Jim Cramer says the stock market has had an 'incredible' run and that investors should consider the action-orientated downgrades of multiple stocks.
Investors should take note of the downgrades analysts made on a collection of stocks, CNBC's Jim Cramer said Monday.
"You know my mantra: bulls make money, bears make money, but hogs ... they get slaughtered," the "Mad Money" host said."I don't want to be too greedy and that rule has never gotten me in trouble, so we need to take these calls seriously. We always should focus on downgrades. They can be very meaningful."
"Short term, I think Tusa could be right about this stock," Cramer said."But if Culp can engineer another brilliant sale like he did by offloading the life sciences business to Danaher, his old employer, for $21.4 billion, you might want to be a buyer ... Long term, I'm betting on Culp."
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