One of the most visible financial analysts on TV, Jim Cramer, offered a mixed review of WWE's stock on tonight's "Mad Money" broadcast that airs weekly on CNBC.
WWE's stock price has steadily increased the past few months from trading in the low $10-per-share range to $13 in June. Shares closed at $12.71 today.
"Very torn. I need to see a reversal of fortune or some momentum," Cramer said today about WWE's stock. "I am nervous about this one."
Cramer upgraded his previous opinion from March 11 when he said he did not recommend buying WWE shares. At the time, WWE stock's price was down to $9.83 per share and overall down 7.9 percent for the year.
source: pwtorch.com
June 17, 2009
Jim Cramer on WWE Stock
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