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You Ask, Cramer Answers
01/18/08 - 10:39 AM EST
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On Stockpickr Answers, Jim Cramer recently responded to a new batch of questions posed by members of the Stockpickr community. Anybody can ask, respond or comment at Stockpickr Answers; the top responders get ranked in our "Top Analysts" section. Here are a few of the questions from a couple of weeks ago to which Cramer responded. (Note: You may have to scroll through several answers to see Cramer's.)
- Are oil stocks like Petroleo Brasileiro (PBR) reliant on the price of oil staying high? I would like to invest in PBR, but with everyone saying oil will drop back down to $70 a barrel this year, I am worried that PBR will go down along with it.
Click here for Cramer's answer to this question. - Cramer is as bearish as he's been in some time. Is anybody picking at EMC (EMC) down in the mid-high $17 range?
Click here for Cramer's answer to this question. - I'm about halfway into a position in Intel (INTC) with a cost basis of about $23.40. What is your opinion of the downside risk for INTC from the current level (so I can set a scale for the rest of my position)?
Click here for Cramer's answer to this question.
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