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Cramer on BloggingStocks: Cramer bullish on the Dow for '09 -- Part II

 Jan 06, 2009 02:04 PM UTC
Return Risk
+1.30% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
DD Positive 01/06/09 +25.07% --
CAT Positive 01/06/09 -49.56% 03/09/09
XOM Positive 01/06/09 -4.74% 01/09/09
DOW Positive 01/06/09 +58.50% --
DIS Positive 01/06/09 +6.26% 07/31/09
KO Positive 01/06/09 -13.70% 03/09/09
CVX Positive 01/06/09 -14.71% 06/23/09
PEP Positive 01/06/09 -16.56% 03/09/09
GE Positive 01/06/09 -5.52% 01/09/09
PPG Positive 01/06/09 -5.33% 06/23/09

Graphic_arrow1 Via BloggingStocks:  

Filed under: General Electric (GE), Coca-Cola (KO), PepsiCo (PEP), Exxon Mobil (XOM), Market matters, Walt Disney (DIS), Caterpillar (CAT), Chevron Corp (CVX), duPont(E.I.)deNemours (DD), Dow Chemical (DOW), DJIA, Stocks to Buy, Cramer on BloggingStocks


TheStreet.com's Jim Cramer takes a look at the next six Dow stocks: Caterpillar, Chevron, Coca-Cola, Disney, Du Pont and General Electric.

Editor's note: This is the second part of Jim Cramer's series of predictions for the Dow components in 2009. If you missed the first part, you can go to Cramer bullish on the Dow for '09 -- Part I

Caterpillar (NYSE: CAT) (Cramer's Take): Here's a direct play on a turn in China and a huge stimulus plan by President-elect Obama. I believe the dividend is safe, and I trust management when it says that 2009's second half can be much better than the first half, even though I am in a lonely minority on that front. The decision to freeze wages and fire a bunch of people made sense and made me believe the company cares more about maintaining the dividend through hard times than I thought it did.

I believe the stock will get gigantic orders from the U.S. government after the passing of a stimulus plan. You can't build any infrastructure without Caterpillar's equipment, and the government ain't buying tractors from Komatsu. Helped by its 4% yield, the stock will go back to $55, a fantastic move, even though first-quarter earnings will be horrible. Don't forget, China's coming back, and that's a second big customer.

Continue reading Cramer on BloggingStocks: Cramer bullish on the Dow for '09 -- Part II

Cramer on BloggingStocks: Cramer bullish on the Dow for '09 -- Part II originally appeared on BloggingStocks on Tue, 06 Jan 2009 09:04:00 EST. Please see our terms for use of feeds.

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JIMMY T   17%     1 point   commented 300 days ago reply

GOD BLESS JIM CRAMER. HE HAS MONEY AND A T.V. SHOW. GOOD FOR HIM!
He is Bullish on the Dow. Jan.6th.........
In my opinion this period of time, is more volatile than it was back in November 2008. I am not perfect by any means, however everyone makes mistakes.
As I write this comment January 11th, I strongly believe that jim is dead wrong about being bullish on the Dow right now.
Their are after shocks headed are way,
including more Bankruptcies, several quarters of bad earnings, a transition in the White House, War conflicts in the Middle East that are far from over, and you still have tainted Research firms, their experts, their high target prices giving misinformation to the general public. And that includes some Brokerage houses and even Thomson Financials who never seem to adjust their Mean Target Prices after a stock has gone down considerably, and in a 6 -12 month time frame as well.
Let's not forget the SEC too. They have been lax in enforcing their rules and deadlines with companies as of late.
The whole system needs revamping before Investors can once again TRUST & Rely on Reputable people, and Services.
Right now there is an imbalance still of thieves, crooks, and too many scams that are still in Business on Wall Street. Just look back thirty days ago when many so called experts said we bottomed, and you should be buying now. Shouldn't we have learned from the past already. Washington and Wall street has stolen the most money to date in the history of the WORLD. Many Americans are a lot poorer than 6 months ago and unemployment is heading to 10% soon. With increased foreclosures on the horizon, how can the DOW be bullish?
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JIMMY T   17%     1 point   commented 268 days ago reply

UPDATE:FEB.12th, SO FAR JIMMY CRAMER IS ALMOST -17% ON HIS PICKS
FOR 2009. AND HIS BULLISHNESS ON THE DOW, WHEN IT WAS JUST OVER 9,100 POINTS, IS NOW UNDER 8,000 (NOT TO GOOD JIMMY). I DO NOT HAVE A T.V.SHOW,NOR A STAFF LIKE HIM, NOR HIS MONEY, BUT I WILL GIVE YOU MY NOVICE STOCK PICKS FOR 2009.
AUY,QCOR,AEM,BMRN,SXE,KGC,
AND THE 2011 CALLS ON AUY,KGC, AND AEM. WHEN IT COMES TO MONEY, GREED, SCAMS, SWINDLES, WALLSTREET&WASHINGTON ALONG WITH SOME CEO'S AND BROKERAGE HOUSE COUPLED WITH BANKS, AND LAST BUT NOT LEAST POLITICIANS, THE LITTLE GUY HAS NO CHANCE IN HELL!
YOU CAN'T TRUST ANYONE ANY MORE, BUT YOU CAN BET WITH THE CRISIS AND BAILOUTS, THAT HYPER INFLATION
IS THE OBVIOUS DESTINATION.

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