Media
Cramer Still Out on Citigroup and Wants Texas Instruments To Get Bad News Out of the Way
Published:
On today’s STOP TRADING segment on CNBC: Cramer said on Citigroup (C-NYSE) that Chuck Prince leaving would be worth $5 and a break-up worth $2 per share. Cramer said Prince leaving could convince him to buy the stock but that’s it. He wants a banker running it instead of a lawyer.
Texas Instruments (TXN) needs to go ahead and get the bad news out of the way and then we can get a brief rally in tech.
Cramer said Kimberly-Clark (KMB) will benefit from lower energy prices more than the street thinks since he said the forward guidance was based on above $70 oil prices.
Cummins (CMI) should be down more than it is after Eaton (ETN).
He didn’t make any comments on that 17,000 level he threw out in a video on TheStreet.com som that prior statement must have just been some very long-term conjecture.
Jon C. Ogg
January 22, 2007
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