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With Korean stocks at an all-time high, smart buying of companies with large amounts of treasury or preferred shares provides a play on change at the chaebol.
Global steel markets are bracing for a spike in input costs against a slowing in demand that could pressure margins and push prices lower amid a glut in overall supply.
Cramer says take some profits in Five Below and take Intel over Western Digital.
Perception trumps reality in the short term, Cramer says.