Publish date:

Jim Cramer: Stay Clear of ‘Stressed’ Stocks; Alcoa Okay But Get Away From GoPro

TheStreet's Jim Cramer said Chart Industries is a 'stressed' stock because of the drop in oil prices.
Author:

TheStreet's Jim Cramer, Portfolio Manager of the Action Alerts PLUS Charitable Trust Portfolio, said Chart Industries (GTLS) is certainly a stressed stock because the drop in oil prices means less shifting to natural gas engines and this will undoubtedly weigh on the company’s performance. In response to a viewer’s question regarding a potential management shake-up at Whole Foods Market (WFM), Cramer said the upscale supermarket’s brass could help their cause by releasing a detailed strategy for its smaller format stores, yet he remains cautious on the stock right now because 'it’s still expensive on earnings.' Another viewer inquired about Whitewave (WWAV), wondering about the organics space. Cramer said there is concern about the entire group as a result of 'knockoffs.'

TST Recommends