Cramer’s Stocks in Stay Mad For Life
Cramer’s new book ‘Stay Mad for Life’ is another great book by Jim. It is an interesting read with lots of helpful insight on how to get in and stay in the game. But, as always, what most people have been asking, and what most people want to know, is what stocks does he pick in this new book. I am going to skip to the chase and give you ten of the twenty stocks that Cramer says will work in the long term:
- Caterpillar
- Goldman Sachs
- ConocoPhillips
- XTO Energy
- Transocean
- Hologic
- Inverness Medical Innovations
- CVS Caremark
- McDonalds
- Freeport-McMoRan
The other ten stocks will be mentioned in another post at a later date….Keep coming back and we can MakeMadMoneyWork!
Socialize
I have a mixed opinion about Cramer. While he does give some good advice on investing, he has a rather interesting take on social investing. He believes that it is not the job of the investor to make moral decisions about the companies he invests in. He has repeatedly attacked the alternative energy industry and calls Exxon the “Industrial General”. He also makes no bones about investing money in companies that will make lots of money off the Iraq war.
I rather enjoy his antics on television and I think he does a really good service by being honest about investing unlike many money professionals. His goal to help everyday investors to make money is a decent thing to do.
So, that is my opinion on Cramer.