The folloing are companies that lost track of what they were doing. The priorities were not in line. They had lost "vision" and now seem to have found it, I hope. You can not always just go for the money, you have to have long range views (some call it gut feeling). This is what great CEO have and they are in high demand. So these companies (C, WFC, USB, BBT, F, GM ยป ) fall in that category and become the recommended stocks, btw Sears should also be in that.
To Salorman, I may say that Sears is big and cumbersome. When the market (the economy gets slapped with $140 per barrel oil prices) gets scarred, stores like Sears who sell quality at a higher cost, they will be affected much more than a low price store with lower quality. I worked there as a consultant and can say that they were fair to the employees and as custumer, I have always been properly treaded.
Citibank - On Guard! - Cramer's Stop Trading! (9/12/08) [View article]
Citibank - On Guard! - Cramer's Stop Trading! (9/12/08) [View article]