Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener. NEW YORK (TheStreet) -- Investors were given a gift today, the gift of lower oil prices, Jim Cramer told his Mad Money viewers Wednesday. But once again, the promise of cheaper gasoline and heating oil sent the markets heading for the hills. Make no mistake, cheaper crude is good for stocks. But for some reason the markets just haven't taken that message to heart. Must Read: 5 Stocks Warren Buffett Is Selling Cramer's biggest worry about the markets are the transports, a sector that he featured Tuesday on Mad Money. But with crude prices falling, that means better gross margins and higher earnings for airlines like Southwest Airlines and Spirit Airlines , Cramer's two favorites in the group. Cheaper gasoline also directly correlates to restaurant and retail sales. Cramer gave the nod to Sonic and Fiesta Restaurant Group , as well as Macy's , up 18% for the year, and Home Depot , up over 49% over the past 12 months that oil has been in decline. But lower oil prices don't stop there. Even Apple , a stock Cramer owns for his charitable trust, Action Alerts PLUS, will benefit, as consumers with more discretionary income will be flocking to the upcoming Apple Watch, the ultimate discretionary purchase. Must Read: Jim Cramer's 12 Best Health Care Stocks to Buy Right Now This article is being updated. Please refresh for the latest version. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC. To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here.
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