Cramer said the coal stocks are cheap because they "already got killed once," so they aren't expensive. Cramer said Arch and Peabody are good bets as the nation mulls over its energy situation, though he'd stay away from
, which he said is "poorly run."
Cramer also likes
, saying it's the best bet right now among the oil majors, though he also likes
. Cramer said Chevron has "gotten religion" about expanding its reserves and is buying back stock. He believes the stock could go to $82-$85 from a recent $74.50.
Cramer took issue with a Wachovia call on the media sector that favored
at the expense of rivals
. Cramer said the fundamentals at Viacom are "blah," so he'd avoid that stock. But he is bullish on the other two, saying he likes what Disney chief Bob Iger is doing and that CEO Richard Parsons is "unlocking value" at Time Warner.
At the time of publication, Cramer had no positions in stocks mentioned.
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