Cramer's Buying Opportunity Off Bill Miller's Sales
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Date updated:01-10-2008

With asset management company Legg Mason (LM) facing an off year in its domestic equity funds, it is redemption time for investors who are asking for their money back from the company, Cramer said.

The funds' legendary money manager, Bill Miller, is likely to sell stocks to meet redemption, which could mean a buying opportunity for investors to pick up some knocked-down stocks.

symbol name last price % change open
  • +
  • EK
    Eastman Kodak Co.
  • $2.72
  • 0.00%
  • $2.80

Miller's sale of Eastman Kodak (EK), Google (GOOG), UnitedHealth (UNH) and Sprint Nextel (S) could knock down these stocks and offer a buying opportunity for others, said Cramer.

People owning EK also tend to own: ROGSPIRAXADOWSVVSCHKDEO

TheStreet.com Rating: D What is this?

  • +
  • GOOG
    Google Inc.
  • $428.40
  • +0.43%
  • $426.74

Miller's sale of Eastman Kodak (EK), Google (GOOG), UnitedHealth (UNH) and Sprint Nextel (S) could knock down these stocks and offer a buying opportunity for others, said Cramer.

People owning GOOG also tend to own: AAPLAMDCSCODELLIBMINTCMSFT

TheStreet.com Rating: B- What is this?

  • +
  • UNH
    Unitedhealth Grou
  • $28.10
  • 0.00%
  • $27.72

Miller's sale of Eastman Kodak (EK), Google (GOOG), UnitedHealth (UNH) and Sprint Nextel (S) could knock down these stocks and offer a buying opportunity for others, said Cramer.

People owning UNH also tend to own: ACFBMYBRK-ABRK-BCNQDJCODUK

TheStreet.com Rating: C What is this?

  • +
  • S
    Sprint Nextel Cor
  • $5.06
  • 0.00%
  • $5.00

Miller's sale of Eastman Kodak (EK), Google (GOOG), UnitedHealth (UNH) and Sprint Nextel (S) could knock down these stocks and offer a buying opportunity for others, said Cramer.

People owning S also tend to own: ESVHTENOVRHATRATWICSCO

TheStreet.com Rating: D What is this?

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