Stop Trading!: Buy Minerals
By: Carlo Dellaverson | Web Producer
Sell the financials, Cramer advised on Monday’s Stop Trading!. “They’re still not right."
Instead, Cramer would buy mineral stocks like Rio Tinto , CVRD , BHP Billiton and Freeport-McMoRan . He also named oil giant Chevron a buy. The oil and mineral sectors both seem “oversold,” he said.
Jim's charitable trust owns Freeport-McMoran.
Questions for Cramer? madmoney@cnbc.com
Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com
Sell the financials and buy the oversold mineral and oil stocks, Cramer said.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
