Cramer Backs NYSE Euronext (NYX) Again
The entire year has been an uphill battle for Cramer with NYSE Euronex.
Cramer pointed out that this last year the stock has traded worse than any other stock he has ever seen in his 26 years of trading. When all other stocks went up, this one went down and the most frustrating thing about it was his thesis for owning it was entirely intact the entire time.
It wasn’t going down because he was wrong about the company, he said. “It was just going down.”
Now that NYX is nearly back to where it was when he recommended it at the beginning of the year, Cramer said he’s sure many investors are ready to give up and sell it. However, he advised not to quit now.
“Even though you hate owning it, nothing fundamental has changed for the company underneath, it”



























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