Cramer Shares 'Obama Portfolio'

Guru picks hot stocks for 2009
By Rebecca Smith Hurd,  Newser User
Posted Dec 1, 2008 12:47 PM CST
The closing number for the Dow Jones Industrial Average on Nov. 21, 2008, showed Wall Street ending a volatile week in which the major indexes jumped more than 5 percent.   (AP Photo/Richard Drew)
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(Newser) – America isn’t out of the economic woods, but savvy investors should drop some kindling on their investment fires, James Cramer writes in New York. “Obama’s swift transition and desire to spend trillions to get us moving could prove that happier days will eventually beckon, at least for a handful of carefully selected companies,” he predicts. Cramer’s stock picks align with Obama’s plans for the nation's infrastructure, alternative energy, consumer lending, and health care.

"Given that we are now down huge, with a new president-elect who actually wants to focus on rebuilding our economy, things are getting interesting on the long side again," the Mad Money host writes. Cramer's picks include Caterpillar, Quanta Services, Deere & Co., Owens Corning, Gilead, Wells Fargo, and Wal-Mart.