Mad Money Lightning Round OT: Cramer Sees The Travelers Companies (TRV) At $75 (TFM, WFMI, TRV, DHR)

On CNBC's Mad Money Lightning Round OT, Jim Cramer said that he is not a buyer of The Fresh Market Inc TFM. He is concerned that Whole Foods Market, Inc. WFMI might post bad earnings results later this week, and he wants to wait for TFM to recover form its secondary offering. The Fresh Market Inc (TFM) fell 3.42%, and it closed at $40.39. The Travelers Companies, Inc. TRV is still too cheap, thinks Cramer. He added that the company's CEO, Jay Fisherman, is doing an excellent job. Cramer believes that TRV could jump to $75. The Travelers Companies, Inc. (TRV) gained 0.38% today, and it closed at $63.52. Danaher Corporation DHR is a very well run company, said Cramer. He thinks that the earnings will be consistent, and he praised its acquisitions. Cramer believes that this stock should be bought. Danaher Corporation (DHR) closed flat today, at $55.24.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CNBCLong IdeasJim CramerShort IdeasMediaTrading IdeasConsumer StaplesFinancialsFood RetailIndustrial MachineryIndustrialsMad Money Lightning Round OTProperty & Casualty Insurance
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!