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
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
