Stop Trading!: Fed Will Cut Another 100 Basis Points
Web Editor, "Mad Money"
Forget the weak dollar, commodities prices or the jobs number, "it's crisis," Cramer said during Friday's Stop Trading!, "that's why the Fed cuts" rates. He expects another 100 basis points before the central bank is done.
Target is "done going down," according to Cramer, and the retailer "could make some strategic moves that really matter."
"Relatively cheap" is how Cramer would describe Google, which trades at about $707. He said valuing the stock is a multiple problem for a lot of analysts. What should an investor pay for a company that's growing at about 34%? Twice the multiple would put GOOG at $1,200.
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