Cramer’s Lightning Round – Stocks Are Going Down (8/26/10)
Miriam Metzinger submits:
Stocks discussed on the lightning round session of Jim Cramer’s Mad Money TV Program, Thursday August 26.
Bullish Calls:
Apple (AAPL): "Alright, let’s go… Apple’s got my $300 price target. Here’s the problem with Apple… In the end, Apple is still a stock, and all stocks are going down. There’s a September 1st product introduction. No one seemed to care today. Everyone cared about it yesterday. Let Apple come down. I suggested a deep-in-the-money call strategy … that I think will work perfectly for Apple, right now. Because it’s a stock, even though I like it, it’s going down."
