TheStreet.com RealMoney

These Turn Plays Have Even More Juice

By Jim Cramer

 About this article:
 The turn is for real. That's what I am hearing about a bunch of names. First, the Ford turn. People are not waiting to see what GM and Chrysler are doing here. They are buying Ford right into the possibility of a gigantic equity offering to continue to pay down debt, because remember, there is still a big cash burn there. Motorola -- people think the restructurings are finally paying off despite the company not having the right or the cool phones. That's an amazing leap of faith, but the market's enjoying it. Handset shipments did increase, though. The turn in Dow Chemical is being viewed as real. This is one where for a while the whole company seemed to be in doubt off the Rohm & Haas deal. But with raw costs -- natural gas -- way down, the balance sheet improving and...

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