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Jim Cramer Return Risk +2.37% MID Tracked Blogger Profile & Performance Subscribe to author

Symbol Sentiment Start Return Closed DEO 02/12/09 -37.92% -- F 02/12/09 -340.42% 07/31/09 MAS 02/12/09 -104.51% -- FO 02/12/09 -24.95% -- MGM 02/12/09 -101.51% -- Via BloggingStocks:   Filed under: Ford Motor (F), Market matters, Diageo plc (DEO), Fortune Brands (FO), Stocks to Sell, Cramer on BloggingStocks From TheStreet.com Network Bank CEOs: We're Doing Right by Taxpayers Diageo Profits Rise But Outlook Cloudy TheStreet.com's Jim Cramer says horrible outlooks from competitors Diageo and Masco make FO a stock to sell in this market. What do you do if Johnnie Walker's slowing and Merillat cabinets aren't moving? I think you sell Fortune Brands (NYSE: FO) (Cramer's Take). Both Diageo (NYSE: DEO) (Cramer's Take), the liquor king, and Masco (NYSE: MAS) (Cramer's Take), the cabinet and plumbing king, reported earnings. While Diageo didn't deliver terrible numbers and boosted its already bountiful dividend, its outlook was horrible. Masco all around was just plain horrible. Huge quarterly dividend cut to 7.5 cents from 23.5 cents, miserable outlook and a sense that things are spiraling as housing starts get slashed to ribbons. Continue reading Cramer on BloggingStocks: Exit Fortune Brands Cramer on BloggingStocks: Exit Fortune Brands originally appeared on BloggingStocks on Thu, 12 Feb 2009 10:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments   Read the rest of original post »

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