Road Rules
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.
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Nov.15
7:32 PM ET
Sell Block: Dump Private Equity
Posted By:Tom Brennan
Topics:Private Equity | Stock Market | Stock Picks
Companies:Fortress Investment Group | The Blackstone Group
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Fortress [FIG
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] is down 51% from where the stock opened on the day of its IPO. Blackstone [BX
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] is down 37%. As smart as these guys might seem, Cramer can’t figure why anyone would want to own these stocks. Sell them both, he said. And if Cerberus ever comes public, steer clear of it.
Click for the rest of Thursday's show |
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