Okay, financials may be bottoming (maybe?)….who cares…steer clear. What about other names that have good fundamentals and that have been beaten up (but have huge potential upside). What about names like: Foster Wheeler, EMC, Discovery Holdings, BP….what about these, anyone?
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Cramer has gone on the record as saying, “defense stocks are as strong as ever and as cheap as ever” If John McCain makes it to the White House he believes you want to be in the defensive stocks. Cramer’s list includes:
Lockheed Martin (LMT), Northrup Grumman (NOC), General Dynamics (GD), L-3 Communications (LLL) and […]
Since everything she touches turns to gold, it is no wonder why Oprah has Cramer’s vote. Oprah has joined forces with Discovery Holdings (The Discovery Channel) to launch her own network. With DISCA trading 7% lower than when Cramer first backed it…looks like a good time to back up the truck on a […]
Yahoo extended the deadline for nominating candidates to its board fearing that Microsoft would nominate its own member to the board in an attempt to push the deal through. Yahoo had given itself more time to search for a white knight to help it fight off an unwanted takeover bid from Microsoft. There […]
Foster Wheeler dropped close to fifteen percent as the company’s results fell well below the Streets expectations.
According to Thomson Financial, the engineering and construction services company’s earnings rose 23.8% to $78.1 million, or 54 cents per share, from $63.1 million, or 44 cents per share, a year earlier. Sales jumped 25.0% to $1.5 billion from […]
Cramer recently has taken issue with the fact that the Sirius/XM merger is taking way to long; even longer than the Exxon Mobil merger. Cramer pointed out that Sirius and XM have pledged to give Congress everything they’ve asked for, including a la carte pricing options. “Satellite radio has competition,” he noted, “from both […]
