On today’s STOP Trading segment on CNBC, Jim Cramer said he questions the call that retail is tied to weaker General Motors (GM) sales comments that hurt the market today. He wants to see weak retail numbers out of retail that he hasn’t seen before tying GM to that.
On Barclays (BCS), Cramer said the takeaway could ptentially be a higher price. Cramer noted Sun Trust (STI), Fifth Third (FITB), and Comerica (CMA) all potential deals. He also noted that Bank of America (BAC) is addicted to buying other banks for sale.
On MedImmune, Cramer thinks that the overpayment by AstraZeneca means a potential higher valuation for Cephalon (CEPH) and Celgene (CELG).
Cramer also rushed in a "I Like Coal too," and Arch Coal (ACI) was his name.
Jon C. Ogg
April 23, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.