<< Read Full Article

TheStreet.com TV Recap: Where's the Momentum?

 

As hot areas of the stock market cool off, it's time to consider where that money will head next, said Jim Cramer.

One place to look is to the more traditional stocks -- the Colgates (CL Quote), Procter & Gambles (PG Quote) and Kelloggs (K Quote).

"Those are quintessentially safer," Cramer said in Monday's Wall St. Confidential video.

Those stocks will get a boost as investors flee the "mo-mo" areas of the market, like real estate investment trusts. "I see profit-taking from the REITs," said Cramer, who agreed that the recent Equity Office Properties (EOP Quote) deal marked the top in that sector. "The issue is that there are no value-buyers [that] going to come in at these levels."...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,471.58 1,108.86 2,175.81 32.75
Oil *
79.69
UP
126.74
UP
13.23
UP
31.21
UP
0.74
10 Yr
3.28%
SPDR Gold
117.38
+1.23%
+1.21%
+1.46%
+2.31%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services