Jim Cramer is the host of CNBC's Mad Money and the chairman of TheStreet.com. In 1987 Cramer started his own hedge fund and returned an average of 24% per year between 1987 and 2001. Cramer also authored six money management books.
We compiled Jim Cramer’s stock picks on his July 13th show:
1. Westport Innovations Inc. (WPRT): Westport Innovations provides alternative fuel, low-emissions technologies. WPRT recently traded at $26.93 and gained 50% during the past 12 months. The stock has a market cap of $1.2 billion.
WPRT gained 8.5 percent on Tuesday after Chesapeake Energy Corp. said it would invest $1 billion to creating demand for natural gas vehicles. Legendary investor George Soros had $122 million invested in WPRT at the end of March. (See George Soros’ top holdings).
On 29th June Cramer said that “Alright, now you've heard it. Obviously, the stock's already run in advance. What I care about is the notion that you understand that a good speculation has a big end market, has a good balance sheet, which Westport does, and yes, if it's speculation, I don't mind you being enamored of the actual technology, as I am, because I think it's a good money maker and good for the country. That's Wesport Innovations.”
2. Caterpillar Inc. (CAT): Caterpillar is a Fortune 100 company and the world's leading manufacturer of construction and mining equipment. CAT recently traded at $108.64 and has a 1.7% dividend yield. CAT gained 66.3% during the past 12 months. The stock has a market cap of $70 billion and P/E ratio of 19.3. Caterpillar also has a conservative payout ratio of around 31 percent. In the first quarter of 2011, CAT reported net sales of over $12.9 billion, an increase of 57% compared to first quarter of 2010. At the end of the first quarter Debt-to-capital ratio was improved to 30.4% from 45.2% a year ago and 34.8% at year-end 2010. CAT also has $4.9 billion of cash and short-term investments on the balance sheet at the end of 1Q. Ken Fisher's Fisher Asset Management had $820 Million in Caterpillar at the end of March. (See Ken fisher’s top holdings).
On 11th June Cramer said “I mean, Caterpillar said over and over and over again, if they could get oil down to $80 or $90, that's where they do best... $80-90. So then oil goes to $90, and what do they do? They sell, sell, sell. Why? Because they're morons! I think Caterpillar's terrific here. And, if it gets to $97 again, we'll pull the trigger…”
3. Cummins Inc. (CMI): Cummins Inc. provides diesel and natural gas engines, power generation equipment and custom power supplies worldwide. CMI recently traded at $105.71 and has a 1% dividend yield. CMI gained 43.2% during the past 12 months. The stock has a market cap of $20.4 billion and P/E ratio of 16.7. Ken Fisher's Fisher Asset Management, Ken Griffin's Citadel Investment Group and Jim Simons' Renaissance Technologies had the largest positions in this stock at the end of March. (See Jim Simons' top stock picks here).
4. Carrizo Oil & Gas Inc. (CRZO): Carrizo Oil & Gas provides exploration, development, and production services of oil and gas in the United States and United Kingdom. CRZO recently traded at $39.22 and gained 115.9% during the past 12 months. The stock has a market cap of $1.5 billion.
5. Consolidated Edison Inc. (ED): Consolidated Edison provides electric, gas, and steam utility services in the United States. ED recently traded at $53.71 and has a 4.5% dividend yield. ED gained 23.6% during the past 12 months. The stock has a market cap of $15.6 billion and P/E ratio of 14.3. ED is also one of the 35 Growing Dividend Stocks with Low PE Ratios. (See full list of these stocks here)
6. Ford Motor Co. (F): Ford Motor Company is one of the leading multinational automakers. F recently traded at $13.27 and gained 12.4% during the past 12 months. The stock has a market cap of $50 billion and P/E ratio of 7.43.
7. SPDR Gold Trust (GLD): GLD recently traded at $154.47 and gained 30.6% during the past 12 months.
8. Kirby Corporation (KEX): Kirby Corporation provides marine transportation and diesel engine services in the United States. KEX recently traded at $57.9 and gained 44.6% during the past 12 months. The stock has a market cap of $3.1 billion and P/E ratio of 25.4.
9. McDonald’s Corp. (MCD): McDonald’s is one of the leading multinational foodservice retailers. MCD recently traded at $84.96 and has a 2.9% dividend yield. MCD gained 23.6% during the past 12 months. The stock has a market cap of $89.4 billion and P/E ratio of 18.22.
10. Netflix, Inc. (NFLX): Netflix provides online movie rental subscription services in the United States. NFLX recently traded at $298.73 and gained 142.9% during the past 12 months. The stock has a market cap of $15.2 billion and P/E ratio of 83.24.
Leonard Brecken predicted that Netflix is going to fall 70% within 12 months. He was on CNBC’s Fast Money and told viewers that Netflix is playing accounting games and that content costs are skyrocketing. John Griffin’s Blue Ridge Capital had $125 million invested in Netflix shares at the end of 2010.
11. Southern Company (SO): Southern Company provides electric service in the United States. SO recently traded at $40.32 and has a 4.7% dividend yield. SO gained 21.3% during the past 12 months. The stock has a market cap of $34.2 billion and P/E ratio of 17.9.
12. V.F. Corporation (VFC): V.F. Corporation designs and manufactures clothing products. VFC recently traded at $115 and has a 2.2% dividend yield. VFC gained 55.4% during the past 12 months. The stock has a market cap of $12.5 billion and P/E ratio of 20.6.
13. Windstream Corporation (WIN): Windstream Corporation provides various telecommunications services in the United States. WIN recently traded at $12.81 and has a 7.8% dividend yield. WIN gained 21.1% during the past 12 months. The stock has a market cap of $6.5 billion and P/E ratio of 23.8.
We will calculate the returns of Jim Cramer's stock picks in the next few weeks.