Jim Cramer Bullish on Some Stock Picks
CNBC’s Mad Money show host Jim Cramer promoted a number of stocks on December 14, with Citigroup (NYSE: C) being his hot favorite. C opens its gigantic $17 billion equity offer this week. The company is raising capital through stock issuance to repay its government TARP loan.
Jim is also bullish on retailing stocks, Tiffany & Co (NYSE: TIF), Nordstrom Inc (NYSE: JWN) and Kohl’s (NYSE: KSS). While TIF is one of the aggressive companies, JWN is better and KSS the best from this lot, according to Jim Cramer. Cramer also believes that when Best Buy (NYSE: BBY) reports on Tuesday, the consequence on its stock could be explosive. Meanwhile, Wal-Mart (NYSE: WMT) has recently gone through a big move and other stocks hold better prospects.
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