Publish date:

Jim Cramer Is Not Sold on GE Making a Deal With Baker Hughes

Jim Cramer says the timing could be wrong if GE decides to offload its oil service business and combine it with Baker Hughes.
Author:

Jim Cramer says the timing could be wrong if  General Electric (GE) - Get Report decides to offload its oil service business and combine it with Baker Hughes (BHI) . Cramer says, "If GE is really going to offload its oil service business here, if they are selling here just when Chevron (CVX) - Get Report is calling a bottom, when Baker Hughes is calling a bottom, when Halliburton (HAL) - Get Report is calling a bottom, when Schlumberger (SLB) - Get Report says the bottom is here -- you don't sell at the bottom. You don't buy high and sell low without being criticized."

TST Recommends