Jim Cramer's Stop Trading Dec. 18
Under Armour (NYSE: UA - News) and Coldwater Creek (NASDAQ: CWTR - News): Cramer thinks that these two companies have been unfairly attacked by the shorts and he predicts that they are going higher. These companies are considered too rich, but Cramer commented, "you don't short based on the multiple ... a multiple is a tell of where a stock is going." He believes that momentum buyers are going to get into the stocks. Cramer c0mpared Under Armour's CEO Kevin Plank to Mickey Drexler who was a master of product design at the Gap, and added that Coldwater Creek is a regional to national story. He would buy them when they dip.
Halliburton (NYSE: HAL - News) and Schlumberger (NYSE: SLB - News): Cramer notes that HAL has gotten beaten up yet again, this time with Goldman Sach's downgrade of SLB. "It's my nomination for the single most-hated stock in the universe," said Cramer, adding that this does not mean that it necessarily has some upside. He suggests waiting for HAL's inventory number on Wednesday and buying on Thursday.Labels: CWTR, HAL, Jim Cramer, Jim Cramer's Stop Trading, SLB, UA
posted by Stock Administrator @ 9:37 AM
Jim Cramer's Stop Trading Dec. 18
Under Armour (NYSE: UA - News) and Coldwater Creek (NASDAQ: CWTR - News): Cramer thinks that these two companies have been unfairly attacked by the shorts and he predicts that they are going higher. These companies are considered too rich, but Cramer commented, "you don't short based on the multiple ... a multiple is a tell of where a stock is going." He believes that momentum buyers are going to get into the stocks. Cramer c0mpared Under Armour's CEO Kevin Plank to Mickey Drexler who was a master of product design at the Gap, and added that Coldwater Creek is a regional to national story. He would buy them when they dip.
Halliburton (NYSE: HAL - News) and Schlumberger (NYSE: SLB - News): Cramer notes that HAL has gotten beaten up yet again, this time with Goldman Sach's downgrade of SLB. "It's my nomination for the single most-hated stock in the universe," said Cramer, adding that this does not mean that it necessarily has some upside. He suggests waiting for HAL's inventory number on Wednesday and buying on Thursday.
Halliburton (NYSE: HAL - News) and Schlumberger (NYSE: SLB - News): Cramer notes that HAL has gotten beaten up yet again, this time with Goldman Sach's downgrade of SLB. "It's my nomination for the single most-hated stock in the universe," said Cramer, adding that this does not mean that it necessarily has some upside. He suggests waiting for HAL's inventory number on Wednesday and buying on Thursday.
Labels: CWTR, HAL, Jim Cramer, Jim Cramer's Stop Trading, SLB, UA
posted by Stock Administrator @ 9:37 AM
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