Qwest Communications International Inc., the fourth-largest U.S. telephone company, was recommended today by Jim Cramer on his ``Mad Money'' television program on CNBC because it was one of three companies that won a federal contract worth up to $48 billion.
``This is a real big deal,'' said Cramer, a market commentator and former hedge fund manager, of the contract announced last month. ``Now the stock pulled back enough I think it can run again.''
He said the ``speculative stock,'' which closed at $8.76 on Wednesday, could reach $12.
Cramer also recommended Dynegy Inc. (DYN:US) and Brocade (BRCD:US) Communications Systems Inc. as speculative buys, saying they could both reach $12 as well. He said Dynegy shares could rise if the company makes money this year or becomes an acquisition target. Brocade, which bought competitor McData Corp., may ``beat numbers by consolidating costs and increasing prices,'' he said.
Cramer named Automatic Data Processing Inc. (ADP:US) his ``number one aristocrat pick'' because it ``has a history of raising dividends and the money to do it further.'' He also praised the company's decisions to spin off its underperforming brokerage business and spend $75 million on a share repurchase program.
During the show's ``Lightning Round,'' ``Sudden Death'' and ``Mail'' segments, Cramer recommended buying or holding Airgas Inc. (ARG:US), Akamai Technologies Inc. (AKAM:US), Vertex Pharmaceuticals Inc. (VRTX:US), Express Scripts Inc. (ESRX:US), Terra Nitrogen Company L.P., Mosaic Co. (MOS:US), M&F Worldwide Corp., American Ecology Corp., Harris Corp. (HRS:US) and NYSE Euronext. (NYX:US)
He suggested selling or not buying Sonic Solutions and CMGI Inc.
Cramer said he owns Express Scripts for his charitable trust.
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