Cramer’s Mad Mail: Apple Inc. (NASDAQ:AAPL) Over RIMM
Cramer told a viewer to sell Fortinet Inc. (NASDAQ:FTNT) because the profits have been made. He told a second viewer that he’s still a buyer of Intel Corp. (NASDAQ:INTC), and he thinks the Bank Of America Corp. (NYSE:BAC) downgraded was wrong. Cramer said he likes Intel for their recent dividend raise and because they settled their problems with Advanced Micro Devices Inc. (NASDAQ:AMD). Cramer told a final viewer that he likes Apple Inc. (NASDAQ:AAPL) more than Blackberry maker Research In Motion Limited (NASDAQ:RIMM). He said RIMM is selling at 14 times earnings, which is too cheap, but it needs a catalyst to push the stock higher. Cramer advised the viewer to buy some Apple down $5 because its the better play. Join the fastest growing community of small cap investors at Stockhideout.com
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I have a great deal of trouble taking your advise for any stock. I used to listen to you quite regularly until you reported a few months ago that Google was done and that people should sell as there were to be no more profits. At that time, Google was selling at $360/share. Glad I held onto mine.
John Stewart was so correct in implying that you should really take these economic times seriously and watch your facts.