RealMoney Radio Mailbag: Pile on the Plough
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.
Jim, do you still like Schering-Plough (SGP) ?-- Mike from New York
James J. Cramer:
I believe that Schering-Plough, which I own for my
Action Alerts PLUS Charitable Trust, is a good bet. CEO Fred Hassan is doing a great job of turning the company around, and the pipeline of new drugs is very solid.
Is Allegheny Technologies (ATI) - Get Report a buy here?-- Duncan from Iowa
James J. Cramer:
I believe Allegheny is smart for expanding its titanium production, but this stock needs to take a breather as it is already up over 40% this year.
If it comes down closer to $40, I could get interested again, but I'd much rather take profits than buy at these levels.
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