He also said that the market is "thinner" than it should be here, and Cramer urged people to take advantage of dislocations in the market provided that the fundamentals are good.
"Look for collateral damage and buy that," Cramer said. In oils, it is natural gas that is pulling things down, said Cramer. He advised people to buy stocks that are only levered to oil and not natural gas, as they are more likely to "come back quicker." Cramer also said he likes Chesapeake Energy (CHK Quote) better than Anadarko Petroleum (APC Quote), calling Chesapeake "very well run."- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,471.50 | 1,106.41 | 2,190.31 | 35.40 |
Oil *
71.66
|
|
UP
65.67
|
UP
4.06
|
DOWN
0.55
|
UP
0.58
|
10 Yr
3.54%
SPDR Gold
109.32
|
|
+0.63%
|
+0.37%
|
-0.03%
|
+1.67%
|
Data delayed 20 minutes |
