Friday, March 23, 2007

Cramer Loves Ingersoll Rand!

The Cramer, on yesterday's Mad Money, announced that CAT, IR, BA, UTX, DE and FCX were all buys at current levels.

While Cramer is a genius to the infinite power, I still must mildly disagree on the buy point for IR. The stock is technically rockin' and rollin'. The fifty day moving average is trending up, MACD just crossed over and the stock annihilated double bottom resistance at $44. Still, the stock is extended. I will wait for a pullback before buying. Booyah!

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