Cramer's 'Stop Trading!': Cheers for Chubb

Stock quotes in this article: MCD , CB , TRV  

"McDonald's(MCD Quote) is good," said Jim Cramer on CNBC's "Stop Trading!" segment on Thursday. "People look at the chart and think it's the worst chart. I say, think about it for more than three days, please."

He recommended buying the stock at $50. "At $50, not here," he said. "You've got to wait till they go lower." McDonald's was recently trading at $52.47.

His next recommendation was property and casualty insurance company Chubb (CB Quote). "These guys don't do life insurance. They don't do annuities," he said. "News alert: Not everyone's an idiot. These guys didn't just take their money and buy commercial real estate."

"These guys are good. They know how to invest," he said. An even better investor, Cramer said, is Travelers(TRV Quote).

These guys aren't idiots. These guys are good. They understand how to invest."

  • Loading Comments...
  •  

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin
At the time of publication, Cramer had no positions in stocks mentioned.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

TheStreet.com has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from TheStreet.com.

Recent Comments





Connect with TheStreet

Back to Yahoo

Dow Jones S&P 500 NASDAQ 10-Year Note
10,464.40 1,110.63 2,176.05 32.79
Oil *
78.36
UP
30.69
UP
4.98
UP
6.87
DOWN
0.38
10 Yr
3.28%
SPDR Gold
116.62
+0.29%
+0.45%
+0.32%
-1.15%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services