NEW YORK (TheStreet) -- TheStreet's Jim Cramer answers Twitter (TWTR) questions from the floor of the New York Stock Exchange, and this week's first question deals with the decline in oil prices, which hit a five-year low on Monday.
Specifically, two users ask if this is a good time to buy Royal Dutch Shell (RDS.A) and Exxon Mobil (XOM) . Cramer says Exxon is bouncing and Royal Dutch has a good yield, but he notes the numbers have not been cut yet. If and when that does happen, then Cramer calls these two stocks "go-to names."
He adds investors could take a position now, but if the numbers get cut later this week, then the knee-jerk reaction will be a decline in the stock prices, which would be a better time to buy.
Cramer also says he does not think oil prices will go much lower from their current position in the $60 range.
Another user asks about the effect of low oil prices on a stock like Tesla (TSLA) . Cramer says he does not think there is as much of a one-to-one relationship between the two as people think, but also notes General Motors (GM) went up Friday because sales of its "gas guzzlers" would increase due to the falling oil prices. He adds he does not think "it's a zero-sum game" with Tesla.