Real Money’s Stock of the Day
After announcing a $7.1 billion dollar sale of its tech parts unit, Fiat Chrysler shares soared. The company is Real Money’s stock of the day.
Cramer’s Thoughts on Apple
Apple was Cramer’s Mad Dash. He discussed a note from Bernstein’s Toni Sacconaghi breaks down Apple’s push into advertising.
Apple is a holding in Jim Cramer’s Action Alerts Plus Portfolio.
Cramer’s Feeling Dispirited
Last week, the market was extremely volatile. Cramer discusses why the breakdowns last week left him feeling dispirited in his Real Money column Monday morning.
“If you think the activity of stocks — their gyrations and trajectories — matters at all, I mean, at all, then last week was totally dispiriting,” he wrote. “We had so many breakdowns of so many groups that it was mind-numbing. Plus, the stocks that performed well were the stocks that you would reach for in a recession. In fact, when I perused the charts this weekend, the only winners — the stocks you could have bought at the beginning of the week and made money — were utility stocks.”
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