Cramer: Thumbs down on gaming
Count the popular stock prognosticator Jim Cramer as someone who is down on the gaming sector.
Cramer hosts the daily “Mad Money” show on cable network CNBC. He was asked Monday by a viewer about his thoughts on casino operator Wynn Resorts.
Cramer was not only down on Wynn, he tossed slot machine giant International Game Technology and casino companies MGM Mirage and Las Vegas Sands Corp. under the bus.
The often times bombastic Cramer told viewers he was “concerned about the whole group” and “wouldn’t touch any of them.”
Cramer did say he likes the bonds associated with gaming industry.