<< Read Full Article

Jim Cramer's Stop Trading! Cool Crocs

Stock quotes in this article: CROX , UARM , DCX  

DaimlerChrysler (DCX Quote) isn't done rallying, Jim Cramer said Thursday on CNBC's "Stop Trading!" segment.

Cramer said Kirk Kerkorian's latest takeover offer, a $4.5 billion bid for the struggling Chrysler unit, features "one of the funniest letters I have ever seen" but is still a serious starting point for the auction. The move drove the stock up 4% in heavy trading Thursday.

"Jerry York is really smart," Cramer said, referring to Kerkorian's lieutenant who briefly joined GM's (GM Quote) board last year. Cramer said he expects DaimlerChrysler stock to hit $90 from a recent $84. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.29
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services