On today’s STOP TRADING segment on CNBC, Cramer has an energy trade. On Arch Coal (ACI-NYSE) Cramer said these have gone so low and oil has gone back up enough that it’s a matter of time before coal stocks come back. Cramer says that Exxon or Sheel should be buying an Arch (ACI-NYSE) or a Peabody (BTU-NYSE). The guys that sold today are catching the lows. He has noted this before, but he gave more details about why we need coal. Chevron (CVX-NYSE) is another one that Cramer likes. They increased reserves and he thinks CVX shares could creep up to $82.00 to $85.00.
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