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WMT* |
54.62 |
Mad Mail question:
Wal-Mart (WMT*)
Q: Now, in these
unstable times, it is only
Blockbuster Inc.
(BBI)
for the movies and
Wal-Mart (WMT*)
for the double-stuffed Milano cookies.
My youngest is 14, and thanks to what
I've learned, I've moved his 529 to
cash. The only vacation he and I will be
taking is camping out in my daughter's
Columbia dorm room. In all seriousness,
you are so appreciated and needed,
especially during these days... you are
a good man, Jim Cramer, and quite fun,
too...
Jim: I don't know,
maybe... I want to be sure. If you're
kid is younger, and won't need the money
for five years, then you're not going
with me. You've got a different plan. I
need only the people who need their
money for a major purchase in five
years, to take money out of the stock
market. Everybody else can let it ride,
or keep putting money in. By the way,
Wal-Mart, which I own for
my charitable trust, I think is
the only retailer that you should buy
aggressively here, even up $4, I'd buy
it aggressively. I think that company is
going to blow away the numbers.
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