Four Stocks to Avoid This Week
09/15/08 - 11:21 AM EDT
Updated from 7:02 a.m. EDT
Although we all need a game plan each and every day we enter the market, it is especially important during the fall when volatility spikes. And despite the market sitting near a 52-week low, there are still tons of companies that are extremely overvalued and need to be avoided. Take, for example, Titan Machines(TITN Quote - Cramer on TITN - Stock Picks). Titan is an agriculture equipment retail seller that trades with a forward P/E of 23, EV/EBITDA of 18 and price/book of 3.8, which certainly stretches the scale in terms of valuation for this company. We all know that anything related to the agriculture/commodity space has been a complete mess these last two or three weeks, and with earnings ahead, we expect Titan to be no different. For more stocks to avoid this week, including Deere(DE Quote - Cramer on DE - Stock Picks), Lehman Brothers(LEH Quote - Cramer on LEH - Stock Picks) and Sears Holding(SHLD Quote - Cramer on SHLD - Stock Picks) please click here.


