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Cramer on BloggingStocks: China-led drop offers a time to buy

 Aug 19, 2009 03:00 PM UTC
Return Risk
+2.37% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
WEN Positive 08/19/09 -22.51% --
XOM Positive 08/19/09 +13.71% --
UNP Positive 08/19/09 +7.94% --
TGT Positive 08/19/09 +5.61% --
BMY Positive 08/19/09 +14.87% --
C Positive 08/19/09 +17.68% 09/04/09
FCX Positive 08/19/09 +39.25% 11/16/09
F Positive 08/19/09 +16.23% --
BBT Positive 08/19/09 -8.17% --
POT Positive 08/19/09 +20.30% --
BHP Positive 08/19/09 +22.53% --
AAPL Positive 08/19/09 +14.70% 10/06/09
ESRX Positive 08/19/09 +32.34% --
PNRA Positive 08/19/09 +22.02% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: Apple Inc (AAPL), Ford Motor (F), Exxon Mobil (XOM), China, Market matters, Citigroup Inc. (C), Target Corp. (TGT), BB and T (BBT), Bristol-Myers Squibb (BMY), Wendy's Intl (WEN), BHP Billiton Ltd ADR (BHP), Freep't McMoRan Copper (FCX), Stocks to Buy, Union Pacific Corporation (UNP), Cramer on BloggingStocks, Potash Corp. of Saskatchewan (POT)


TheStreet.com's Jim Cramer says even stocks without exposure to that country will probably be on sale today.

If China has pulled back 20%, do we have to pull back 20%, even though they were up 80% and we are up 9%? Are we so in lock step now that when China catches a cold, we are the ones with pneumonia?

I don't think so. It's such an easy story to stretch out, though you can see that our Freeports (NYSE: FCX) (Cramer's Take) and our Exxons (NYSE: XOM) (Cramer's Take) can get hammered.

Continue reading Cramer on BloggingStocks: China-led drop offers a time to buy

Cramer on BloggingStocks: China-led drop offers a time to buy originally appeared on BloggingStocks on Wed, 19 Aug 2009 10:00:00 EST. Please see our terms for use of feeds.

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