Cramer Reiterates Alcoa Won’t Be On Its Own

Posted: June 18, 2007 at 1:52 pm

On today’s STOP TRADING segment, Cramer said that the Bear Stearns call on FedEx (FDX) is a gutsy call ahead of the quarter.  On Wendy’s (WEN) Cramer said now is not the time to sell because things are bad and McDonald’s (MCD) is doing so much better; they even ran Baja Fresh into the ground at the time McDonalds made Chipotle (CMG) a huge success. 

As far as the Alcoa (AA) three-way on reports today with BHP Bilitton (BHP) and even on Alcan (AL), Cramer said he is reiterating that Alcoa will not be a public company on its own in the future.

Jon C. Ogg
June 18, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

Read more: Cramer, , , , , , ,