Cramer's TheStreet.com TV Recap: Year-End Buying
In his TheStreet.com TV video Wednesday, Jim Cramer said he wants you to focus on Circuit City (CC Quote) and Best Buy(BBY Quote), as they are an indicator of consumers who are really spending their money.
"As soon as you cut price for anything in this market, the consumer is ready -- whether it be homes, whether it be hard goods," Cramer said.
He said Circuit City is losing a lot of money on TVs in comparison to Best Buy, and stressed that you should be buying Best Buy.
When it comes to the market in general, Cramer said the market has reversed even though oil is up. This is, again, due to year-end buying, according to Cramer. ...
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