Cramer Reiterates Alcoa Won’t Be On Its Own
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…
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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 [email protected]; he does not own securities in the companies he covers.
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