TheStreet's Jim Cramer, Portfolio Manager of the Action Alerts PLUS Charitable Trust Portfolio, says investors should sit tight if they own natural gas and master limited partnership shares until they move higher.
Cramer said, "That's become an emotional stock. We don't want to draw a conclusion [about] E. coli. We don't know. Understand that Chipotle, six months from now, could be higher than it is."
"I don't think that company can stay in it its current structure," Cramer said. "The oils are so oversold that if you wanted to get in them, that's wrong. But, if you want to wait for a bounce, that's right. And, gold is having a very odd move here. I don't want to own gold other than an insurance policy. That's why I've always said 10% of your portfolio can be gold."
Cramer said, "I don't think that the company's structure can stand in the current environment."
Cramer commented, "KMI is very oversold, so I would not sell it at this point because if you go look at Boardwalk Pipeline (BWP) , which is a company that cut its distribution badly, this one has already acted as if it's going to cut its distribution. There might be a little more downside if they do, but that's why the bonds are trading higher. People just presume they are going to cut it, and it can bounce."
Cramer said, "All these are the same stock and it just doesn't matter. Where I made my mistake with MLPs was that I looked at the balance sheets and decided that some were better than others. But they all trade together."
Cramer said, "I think Qualcomm at $50 a share represents value."
Cramer said, "It has a good yield, splitting into three companies, and the dividend is covered, where I think it's just a great investment to hold over the next 18 months."
Cramer said, "It's kind of interesting, and I think Sonic (SONC) is interesting too. Panera (PNRA) is interesting, which we own for Action Alerts PLUS, and I think Qdoba, which is owned by Jack in the Box (JACK - Get Report) , is the best one of all of these.
Cramer answers viewers' questions in a daily segment with TheStreetTV. Send your questions to him on his Facebook (FB - Get Report) page, or on Twitter (TWTR - Get Report) , send questions @JimCramer with the hashtag #CramerQ.