Cramer's Stop Trading - Dark Days for Coal (11/14/08)

Includes: ARCH, BTU, KMP, MRO, T, VLO, XOM
by: Miriam Metzinger

Stocks discussed in Jim Cramer's Stop Trading! program Friday November  14.

Arch (ACI), Peabody (NYSE:BTU), Exxon (NYSE:XOM), Marathon (NYSE:MRO), AT&T (NYSE:T), Valero (NYSE:VLO), Kinder Morgan (NYSE:KMP)

Cramer says dark days are ahead for the coal industry after a “gigantic” EPA victory against coal. He would steer clear of Arch and Peabody. Exxon and oil refiners are a better idea now, particular Marathon, which is splitting itself into a refiner and a regular oil company. He noted Valero has made a big turn and added, “Refiners are breaking out. You want to be part of the action.” Cramer predicted Kinder Morgan will reach its high. In spite of problems with its 3G network and iPhone service, Cramer thinks AT&T is still a buy, because it is profiting from Sprint’s more substantial problems.

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