RealMoney Radio Mailbag: Take Some Profits in Oil

Editor's note: The following are questions received from listeners of "RealMoney Radio." To send Cramer a question about topics from his radio show, click here. Listen to Cramer's latest radio show by clicking here.

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What is your take on oil stocks?

Cesar

James J. Cramer: I am long-term bullish on the oil group, but these stocks have made quite a run over the past 18-months. I would rather see people start taking some of the gains they have made and preserving the capital or looking for emerging growth opportunities earlier in their life cycles.

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What do I do with Activision (ATVI Quote)?

Allen

James J. Cramer: I like Activision as a play on the new video game console cycle. The company isn't dominant in the sports world like Electronic Arts (ERTS Quote). But, its games are good sellers, and the stock is comparatively inexpensive. If you can stomach the volatility, I think Activision is a good stock to hold here. I own GameStop (GME Quote) for my charitable trust, ActionAlertsPLUS.

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What is your take on Abercrombie & Fitch (ANF Quote)?

Wendy

James J. Cramer: I think Abercrombie is a well run retailer with good merchandising and strong appeal to the right demographic. The stock is up substantially since September, but it is still 10 points off from its July highs, meaning there is room for upside from here. Keep an eye on those holiday sales numbers though as this story could change drastically for the worse on weak results.

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What do you think of Zoran (ZRAN Quote) here?

Caprila

James J. Cramer: I don't like Zoran, which makes many of the components for digital televisions and DVD players, as much as a Trident (TRID Quote) and Genesis (GNSS Quote), which are much more levered to high-definition formatted video products. That said, I think Zoran could benefit from a year-end rally in technology stocks.

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