Jim Cramer's Latest Stock Picks
By Insider Monkey:
Jim Cramer is one of the top watched TV personalities on CNBC. He is the host of Mad Money and also the co-founder and chairman of TheStreet.com. Nearly two hundred fifty thousand people watch his show daily on TV and most of these are ordinary investors trying to understand what’s going on in the market. Jim Cramer’s bullish and bearish stock picks on his show is the starting point for many investments made by these folks.
During the July 18th show, Cramer discussed the following stocks.
Apple (AAPL) and IBM
(IBM): Apple and IBM reported spectacular earnings yesterday. Nevertheless Cramer doesn’t want to recommend any tech stocks during the seasonally weak summer months. Cramer said that during the past 10 years’ tech stocks (and semiconductor stocks) underperformed the rest of the market consistently in summer.
Cramer took a phone call on BIDU and he said this is theComplete Story »