Wednesday, May 23, 2007

McMoRan Exploration shares rise

(Reuters) - Cramer said on his "Mad Money" TV show Tuesday that the potential upside is "enormous" for McMoRan if the company finds a big natural gas deposit. However, he advised that investors use limit orders and not buy too much of the stock at one time.




"It's true McMoRan reported low guidance, but all the bad news has already been priced into the stock," Cramer added.


Read more at Reuters.com Hot Stocks News

No comments: