STOCKBOX.tv - facebook ipo greece default euro crisis china downturn » ir http://www.stockbox.tv Wall Street Content for the Lazy Investment Gurus. Thu, 09 Feb 2012 00:32:58 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Cramer – Disagrees with Buffet’s New Stake http://www.stockbox.tv/cramer-disagrees-with-buffets-new-stake/ http://www.stockbox.tv/cramer-disagrees-with-buffets-new-stake/#comments Wed, 18 Feb 2009 06:03:00 +0000 stockbox.tv http://www.stockbox.tv/?p=220
Cramer says don’t follow Buffett based on Buffet’s new holdings:
-Slashed its holdings in Johnson and Johnson [JNJ] to just 28.6 million shares as of December 31
-Smaller cuts in ConocoPhillips [COP], CarMax [KMX], US Bancorp [USB], Buffett wasn’t just selling in the fourth quarter. Berkshire increased these holdings:
-Increased holdings in NRG Energy [NRG], Ingersoll-Rand [IR], Eaton [ETN]
-New stake in 8.7 million shares of Nalco Holding [NLC]

Buffet appears to be moving money out of stocks that have done fairly well despite the market crash into industrials, probably as a result of Obama’s stimulus plan. I see merit.

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