This column was originally published on RealMoney on May 5 at 1:19 p.m. EDT. It's being republished as a bonus for TheStreet.com readers.
Some stocks would rather die than quit. Is there anything standing between the current prices and $100 for
I can't think of anything. Downgrades? Who would be nuts enough to downgrade these stocks?
Economic news? Seems too positive.
A sense of valuation? What do you want,
Now, as usual, just when you get that complacent, you should wait before you pull the trigger, or at least just buy a little. But after this
run, you have to wonder what could stop the leaping and bounding of these stocks.
BGL complex --
-- which now includes
. These stocks just love to go off to the races the moment the tape changes.
It's funny; they leave fewer crumbs for the rest of the stocks.
As usual, my course of action would be to buy some deep-in-the-money July calls, putting half on now, out of frustration, and then waiting for the pullback that probably will never come.
At the time of publication, Cramer had no positions in the stocks mentioned.
Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for
Action Alerts PLUS. Listen to Cramer's RealMoney Radio show on your computer; just click
here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click
here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click
here to get his second book, "You Got Screwed!" and click
here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by
TheStreet.com has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from TheStreet.com.