Educated Investor

On Speculation - Cramer's Mad Money (5/22/08)

Quote: When speculating on an industry, it is a good idea to pick one that has been unfairly "beaten up."

Note: At this time, E*Trade (ETFC) is a great place to put money. Price is still "beaten up" from last November and yet the "Turn Around Plan" for cash strength of $1 billion has been executed, and the brokerage metrics are beating competitors. A depressed price trending upward since April and primed for a big upward pop.