Bald Is Beautiful on Wall Street: Part 2
If Exxon Mobile's most recent quarter was "hairy," then Intuitive Surgical's report was anything but.
On Monday's Mad Money, Cramer explained how Wall Street refers to less-than-perfect earnings as those "with hair on them." Take Exxon Mobile , for example. The oil bellwether posted a huge beat, but it was fueled by unsustainable one-time gains.
Wall Street gushed with praise: "Another Da Vinci Masterpiece," Deutsche Bank said. "4Q results were impressive; Hard to argue with stellar results," said Jeffries. The accolades were in sharp contrast to traders' response to Exxon: Shares dropped 45 cents Friday on the report.
"It's all about the hair, or lack thereof," Cramer said. "ISRG's baldness is beautiful, and I say buy, buy, buy."
Questions for Cramer? firstname.lastname@example.org
Questions, comments, suggestions for the Mad Money website? email@example.com