Oil and gas pipeline companies have been getting greater media attention recently, much of it focused on the troubles at giant Kinder Morgan (KMI) - Get Kinder Morgan Inc Class P Report . But that doesn't mean that viewers don't still have questions about the stock, and the wider energy segment, for Jim Cramer.
Asked Friday several by social media users about what to do on Kinder Morgan, the host of CNBC's 'Mad Money' described it as a fluid situation. But it's one TheStreet has reported on extensively this week, and Cramer advised investors to read articles about KMI -- the biggest energy infrastructure firm in North America -- written by Real Money writers Dan Dicker and Carleton English.
Going further on the subject of pipeline companies Cramer said he bought some shares of Energy Transfer Partners (ETP) on Thursday for the TheStreet's Action Alerts PLUS charitable trust, of which he is the portfolio manager.
Cramer was also asked whether Chevron (CVX) - Get Chevron Corporation Report and ExxonMobil (XOM) - Get Exxon Mobil Corporation Report will bounce, to which he responded that there's a big short position in oil, and that with so many better stocks to choose among, he'll put his focus outside of the oil patch. One of the stocks he does like is Medtronic (MDT) - Get Medtronic Plc Report , which he said is doing a lot of things right. He is also a fan of Allergan (AGN) - Get Allergan plc Report .
Asked about the food industry, Cramer said he prefers Tyson (TSN) - Get Tyson Foods, Inc. Class A Report to Cal-Maine (CALM) - Get Cal-Maine Foods, Inc. Report . To the viewer who asked about Avon (AVP) - Get Avon Products, Inc. Report , after reports that the company is in talks to sell its North American business, Cramer warned, "That money's not going to you shareholders, be very careful."
Cramer was also asked if Weight Watchers (WTW) - Get Weight Watchers International, Inc. Report would bounce in the new year, and he responded that it already has. On Ulta Salon (ULTA) - Get Ulta Beauty Inc Report , Cramer noted that it just had a "monster" quarter, but cautioned against chasing the stock on the way up. He said there will come a day when the stock is down, and that's when you buy it.
To the viewer who asked if he should sell his shares in Virgin America (VA) after getting in on the IPO, Cramer responded that he should.
Cramer was also asked a few questions about retail stocks, including Target (TGT) - Get Target Corporation Report . He noted that Action Alerts PLUS owns shares of Target, and the fund bought some on weakness, but added that if the stock goes to the $78 to $80 range, he'll look at an exit. Cramer said he also likes both Dollar General (DG) - Get Dollar General Corporation Report , which had a terrific quarter, and Dollar Tree (DLTR) - Get Dollar Tree, Inc. Report , which recently acquired Family Dollar.
Viewers asked about semiconductor specialist Ambarella (AMBA) - Get Ambarella, Inc. Report , which Cramer said is expensive, and drugmaker Gilead (GILD) - Get Gilead Sciences, Inc. Report , which Cramer said is too cheap now for investors to abandon ship, even as the stock is under pressure due to public and political backlash over excessively high prices on some of its drugs.
Cramer answers viewers' questions in a daily segment with TheStreetTV. Send your questions to him on Facebook (FB) - Get Meta Platforms Inc. Class A Report , or on Twitter (TWTR) - Get Twitter, Inc. Report , @JimCramer, and send questions with the hashtag #CramerQ.
At the time of publication, Cramer's Action Alerts PLUS had a long position in ETP, AGN, TGT, FB and TWTR.