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Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Oct.12
6:21 PM ET
Friday, 12 Oct 2007
Stop Trading!: Buy-Do.com
Posted By:Carlo Dellaverson
Topics:Stock Picks | Stock Market
Chinese search giant Baidu.com [BIDU
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] is going to $500, Cramer predicted on Friday’s Stop Trading!.
The analysts who have downgraded the stock have hated it “the whole time” and are “inconsequential to me,” Cramer said. The company is growing at an 80 percent clip and, while many Chinese companies are dangerous investments, Cramer stands behind BIDU as one of the few worth buying.
Cramer also recommended Annaly Capital [NLY
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], calling it “the best financial to own between now and the end of the year.”
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