Jim Cramer's Stop Trading! Happy With Akamai
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Jim Cramer "thinks the world" of Akamai (AKAM Quote), he said Wednesday on CNBC's "Stop Trading!" segment.
Cramer said the streaming video play is a "favored nation tech stock" and one he'd be buying even as the rest of the market comes in ahead of earnings season. Cramer called quarterly profit report time, due to start in earnest Monday, "the hardest time to make money" and said investors should consider trimming positions that have gained in recent months ahead of the frenetic action.
Looking at his own charitable portfolio, Cramer said he's getting out of Johnson & Johnson (JNJ Quote) ahead of what he expects to be a lackluster quarter but holding onto Goldman Sachs (GS Quote), which he treasures for its P/E ratio of 8. ...
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