Updated from 6:52 a.m. EDT
Jim Cramer isn't afraid to challenge short-sellers on Wall Street. He has been putting bears on blast all week for what he feels is a premature call for oil to sell off. Recently, Cramer found opportunity in stocks that will benefit from the earthquake in China, packaged-goods stocks and energy stocks.
Here are some Cramer highlights from over the past week as aggregated from his "Mad Money" TV show, the "Stop Trading!" segment on
blog posts (these blog post links require a
: Cramer believes that solar, wind and natural gas stocks can run until oil hits his target of $150 a barrel. In a
, he wrote: "You can wait for an oil pullback, but think of this: Iran takes off 500,000 barrels a day, and you can't get oil below $120. It is that tight. Forget what you read about a slowdown in demand because of price."
: Cramer knows exactly which stocks will benefit from a rebuild in China. In another May 14
blog post (that was
reposted on TheStreet.com
), he wrote: "This rebuild will soon obliterate any worries about U.S. demand. You can only imagine the kind of heavy equipment that will have to be bought for that rebuild, and with a weak dollar, the orders will go to the U.S. manufacturers of heavy equipment."
: Cramer feels that bears on the Wall Street are dead wrong with their calls for oil to trade lower. In a
, he wrote: "So much for the oil selloff. Remember that? Remember how the bears were saying the run was over? They will be back again on either a high inventory oil or nat gas number. I urge you not to listen to their sirens until we get to $150."
: Cramer offered up a group of stocks that investors should follow as a barometer for the stock market. On Wednesday's "Stop Trading!" segment, Cramer told viewers: "If you were in outer space and you wanted to know how our market was doing, those are the four that you'd call in for."
: Cramer sees opportunity in the packaged goods sector. In a
, he wrote: "But to hear any player in the group, especially new player
, say encouraging things could bring people back to kick the tires, if not buy."
Procter & Gamble
: Cramer believes a group of energy stocks should divide their oil and gas businesses to create more shareholder value. On
Tuesday's "Stop Trading!" segment
, Cramer told viewers: "My urging is you go over these companies. They all have oil, and they've all got gas businesses."
: Cramer recommended some wind stock picks for traders who are competing in
stock-picking contest. In a May 15 blog post that was
, he wrote: "Please forgive me, but when people are betting to win $5,000 a week for '
,' and they are wagering heavily on solar portfolios, I have to speak up for wind, which is much more explosive and happening much more quickly."
Cramer was full speed ahead
with his latest
. He was bullish on several stocks such as
, but also bearish on the likes of
(Editor's note: At the time of original publication of his posts and shows, Cramer owned Quanta for his Action Alerts PLUS charitable trust. Cramer is a featured commentator for
, which is owned by General Electric; as part of his contract, Cramer holds restricted shares in GE.
At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.
James Altucher is president of
LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for the
and the author of
Trade Like a Hedge Fund
Trade Like Warren Buffett
. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;
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