Cramer Positive on IAC/Interactive and Sort of Positive on Wendy’s
In today’s STOP TRADING segment on CNBC, Jim Cramer discussed Wendy’s (WEN) originally. Cramer said it isn’t expensive, but it has had a run that hasn’t been digested yet. On trying to grow 3-4%, Cramer agreed it may be hard…
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In today’s STOP TRADING segment on CNBC, Jim Cramer discussed Wendy’s (WEN) originally. Cramer said it isn’t expensive, but it has had a run that hasn’t been digested yet. On trying to grow 3-4%, Cramer agreed it may be hard to grw more than that as the nex CEO of Wendy’s said. Cramer said to give her a chance and she’ll probably do a great a job as the new CEO. With 19% of the stock bought back, Cramer still thinks they’ll be public in a year.Cramer also said Peltz was a positive force behind heinz (HNZ).Cramer discussed IAC/Interactive (IACI). Cramer said maybe Diller is lazy, but the head guy running “Lebda” it is genius. Cramer said IACI can go to $40. He thinks they did great with Ask.com and other things like splitting off Expedia (EXPE).Express Scripts (ESRX) is a spot that Cramer thinks can run 10% because the street will have to play catch-up on it.In today’s STOP TRADING segment on CNBC, Jim Cramer discussed Wendy’s (WEN) originally. Cramer said it isn’t expensive, but it has had a run that hasn’t been digested yet. On trying to grow 3-4%, Cramer agreed it may be hard to grw more than that as the nex CEO of Wendy’s said. Cramer said to give her a chance and she’ll probably do a great a job as the new CEO. With 19% of the stock bought back, Cramer still thinks they’ll be public in a year.Cramer also said Peltz was a positive force behind heinz (HNZ).Cramer discussed IAC/Interactive (IACI). Cramer said maybe Diller is lazy, but the head guy running “Lebda” it is genius. Cramer said IACI can go to $40. He thinks they did great with Ask.com and other things like splitting off Expedia (EXPE).Express Scripts (ESRX) is a spot that Cramer thinks can run 10% because the street will have to play catch-up on it.Jon C. OggNovember 10, 2006
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