Jim Cramer pumped NL Industries.......
on this past Friday's show of Mad Money! Cramer was bullish about NL because it is a manufacturer of Titanium Dioxide, which is used in a wide variety of household and hygiene products such as paint and even toothpaste! Now what's the fuss? That's the only reason he recommended it? Nope! Cramer mentioned that Hurricane Katrina had disabled a plant by Dupont (DD) which coincidentally was also a producer of Titanium Dioxide. Getting the picture now? The downed DD plant actually supplies over 5% of the world's thirst for Titanium Dioxide. Now the really good news is that the DD plant will be shutdown for some time, even until the middle of 2006. Cramer believes that with the DD plant shutdown and the fact that it used to account for 5% of the world's supply, that the price for Titanium Dioxide will rise and that NL industries will benefit handsomely from it, since DD is out of the picture!
You heard it here folks! You know I mentioned NL a while ago and I told you BUY! I cited that the company had increasing insider interest! I knew that there was a reason for this and now the reason is clear! I recommended this stock at $14.56!! You know thisss! So what are you waiting for? Wait until the Cramerica hysteria dies down. Let Cramers cronies snatch up the stock at 18. YOU buy it a day or two later when the stock dips at a better price! And that's how its done!
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