THE HORSES
At around 9:35 AM, Cramer declared the new 4 technology horseman to be AAPL AMZN GOOG and RIMM and declared them to be the new go to stocks of the NAZ. Well I just hope Jimmy realized that they haven't exactly been laggards or unknown.
AAPL -126 Market Cap - 110B
AMZN -73.5 Market Cap - 29B
GOOG -524 Market Cap - 160B
RIMM- 167 Market Cap - 30B
Hopefully, he doesn't think these are undiscovered gems and I will monitor them weekly and compare them against the XLK and QQQQ. Year to date, AAPL is +48%; AMZN +86%; GOOG +14% and RIMM+30%, hardly a buy low sell high methodology.
Jimmy's favorite growth stock for 2007, NYX - down about 17% on the year as it started at $97.2 and now trades near $80. His spec stock of the year, LVLT also down on the year (1%) while his favorite value stock, MO, is up 6.5%. Not a great record for such a well respected guru.
1 Comments:
where is the cavalry?
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