GO
Loading...

Stop Trading!

Tyco isn’t worth owning ahead of a three-way split of the company, Cramer said on Stop Trading!.

He thinks former CEO Dennis Kozlowski, serving time for looting Tyco, “put together a crummy company” and didn’t leave much to Edward Breen, who was interviewed today by Erin Burnett. Cramer said Tyco is a pastiche of second-rate companies and he would be more interested in the alarms business – which is the only part of Tyco that’s first class – than either Covidien, the healthcare business, or Tyco Electronics, which will both be spun off later this month.

After news broke that Yahoo! shareholders voted to approve the company’s board 2-1, Cramer repeated his call that shares of Yahoo! would gain a quick five points if CEO Terry Semel resigned.

GE is the parent company of CNBC.

Questions? Comments? madmoney@cnbc.com

Contact Mad Money

  • Showtimes

    U.S.
    Monday - Friday 6p ET
    Australia
    Saturday 8a, 1p, 7p SYD
    Sunday 12a, 1a, 8a, 7p SYD
    New Zealand
    Saturday 10a, 3p, 9p NZ
    Sunday 2a, 3a, 10a, 9p NZ
  • Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

Mad Money Features

  • Grab the latest CNBC gear from the NBCUniversal Store!

  • Get a behind-the-scenes look at how Cramer formulates his investment advice. "Inside the Madness" is a column, which features e-mails and more with Cramer and his researcher Nicole Urken.

  • You’ve always wanted to hit the “Hallelujah!” button. Here’s your chance.

Mad Money Moments

Cramer's New Book