On TheStreet.com "Wall Street Confidential" video this morning, Jim Cramer said that oil was somehow kept artificially high at the year-end. The stock market bulls have a big advantage right now except for oils.
Cramer notes that analysts have to downgrade oil names. Cramer was again positive on Sears (SHLD) and that it would go to $200 faster than he thought and that Lampert is building the next Berkshire Hathaway.
Cramer was again very positive on Apple (AAPL) and noted it would be foolish to buy Nokia (NOK) or Motorola (MOT). Cramer thinks many will switch from Verizon and others to go to Cingular for wireless. He was positive here on AT&T (T) as the Cingular owner and said RIMM had its day, and he said PALM is nothing as far as a stock now.
If you want to see a much more calm and collective Cramer, the Wall Street Confidential videos on thestreet.com website are where you go.
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