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Jim Cramer's 'Stop Trading!': Bear Market Plays

TheStreet.com Staff

"This is a true bear market," Jim Cramer told viewers of CNBC's "Stop Trading!" segment on Friday. Oil, gas and gold are all working, and Gilead(GILD) and Pfizer(PFE) are up today, which hasn't happened in a long time.

Cramer noted that Procter & Gamble(PG) is selling off once again and is close to its 52-week low. Cramer recommends to "go in and buy" because people always run to stocks with sound fundamentals in a bear market.

Cramer also recommends to buy Coca-Cola(KO) but noted there are some inherent risks. The stock "seems right to me and you have to take on some commodity risk," Cramer said.

Cramer mentioned Agnico-Eagle Mines(AEM)(AEM), which made a move up today. He said doesn't recommend buying the stock, but if you do own it, take some profits off the table.

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