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Jim Cramer Return Risk +2.37% MID Tracked Blogger Profile & Performance Subscribe to author

Symbol Sentiment Start Return Closed ABB 11/19/08 +91.06% -- MDR 11/19/08 +201.54% -- SGR 11/19/08 -71.74% -- KBR 11/19/08 +60.10% -- Via BloggingStocks:   Filed under: Market matters, Stocks to Buy, Cramer on BloggingStocks From TheStreet.com Network Warren Buffett Proves He's Human Detroit Pleads for $25B in Federal Aid TheStreet.com's Jim Cramer says eventually, the credit markets will thaw, and this one will take off like a rocket. Cheap isn't always relative. Consider the case of Shaw Group (NYSE: SGR) (Cramer's Take), the infrastructure play with the nuclear bent that has tons of business around the world building nuke plants that are competitive with oil and nat gas even at these prices, but obviously are much better for the environment. Shaw's doing great -- big order book, no cancellations or stretch-outs (unlike ABB (NYSE: ABB) (Cramer's Take) or McDermott (NYSE: MDR) (Cramer's Take)), and most important, its stock is trading a mere dollar and a half above its cash. It's absurd, as the CEO told me last night on a pre-empted edition of the 6 p.m. "Mad Money." The valuation makes no sense. Continue reading Cramer on BloggingStocks: Shaw is actually cheap Cramer on BloggingStocks: Shaw is actually cheap originally appeared on BloggingStocks on Wed, 19 Nov 2008 09:12:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments   Read the rest of original post »

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