Navistar Inernational Corp (NAVZ)

[StockWatcherY2K]

Jim Cramer Recommends NAVZ:

NAVZ.PK 60.10 na 'Star Power'
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Tomorrow, the Secretary of Defense is supposed to present the new defense budget to the democratic Senate Appropriations Committee...

Now, I think we've got a play on this budget, which Bush has just raised by $50 billion...

Of that $50 billion, approximately $12.5 billion will go toward these mine-resistant MRAP vehicles...

The play there is obvious, but I didn't hear anyone talk about it for some reasons that I'll make evident in a moment...

The play is... Navistar International Corp. (NAVZ.PK)

More specific comments to be added for NAVZ.PK...

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The bottom line!: While right now, while this stock may look like a risky stock, I think it could be money in the bank.

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