5-Hour Energy: A Success Equal Parts Caffeine, Chemistry and…
Suddenly, Amazon Doesn't Love Its Moms AnymoreOn tonight's MAD MONEY, Jim Cramer had some calls about value and buyouts
Cramer came back out noting that Investors Financial Trust (NASDAQ:IFIN) was acquired by State Street (NYSE:STT) for a 38% premium. Here is why he thinks DST Systems (NYSE:DST) could be bought at $98.00, which is 36% above today. DST traded up 2% in after-hours to $73.50 after Cramer touted it.
Cramer thinks that the real winner from the Fortress IPO that is coming out tomorrow is Sears Holdings (NASDAQ:SHLD). Here is why: You might think of it as the retail department store, but Cramer reminds us that this is a publicly traded investment vehicle that will now be more understood. He thinks this is the next Berkshire Hathaway (NYSE:BRK.A).
Jon Ogg is a partner in 24/7 Wall St., LLC; he does not hold securities in the companies he covers.
Cramer came back out noting that Investors Financial Trust (NASDAQ:IFIN) was acquired by State Street (NYSE:STT) for a 38% premium. Here is why he thinks DST Systems (NYSE:DST) could be bought at $98.00, which is 36% above today. DST traded up 2% in after-hours to $73.50 after Cramer touted it.
Cramer thinks that the real winner from the Fortress IPO that is coming out tomorrow is Sears Holdings (NASDAQ:SHLD). Here is why: You might think of it as the retail department store, but Cramer reminds us that this is a publicly traded investment vehicle that will now be more understood. He thinks this is the next Berkshire Hathaway (NYSE:BRK.A).
Jon Ogg is a partner in 24/7 Wall St., LLC; he does not hold securities in the companies he covers.
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
