Cramer s Mad Money Recap: Cisco Systems, AT&T
Jim Cramer laments the lack of accountability on Wall Street and condemns the harm it does to investors.
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May 20, 2021
There s far too little accountability on Wall Street, Jim Cramer admitted to his Mad Money viewers Thursday, as he sounded off on issues that have been getting him hot under the collar for the past few weeks.
First, Cramer said there s no accountability with the pundits and analysts that make snap judgments about earnings reports. Case in point, Cisco Systems (
CSCO) - Get Report, which reported a solid quarter Wednesday, only to be panned by nitpicking analysts and off-base news reports. After closing lower Wednesday, shares rebounded hard Thursday, proving all of the naysayers completely wrong.