Commodities & Metals
Cramer Hunts For Safe Harbor in a Storm: DuPont (DD)
Published:
Last Updated:
Cramer went out tonight on CNBC’s MAD MONEY still looking for safe harbors in a storm, despite the strong market today and despite his noting that this trading rally could last 5 days.
His pick tonight was DuPont (NYSE: DD) that he thinks should say good things at its conference Friday, and may even raise numbers. With it having a large agriculture play, he thinks that is good. Cramer noted how this is a reinvention of a company as its seed business is so strong. He even noted that the company could announce it is spinning off the agriculture business. He did note that he would only buy half of his position after today’s run and hope for lower prices Thursday.
Last night his safe harbor for the storm pick was Genentech (NYSE: DNA).
Jon C. Ogg
March 11, 2008
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.