Cramer's Mad Money - CBS Is Speculative (3/20/09)

Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Friday March 20.

Bullish Calls:

Taiwan Semiconductor (TSM), Xilinx (XLNX)

Hershey Foods (HSY): "I like Hershey right here."

CBS Corp (CBS): "Down here at $4, I can't tell you to stay away from it, but it is speculative at this point."

Bearish Calls:

TCF Financial (TCB): "This is one of my favorite financials but I have to say don't buy. You can't trust any book value anymore."

Seagate Technology (STX): "Seagate has never been a friend of mine."

Dr Pepper Snapple (DPS): "I'd rather do Coca-Cola."

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Comments

[Chaim Kimel...:]

Today, Monday, March 23, everybody is happy:
Trillion plan, markets rising!!!!!!!!!!!
BUT unfortunately the charts of market indices and their indicators are telling a completely different story.
Support lines are being discarded, Breakouts are mostly downwards, and the overall trend is BEARISH to put it mildly...
Investors should now have patience in their spirits and cash in their portfolios. The worst is still to come........

Mar 23 04:10 PM

[User 307574:]

The prediction is that the United States economy will do very well this year (08-08-09). Thank God.

Mar 23 06:00 PM