I Kinda Like It When Cramer Hates A Company

Posted: September 2, 2007 in Technology and Business
If I’ve said this once I’ve said it 100 times:  Love or hate Jim Cramer, he is a force.
 
Certainly, it’s always great to see stocks in your portfolio on Jim’s (or any analyst’s) bullish list.
 
However, after years of observing Cramer, here’s something I’ve learned:  Cramer getting fanatically bearish on a stock is usual a signal that it’s bottomed.
 
Happened with Cisco and Intel.  He didn’t like them for a long time… but it was when he absolutely hated them is when they started their move north.  (Now he loves them to pieces.)
 
Cramer has disliked YHOO for a long time.  But he’s blasting them more & more:
 
     Next up? [To move upward]  Google, which, by the way, is going to get still one more leg up from the sinking ship that is Yahoo!.
 
Weird but there is something comforting in Cramer finally hating YHOO.
Advertisements

Comments are closed.