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Jim Cramer Says if the Fed Moves There Will Still Be Ways to Make Money

9/01/15 2:41 PM EDT
TheStreet's Jim Cramer said he doesn't care when the Federal Reserve decides to raise short-term interest rates, although he would prefer that they stay on the sidelines. Cramer said, 'I mean obviously I don’t want them to move because I don’t think it’s right to, but if they do, we’ll find a way to make money then too.' Concerns about China's economic growth continued to weigh on the markets Tuesday and Cramer said Chinese markets are moving lower and the dollar is weaker against the euro because the German bond market is being roiled by Chinese bonds as the governments looks to sell bonds to raise money to buy stocks to prop-up their market. Cramer believes, 'That will fail...so get a look at your ranges, find stocks that you feel comfortable with and you know, buy with the cash that you have.' But, Cramer does caution that volume is very thin, so any buying or selling will make share price moves appear larger. Three names Cramer said he would consider looking at adding to his portfolio are Lockheed Martin (LMT), Biogen (BIIB) and EOG Resources (EOG). -- Get Cramer's top stocks with Action Alerts PLUS Trade with him FREE for 14-days.
Stocks in this video: EOGBIIBLMT
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