I gave Jim fair warning, but you know Harvard guys ("you can tell a Harvard guy, but you can't tell him much").
Have a look at his uproariously-named 'Obama proof' Monday picks, Baxter (BAX) and Beckton-Dickenson (BDX).
Baxter is tanking today, in an up market. There will be a recall of one of its products ...
And, of course, none of these 'defensive stocks' is participating in the full upswing underway this week.
His "explanation", when caught having recommended Bear, Stearns, on The Today Show was a bit incongruous. Well into the downturn, he told everyone to sell everything, that's true. Yet, he continues to recommend stocks to buy!
Wednesday, March 11, 2009
Uh-oh, Cramer lays another egg, this week
