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) 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.
Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by
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