Portugal Is a Reason to Buy, Not Sell

By

Jim Cramer

 | Jul 10, 2014 | 3:18 PM EDT
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Europe is not a reason to sell, it is a reason to buy. I don't know when that idea will get into the thick skulls of those who can't get their heads out of the Great Recession sand. But the hugely down opening off the concerns of a Portuguese bank, and then the subsequent recovery with the averages coming back nicely, might jar some people out of the complacency of European-based bearishness.

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