Tuesday and yesterday, 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; the top responders get ranked in our "Top Analysts" section.
Here are a few of the questions to which Cramer recently responded:
- Nokia (NOK) - Get Report is set to go higher, could this be a $40-$80 stock?
- I bought some Citigroup (C) - Get Report last week thinking that Chuck Prince would get fired. I think the financials might get a bounce when/if the Fed cuts at the end of the month. Would you sell?
- On Monday's Stop Trading! segment you indicated there were no financials you would wantto own.
Does that includeGoldman Sachs (GS) - Get Report?
- You once you gave us a game plan for if Iran went awry. This is the plan Ihave in my notes:
25% Abbot Laboratories
25% Kinder Morgan Energy
25% Yumana Gold
Do you think "Iran Awry" is a probability? If so, what game plan would you take in light of the subprime-mortgage mess?
- I watched your video on trading options in this market, and used the tactics in a trade and madesome mad money. Here's how it went ... Though I am still bullish on Google (GOOG) - Get Report specifically, I am bearish on the market short term.
Should I hold those long calls through expiration, or take the profit while it's there?
- Mutual Fund Investing vs. Stock-Picking:If I am managing $40 million, hypothetically, as a financial advisor how wouldpicking my own stocks benefit me? The mutual fund argument is: Why would Isacrifice hours upon hours of stock-picking, when I can have a manager do it for me.
What is the most sound argument for stock-picking?
- On either a recent "Mad Money" show or a video for TheStreet.com TV, you madereference to a South Philly steak shop, but I didn't catch it.
Could it have been Pat's, Geno's or Jim's (Center City)?
For an archive of Jim Cramer's Stockpickr answers, go to www.stockpickr.com/answers/ and type "Jim Cramer" under "search for questions." Select "Username - Answered" from the dropdown menu at right, and click "search." The most recent questions will appear first.
(Editor's note: Cramer owns Citigroup and Goldman Sachs for his Action Alerts PLUS charitable trust.)
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