On tonight’s MAD MONEY Cramer said don’t be afraid of a weak dollar, go profit off of it! He said the world isn’t coming to an end and the worst is already behind us. The weak dollar and a bad market are things that headliners make up according to him. The only time to worry about a weak dollar is if it leads to higher interest rates.
Cramer said there are winners in a weak dollar after being successful at being truly global and having a lot of international exposure. He has 14 American companies with the most International business as a percentage of their operations:
Altria (MO), DuPont (DD), IBM (IBM) Chevron (CVX) Dow Chemical (DOW) Exxon (XOM), AFLAC (AFL), Halliburton (HAL), Colgate (CL), Intel (INTC), Texas Instruments (TXN) and Qualcomm (QCOM).
BUT…..Cramer calls these the 4 Horsemen of a weak dollar apocolypse you want to buy are:
Altria (MO)
Dupont (DD)
P&G (PG)
Halliburton (HAL)
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