1. "Chevron has bottomed, but if oil goes to $33 it will see a rapid drop..."
2."Exxon stays at $56 because I'm a bull on oil"
Now that Cramer is talking down weaklings like Boeing, Coke, Disney, JNJ, IBM, Intel, maybe this is the contrarian indicator we've been waiting for....
Factual, concise contribution, with a clear reasoned conclusion.
Topical, as both companies are currently on similar forward P/E's of around 14 and yields of 3.0-3.5%, and we are all desperate for some stability.
Almost makes me want to go and buy KO. But 'cause I'm a cheapskate I might also stock up on second-rate Dr. Pepper Snapple (DPS) at a P/E of around 9 (but no yield), with the hope someone puts this recent spin-off out of its misery and takes it over...
Cramer's Stop Trading! Dow Doomsday Scenario (3/6/09) [View article]
1. "Chevron has bottomed, but if oil goes to $33 it will see a rapid drop..."
2."Exxon stays at $56 because I'm a bull on oil"
Now that Cramer is talking down weaklings like Boeing, Coke, Disney, JNJ, IBM, Intel, maybe this is the contrarian indicator we've been waiting for....
Coke or Pepsi? [View article]
Topical, as both companies are currently on similar forward P/E's of around 14 and yields of 3.0-3.5%, and we are all desperate for some stability.
Almost makes me want to go and buy KO. But 'cause I'm a cheapskate I might also stock up on second-rate Dr. Pepper Snapple (DPS) at a P/E of around 9 (but no yield), with the hope someone puts this recent spin-off out of its misery and takes it over...