Amid news that ADP (ADP) is rejecting Bill Ackman's board nominations, TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said ADP isn't doing that badly.
"I do think that the presentation Ackman put together raises a lot of questions about margins," Cramer said. "If they can raise margins [ADP] could be a very big stock."
Watch all of Jim Cramer's latest videos, right here:
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.
Breaking down an approach to the long side of this biotech stock.
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