<< Read Full Article

Jim Cramer's Stop Trading! Fall Out of the Gap

Stock quotes in this article: GD  

Red-hot takeover rumors mean it's time to "fall out of the Gap (GPS Quote)," Jim Cramer said Monday on CNBC's Stop Trading! segment.

Gap shares jumped 8% Monday afternoon on reports the company hired Goldman Sachs to find a buyer. But Cramer said the problem with the stock at these levels is that "the fundamentals are so bad" that no buyer is likely to pay a premium to Monday's prices.

"This is a challenged company," Cramer said. "Sell it right here." ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,344.84 1,095.63 2,144.60 32.01
Oil *
78.55
UP
34.92
UP
4.14
UP
6.16
DOWN
0.30
10 Yr
3.20%
SPDR Gold
115.65
+0.34%
+0.38%
+0.29%
-0.93%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services