Mad Money Man
In the current Bull market, natural resources continue to rise. Cramer's BRIC countries have allowed minerals to thrive. These BRIC countries include: Brazil, Russia, India, and China. These countries are industrializing rapidly and taking form in growth and consumption of medals. Cramer likes companies that do business abroad in these countries not native companies. Tonight he listed six companies that could make mad money with the Bull market in minerals. The first three are mining companies and the last three are extraction companies.
Mining Companies:
BHP Billiton BHP- They are within the top three for producing copper, nickel, coal, and others.
Freeport McMoran FCX - They are the lowest cost copper producer in the world. They are also one of the largest producers of copper and gold in the world. They yield a 2.4% dividend and are inclined to pay special dividends. This is a good long term play.
Rio Tinto RTP - They are the mineral supermarket to the world because they have so many minerals in production. They are the 2nd largest producer of iron ore.
Extraction Companies:
Manitowoc Co. MTW - They are the best crane company in the world and as we all know, cranes are essential for mining minerals. This company should also benefit from the Highway Bill passed by congress and the rebuilding of the Gulf Coast.
Terex CP TEX - They make hydrolic lifts for mining materials. They should be bought on any weakness.
Caterpillar CAT - They make the best mining trucks in the world and are the best of breed.
Mining Companies:
BHP Billiton BHP- They are within the top three for producing copper, nickel, coal, and others.
Freeport McMoran FCX - They are the lowest cost copper producer in the world. They are also one of the largest producers of copper and gold in the world. They yield a 2.4% dividend and are inclined to pay special dividends. This is a good long term play.
Rio Tinto RTP - They are the mineral supermarket to the world because they have so many minerals in production. They are the 2nd largest producer of iron ore.
Extraction Companies:
Manitowoc Co. MTW - They are the best crane company in the world and as we all know, cranes are essential for mining minerals. This company should also benefit from the Highway Bill passed by congress and the rebuilding of the Gulf Coast.
Terex CP TEX - They make hydrolic lifts for mining materials. They should be bought on any weakness.
Caterpillar CAT - They make the best mining trucks in the world and are the best of breed.
posted by Stock Administrator @ 9:46 PM
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