Jonbo298
join:2004-01-12
Council Bluffs, IA
1 edit | reply to needforspeed59
Re: Time for some service enhancements.
said by needforspeed59  :Ever increasing stock prices? I think you are being sarcastic, right? Q stock is on a downhill Nantucket sleigh ride! This reminds me of Mad Money's Cramer last year saying Qwest would be the first to $12 out of 3 stocks he had chosen to compare. I was still working at Qwest at that time so I just remember him saying it, and then watching Qwest landslide.
Jockeying for Position: Dynegy (DYN), Brocade Communications (BRCD), Qwest (Q)
Cramer suggested three "horse racing stocks" under $10 to keep investors interested. These are just temporary plays and should be sold when they reach $12. He notes DYN was "trashed" because of its former CEO Chuck Watson, but has been rescued by current CEO Bruce Williamson. He notes that DYN could be an attractive takeover target. "Brocade has momentum but is scary -- which is exciting," Cramer said about his second-favorite pick, which recently bought out its competitor and is in a position to raise prices. Cramer's favorite "horse" is Qwest which is around $9, but should be the first to reach the finish line at $12, because of its big federal contract.
»seekingalpha.com/article/32129-j···april-11
Qwest Communications(Q - Cramer's Take - Stockpickr): "Upward and upward some more ... 22 million shares traded today ... part of a major ramp. I'm sticking by Qwest. I'd even like to buy more." Qwest is sharing in a huge government contract, too.
Another comment from Cramer on a different episode  |
