Loading...
Loading...
On CNBC's Mad Money, Jim Cramer said that investors that bought Permian Basin Royalty Trust
PBT on his recommendation last year should sell a half of the position. He added that dividend still looks good, but it is not wise to become greedy at this point. Permian Basin Royalty Trust (
PBT) fell 0.72% today.
Cramer thinks that investors should buy gold, but instead of New Gold Inc. (
USA)
NGD he would buy SPDR Gold Trust (
ETF)
GLD or Eldorado Gold Corporation (
USA)
EGO.
Cramer likes Synovus Financial Corp.
SNV as a speculative play, but he thinks that Huntington Bancshares Incorporated
HBAN is a better pick. Synovus (
SNV) fell 3.09% today, and Huntington Bancshares (
HBAN) dropped 3.36%.
Huntsman Corporation
HUN had a good quarter, and Cramer likes this stock, but not as much as when it used to be much lower. Huntsman Corporation (
HUN) dropped 4.72% today.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In: CNBCLong IdeasJim CramerShort IdeasMediaTrading IdeasDiversified ChemicalsEnergyFinancialsGoldJim CramerMad Money Lightning Round OTMaterialsOil & Gas Exploration & ProductionRegional Banks
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in