Royal Caribbean
RCL
(ROYAL CARIBBEAN CR)
Cramer had a short discussion with the president of Royal Caribbean (
RCL),
Adam Goldstein. He asked Mr. Goldstein about about his company's
recent strong earnings report. Mr. Goldstein predicted that the
Caribbean will continue to be strong market for Royal Caribbean. Jim
Cramer reminded Mr. Goldstein that recently Carnival (
CCL)
had said that business in the Caribbean is not looking do
hot, but Mr. Goldstein disagreed with that statement. Mr.
Goldstein also stated that the company is gaining
revenue from increased spending on board.
AAR Corp
AIR
(A A R CP)
(
AIR),
is a company that operates in the maintenance repair and construction
business for airlines. Due to new maintenance regulations have been
passed for jetliners (which may result in the faster retirement of some
planes), Jim thinks that (
AIR) could see an increase in business. In addition, (
AIR)
has a new office in Shanghai, which may be able to win new business
there. China has begun to fix up planes instead of buying new ones.
Jim also mentioned that the company is not, unionized, which keeps
costs low.
Pharmaceutical Product Development Inc
PPDI
(PHARMACEUTICAL PRODUCT DEVELOPMENT, INC. )
Calling Pharmaceutical Product Development Inc.(
PPDI)the
'best of breed clinical trial company', Jim say this is a safe buy
(even in 'mon-back' range). An April 8th New York Times report of drug
trials that killed six led him to take a look into this industry again.
He said that last week this stock wouldn't have been a buy, but due
to the success of C.R. Bard Inc. (
BCR) and Quest
Diagnostics Inc.
(DGX) he now considers them so.
General Dynamics Corp
GD
(GEN DYNAMICS CP)
Jim wondered aloud whether the recent visit
of Chinese Leader Hu would bring about peaceful commerce. He concluded
that, no it would not, but that you may be able to make a buck from
'war profiteering'. The play is General Dynamics Corp (
GD). Because of reported increases in military spending in China, the U.S. will answer in same. General
Dynamics Corp makes sub hunters/killers, combat systems for the
military and Gulf Stream Jets that are very popular with the wealthy and rich.
