TheStreet’s Jim Cramer says he thinks Visa (V) will go up substantially, and that consumer products companies Kimberly Clark (KMB)and Procter & Gamble (PG) are ‘screaming buys.’ Cramer said all three stocks benefit from the weak dollar. Cramer also talked tech, saying if you aren’t in Apple (AAPL), wait for the stock to move lower on a downgrade before initiating a position. Cramer does hold Apple in the Action Alerts PLUS portfolio. A viewer wanted to know if Alphabet (GOOG) will fall back to $700 a share and Cramer said he didn’t think it would, calling it one of the cheapest stocks in the charitable trust portfolio. An investor asked Cramer if he should sell Chipotle (CMG), and Cramer said there’s no reason to sell it, adding the stock will come back. Cramer commented on healthcare stocks, saying McKesson (MCK) and Cardinal Health (CAH) are in a bear market, and that Allergan (AGN), which Action Alerts PLUS, has also been dragged down. Cramer also commented on Twitter (TWTR), Transocean (RIG), Integrated Device Technology (IDTI). Send your questions to Cramer on his Facebook page or on Twitter, use hashtag CramerQ.
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