Market Overview

Jim Cramer Gives His Opinion On Kinder Morgan, Paypal, EMC And Potash

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On CNBC's Mad Money, Jim Cramer said that Kinder Morgan Inc (NYSE: KMI) is a disaster. He added that it is shaking the confidence of individuals who rely on the pipeline stocks for high yields in the time when bonds market offer very low yields.

Cramer is still a big fan of Paypal Holdings Inc (NASDAQ: PYPL).

He believes that it is time to take profits in EMC Corporation (NYSE: EMC) and keep the cash on the sidelines until the Fed meeting.

The agriculture space is in the bear market, explained Cramer. He said that Potash Corporation of Saskatchewan (USA) (NYSE: POT) could bounce, but he would sell it then.

 

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Posted-In: CNBC Mad Money Jim CramerMedia