Cramer is Bullish on HCBK, D, ED
By BenzingaStaff3
November 12, 2009 7:54 AM
November 12, 2009 7:54 AM
Cramer is Bullish on HCBK, D, ED
CNBC’s Mad Money Jim Cramer has a buy call on Hudson City Bancorp, Inc. (NASDAQ: HCBK) because he feels that HCBK is strong and will not be affected by the short-term momentum that other firms will bear. Hudson City Bancorp, Inc. (NASDAQ: HCBK) yesterday closed at $13.46. So far this year HCBK declined by over 15.66%.
Cramer also likes Dominion Resources, Inc. (NYSE: D) and advises investors to go with Dominion. So far this year is up over only 2%.
Consolidated Edison, Inc. (NYSE: ED) is a buy call made by Cramer and ED has made a 52 week high yesterday at $42.60.
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