Insightful analysis and commentary for the US and global equity investor
Contributors: Douglas McIntyre Jon C. Ogg

Previous Posts

Monday, October 23, 2006

Cramer on STOP TRADING: He Likes WWY & AMTD

On today's STOP TRADING segment around 2:45 PM EST on CNBC Jim Cramer came out discussing oil bouncing back a tad. He said he is still a bull and mutual funds are buying on Monday's. He said the amount of money coming will spread out everywhere in the market, even the laggards.

He even said the last guest with a 13,000 target by April is compelling.

Wrigley (WWY) is good because they hired an outsider Perez, and that is good for investors and he thinks WWY could pull back $2 but will go to $60.00.

Ameritrade (AMTD) is too far oversold according to Cramer. He thinks that people won't leave in mass; he thinks at $16.59 that Joe Moglia has a better story and these could go back to where it was before Bank of America started the free program.

Jon C. Ogg
October 23, 2006
 Subscribe

Powered by Blogger