Thursday, April 9, 2015

Jim Cramer's 'Mad Money' Recap: Ignore the Chatter, Stick With Best-of-Breed Stocks

Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener. NEW YORK (TheStreet) -- Don't get caught up in the takeover speculation game, Jim Cramer warned his Mad Money viewers Thursday. Instead, invest in the best-of-breed stocks you can trust. The markets are clearly going gaga over corporate mergers, with stocks like Perrigo extending its gains to over 21% this week, while acquirer Mylan has seen its stock also rise over 20%. But that doesn't mean investors should be rolling the dice looking for the next possible deal. Must Read: 10 New Stocks Billionaire David Einhorn Loves When the market's fascination with mergers wanes, stocks like Transocean , which rallied today on takeover talk, will be the first to retreat and retreat hard, Cramer warned. Instead, Cramer advised sticking with quality names that are seeing their shares offer up attractive entry points. Retail giant Costco missed the quarter slightly, giving investors an attractive entry point. Shares of American Airlines , Rite-Aid and Alcoa were also winners in Cramer's book, as was Twitter , an Action Alerts PLUS holding. Must Read: 3 Offshore Drillers Ready to Be Plucked From the Storm This article is being updated. Please refresh for the latest version. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC. To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here.


Click to view a price quote on PRGO. Click to research the Drugs industry.





from Latest TSC Headlines http://ift.tt/1IxhQSP

No comments:

Post a Comment