In the PART 3 of Cramer’s "EVEN MORE BULLISH ON THE DOW" Cramer noted several more companies in the DJIA 30.
He did discuss Home Depot (HD-NYSE) and while he noted almost every dislike from management and stores, he thinks it could rally $10 if housing turns around.
Cramer has been an anti-Nardelli-ite just like me, and you can CLICK HERE to see why I noted that Nardelli is in the TOP 10 CEO’s THAT NEED TO GO. I have been amazed that Nardelli generated so many emails sent to me, but I have received many emails from current and ex-ployees describing how the company has changed for the worse. In fairness and objectivity I have also received at least one email saying he is personally a gracious and kind person, but my stance is really how Wall Street perceives him and that the stock would instantly jump up if he would step down.
The main criticism of Nardelli that was sent to me that I did not note in my stance in the previous stories was Nardelli’s policies taking away all the incentives for employees to think like small business owners. There were also some obvious disgruntled employees that felt his pay package was at their expense.
Jon C. Ogg
December 28, 2006