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On CNBC's Mad Money, Jim Cramer said during the Lightning Round that USG Corp
USG is “totally the wrong stock down here. It could go below $5."
Cramer said, “Everybody hates Caterpillar
CAT but I have liked it for years. I'm not going to cut and run now. I like it as it approaches a 3.5% yield."
For Peabody Energy
BTU, he said, "Coal and copper and oil are all going down. I'm shocked it's so low. There is a coal super cycle going on and I'm a buyer."
Cramer said that Philip Morris International
PM had a “monster quarter. This is one of my favorite stocks, even though I don't like tobacco."
For Enterprise Products Partners
EPD, Jim said, "Every one of the partnerships are going down on tax concerns. I think the stock is dirt cheap, but beware of the negative chatter."
He said that Ford Motor
F is an “auto company and the first stocks people sell in a slowdown are auto companies. There is no one that's going to buy Ford going into a recession."
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Jim's Views On Benzinga© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In: CNBCJim CramerPre-Market OutlookMarketsMediaTrading IdeasAutomobile ManufacturersBuilding ProductsCoal & Consumable FuelsConstruction & Farm Machinery & Heavy TrucksConsumer DiscretionaryConsumer StaplesEnergyIndustrialsJim Cramermad money Lightning RoundOil & Gas Storage & TransportationTobacco
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