Jim Cramer's Stop Trading! Stock Picks and Comments, March 26
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Tyco (TYC): Cramer called CEO Dennis Kozlowski a "systematic looter of the company" and said TYC kept dumping shares in the market because the company seemed healthy, when if fact the financials were "bogus." He added, "Anybody who owned this stock, during this period, got completely ripped off."
Freeport-McMoran (FCX): Cramer calls FCX a "fabulous trade, and it ain't done yet!" He says the numbers are too low and sees the stock reaching $100.
Ann Taylor Stores (ANN), Tiffany (TIF): Since ANN has had a couple of good weeks, a lot of the good news has been taken out of the stock, and Cramer would wait for it to drop a few points before buying. He says its not an in-the-bag situation like Tiffany.
Movado (MOV), Ralph Lauren (RL), Dow Chemical (DOW): Cramer thinks this stock is cheap and 14 x earnings with "unbelievable brands." He notes that it reports Thursday and will be the next Tiffany (then added he likes it more than TIF). Cramer sees MOV moving to $40. Concerning RL, Cramer thinks it will go to $100, and says DOW is "acting like something happens any minute now... DOW - look out!"
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