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Unilever PLC Message Board

  • fastmoney_66 fastmoney_66 May 23, 2009 1:39 PM Flag


    Say what you like, but he is a billionaire and has a popular TV show and you don't!

    Cramer offered up his two favorite European picks during Friday’s Stop Trading!, saying they both “work big here.”

    He likes BP [BP 47.60 0.19 (+0.4%) ] on the strength in oil prices. Awhile back management had said the company’s dividend, the yield right now at 7%, was safe as long as crude prices stayed at or near $50. Cramer was surprised then that BP is up only $1.50 since that call, when oil traded between $48 and $50, despite the price per barrel now being over $60. BP, “the cheapest oil company I follow,” he said, is a buy.

    Cramer’s other pick, Unilever [UL 23.59 0.09 (+0.38%) ], has “the greatest growth prospects of the package goods industry,” he said. “Much, much more than almost every other company.” This is a “terrific stock,” and Unilever’s reorganization is making it competitive against Procter & Gamble [PG 53.03 0

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