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Mad Money 29 September 2005 |
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The Mortgage-Pro Site Admin
Joined: 19 Jan 2005 Posts: 2248
| Posted: Thu Sep 29, 2005 11:58 pm Post subject: Mad Money 29 September 2005 | |
| Jim Cramer’s Mad Money Recap 9/29/2005
Jim Cramer suggested a play on Anglo Amern Plc (NASDAQ SC: AAUK).
Anglo American is a global leader in mining and natural resources. Our diversified products are essential parts of modern life. Anglo American is committed to operating in a profitable, sustainable and responsible way.
This is a mineral play to capitalize on the shortage of diamonds, gold & platinum. Since China is exploding more of there couples or going for the proper wedding accessories. So you know that means? China wants to bling!
AAUK was trading at $30.42 as of the market close of 9/29/2005
Cramer also liked Fmc Technologies Inc (NYSE:FTI) right here. This is a “new age” oil play that has not yet seen its day in the sun. They have some exciting technologies which should help them see a bounce. They specialize in sub-sea trees and horizontal drilling. They have 40% of the sub see tree business. Sub-sea trees are placed at the bottom of the ocean for oil extraction.
This company is only up 25% this year and should see a nice bounce. |
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