Jim Cramer's Stop Trading! Stock Picks and Comments 6/5
-
Font Size:
-
Print
- TweetThis
PepsiCo (PEP), Lehman (LEH), United Technologies (UTX), Citigroup (C) and Bank of America (BAC): Cramer lists these companies as masters of the successful strategy of buying back their own shares during an economic slowdown. Pepsi, which Cramer praises as particularly well-adapted to this technique, consistently props itself up with stock purchases when the S&P gives it a beating. "Very few companies are capable of doing that. Pepsi's one of them." He says that these stocks tend to weather any economic storm, and that they consistently deliver.
On a general note, Cramer says that one has to accept the general mentality that is driving down stocks. "People genuinely believe there's going to be a recession," he said. "I don't believe there's going to be one. But I respect the mind-set."
More: Cramer's latest stock picks, including: Mad Money Recap, Lightening Round, Stop Trading and his Radio Show.
Related Articles
|


























