Mad Money Mailbag: Still No Time to Own Airlines
Editor's Note: The following are questions received from viewers of "Mad Money," seen every day at 6 p.m. EDT on CNBC.
Jim, is buying Delta (DAL) - Get Report worth the risk right now?-- Kelly from Alabama
James J. Cramer:
Right now, I don't believe Delta is worth the risk. By buying the stock, you are making a very bold bet that oil prices will come down and that the unions will play ball, and that is a very dangerous game. I stick by my rule that at no point should airlines be owned.
Is eBay (EBAY) - Get Report still any good?-- Jim from Pennsylvania
James J. Cramer:
While I like
(GOOG) - Get Report
and
Yahoo!
(YHOO)
(which I own for my charitable trust,
ActionAlertsPLUS) better, eBay is a very solid growth name with a fantastic management team. The stock isn't very cheap, trading at 38 times next year's earnings, but the company is growing earnings at a rate of 25%-plus annually and has a fabulous business model.
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