Media
Cramer's 2nd Batch of Individual DJIA Component Targets
Published:
Last Updated:
Tonight on MAD MONEY Cramer, gave his targets for individual components. Last night he gave the first six price targets which you can see here.
Caterpillar (CAT) is still one that people don’t understand and is going higher. Cramer’s target is $90.00.
Citigroup (C) is the easiest because only Chuck Prince stands in the way of this being a $60.00 stock, or it could even go to $65.00.
Coca-Cola (KO) is under great leadership and Cramer has it going to $60.00 in 6-months.
DuPont (DD) isn’t just a chemical company, because they have biotech seed operations, and it may be a break on the DJIA progress but only a $55.00 target.
Exxon Mobil (XOM) is the oil that has to be owned by fund holders that is shrinking shares, and even though it is overvalued he thinks his original $80.00 target was too low as it has already been blown out.
General Electric (GE) is the 6th one in DJIA order, but Cramer has to take a pass on because he "works for GE."
As noted last night, breaking out all of these stocks individually may end up being outright dangerous. This price target can be made for an index, but trying to pick even 30 different moving parts is probably just dangerous.
Jon C. Ogg
May 22, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.