Media
Cramer Going Defensive With Recession Proof Stocks
Published:
Last Updated:
Jim Cramer came out on CNBC tonight and said the FOMC only giving a 1/4 point cut made him mad and sad, and he said the Fed doesn’t understand the magnitude of the financial woes out there.
24/7 Wall St. would caution perhaps that it’s time to review defensive stocks whose products you will buy whether you are happy or sad. Here was our own list of Defensive stocks. These were unfortunately down on the day too, although not as much as the market in general.
Cramer gave some of his own defensive picks for you ton hide out in the go-to plays there.
Jon C. Ogg
December 11, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
Sponsored: Want to Retire Early? Here’s a Great First Step
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
