Wall Street Manna
An irreverent look at Wall Street
Friday, November 13, 2009
Cramer touts Fortune Brands
I'll take it.
I touted Fortune Brands
and I put out a piece from Wall Street research from BAC/Merrill that panned the idea. (I'm trying to be fair and balanced--Just like Fox!)
They said that at $38.72, it was still too early to buy.
I thought otherwise, and said it was a buy--especially with the M&A action getting spread around.
Today, Cramer pimped it on CNBC. I'll take it.
After all, how right could BAC/Merrill be, when they are considering Jon Corzine as their new CEO?
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