Cramer Slaps Wal-Mart; Still Loves Allegheny Tech

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By Douglas A. McIntyre Updated Published
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On today’s STOP TRADING segment on CNBC, Cramer said Kroger (KR) is a play.  With Kroger at $29 after a B of A upgrade said it could beat for years to come.  The case against Wal-Mart is so fabulous that everyone wants in.  He commented that when Lee Scott is finally dethroned from Wal-Mart (WMT) this wouldn’t necessarily happen, but now they aren’t what they were.  He adores Allegheny Tech (ATI).  He said this one is in the sweet spot and they are positioned to work every single aspect of the economy and their metal will stand up to corrosive effects of ethanol.

Lee Scott was one of our TOP CEO’s THAT HAVE TO GO from December.

If you want to know why Cramer was out Friday night, it looks like he fractured his foot.

Jon C. Ogg
January 29, 2007

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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