3 Trades Cramer Can Get Behind
For Wednesday's Stop Trading!, Cramer revealed three trades he can get behind:
Gold: While some think now is the time to short the precious metal and buy puts, but Cramer disagrees. Gold is a play on China and a currency trade, as well. He said inflationary fears are overblown.
"People have not realized that inflationary times and in deflationary times, gold has done great," Cramer said.
Disney : Goldman Sachs on Wednesday added Disney to its 'conviction buy' list, citing growth in its parks division. Cramer said he's also bullish on Disney, stating that its stock could climb to the low $40s.
Goldman Sachs : While the New York City-based financial giant is receiving heavy criticism, Cramer said he likes Goldman and praised CEO Lloyd Blankfein. Using a 12 multiple, he thinks its stock could go to $240 a share.
A previous version of this story misspelled Lloyd Blankfein's name.
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