Friday and yesterday, Jim Cramer responded to a new batch of questions posed by members of the Stockpickr community.
Anybody can ask, respond or comment at Stockpickr Answers; the top responders get ranked in our "Top Analysts" section.
Here are a few of the questions to which Cramer recently responded:
- Anyone putting on hedges going into tomorrow?
If so, how and what are you using as the hedge?
- Cardinal Health (CAH) - Get Report, McKesson (MCK) - Get Report, AmerisourceBergen (ABC) - Get Report are all health care supply distributors, which I think is good in this environment, and are beaten up and cheap -- trading at PEG of 1 or less on 2008 earnings.
Should I load up the truck?
- I've got a ridiculous position in Black & Decker( BDK), and it just got bigger and riskier. Now I'm scared -- short term. I'm going to short something right now to hedge against this BDK, and also against inflation if possible, and I would like some recommendations.I've been thinking about Lowe's (LOW) - Get Report or a homebuilder. Consumer discretionary, American. Ideally, I want a stock that will go down with inflation or with BDK.
- I used to intern at a major investment bank. Everyone seemed to get in at 8 or 8:30 a.m. I'll bet that the reason you started your day at your old hedge fund at 4:30 a.m. was so that you could get a MAJOR jump on these idiots each day.
Am I right?
For an archive of Jim Cramer's Stockpickr answers, go to www.stockpickr.com/answers/ and type "Jim Cramer" under "search for questions." Select "Username - Answered" from the dropdown menu at right, and click "search." The most recent questions will appear first.
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