On tonight’s MAD MONEY, Jim Cramer continued his ‘fantasy football draft pick’ methodology in picking stocks for a portfolio that will withstand a recession. Tonight after a strong market he wants to review a portfolio of tight end picks. These will stand firm and are still on offense and score touchdowns occasionally (upside, with high dividends that protect). Here are his three picks:
- AT&T (NYSE:T);
- Con Edison (NYSE:ED);
- Enterprise Partners (NYSE:EPD).
In the prior segment he gave his "wide receiver picks" that are the aggressive big scoring stocks.
Last night he gave his picks that were not defensive, but still the leaders as the quarterback. But before that he gave his solid Defensive linemen picks that are defensive stock picks, and four of those were in our own LIST OF 17 DEFENSIVE STOCKS that we modified last Friday morning. Sixteen of those seventeen stocks closed up today.
I use baseball analogies quite frequently, but if you aren’t American or if you aren’t a football fan these shows this week are probably a challenge to watch.
Jon C. Ogg
September 11, 2007
Jon Ogg produces the 24/7 Wall St. SPECIAL SITUATION INVESTING NEWSLETTER; he does not own securities in the companies he covers.