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Jim Cramer's Stop Trading! Buy National Oilwell
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Buy National Oilwell Varco (NOV Quote) "right here, right now," Jim Cramer said Tuesday on CNBC's "Stop Trading!" segment.
Cramer said the oil-rig builder "has a sanctioned monopoly" and is printing money "like the U.S. Mint." He expects the stock, up $4 Tuesday to $64 and change, to hit $70 "in a heartbeat."
Cramer also likes FedEx (FDX Quote), which he called a cheap stock that's "best in show." Cramer expects the company to benefit from another stumble by rival UPS (UPS Quote) and to surge 30% from a recent $114. ...
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