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 are a starting point for many investments made by these folks.
During the August 11th show, Cramer discussed the following stocks. Cisco Systems (CSCO): Cramer said Cisco had great earnings after a year of bad ones. Bill Miller at Legg Mason Capital Management increased an already significant position in the stock. (See more of Miller’s holdings here). AOL (AOL): A viewer mentioned that he bought AOL when it dropped, knowing that it would eventually rebound. Cramer applauded the move, as well as AOL’s CEO. However,Complete Story »