During Monday night's 'Lightning Round' segment of Mad Money, one caller asked Jim Cramer about Merck & Co. (MRK) : "They report later this month and the stock will go down. Buy half now and half when they report," said Carmer.
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We recommend trading AVGO from the long side even with the recent sharp gains.
Time to make the leap from avoiding overvalued assets to actually investing in plays that will benefit from a reversion to fair levels of valuation.