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TheStreet.com TV Recap: Three Stocks for the Long Haul
Three stocks that are good for the long term and that Jim Cramer talks about in his new book, Stay Mad For Life, are Caterpillar (CAT Quote), Goldman Sachs (GS Quote) and ConocoPhillips (COP Quote), all of which he owns for his charitable trust, Action Alerts PLUS.
The first one, Caterpillar, is up 16% for the year but sells at what Cramer regards as being a very low level on the basis of its earnings because of housing, he said on TheStreet.com TV's Wall St. Confidential Web video Friday.
Cramer: 3 Stocks for the Long Term |
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