On Jim Cramer’s STOP TRADING segment on CNBC, Jim wanted to talk which oil companies were better than others with oil nearing $100/barrel. The ExxonMobil (NYSE:XOM) quarter wasn’t all that bad and shares are actually back up now. CoreLabs (NYSE:CLB) is great domn $8 from highs.
On Caterpillar (NYSE:CAT), Cramer said they executed poorly while others executed on target. He thinks the company is not performing as it should. Deere (NYSE:DE) is more agricultural but is doing well.
On Under Armour (NYSE:UA), Cramer addressed the insider sales and said the insider sales were too aggressive and he’s sick of seeing the insiders do it. He agrees with the Morgan Stanley "underweight rating" now. He said that the insiders explained the situation and then sold stock. He said he feels like he got hosed, and now he has no confidence in it. Under Armour shares are down over 3.5% today at $49.50.
Join the 24/7 Wall St. open email distribution list for analysis of special situations such as split-ups, buyouts, reorganizations, and special news not posted on the public web site.
Jon C. Ogg
November 6, 2007
Are You Ahead, or Behind on Retirement?
If you’re one of the over 4 Million Americans set to retire this year, you may want to pay attention. Many people have worked their whole lives preparing to retire without ever knowing the answer to the most important question: am I ahead, or behind on my goals?
Don’t make the same mistake. It’s an easy question to answer. A quick conversation with a financial advisor can help you unpack your savings, spending, and goals for your money. With Zoe Financial’s free matching tool, you can connect with trusted financial advisors in minutes.
Why wait? Click here to get started today!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.