Jim Cramer's Stop Trading April 18th
Seagate (NYSE: STX):Far from thinking Seagate has bottomed, Cramer said the disk drive company still "has lower written all over it" and would stay away from the entire group in spite of low prices.
J.C. Penney (NYSE: JCP ), Polo Ralph Lauren (NYSE: RL) , Kohl's (NYSE: KSS), United Technologies (NYSE: UTX): Cramer declares JCP a "multiyear story" because of Sephora cosmetics and the private label deal with RL, and would give the retailer the benefit of the doubt in spite of its lackluster quarter. Cramer comments JCP and KSS are stores which make customers feel "they're richer than they are." He predicts JCP will be up to $85 from $81.50. He added UTX has the earnings power to go to $70 from $66.
J.C. Penney (NYSE: JCP ), Polo Ralph Lauren (NYSE: RL) , Kohl's (NYSE: KSS), United Technologies (NYSE: UTX): Cramer declares JCP a "multiyear story" because of Sephora cosmetics and the private label deal with RL, and would give the retailer the benefit of the doubt in spite of its lackluster quarter. Cramer comments JCP and KSS are stores which make customers feel "they're richer than they are." He predicts JCP will be up to $85 from $81.50. He added UTX has the earnings power to go to $70 from $66.
Labels: JCP, Jim Cramer, Jim Cramer's Stop Trading, KSS, RL, STX, UTX
posted by Stock Administrator @ 12:09 PM
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