Jim Cramer answers viewers’ Twitter questions Monday from the floor of the New York Stock Exchange. Jim was asked whether Apple (AAPL) will be adversely by Verizon’s (VZ) decision to no longer subsidize its phones. Jim said the decision will hurt Verizon, and that this is the wrong time for the company to make sure a move, because AT&T (T) and T-Mobile (TMUS) are coming on strong, and Sprint (S) had a decent quarter. He thinks Verizon should reverse course on its decision. Jim was also asked if EMC (EMC) buys VMware (VMW), would he look for Microsoft (MSFT) or Dell (DELL) to acquire Citrix (CTRX)? Jim responded that Citrix was at a 52-week high last week and that it is a stock that he likes on a fundamental basis, but he didn’t speculate about any takeover. Send your questions to @JimCramer, with #Cramerq.
More from Video
How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.