Warren Buffett is satisfied with his IBM holdings, but is Jim Cramer satisfied with the stock? Not exactly. ‘Warren Buffett is addicted to buybacks and dividends. I want more than that. They have to make acquisitions,’ said Cramer, portfolio manager of TheStreet’s Action Alerts PLUS and host of CNBC’s ‘Mad Money’. Cramer suggested that IBM buy ClickSoftware Technologies (CKSW) and CyberArk (CYBR). Cramer made the comments while answering viewers’ questions from social media from the floor of the New York Stock Exchange Tuesday. Cramer also discussed a number of healthcare and biotechnology stocks, saying that investors should buy Allergan (AGN), Biogen (BIB), Gilead (GILD). Cramer also said he prefers Allegan over Valeant (VRX) and said he’s staying away from Amicus Therapeutics (FOLD) and almost all of the small biotech companies, which he said are under year-end selling pressure. Send your questions to Jim Cramer on his Facebook page or on Twitter @jimcramer, using #CramerQ.
More from Video
Amid the Selling, Here's the Big Question Now
How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
One Tweet Pulls the Rug Out From Under the Indexes
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.
A Technical Look at the New Dow Jones Industrial Average
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
Conagra Brands Looks Tastier After Its Upgrade to Buy
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Biogen Bulls Get a Lift From Quant Upgrade and Strengthening Charts
Breaking down an approach to the long side of this biotech stock.
Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation.
If you have questions, please contact us here.