Cramer touts Oil
On todays STOP TRADING! segment on CNBC, Jim Cramer noted the oil stocks as going higher because they have been buying back stock so much. ExxonMobil (XOM) can clearly go over $80.00, compared to $79.98 today. He doesn’t think XOM…
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On todays STOP TRADING! segment on CNBC, Jim Cramer noted the oil stocks as going higher because they have been buying back stock so much. ExxonMobil (XOM) can clearly go over $80.00, compared to $79.98 today. He doesn’t think XOM is the best one in thre group, but that is the one to buy. ConocoPhillips (COP) could run another $2.00 if they announce a new share buyback plan, maybe as soon as tomorrow. Chevron (CVX) was also noted positively.
On Syntax-Brillian (BRLC) on the hi definition boom; BUT…Cramer said he would play by buying Corning (GLW).
Jon C. Ogg
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