Stockpickr Answers

Wednesday and late Tuesday, Jim Cramer responded to a new batch of questions posed by members of the Stockpickr community. Anybody can ask, respond or comment at Stockpickr Answers and the top responders get ranked in our "Top Analysts" section.

Here are a few of the questions Jim responded to:

  • I read what you said about how high multiple stocks react to increases (or fears of increases) in interest rates. I was unclear, however, whether you were advising Celgene (CELG) - Get Report owners to sell in this environment or not. Could you please clarify?
  • In Credit Suisse v. Billing, the U.S. Supreme Court failed to find any antitrust violation against the investment banks regarding their alleged collusion involving the tech IPOs of the late 1990s and 2000. What I took away from the case is to exercise even more caution when contemplating the purchase of stock in an IPO, since any possible suit based upon an anti-trust violation theory against the investment banks seems to have been effectively nullified by the high court. I am interested on your take.

To watch Janet Alvarez's video take of this column, click here


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