3 Bullish And 2 Bearish Calls From Jim Cramer
For the week of January 14, Jim Cramer mentioned 67 companies, 14 of which were rated negatively. These companies are worth taking a closer look. These companies are either in a reversal of fortunes, or were covered by news outlets more than average.
It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Jim Cramer and Stephanie Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE
Here's the scoop:
1. Dell Inc. (DELL): Provides integrated technology solutions in the information technology (IT) industry worldwide. Market cap at $22.31B, most recent closing price at $12.84.
Dell was a bearish call. Dell may be privatized through a private equity (“PE”) firm or LBO (leveraged buyout). The company has an estimated $6.49 in cash per share and pays a dividend of 2.49%. The problem with Dell’s cash is that most of it is held overseas. Bringing the money back to America could result in taxes. Over its life as a public company, Dell spent more money on share repurchases than it earned.
The current risk for buying Dell at this time is that no deal will materialize, or that the buyout price is at close to the current price of the shares.
Analyze These Ideas: Access a performance overview for all stocks in the list with Kapitall's research tools. Create and share a practice portfolio to test your investing ideas.