Monday, May 08, 2006
Action Alerts Plus: TXT, NBR
Cramer adds a new position to the portfolio, buying 1,200 TXT @ $95.84.
He likes TXT for its aerospace division, particularly its Cessna product line. He cites a 10% backlog in orders and strong orders lines up till 2007.
Should the stock fall to $90, Cramer will own up to 2,000 shares.
He likes the NBR quarter.
He likes TXT for its aerospace division, particularly its Cessna product line. He cites a 10% backlog in orders and strong orders lines up till 2007.
Should the stock fall to $90, Cramer will own up to 2,000 shares.
He likes the NBR quarter.