Jim Cramer's Market Minute Recap Dec. 7
Ingersoll-Rand (NYSE: IR - News), Caterpillar (NYSE: CAT - News), and Boeing (NYSE: BA - News): Cramer notes that cyclicals are thriving and that "Boeing is just breaking out on every new order."
Denny's (NASDAQ: DENN - News), Rite Aid (NYSE: RAD - News) and Level 3 Communications (NASDAQ: LVLT - News): Cramer discussed three special-situation retailers. Altough Denny's was down, it is in the middle of a comeback, and RAD is headed toward $5 and then to $6, according to Cramer, who reports that the merger will happen and doesn't see problems with unions. Concerning LVLT CEO Jim Crowe's prediction of 25% growth, Cramer said,"That's an amazing number if you can hit it. I don't know how he does it, right now the EBITDA's the same as the interest charges, but I have to bank with him because of the 445% return he gave me in the old MFS Communications."
By Miriam MetzingerLabels: BA, CAT, DENN, IR, Jim Cramer, LVLT, Market Minute, RAD
Jim Cramer's Market Minute Recap Dec. 7
Ingersoll-Rand (NYSE: IR - News), Caterpillar (NYSE: CAT - News), and Boeing (NYSE: BA - News): Cramer notes that cyclicals are thriving and that "Boeing is just breaking out on every new order."
Denny's (NASDAQ: DENN - News), Rite Aid (NYSE: RAD - News) and Level 3 Communications (NASDAQ: LVLT - News): Cramer discussed three special-situation retailers. Altough Denny's was down, it is in the middle of a comeback, and RAD is headed toward $5 and then to $6, according to Cramer, who reports that the merger will happen and doesn't see problems with unions. Concerning LVLT CEO Jim Crowe's prediction of 25% growth, Cramer said,"That's an amazing number if you can hit it. I don't know how he does it, right now the EBITDA's the same as the interest charges, but I have to bank with him because of the 445% return he gave me in the old MFS Communications."
By Miriam Metzinger
Denny's (NASDAQ: DENN - News), Rite Aid (NYSE: RAD - News) and Level 3 Communications (NASDAQ: LVLT - News): Cramer discussed three special-situation retailers. Altough Denny's was down, it is in the middle of a comeback, and RAD is headed toward $5 and then to $6, according to Cramer, who reports that the merger will happen and doesn't see problems with unions. Concerning LVLT CEO Jim Crowe's prediction of 25% growth, Cramer said,"That's an amazing number if you can hit it. I don't know how he does it, right now the EBITDA's the same as the interest charges, but I have to bank with him because of the 445% return he gave me in the old MFS Communications."
By Miriam Metzinger
Labels: BA, CAT, DENN, IR, Jim Cramer, LVLT, Market Minute, RAD






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