"is a loser and is getting killed by
," Jim Cramer told a caller on his
"RealMoney" radio show Wednesday.
He recommended getting rid of it.
Cramer told his next caller that even after all that is happening with
Patricia Dunn concerning a leak probe, "it means nothing."
"All it did was slow down the stock on its way to going to $40, which is where it is going," he said. The stock was recently trading at $36.31.
Cramer called Hewlett-Packard "a terrific situation" and Dunn's investigation a "side show." He told the caller to focus on the company's earnings.
Longs Drug Stores
doesn't get much sponsorship, Cramer said it is "a terrific situation."
He said he would be a buyer of it as he likes drugstore stocks.
When a listener inquired about
, Cramer said he was surprised at Goldman Sachs' recent downgrade on the stock.
Black & Decker
running, he believes "the downgrade is going to be a mistake."
Responding to another caller, Cramer said he doesn't see anything good happening at
On the other hand, he called
"an absolute buy" and predicted it will go to $40. It was recently at $33.33.
He told the caller if he was going to invest in companies like General Motors and
, he should read the
Detroit Free Press
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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
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