The Bright SideAlthough the market is reacting to a slowing economy, there are some bright spots out there, said Cramer. For one he said, Glaxosmithkline ( GSK), which makes products that consumers are going to buy no matter what the state of the economy, is performing well, as is Coca-Cola ( KO). Coca-Cola is not finished going up, he said, adding that it has great management.
Cramer's CallersHalliburton ( HAL), might have started declining since its split, but this is not the reason it's going down, Cramer told a caller. Cramer believes that untrue rumors are knocking Halliburton down. People are betting against the stock, which he owns for his charitable trust,