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RealMoney Radio Recap: Times-a-Wastin'

Stock quotes in this article: NYT , TRB , BUD , VZ , TIF , MHP , CHTR , LVLT , NVS , JNJ , SGP , RIO  

When investors look at a down market they are looking to buy stock, Jim Cramer said on his "RealMoney" radio show Wednesday.

Maurice "Hank" Greenberg is one investor in particular who's been buying a lot of New York Times (NYT Quote) stock.

Anyone who thinks they can pressure the company to do anything, including selling the Times is "out of their minds," Cramer said. The New York Times "is a classic journalistic institution," which has two classes of stock, he went on to say. While the A class is owned by you, the B class is owned by the company's management and family. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,464.40 1,110.63 2,176.05 32.79
Oil *
75.86
UP
30.69
UP
4.98
UP
6.87
DOWN
0.38
10 Yr
3.28%
SPDR Gold
116.62
+0.29%
+0.45%
+0.32%
-1.15%
Data delayed 20 minutes

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