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Jim Cramer hadn't gone positive on Research in Motion (RIMM) until June 21, 2006, previously citing patent problems as a reason to stay away. With his first positive outlook on RIMM, Cramer stated "When their 8700 model starts appearing in Verizon (VZ) stores, the stock should take off, and start getting good buzz. That's when you sell."
In mid-January, Cramer included RIMM in a warning to viewers to sell nearly all tech except for Cisco Systems (CSCO), Apple (AAPL), Microsoft (MSFT), Hewlett-Packard (HPQ), and Google (GOOG).
By April, he was back on the RIMM train as the stock began to push through the 140 level, as one of the new Four Horsemen of Tech along with Amazon.com (AMZN), Apple (AAPL), and Google (GOOG).
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1 comments:
Interesting stuff in your sidebar. I like the fact that you present evidence both for and against Cramer. As you know by now, I'm not a Cramer fan, but I like the fact that you link to both sides of the argument. Well done.
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