Stop Trading!
Buy Gran Tierra Energy (GTE - Cramer's Take - Stockpickr), Jim Cramer said on CNBC's "Stop Trading!" segment Thursday. Cramer said the Calgary-based oil and gas exploration company is "an interesting Canadian play. ... I think there could be a lot of upside there." Gran Tierra began trading on the American Stock Exchange on Tuesday. Investors should also look at Kimberly-Clark (KMB - Cramer's Take - Stockpickr), Cramer said. He disagreed with a Goldman Sachs downgrade of the company, which makes Depends adult diapers and other hygienic products. Cramer said the Goldman report made it seem as though "Kimberly-Clark could be the most dangerous thing since Washington Mutual (WM - Cramer's Take - Stockpickr)." Depends are "an oil-based product," Cramer said. The price of oil has been rapidly increasing this year. He said he would "buy it with the idea you could have 2 points down and 10 points up." Cramer said he doesn't like Clorox (CLX - Cramer's Take - Stockpickr) because he feels the company is executing poorly. "Goldman liked Colgate (CL - Cramer's Take - Stockpickr), which I have really liked, and Avon (AVP - Cramer's Take - Stockpickr)," he said. "Kimberly's not having a good quarter," Cramer cautioned. He said to look for the stock to rise over an 18-month timeframe. The company has a great brand, he said. On reports from the company that its revenue from emerging markets is improving, Cramer said, "People, as they get wealthier, use Kimberly-Clark products. ... They are more hygienic when they get wealthy."
The company has a bullish long-term outlook, Cramer says.
The stock is overpriced, Cramer says.
The mining company is better than Alcoa, Cramer says.
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