|Day Low/High||21.12 / 21.75|
|52 Wk Low/High||7.09 / 22.99|
Jim Cramer made some predictions about the stock market in 2016 while answering viewers’ social media questions.
With some of these names already trading below $1, it's tough to imagine they'll be treated much better in the new year.
It will take a real and large production collapse to end the current bust.
Strap in and wait for the market to re-price these names to sane levels.
Holding them for 5 years could pay off -- big.
While earnings will tell the true tale, an interest payment on its senior notes is due next Friday.
And when they do, it will spell opportunity for domestic shale oil producers, big and small.
Now is the time to invest in energy stocks, not trade them.
I'll add to positions in down days in crude and stocks.
With land sale, Goodrich is now covered for at least 12 months.
Selection of stocks is tailor made for investor, given market parameters.
This very useful list of short candidates has underperformed the market in 10 of the past 15 years.
The market is not enamored of GDP's creditworthiness.
Expect both E&Ps to have the necessary liquidity for their next preferred payouts.
Look for companies with significant levels of insider ownership.