Monday, May 01, 2006
Real Money Blog
Make Room for Oily Entrees
05/01/2006 2:33 PM
In this article, Cramer suggests to buy oil stocks on any pullback. He feels Iranian "sabre rattling" will continue to add premium to the already high oil prices and that earnings will be "gigantic."
He questions why NBR and HAL sell at such low multiples. Moreover, he believes the drillers and natural gas stocks are the "places to be," now that the oil have run up.
05/01/2006 2:33 PM
In this article, Cramer suggests to buy oil stocks on any pullback. He feels Iranian "sabre rattling" will continue to add premium to the already high oil prices and that earnings will be "gigantic."
He questions why NBR and HAL sell at such low multiples. Moreover, he believes the drillers and natural gas stocks are the "places to be," now that the oil have run up.
