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Who Is The Worst CEO?Mad Money needed new inductees for its
Wall of Shame, so we asked viewers for
nominations.
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Superior Offshore [DEEP
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]: Oil services are hurting because North American drilling is “just awful,” Cramer said. DEEP is too domestically exposed.
Corning [GLW
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]: Cramer is in the House of Pain with Corning in his charitable trust. It has disappointed him and he admits he got it wrong.
Accuray [ARAY
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]: It’s not Intuitive Surgical [ISRG
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], which is better and still cheap, Cramer said, even if it doesn’t look it.
Oracle [ORCL
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]: “Money in the bank.” Cramer thinks Oracle goes to $25 and it isn’t too late to hop on board.
Compellent Tech [CML
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]: Not as good as VMware [VMW
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], which is the “real deal.” If you want a conservative way to play VMW, which Cramer thinks goes even higher, pick up some EMC [EMC
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].
Level 3 Communications [LVLT
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]: Until CEO Jim Crowe calls Cramer and tells him why the stock has been down, Cramer will not recommend it.
Martha Stewart Living Omnimedia [MSO
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]: Cramer said he cannot in good conscience recommend MSO. It is not working and he doesn’t see any upside.
Jim's charitable trust owns Corning and EMC.
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