Cramer's Lightning Round - Smack, Smack, Smack Black and Decker (1/30/09) [View article]
Actually Cramer first picked TNH when it was 80 months ago and now it's 125.
As for Black and Decker's dividend is a sure gonner. It's credit rating is flirting with being downgraded to BBB (one step away from junk). You know they're in trouble when the CEO says this quarter was "abysmal" and "our (bad) hedges virtually guarantee a loss for the next 3 quarters"...
Cramer's Lightning Round - Smack, Smack, Smack Black and Decker (1/30/09) [View article]
As for Black and Decker's dividend is a sure gonner. It's credit rating is flirting with being downgraded to BBB (one step away from junk). You know they're in trouble when the CEO says this quarter was "abysmal" and "our (bad) hedges virtually guarantee a loss for the next 3 quarters"...
fun times over at BDK.