Buy Gran Tierra Energy (GTE Quote), Jim Cramer said on CNBC's "Stop Trading!" segment Thursday.
Cramer said the Calgary-based oil and gas exploration company is "an interesting Canadian play. ... I think there could be a lot of upside there." Gran Tierra began trading on the American Stock Exchange on Tuesday. Investors should also look at Kimberly-Clark (KMB Quote), Cramer said. He disagreed with a Goldman Sachs downgrade of the company, which makes Depends adult diapers and other hygienic products. Cramer said the Goldman report made it seem as though "Kimberly-Clark could be the most dangerous thing since Washington Mutual (WM Quote)." Depends are "an oil-based product," Cramer said. The price of oil has been rapidly increasing this year. He said he would "buy it with the idea you could have 2 points down and 10 points up." Cramer said he doesn't like Clorox (CLX Quote) because he feels the company is executing poorly. "Goldman liked Colgate (CL Quote), which I have really liked, and Avon (AVP Quote)," he said. "Kimberly's not having a good quarter," Cramer cautioned. He said to look for the stock to rise over an 18-month timeframe. The company has a great brand, he said. On reports from the company that its revenue from emerging markets is improving, Cramer said, "People, as they get wealthier, use Kimberly-Clark products. ... They are more hygienic when they get wealthy."- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,318.16 | 1,091.38 | 2,146.04 | 33.56 |
Oil *
77.53
|
|
DOWN
14.28
|
DOWN
3.52
|
DOWN
10.78
|
UP
0.07
|
10 Yr
3.36%
SPDR Gold
112.94
|
|
-0.14%
|
-0.32%
|
-0.50%
|
+0.21%
|
Data delayed 20 minutes |














