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Jim Cramer Is Bearish On LVS, SAY, CZZ, XTEX
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Posted on 11/21/09 at 10:25am by Craig Jones
CNBC's Mad Money Jim Cramer is bearish on Las Vegas Sands (NYSE: LVS) and prefers Wynn Resorts (NYSE: WYNN)instead. Las Vegas Sands (LVS) dropped 3.54% on Friday and WYNN lost 0.41%.
Cramer also recommended investors to stay away from Satyam Computer Services Limited(ADR) (NYSE: SAY)as he still didn't forgive them the accounting fiasco. Satyam (SAY) gained 2.81% in the last day of the week.
Cosan (NYSE: CZZ) is to speculative in Cramer's opinion and he believes there are much better stocks than this one. CZZ lost 0.64% in Friday's trading session.
Cramer thinks that Crosstex Energy (NASDAQ: XTEX) might be a cheap stock, but he would sell. He prefers Enterprise Products Partners (NYSE: EPD) or Kinder Morgan Energy Partners (NYSE: KPM). XTEX dropped 1.23% and EPD gained 0.07% on Friday. KPM lost 0.41%.
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Well that's because Jim
by Anonymous on 11/23/09 10:29am
Well that's because Jim Crammer is only interested in Jim Crammer making money- the same way he was so hot on sprint a few weeks ago- he get all bullish on it and espouses all the reasons to buy (like a poss b uyout by a German telcom) which turns out to be untrue- and probably made up by Jim Crammer himself. So the stock tanked and has stayed that way. I wouldn't trust him to sell hot dogs.
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