Mad Money Mailbag: Terex on a Tear
Editor's note: The following are questions received from viewers of "Mad Money," seen every day at 6 p.m. EST on CNBC.
You profiled Terex (TEX) - Get Terex Corporation Report a few months ago, when the stock was down in the low $50s. Should I take profits now that the shares are up around $70?-- Jerry from Florida
James J. Cramer:
I've never lost money by taking profits off the table. That said, I believe that the company has further upside from here. With that in mind, I would only unload half of my Terex position.
What do you think about Comcast (CMCSA) - Get Comcast Corporation Class A Report?-- Lee from Massachusetts
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James J. Cramer:
The cable business has proven over the past several quarters that it is just as commoditized as the telecom services industry. So even though I believe Comcast is the best cable operator out there, I'd continue to avoid the shares at current levels.
Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by
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