Top 5 Railroad Stocks To Buy For 2014

Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".

(Updates with closing information.)

NEW YORK (TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk on the Street" Friday.

Of Western Digital (WDC), Cramer said: "Citigroup says buy this. Why? Because of the revival of the PC." WDC rose 19 cents to $79.05.

Cramer said CSX (CSX) is interesting. "There's re-pricing going on," he said of the railroad. "It's a good buy." CSX rose 1.1% to $27.57.

Trulia (TRLA) has been "a disaster of late and that's because of a lot of competition," Cramer said. "It's overvalued." TRLA jumped 8.5% to $31.73.

Credit Suisse put out a positive note on ADT (ADT), but Cramer urged caution. "It's been a horrendous performer," he said. "Stay away." ADT was down 1.2% to $38.80.

Cramer likes Diana Shipping (DSX). "This has been a remarkable performer," he said. "I want to buy as a spec." DSX zoomed 10.1% to $12.27.

Cramer said a lot of people are deserting United Technologies (UTX) today but he thinks it has a "federal government problem that'll be resolved. Buy it, [do] not sell it." UTX fell nearly 1% to $107.35.

5 Best Specialty Retail Stocks To Watch Right Now: Medbox Inc (MDBX)

Medbox Inc. (Medbox) offers a machine that dispenses medication to individuals based on biometric identification (fingerprint sample). The machine allows pharmacies, hospitals, doctors' offices, and alternative medicine clinics to manage employee possession of sensitive drugs. The system also allows these clinics to demonstrate that the user visiting the machine is a registered patient and that the patient has a valid and unexpired authorization from a physician to possess and use the medicine dispensed. The Company has national and international presence with offices in Los Angeles, New York, Toronto, London and Tokyo.

Medbox, through its subsidiaries, offers consulting services to the alternative medicine industry, as well as to the mini self-storage market. The Company provides consulting services primarily to individuals and groups seeking to establish new clinics and facilities, often in jurisdictions that have recently passed legislation concerning the availability of alternative medicines, as well as existing jurisdictions, nationwide.

Advisors' Opinion:

• [By John Udovich]

  Small cap marijuana stocks Medical Marijuana Inc (OTCMKTS: MJNA), Cannabis Science Inc (OTCMKTS: CBIS), Medbox Inc (OTCMKTS: MDBX), Growlife Inc (OTCBB: PHOT) and HEMP, Inc (OTCMKTS: HEMP) were all surging by double digits yesterday thanks in part to legal sales of pot beginning in Colorado.

• [By Ben Levisohn]

  But, as the Huffington Post points out, most of the companies that stand to benefit are very small–they make micro caps look big–trade over the counter–good bye liquidity. That includes transaction-processing company MediSwipe (MWIPD), GreenGro Technologies (GRNH) Medbox (MDBX), which makes dispenser for high-risk drugs, and GW Pharmaceuticals (GWPRF).

Top 5 Railroad Stocks To Buy For 2014: La-Z-Boy In (LZB)

La-Z-Boy Incorporated, incorporated on May 1, 1941, is a global producer of reclining chairs. The Company manufactures, markets, imports, distributes and retails upholstery products, accessories and casegoods (wood) furniture products. The Company sells its products, primarily in the United States and Canada, to furniture retailers and directly to consumers through Company-owned stores. The Company operates in three segments: Upholstery Group, Casegoods Group and Retail Group. As of April 27, 2013, the Company had network of 313 La-Z-Boy furniture galleries stores and 565 Comfort Studios, and it owned 94 of the La-Z-Boy Furniture Galleries stores. The Kincaid, England and Lea operating units also have in-store gallery programs.

Upholstery Group

The Company�� operating units in the Upholstery Group are England and Bauhaus. It manufactures and sells upholstered furniture to furniture retailers and stores. Upholstered furniture includes recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans and sleeper sofas. It sells directly to La-Z-Boy Furniture Galleries stores, operators of Comfort Studios locations, major dealers and other independent retailers.

The Company competes with Ashley, Bassett Furniture, Bernhardt, Ethan Allen, Flexsteel, Furniture Brands International, Klaussner, and Natuzzi.

Casegoods Group

The Casegoods Group is an importer, marketer, manufacturer and distributor of casegoods (wood) furniture, such as bedroom sets, dining room sets, entertainment centers, and accent pieces, as well as some coordinated upholstered furniture. The operating units in the Casegoods Group consist of two groups, one including American Drew, Lea and Hammary, and the second being Kincaid. The Casegoods segment primarily sells to dealers and other independent retailers.

The Company competes with Ashley, Bassett Furniture, Bernhardt, Ethan Allen, Flexsteel, Furniture Brands International, Klaussner, a! nd Natuzzi.

Retail Group

The Retail Group consists of 94 Company-owned La-Z-Boy Furniture Galleries stores located in 11 markets ranging from the Midwest to the East Coast of the United States and also, including Southeastern Florida and southern California. The Retail Group sells upholstered furniture, as well as casegoods and other accessories to end consumers through the retail network.

The Company competes with Arhaus, Ashley, Bassett Furniture Direct, Crate and Barrel, Ethan Allen, Restoration Hardware, Thomasville Home Furnishings Stores, Costco, Home Depot, IKEA, Sam�� Club, Target, Wal-Mart and Williams Sonoma.

Advisors' Opinion:

• [By Garrett Cook]

  Shares of La-Z-Boy (NYSE: LZB) were 8.62 percent to $22.70 after the company reported downbeat fourth-quarter revenue. The company also announced its plans to stop production at Hudson plant this year. Its same-store sales declined 0.9% in the quarter, versus an 11.2% gain in the year-ago quarter.

• [By Jake L'Ecuyer]

  La-Z-Boy (NYSE: LZB) was also up, gaining 10.11 percent to $26.89 after the company reported upbeat fiscal second-quarter results and lifted its dividend.

• [By The Part-time Investor]

  The following stocks met the criteria in January of 2008 and were put into the initial portfolio:

  Abbot Labs (ABT)Advanced data processing (ADP)Associated Banc-Corp (ASBC)Bank of America (BAC)BB&T Corp. (BBT)Bemis Company (BMS)Anheuser Busch (BUD)The Chubb Corporation (CB)Clorox (CLX)Comerica Inc. (CMA)Diebold Inc. (DBD)Emerson Electronics (EMR)First Dollar Corp. (FDO)First Third BanCorp. (FITB)Gannett Co, Inc. (GCI)General Electric (GE)Hershey (HSY)Illinois Tools Works (ITW)Johnson and Johnson (JNJ)Leggett and Platt (LEG)Eli Lilly (LLY)La-Z-Boy (LZB)McDonald's (MCD)Marsh and Ilsley (MI)M&T Bancorp (MTB)PepsiCo (PEP)Pfizer (PFE)Procter & Gamble (PG)Pentair Ltd. (PNR)Regions Financial Corp. (RF)Rohm and Haas (ROH)RPM International (RPM)Sherwin Williams (SHW)Sysco Corp. (SYY)UDR Inc. (UDR)

  Historical quotes were taken from Yahoo Finance. $10,000 was put into each position, to the nearest whole share, so a total of $349,262.89 was invested. From 1/15/08 through 5/16/13 all dividends were reinvested back into the stock that paid them. If a dividend cut was announced, that stock was sold on the ex-div date of the new, lower dividend.

• [By Rich Duprey]

  Investors can sit back and relax as uber-comfy reclining-chair maker La-Z-Boy (NYSE: LZB  ) said Tuesday it�will pay a�regular quarterly dividend�of $0.04 per share on June 10 to the holders of record at the close of business on May 30.�

Top 5 Railroad Stocks To Buy For 2014: New York & Company Inc.(NWY)

New York & Company, Inc., together with its subsidiaries, operates as a specialty retailer of women's fashion apparel and accessories in the United States. The company offers a range of wear-to-work, and casual apparel and accessories, including pants, jackets, knit tops, blouses, sweaters, denim, T-shirts, activewear, handbags, and jewelry. It sells its products under the New York & Company, Lerner, Lerner New York, New York Style, City Stretch, City Style, and NY&C brand names. The company sells its branded merchandise through its network of retail stores and E-commerce store at nyandcompany.com. As of March 15, 2012, it operated 532 stores in 43 states. The company, formerly known as NY & Co. Group, Inc., was founded in 1918 and is headquartered in New York, New York.

Advisors' Opinion:

• [By Sue Chang]

  New York & Co. (NWY) �is likely to post earnings of 10 cents a share in the fourth quarter.

Top 5 Railroad Stocks To Buy For 2014: AB SKF (SKFRY.PK)

AB SKF, formerly SKF AB, is a global supplier of products, solutions and services within rolling bearings, seals, mechatronics, services and lubrication systems. The services provided by the Company include technical support, maintenance services, condition monitoring and training. The Company operates in three divisions: Industrial Division and Service Division, servicing industrial original equipment manufacturers (OEMs) and aftermarket customers respectively, and Automotive Division, servicing automotive OEMs and aftermarket customers. SKF operates in around 40 customer segments, including cars and light trucks, wind energy, railway, machine tool, medical, food and beverage and paper industries. In April 2009, the Company acquired the remaining 49% interest in SKF Polyseal.

In February 2008, the Company acquired QPMAerospaces�� metallic rods business. In October 2008, the Company acquired Cirval S.A Argentina. In November 2008, the Company acquired GLO s.r.l. Italy. In December 2008, the Company acquired the remaining 30% of the operations of SKF Automotive Bearings Company. In September 2008, the Company acquired PEER Bearing Company and its manufacturing units in the People�� Republic of China and Thailand.

Industrial Division

The Industrial Division serves industrial OEMs customers in some 30 global industry customer segments with a range of energy-efficient offerings. The solutions and know-how are based on the manufacturing of a wide range of bearings, such as spherical and cylindrical roller bearings, angular contact ball bearings, medium deep groove ball bearings and superprecision bearings, as well as lubrication systems, linear motion products, magnetic bearings, by-wire systems and couplings.

Service Division

The Service Division serves the global industrial aftermarket providing products and knowledge-based services for customers��plant asset efficiency. The solutions are based on SKF�� knowledge of bearings, sea! ls, lubrication systems, mechatronics and services, and customers are served by SKF and its network of over 7,000 authorized distributors. The division runs a network of Condition Monitoring Centres, which designs and produces global hardware and software. Service Division is also responsible for all SKF�� sales in certain markets.

Automotive Division

The Automotive Division serves manufacturers of cars, light trucks, heavy trucks, buses, two-wheelers and the vehicle service market, supporting them in bringing solutions to global markets. In addition, the division provides energy-saving solutions for home appliances, power tools and electric motors. Within the Automotive Division, SKF develops and manufactures bearings, seals and related products and services. Products include wheel hub bearing units, tapered roller bearings, small deep groove ball bearings, seals, and automotive specialty products for engine, steering and driveline applications. For the vehicle service market, the division provides complete repair kits, including a range of drive shafts and constant velocity joints.

Logistics Services

SKF�� business is supported by its logistics processes and systems, which involve all parts of the logistics needs in the supply chain. SKF Logistics Services provides warehousing, transportation, packaging and inventory management based on seamless information and communication technology for the SKF Group globally.

Advisors' Opinion:

• [By Stephen Simpson, CFA]

  I wrote on bearings and velocity control products company Kaydon (KDN) in early March of this year, and I didn't see a lot of value at the time. As the year went on, that call looked worse and worse, as the stock climbed about 18% - well above the S&P 500, and well above industry peers/competitors like Timken (TKR) and SKF (SKFRY.PK). To top it all off, Kaydon announced this morning (September 5) that it had received and accepted a buyout offer from SKF valuing the company at $35.50 - some 45% higher than the price when I thought it looked only about 10% undervalued. So what did I get wrong here, and what can investors do to avoid a similar mistake?