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Friday, November 13, 2009

Cramer touts Fortune Brands


I'll take it.

Last week, 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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