TheStreet's Jim Cramer said he'd be a buyer of Gold instead of Silver, prefers Nike over other footwear brands and sees Lam Research as the star of the semiconductor sector. Cramer said when it comes to commodities, he prefers gold to silver. 'Randgold (GOLD) has come down quite a bit here. Down about $7 in the last few days, that's my play for gold.' On the footwear front, Cramer said that while Skechers (SKX) has a 'sensational' CEO, there is not enough clarity on how the company is doing at any given time. Cramer said, 'Skechers is a bit more of a black box.' Cramer said that wile shares of Applied Materials (AMAT) may be inexpensive, investors looking to own the semiconductor sector should buy Lam Research (LRCX) instead. TheStreet's Ruben Ramirez reports from the floor of the New York Stock Exchange.
More from Video
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.
Breaking down an approach to the long side of this biotech stock.