Jim Cramer Adds Starwood Hotels Stock to Action Alerts Plus

Jim Cramer, portfolio manager for Action Alerts Plus discusses recent position changes made to the portfolio. Jim says he took a new position in Starwood Hotels (HOT) and he expects the acting CEO to make changes at the company including possibly putting it up for sale, growing it aggressively, or spinning off some businesses. Jim sold shares of Lululemon (LULU) saying the company needs to show it can take on Nike (NKE) and Under Armour (UA). He also lightened his position in 21st Century Fox (FOXA), but he says its longer term story is positive. He added shares of EOG Resources (EOG), saying David Einhorn is wrong about the stock.