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Buy Occidental Petroleum(OXY Quote), Jim Cramer said on CNBC's "Stop Trading!" segment Thursday.
"People hate -- absolutely hate -- the oils all of a sudden," Cramer said. He said that pullbacks in oil typically last three days. "On the fourth day, you have to come in," he said.
Cramer said that Occidental has natural gas exposure, "which is really terrific." He called the company "the overlooked great one."
Noting a decline in timber prices, Cramer pointed viewers to Weyerhaeuser (WY Quote). "Lumber guys, timber guys are getting hooked into ag," he said. "Don't forget Temple Inland (TIN Quote)." ...
Recent Comments
| 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%
|
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