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Cramer says: “…I think you should put that money in a savings account, which is insured up to $250,000 by the FDIC, and we’ll wait for better times.”
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Hi Jim!: Booyah from Chicago! Because all of the market is being battered, I am sure that there are sectors that are being beat up much more than they should be. For example, electric utilities. Now that natural gas costs are way down and the charge for electricity remains the same, doesn't this bode well for these beat up utilities that stand to make money due to lower input costs? Which electric utility companies rely heavily on natural gas for fuel and which stand to make the most money from fuel savings? --Mike
Cramer says: “…buy Kinder Morgan Partners [KMP
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]…when this one comes down, KMP, it yields almost 10%, that’s the one you want.”
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Jim: I admire you. You do a great service for society. My question is about Dollar Tree [DLTR
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]. People have to buy things for the holidays, put some kind of gift under the tree for the kids, etc. This play has many of the attributes of Wal-Mart [WMT
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], despite the fact it is at the bottom of the retail market chain. Could this stock actually do well in this extremely difficult environment? --Rich
Cramer says: I’m going to do my homework and give you my answer on this Friday’s show.
Jim’s charitable trust owns Wal-Mart.
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