This story originally ran at 8:51 a.m. EST.
You have to like a day when the oil curmudgeon, Sanford Bernstein,
goes positive on the oils, and the software curmudgeon, Goldman Sachs, goes positive on the softwares. Both groups have suffered from some serious underperformance here, the oils in the last three months, the softwares in the last three years. So both analysts will have credibility right out of the blocks.
I think both calls work. I prefer the mid-range oils to these oils that just got upgraded, but I would be foolish if I didn't note that you can't get any pin action in the
-- my favorites -- without at least
going up or maybe a
For software, I like
, but I have liked it from $24 so my credibility is next to nil on the name. I think the
upgrade is the solid one, well off the high with a terrific secular trend.
In either case, there's mucho to buy here. This is what this market needs: Someone with credibility telling you to buy, and we've got two of 'em going at it at once!
At the time of publication, Cramer was long EnCana and Cimarex.
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