Cramer: We Have to Pick Very Gingerly

 | Aug 10, 2017 | 11:08 AM EDT
  • Comment
  • Print Print
  • Print
Stock quotes in this article:










The good ones just aren't coming down enough yet. Earlier this week, our own Bob Lang suggested that you wanted to buy American Express (AXP) , MasterCard (MA) or Visa (V) on weakness.

But this isn't weakness. It just happens to be a day they aren't running. All are the apples of the eyes for fund managers everywhere. But buying them here is just too early. That said, maybe this is it for the downturn.

I feel the same way for the best of the best for defense: Raytheon (RTN) and Lockheed Martin (LMT) .



Can't buy. Not down.

You could make a case that there's some retail stocks to buy, but that's value, and you still can't make a call on value. They are down because they are hated.

But until the good stuff is lower, we have to pick very gingerly, because the real good names-including our bullpen names-- just aren't coming in.



News Breaks

Powered by


Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.