On tonight’s Sell Block on CNBC’s MAD MONEY, Jim Cramer reviewed many of his picks you need to sell:
He said the CEO of Syntax-Brillian (BRLC) is one he doesn’t trust and he’s against the stock right now. If you read my own commentary regularly then this may sound familiar after I said they can’t be trusted.
HealthSouth (HLS) is one where Cramer is no longer on the fence and you have to sell it. The debt credit spreads are bad.
Because of the potential backlash on drug stocks, he wants to take the 16% gain on Novo Nordisk (NVO).
He wants to stick with McDermott (MDR) at $75, Foster Wheeler (FWLT) sell at $100, Fluor (FLR) at $115.
Dynegy (DYN) is being run well and he doesn’t think it needs to go down.
Cisco Sytems (CSCO) is one he liked repeatedly and he thought it would go up and it didn’t; But Cramer said he is not going negative and he is saying to not sell it. He would be a buyer if you haven’t bought. As a reminder this was Cramer’s #3 Top Growth Pick for 2007.
Jon C. Ogg
May 10, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
