Cramer: Is BP Still Worth a Value Trade?
Anyone who says BP offers tremendous value isn’t reading the Florida newspapers, Cramer said Thursday. He said there are a number of people who think BP at $29 is cheap, but their arguments sound a lot like the case for buying Citigroup when it traded at that level. “I like Citi now,” Cramer said, “but it made that pit stop at $2” first.
Posted on June 25, 2010
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