|Day Low/High||8.13 / 8.82|
|52 Wk Low/High||7.92 / 26.67|
Cramer says Prothena is a winner, Cigna can go higher but Chesapeake Energy is not a favorite.
Once things settle down, start picking through the rubble for the stocks that went lower but shouldn't have, Cramer says.
Shares of Carizzo Oil & Gas (CRZO) are falling after analysts at Goldman Sachs initiated coverage of the company with a 'neutral' rating and a price target of $56.
With oil near $60, some say yes. But what about supply overhang?
Carrizo's market cap is just $2.67 billion, only slightly larger than Rosetta Resource's, which was bought by Noble Energy. This means Carrizo is an inexpensive acquisition target.
CRZO's chart is bullish, and the company has some attractive fundamentals.
The time to buy was when the smartest man in oil, Rich Kinder, laid down $3 billion to buy the most prime asset available. That time is now over.
If the markets won't reward Apple for posting one of the best quarters in corporate history, then the rest of the markets are in trouble, Cramer says.
Stocks with insider trader activity include CRZO, MYCC and FRM
Something's changed and changed for the better.
Supply is the true enemy of the bull and there's a lot of new supply hitting the markets, Cramer says.
The Federal Reserve is smarter than you think, Cramer says.
Jim Cramer prefers rallies based on financials or transports. But this time, while the financials are huge and the transports are confirming, it's a rally based on tech.
Carrizo Oil & Gas (CRZO) is falling Tuesday after announcing the pricing for the 4.5 million shares of common stock in its public offering.
Sign up to get started or log in to see your watchlist.
Enter a symbol above to add it to your watchlist.
A confirmation email has been sent to the address provided during registration. Please click on the appropriate link to confirm your email address.