"No one ever made a dime panicking," Jim Cramer told the viewers of his "Mad Money" TV show Tuesday. "And that's why those who sold yesterday want to shoot themselves today."
The consumer finally has some fun money to spare. That is the good news.
Abbott Labs is one of four names to own.
Electric utilities are boring, but this energy stock is set to deliver steady, safe gains in the medium term.
The utility has offered a dividend since 1975, and it is likely to continue its strong, steady performance.