Flash Us Jimmy
Jim Cramer is breaking one of his cardinal rules of investing. He is recommending a stock that isn’t best of breed. SanDisk (SNDK) is the best of breed for NAND flash memory, but if you want some risk and a chance to make even more money Cramer wants us in Lexar Media (LEXR). Cramer said Lexar has been a “piece of garbage.” But, because it is so bad, it has the most room to improve, and the market is giving it that chance, he said. Cramer believes if everything goes well for Lexar, the stock has the potential to go to $9.50 or $10.
A caller asked about Apple Computers (
AAPL), Cramer said AAPL isn’t cheap and if you have a large gain, “no one ever got hurt taking a profit.” Cramer still thinks AAPL will have a great Christmas.Leave a Response
