Cramer likes Graco, Lowe's, Target; but ring register on Fortune Brands

Posted Nov 14th 2006 3:10PM by Jon Ogg
Filed under: Analyst Reports, Home Depot (HD), Toyota Motor Corp. (TM), Target Corp. (TGT), Fortune Brands (FO), Lowe's Cos (LOW), Graco Inc (GGG)

On today's STOP TRADING segment on CNBC, Jim Cramer reviewed a couple of ideas to make money.

On Graco Inc. (NYSE:GGG), Cramer thinks the CEO is great. He said if it wasn't for The Home Depot, Inc. (NYSE:HD) the stock would be up. The CEO reportedly said the worst drop in housing was behind. Cramer said the Home Depot is its own problem and its own worst enemy. Cramer said he thinks Lowe's Companies, Inc. (NYSE:LOW) will be able to climb from here.

Cramer said Target Corporation (NYSE:TGT) can go higher as well.

He said American Standard Companies Inc. (NYSE:ASD) and Fortune Brands, Inc. (NYSE:FO) have bottomed.

Cramer also said the Big 3 even after meeting with Bush are just a trying situation and Toyota Motor Corporation (ADR) (NYSE:TM) is the play there.

Cramer said to take the profit on Express Scripts, Inc. (NASDAQ:ESRX), so ring the register according to him.

Jon Ogg is a partner in 24/7 Wall St., LLC; he does not own securities in the companies he covers.

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