Cramer Backs Two More CEO's

Media

Published: March 28, 2007 5:27 pm

Cramer on MAD MONEY tonight added two more CEO’s that you can give the benefit of the doubt. These will make its numbers longer-term.

Here are Cramer’s 2 more CEO’s:

The first is Jim Sinegal of CostCo (COST), who pays employees well andgives customers more high-end things they want while still innovating.Cramer said a TV return policy was being abused. Cramer thinks the badnews is behind, but he thinks the CEO is great and can be trusted.

Lawrence Montgomery of Kohl’s (KSS) is another CEO that can betrusted. He said the lack of belief in the CEO is making investorsmiss out on it. Cramer says you dont have to buy it now, because italways comes in too far sometimes and that is when you buy it. WallStreet analysts don’t understand it according to Cramer.

Cramer also said that he is back to thinking Wal-Mart (WMT) is an avoid.

Jon C. Ogg
March 28, 2007

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