During Jim Cramer's game plan for this week he told viewers of Mad Money Friday night that he liked Hormel Foods (HRL) over J.M. Smucker (SJM) . Hormel is due to report its latest quarterly figures before the opening Tuesday.
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Consider a correction to be a buying opportunity.
At some point, the momentum and frothy traders will return, but the current action should be a solid lesson.
If the S&P 500 was acting like the majority of small-caps we would be calling this a bear market.