Skip to main content

HCA Holds Profits

Time to sell HCA to take a nice little profit and get that cash ready for other stocks that are getting hit.
  • Author:
  • Publish date:
Comments

Tuesday, April 23, 2002 3:35 p.m. ET

*********************************************************** Save up to 33% on Your Action Alerts PLUS Subscription! Get more details at the bottom of this email. ***********************************************************

Dear Action Alerts PLUS Subscriber,

Tyco's (TYC) getting near my price target to buy more and I want to have plenty of cash available.

After you read this, I am going to sell 500 shares of HCA (HCA) to take a nice little profit and get that cash ready for other stocks that are getting hit. Still tons of HCA left after this, but cash is necessary in this treacherous tape.

Regards,

James J. Cramer

DISCLOSURE: At the time of publication, Cramer was long Tyco and HCA.

These Action Alerts are intended to provide opinions about and analysis of stocks and markets. They are not intended to provide personalized investment advice. DO NOT EMAIL CRAMER SEEKING PERSONALIZED INVESTMENT ADVICE, WHICH HE CANNOT PROVIDE. Cramer welcomes your editorial comments at jjcletters@thestreet.com.

James J. Cramer is a Markets Commentator for TheStreet.com and CNBC, and a director and co-founder of TheStreet.com. TheStreet.com is a publisher, and neither we nor Mr. Cramer is registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission or with any state securities regulatory authority. From time to time, Mr. Cramer may write about stocks in which he has a position. In such cases, appropriate disclosure is made. Mr. Cramer must hold all securities in his Action Alerts PLUS portfolio for at least one month. In addition, he is not permitted to buy or sell any security he has spoken about on CNBC for five days following the broadcast. Mr. Cramer's Action Alerts represent his own opinions and should not be relied upon for purposes of transacting securities or other investments, nor should they be construed as an offer or solicitation of an offer to sell or buy any security. He cannot and does not assess, verify or guarantee the suitability or profitability of any particular investment. You bear responsibility for your own investment research and decisions and should seek the advice of a qualified securities professional before making any investment. Please note: Effective Feb. 12, 2002, the holding period for securities in Jim's Action Alerts PLUS portfolio changed from four months to one month.