Cramer's Lightning Round - Fortune Brands Is Overvalued (6/24/09) 5 comments
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Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Wednesday June 24.
Bullish Calls:
Allscripts (MDRX): "People think this is an Obama play and this one's a winner. "
Yum Brands (YUM): "Earnings are going to be great. I think it's a great long-term situation. I think it's cheap."
Bearish Calls:
Hexcel (HXL), Boeing (BA): "This is part of the family and therefore it's going to have delayed earnings since the Dreamliner isn't flying."
Fortune Brands (FO): "I think this one's three to four points overvalued. Their mix of businesses isn't working right now. All this bodes poorly for Fortune Brands."
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This article has 5 comments:
On Jun 25 11:12 AM PhilV wrote:
> My experience with Fortune has only been the best. I have owned it
> since it was American tobacco/American Brands and now Fortune Brands.
> That is a long long time. Started w/35 shares and reinvested dividends
> and splits. Now own over 700 shares. Jim Cramer can fault it, I can't.