Cramer's Q&A - 6-8 - 5359 views

On Stockpickr Answers today and late yesterday, Jim Cramer responded to a new batch of questions posed by members of the Stockpickr community. Anybody can ask, respond, comment, etc at Stockpickr Answers and the top responders get ranked in our "Top Analysts" section. Here are a few of the questions Jim responded to:

-- Jim,
Do you think the market will bottom in thirds again, with defensive stocks being the group to bottom first? Thanks, Bert


-- Jim-
Several weeks ago you recommended Actuant (ATU) based on its potential for a takeover and its relatively cheap price. I have owned this stock for several years now and it hasn't done much for the past year and a half. Do you still recommend the company?


-- Jim Cramer, Take on FWLT. Owned a considerable amount since the beginning days. Feel the cycle has four years + of additional legs but the price has moved considerably. I see the price targets, but his stock has considerable operating momentum. Say, 150/175/300 price points. Power is not even contributing on a meaningful basis. Why not reinvest in the 90s in what will be a multiyear cycle not fully recognized by the street? Thinking out loud on a discount E&C.

-- What is the best pure natural gas bet for higher natural gas come September?

-- Jim, I have about $100k in my 'trading' account and I'm wondering what you recommend as a good # of stocks to own. Is $20k into each of 5 stocks too few? Is $10k into each of 10 stocks too many?

I just don't want to end up owning too many stocks in which case I'd probably be better of in a mutual fund, yes? This of course assumes I am diversified either way. Thanks!


-- Jim, How do you keep all your ideas straight and separated for each source? Between your Blog, Mad Money, AAP, and all the other little segments like Stop trading, how do you pick and choose between which ones to use where? Thanks.

-- Jim,
Regarding the potential for a MNST buyout: If you wanted to play it with calls, how deep in the money would you go and how far out would you go? I was looking at the Dec or Jan in the money calls struck at 35 or 40. Thanks.


-- Jim, any word on MU? There are persisting rumors that Blackstone is looking at MU for a potential takeover.

-- Jim, I've read all the options trading books from our local library and the online resources. All the books seem to imply that getting exercised is a bad thing. What am I missing? I would have already bought or sold at the strike price using limit orders. Thanks for all you do for the ordinary investors!

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