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.Â
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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