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Medco Health [MHS
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]: MHS is down as people sell the defensive stocks, but Cramer sees the decline as a buying opportunity. He’s bullish on Medco.
Atmos Energy [ATO
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]: Kinder Morgan [KMP
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] or Sempra Energy [SRE
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] would be better picks. Even better, Cramer said, would be to own EnCana [ECA
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], Southwestern Energy [SWN
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], or Devon [DVN
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] or XTO Energy [XTO
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] on a pullback.
Amgen [AMGN
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]: Cramer can’t get behind Amgen. He prefers Schering-Plough [SGP
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].
Click for the rest of Thursday's show |
Yum! Brands [YUM
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]: Buy half a position in YUM now, then buy the other half “when Bernanke takes the market down,” Cramer said, reiterating his lack of confidence in the Federal Reserve.
Jim's charitable trust owns Schering-Plough and XTO Energy.

