people stopped being serious about money...it's one big game and he is the ultimate entertainer (in this usual boring industry)...people seem to ignore allllllllllllll his mistakes and give credit for any (short-term) correct calls...
He made his money before he became a showboat. Look, I'm not crazy about this guy either, but Emerson is a good company and if it falls, it'll go back up on a timetable that's reasonable for my portfolio.
Obviously you are un educated about the market and how Cramer analyzes his trades.
The reason why Cramer and his followers like EMR:
The company released April orders that showed deterioration from its recent first-quarter level (down 25% vs. down 15%- 20% in the first quarter), and the shares have fallen from $35 as a result. The order weakness has escalated primarily in Europe, which isn't surprising given the declines in EU industrial production.
I own this stock because a lot of the bad news is already reflected in the stock price (down from $58) and for its large exposure to China (9% of sales) and emerging markets (30% of sales) that will likely see the global recovery first. We are already seeing improvement in China with its industrial production and purchasing managers reports. Emerson is the best one to own given its well-balanced portfolio, healthy cash flow, strong balance sheet and strong leadership. Management is typically conservative, and expectations remain low. The 4% yield is attractive while I wait for the recovery to take place.
I purchased EMR several times based on his recommendations and am up quite nicely.
You may not make "fast money" with Cramer, but you will make money with a nice return on investment.
Try his Action Alerts Plus subscription. For the price of "admission", you'll make it back in a matter of days.