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On Friday's "Stop Trading" segment, Cramer continues the ongoing talk with Erin Burnett on oil and energy. He reveals a recent EPA victory that spells bad news for coal companies, so he advises staying away from Arch [ACI
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] and Peabody [BTU
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], for example.
For energy, Exxon [XOM
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] remains a better buy, as do refinery-based stocks, which he feels have bottomed (translation: great bargains). These include Marathon [MRO
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], Valero [VLO
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] and Kinder Morgan [KMP
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] (which is a "double whammy": high yield AND high earnings).
Cramer also continues to believe AT&T [ATT
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] -- whose CEO Randall Stephenson was on the show last night -- is a Buy, despite some ongoing problems with its 3G network and iPhone service (including Erin's!).
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