Jim Cramer's Mad Money Lightning Round, 3/28/08: Procter Is No Gamble [View article]
Genic brands are good, but when the consumer can buy a paper towel with the strength of bounty and the softness of charmin bath tissue for a few cents more this seems to me to like a good buy. If you want a sub par brand and later whine about not buying p&g brands so be it.
Thank You ps. I have p&g
On Mar 31 08:48 AM NormanLepoff, M.D. wrote:
> When P&G was $10.00/share lower, Cramer hated it. Now he loves it. > Ofcourse P&G is a great company, but a good stock picker will tell > his people to buy low and sell high. Cramer tells people to buy high > and then forgets what he told them when the stock goes down. > > I think P&G may be in trouble with the high cost of oil causing margins > to be squeezed. Also, why buy P&G brands when the generic versions > are the same and cost the consumer much less? In a recession, every > penny counts. I would buy P&G on any pull back to the low 60's and > avoid Cramer like the plague.
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Latest | Highest ratedJim Cramer's Mad Money Lightning Round, 3/28/08: Procter Is No Gamble [View article]
Thank You
ps. I have p&g
On Mar 31 08:48 AM NormanLepoff, M.D. wrote:
> When P&G was $10.00/share lower, Cramer hated it. Now he loves it.
> Ofcourse P&G is a great company, but a good stock picker will tell
> his people to buy low and sell high. Cramer tells people to buy high
> and then forgets what he told them when the stock goes down.
>
> I think P&G may be in trouble with the high cost of oil causing margins
> to be squeezed. Also, why buy P&G brands when the generic versions
> are the same and cost the consumer much less? In a recession, every
> penny counts. I would buy P&G on any pull back to the low 60's and
> avoid Cramer like the plague.