RealMoney Radio Mailbag: Peace of Mind With Prudential
Editor's note: The following are questions received from listeners of "RealMoney Radio." To send Cramer a question about topics from his radio show, click here. Listen to Cramer's latest radio show by clicking here.
Is it time to get out of Prudential (PRU) - Get Report?-- Jason from New York
James J. Cramer:
I believe that Prudential is an excellent stock for the long-term and it is one of my favorite names in the insurance space. At about 14 times forward earnings, Prudential also looks like a good buy to me.
Is it too late to get into Broadcom (BRCM) ?-- Rebecca from Florida
James J. Cramer:
I would wait for a pullback before getting into Broadcom because the stock has had an absolutely monstrous run. I believe it will take some time for the market to digest the gains.
The company is in the sweet spot of a number of great product cycles including Bluetooth and wireless networking, but I believe there will be a better time to get into the stock in the next few months.
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