During the April Monthly Meeting on Wednesday, we took questions directly from Investing Club members. Here are the responses from Jim Cramer and Director of Portfolio Analysis Jeff Marks. Their answers have been adapted for length and clarity. 1.
Eaton has run so much since the initial buy it is way above the cost basis. Will we ever buy more and if so what price? Since the position is so small, should we sell it and move on to something else? Jeff Marks: I don't want you to sell it. It's had a nice pullback from around $330 to around $300. Mid-$300 might be interesting if it does pull back there again. The stock is about 10% off the high.
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