Jim Cramer on Oil: If You Like Apache, Catch Pioneer on the Downturn

For investors fond of Apache (APA) - Get Report shares, Pioneer Natural Resources (PXD) - Get Report may be a good buy on its next move lower according to TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer. 'Oil trades off of inventories,' Cramer said, referring to the weekly crude inventories report released on Wednesdays.  

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.