Jim Cramer's Stop Trading! 10/22/07: Rio's for Real 6 comments
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Recap of Jim Cramer’s comments on Stop Trading! Monday October 22. Click on a stock ticker for more analysis:
Chevron (CVX): Cramer said the recent rally was only a “dead cat bounce” for the financials and would sell stock in that sector and buy oil stocks, such as Chevron and minerals.
Rio Tinto (RTP) and BHP Billiton (BHP), CVRD (RIO), Freeport McMoRan (FCX): Cramer was critical of Citigroup’s downgrade of RTP and BHP. He expressed his bullishness on both stocks and included RIO and FCX which he says is not a falling knife but a stopping knife.
KHD Humboldt (KHD) and AECom (ACM): Cramer notes ACM is down and says it is a buy. He also likes KHD.
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This article has 6 comments:
What is his track record in Action Owner's Trust ?
Bet he did not put his # 1 pick LVLT in trust !