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Who Is The Worst CEO?Mad Money needed new inductees for its
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]: Cramer thinks there’s too much hype. It’s been too high and he would sell it. Geron [GERN
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]: Stem cell speculation is not for Cramer, and Geron is up too high anyway. If you want biotech, he’s sending you to either Gilead [GILD
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] or Celgene [CELG
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].
Patterson-UTI Energy [PTEN
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]: Cramer hasn’t historically liked this but with natural gas making a comeback, he’s endorsing it now. He thinks it even has room to catch up to Halliburton [HAL
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].
Saks [SKS
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]: Let it come in, Cramer says, and don’t worry about the gross margins.
Schering-Plough [SGP
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]: Cramer got it wrong by selling SGP from his charitable trust. Looking back, he should have taken half off and let the rest run, he says. “This stock is a double but it’s still going higher.”
BP [BP
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]: There’s a lot of political chatter out there about BP but Cramer thinks its mostly nonsense. BP has a 3+ yield, some good properties and the possibility of restructuring. “I say you pull the trigger right here!”
Tellabs [TLAB
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]: This was one of the worst quarters Cramer has heard. He thinks someone has to buy this company, he just doesn’t know who it would be. That said, if you want networking equipment, why not just go with best of breed? Stick with Cisco [CSCO
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], he says.
RadioShack [RSH
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]: Everyone’s calling for this stock to top, but not Cramer. He gave CEO Julian Day the benefit of the doubt, and he recommends staying long RadioShack.
Marvell Technology [MRVL
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]: The company had accounting regularities when Cramer bought it for his charitable trust. He admits that he blew it with MRVL. “Don’t buy.”
Jim's charitable trust owns Halliburton and Sears Holdings.
Questions? Comments?
Data is a real-time snapshot *Data is delayed at least 15 minutes