Jim Cramer answers viewers' Twitter (TWTR) questions from the floor of the New York Stock Exchange. He weighs in on animal health company Zoetis (ZTS), which he warns investors to be careful with after what's been a very big run in the stock. While he says he believes Zoetis is a very good company, he thinks it's pricey at these levels. Cramer also reveals his thoughts on Whole Foods (WFM) and its new 360-store concept. He says Whole Foods has become a 'show me' stock now. With so many other companies like Target (TGT) and Kroger (KR) in that space now, Whole Foods is one that investors need to wait on and see if the company can prove itself. In the cyber security space, while FireEye (FEYE) is up a great deal, Cramer says it's still not an expensive stock in comparison to the rest of the group. However, he acknowledges that doesn't mean that the stock is cheap. When one viewer recalls that Cramer has liked Kinder Morgan (KMI) in the past and asks if it's a buy at this level, he says the shorts are all over this stock right now. That being said, even though Cramer calls Rick Kinder 'terrific,' he says he's seen the shorts operate in this group and investors need to wait it out for a little while.
More from Video
How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.