Getting Clear on Univision
Cramer has decided on a trade that cuts through the murk of the stock's recent action.
As much as I like Univision UVN the company, the stock continues to frustrate me. The company is growing much faster than its peers, but the stock can't sustain any rally. I'd hate to see what happened if the broadcaster actually lowered guidance one quarter.
With that in mind, I'm going to use today's rally to unload 1,000 of my 4,000 UVN shares. I'd rather take the small profit while we can and have the cash on the sidelines until a better opportunity comes across.
Regards,
James J. Cramer
DISCLOSURE: At the time of publication, Cramer was long Univision.