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Monday, March 26, 2007

Jim Cramer's Stop Trading Mar. 23

Verizon (NYSE: VZ - News), Vonage (NYSE: VG - News): Cramer wanted to talk about "what a bunch of hucksters" the executives at Vonage are concerning the injunction in a patent case with Verizon which brought the stock down 23%. "Everyone thought that VG should be sitting down with Verizon and talking," commented Cramer who thought it was an outrage the VG did just the opposite; "Swap out of VG into anything!"
Clorox (NYSE: CLX - News), ConAgra Foods (NYSE: CAG - News), Union Pacific (NYSE: UNP - News), Norfolk Southern (NYSE: NSC - News), CSX Corp (NYSE: CSX - News): Noting that CLX and CAG have new management, Cramer added that they could be broken up as well as rail companies such as UNP "the largest land owner in America," NSC and CSX which also have hidden assetsą„¤ He adds that all of the rails are pro-shareholder.
Published by SeekingAlpha

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