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Jim Cramer is Cool on WhiteWave Shares, Says Own Verizon Shares

June 20, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Action Alerts PLUS portfolio manager Jim Cramer answers viewer questions from the floor of the New York Stock Exchange. Cramer believes the recent market rally is ‘not sustainable.’ He said the rally is rolling into the oil and industrial stocks, both of which do not have high quality earnings growth. Cramer said he wouldn’t get caught up in the rally. Another viewer asks, ‘Jim, is WhiteWave (WWAV) still a long hold?’ Cramer said, ‘WhiteWave is a problem. Two different analyst have said you should buy it ahead of the quarter and the stock has not reacted well. One of the reasons is that we have to hear what whole foods has to say and the other is that Hain Celestial (HAIN) reacts really badly. My take on WhiteWave is wait to see what they say and if it’s down a little, buy it.’ Send your questions to Jim Cramer on Facebook and on Twitter @JimCramer using #CramerQ.

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