Cramer Highlights

• The Obama factor is helping to push the markets higher and making certain sectors inviting for investors.
• On the heels of Obama’s infrastructure initiative strength is clearly visible in such names as JEC – Jacobs Engineering, ACM – AECOM, NUE – Nucor and X – US Steel.
• Also companies like FCX – Freeport McMoran, JOYG – Joy Global and CAT – Caterpillar should do well too.
• Cramer said names agriculture nameslike DE – Deere & Co., POT – Potash and MOS – Mosaic should do well, given Obama’s favorable stance on ethanol.
• With mortgage rates likely to hit 4%, he’s also warming up to the homebuilders, including KBH – KB Homes, TOL – Toll Brothers and LEN – Lennar.
• Sectors like financials, alternative energy and even the drugs stocks, should also show some strength going forward.
• Cramer mentioned GS – Goldman Sachs, MS – Morgan Stanley, FSLR – First Solar, TRN – Trinity Industries, SGP – Schering-Plough and JNJ – Johnson & Johnson as the stocks to watch in those sectors.

Here’s the list of stocks from Cramer’s Mad Money Show for Wednesday, December 17, 2008.

Note: Dow stocks mentioned tonight: Thumbs up for JPM and WMT!

Thumbs up for these stocks………….
APC – Anadarko Petroleum $39.23
CL – Colgate-Palmolive $62.18
JPM* – JP Morgan Chase $31.86
WMT* – Wal-mart $55.19

Thumbs down for these stocks………..
CHK – Chesapeake Energy $16.09
TSN – Tyson Foods $7.91
WHR – Whirlpool $43.00
WWE – World Wrestling Entertainment $11.74

*A CHARITABLE TRUST STOCK.