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If you are underweight oil and natural gas stocks, get ready to buy them next week, James Cramer said on his "RealMoney" radio show Thursday.
Oil and gas stocks are coming down, and Cramer believes most individual investors are still underweight oil and gas. That tells him the move isn't over, he said.
Cramer recommends buying "intermediate" natural gas and oil companies that "can still be nimble enough that a big find means something." His favorites are EnCana (ECA Quote), Cimarex (XEC Quote), Chesapeake Energy (CHK Quote) and XTO Energy (XTO Quote). He also likes drilling supplier National Oilwell Varco (NOV Quote) and would even consider majors like ConocoPhillips (COP Quote) and Chevron (CVX Quote). ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,328.89 | 1,102.47 | 2,211.69 | 36.02 |
Oil *
74.50
|
|
UP
20.63
|
UP
6.40
|
UP
31.64
|
UP
0.56
|
10 Yr
3.60%
SPDR Gold
108.95
|
|
+0.20%
|
+0.58%
|
+1.45%
|
+1.58%
|
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