Stop Trading!
Jim Cramer's 'Stop Trading!': Gold Is Back
05/08/08 - 02:55 PM EDT
Gold is back, Jim Cramer said on CNBC's "Stop Trading!" segment Thursday. Cramer dismissed Wall Street observers' claims that the dollar is correlated with oil. "Oil is correlated to supply and demand," he said. "The stocks are signaling that gold is going higher." He recommended Agnico-Eagle Mines AEM and Yamana Gold AUY. "They're not done going up," he said. "Retail was a great trade," Cramer said, but "we're finished. I want to sell retail." He instructed viewers to get out of Nordstrom JWN, Phillips-Van Heusen PVH and VF Corp. VFC. On the other hand, "Wal-Mart WMT is the keeper in this group," Cramer said. However, he observed that "Kohl's KSS said good things, the stock is going down. This group has had it." He was also bearish on Target TGT. Cramer then moved on to discuss oil drilling in India. He said companies like Transocean RIG are "really talking about India." Cramer also recommended Discovery Holding DISCA, saying the company is unwinding its "convoluted ownership structure," and noting that the stock is a "green play."
The U.S. is facing a shortage of windmills, Cramer says.
Cramer's been recommending the auto-parts company for a long time, he said.
The entertainment company is on fire, Cramer says.
Apple and AT&T were among the most searched stocks on TheStreet.com Friday. Here's what Cramer had to say about them recently.
Catch up on his thinking on the hottest topics of the past week.
Investors will have to deal with a Fed meeting and another flood of earnings and economic data.
Looking for deep value with Defiance Asset Management, polling big investors about where the market's headed, plus much more.
See who made what calls.
3 Stocks I Saw On TVDan Fitzpatrick examines three stocks viewed on Fast Money and Mad Money Today's stocks include Deere & Co., Petrobras and MBIA
TheStreet.com Ratings checks in on First Community Bancorp and First Niagara Financial Group two months after recommending the stock.
Take-Two's latest hit receives a perfect score from industry reviewers.
- Cramer's 'Mad Money' Recap: Mad Money's Rally Playbook
- The Polycarbonate Price Cut
- CalPERS Pushes for Clean House at Standard Pacific
- Investing in China: What You Need to Know
- Coming Week: 'Glimmer of Hope'
- Top Stocks With Insider Buying, Buybacks
- New Solar ETF Helps Spread Sector's Risk
- Feuerstein's Biotech-Stock Mailbag
- Need to Own Energy? Here's How to Do It
- My Company Doesn't Provide Health Insurance (Gulp!)
Sponsored by:

BEAT THE STREET GAME:


