Higher oil prices are helping stocks like Freeport-McMoran (FCX), according to Jim Cramer, portfolio manager of the Action Alerts PLUS charitable.trust. But Cramer is not a fan of Freeport, saying it’s a stock to trade for full time traders. He said it’s not a stock to be in if oil goes below $25. A viewer asked Cramer about Under Armour (UA) and he said that’s a stock to own, pointing out the company had a strong quarter. He also said he’s waiting to see Fitbit’s (FIT) earnings. Cramer was also asked whether Biogen (BIIB) or Celgene (CELG) is a buy, and he thinks Biogen is the better of the two, but the stocks have been impacted by Democratic presidential hopeful Hillary Clinton’s comments on drug pricing. A viewer wanted to know if Cramer likes First Data (FDC), and he responded that his favorite pick in that sector is PayPal (PYPL). He added that as they come down, Visa (V) and MasterCard (MA) are attractive. He also commented on Anthem (ANTM) and Skechers (SKX). Send Cramer questions on his Facebook page or on Twitter, use hashtag CramerQ.
More from Video
One Tweet Pulls the Rug Out From Under the Indexes
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.
A Technical Look at the New Dow Jones Industrial Average
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
Conagra Brands Looks Tastier After Its Upgrade to Buy
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Biogen Bulls Get a Lift From Quant Upgrade and Strengthening Charts
Breaking down an approach to the long side of this biotech stock.
Is Renewable Energy the Defensive Stock Opportunity You're Missing
AMSC CEO discusses that and China challenges.
Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation.
If you have questions, please contact us here.