Filed under: Analyst reports , Analyst upgrades and downgrades , General Motors (GM) , Market matters , Citigroup Inc. (C) , Johnson Controls (JCI) , Honeywell Intl (HON) , United Technologies (UTX) , Cramer on BloggingStocks From TheStreet.com Network Cramer: Death Rattle Stocks Part 2 Boeing All Done Growing? TheStreet.com's Jim Cramer says recent downgrades are killing whole industries, and they're coming at a terrible time. You can't lose autos and aerospace. Yet that's what's happening. The devastating aerospace downgrade by Goldman yesterday had pin action galore, wrecking everything from United Tech (NYSE: UTX ) ( Cramer's Take ) and Parker-Hannifin (NYSE: PH ) ( Cramer's Take ) to BE Aerospace (NASDAQ: BEAV ) ( Cramer's Take ). It took the whole frame down with it and made everything toxic. And it happens at a terrible time. It isn't like Honeywell (NYSE: HON ) ( Cramer's Take ), which with a few days left in the quarter can come out defending itself. Goldman rolled a perfect strike. And now the bowlers are back for more with an equally devastating "sell everything" call based on GM (NYSE: GM ) ( Cramer's Take ). Once again it is seamless: Lear (NYSE: LEA ) ( Cramer's Take ) and Tenneco (NYSE: TEN ) ( Cramer's Take ) get jettisoned too, but you know that Visteon (NYSE: VC ) ( Cramer's Take ) and American Axle (NYSE: AXL ) ( Cramer's Take ) and Johnson Controls (NYSE: JCI ) ( Cramer's Take ) and BorgWarner (NYSE: BWA ) ( Cr ...
Anytime
Filed under: Analyst reports , Analyst upgrades and downgrades , General Motors (GM) , Market matters , Citigroup Inc. (C) , Johnson Controls (JCI) , Honeywell Intl (HON) , United Technologies (UTX) , Cramer on BloggingStocks From TheStreet.com Network Cramer: Death Rattle Stocks Part 2 Boeing All Done Growing? TheStreet.com's Jim Cramer says recent downgrades are killing whole industries, and they're coming at a terrible time. You can't lose autos and aerospace. Yet that's what's happening. The devastating aerospace downgrade by Goldman yesterday had pin action galore, wrecking everything from United Tech (NYSE: UTX ) ( Cramer's Take ) and Parker-Hannifin (NYSE: PH ) ( Cramer's Take ) to BE Aerospace (NASDAQ: BEAV ) ( Cramer's Take ). It took the whole frame down with it and made everything toxic. And it happens at a terrible time. It isn't like Honeywell (NYSE: HON ) ( Cramer's Take ), which with a few days left in the quarter can come out defending itself. Goldman rolled a perfect strike. And now the bowlers are back for more with an equally devastating "sell everything" call based on GM (NYSE: GM ) ( Cramer's Take ). Once again it is seamless: Lear (NYSE: LEA ) ( Cramer's Take ) and Tenneco (NYSE: TEN ) ( Cramer's Take ) get jettisoned too, but you know that Visteon (NYSE: VC ) ( Cramer's Take ) and American Axle (NYSE: AXL ) ( Cramer's Take ) and Johnson Controls (NYSE: JCI ) ( Cramer's Take ) and BorgWarner (NYSE: BWA ) ( Cr ...