What Trade War?

Stop Trading, Listen to Cramer!
Stop Trading, Listen to Cramer!   

Short sellers may have “shot first and then asked questions later,” Cramer said during Tuesday’s Stop Trading!, in anticipation of a trade war between the US and China. Some of the companies that could have been hit the hardest are now “the strongest stocks in the market.”

Las Vegas Sands , Wynn Resorts , Caterpillar , Bucyrus International and Joy Global are all names that Cramer would have marked for shorting if a trade war had escalated, but they were up during Tuesday’s trading session.

Cramer reset his price target for Wynn to $80-$90 from $70, and $22-$25 for Las Vegas Sands. The companies presently trade at $72 and $19, respectively.

“So we may think that this China’s got a trade war,” Cramer said, “but I think this is more of a make-love-not-war situation, and these stocks win.”

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