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Monday, August 9, 2010

How to own great stocks

He explained that a high share price does not mean a stock is too expensive.
Consider Goldman Sachs (GS) and Apple (AAPL), two stocks which Cramer owns for his charitable trust, Action Alerts PLUS, along with Google (GOOG), Amazon.com (AMZN) and Chipotle Mexican Grill (CMG). Cramer said these triple-digit share prices may seem terrifying, but on a price-to-earnings
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