Mad Money / Jim Cramer Daily Recap 7/31/07

August 1st, 2007 / 10:59 am / by OnlineTradersForum.com

OnlineTradersForum.com - traders and investors sharing ideasPlease do your own research, and verify all information before acting on it. This summary of Cramer’s picks is not intended to replace watching the shows, where his comments about the stocks often include advice about entry and exit points.

Cramer said that traders should redeploy their capital into the bull markets that are still working, such as aerospace, machinery, agriculture, minerals, infrastructure and oil and oil services, and defense. “Defense is in, and financials are out.”

Buy
Acergy (ACGY) (Lightning Round)
Agrium (AGU) (Lightning Round)
Alliant Techsystems (ATK) (Mad Money)
B&G Foods (BGS) (CEO on Mad Money)
Boeing (BA) (Mad Money)
Brocade Communications (BRCD) (Lightning Round)
CF Industries (CF) (Lightning Round)
Cisco Systems (CSCO) (Lightning Round)
Costco (COST) (Lightning Round)
Countrywide (CFC) (mentioned on Stop Trading!)
Dynegy (DYN) (Lightning Round)
EMC (IDEV) (Lightning Round)
FactSet Research Systems (FDS) (Lightning Round)
Indevus Pharmaceuticals (IDEV) (”spec play”) (Lightning Round)
Mosaic (MOS) (Lightning Round)
Potash (POT) (Lightning Round)
Wal-Mart (WMT) (Lightning Round)

Sell
Alcatel-Lucent (ALU) (”CEO on Wall of Shame”) (Lightning Round)
Buffalo Wild Wings (BWLD) (Lightning Round)
First Solar (FSLR) (Lightning Round)
General Cable (BGC) (Lightning Round)
Global Payments (GPN) (Lightning Round)
IndyMac’s (IMB) (mentioned on Stop Trading!)

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