Cramer Quick Take: Don't Gamble on Gamers
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NEW YORK (TheStreet) -- When it comes to the gaming stocks, Jim Cramer told Debra Borchardt at TheStreet.com that he's taking his chips off the table.
Cramer said he's skeptical of investing in gaming stocks at a time when the Chinese economy remains weak and business in Las Vegas seems to be hit or miss. He that there are plenty of other international companies that are doing well and are worth investing in, so why would investors choose gaming stocks?
Cramer said he's not playing the hedge fund game of sweating the numbers on a month-to-month basis, he'd use the strength in the gaming stocks to do some selling.Watch the full Cramer interview here. --Written by Scott Rutt in Washington, D.C. To contact the writer of this article, click here: Scott Rutt. Follow @ScottRutt To submit a news tip, send an email to: email@example.com.
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