Jim Cramer Advises His Viewers On Starbucks, Manitowoc And Skechers

Loading...
Loading...

Jim Cramer spoke on CNBC's "Mad Money" about Starbucks Corporation SBUX. His charitable trust fund owns it. When the stock was trading at $64, Cramer advised his viewers to sell it. He also recommended it as a buy, when it dropped to $53. The company is going to enter the Chinese market and it has a problem with domestic same stores sales in the United States.

Manitowoc Company Inc MTW is fine, thinks Cramer. He added the company won't accomplish anything with its reverse stock split, so it shouldn't do it.

Cramer thinks Skechers USA Inc SKX is a good long-term story, but it's under pressure because of Amazon.com, Inc. AMZN.

Posted In: CNBCJim CramerMediaMad Money
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...