On Wednesday's "Mad Money" show, Jim Cramer said that every problem has a solution, including the problem of how to invest in banks. He recommended investing in the strongest banks, such as JPMorgan(JPM Quote) and Goldman Sachs(GS Quote), both of which he owns for his Action Alerts PLUS charitable trust.
On Thursday, JPMorgan added $1.37, or 4%, to close at $35.35, and Goldman rose $7.32, or 5.2%, to $149.47.
As for worries about rising gas prices, Cramer recommended Transocean(RIG Quote), Occidental(OXY Quote) and Schlumberger(SLB Quote).
On Thursday, Transocean closed up $2.32, or 2.9%, at $82.19; Occidental closed up $1.75, or 2.6%, at $68.62; and Schlumberger closed up $1.42, or 2.5%, at $58.31. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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