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December 22, 2007
Jim Cramer's 'Stop Trading!': Buy Forest City
TheStreet.com
Forest City (FCEA - Cramer's Take - Stockpickr) is "one of the savviest" real estate companies around, Jim Cramer said on CNBC's "Stop Trading!" segment Friday.
Long-term value investor Marty Whitman recommended the stock when he made an appearance on CNBC earlier in the day.
"I think he's right. ... I remember when I was at Goldman Sachs (GS - Cramer's Take - Stockpickr - Rating) ... we were in awe of these guys," he said of the Brooklyn-based builder. "All they have gotten is better and better," he added.
No Land Grab: What's so hard with making a profit, when taxpayers are footing the bill and, if needed, the bailout? Savvy indeed.
Posted by steve at December 22, 2007 4:36 AM