More Cramer Defensive Strategies

By Douglas A. McIntyre Updated Apr 3, 1:46PM EDT · Published Feb 28, 12:29PM EST

Follow 24/7 Wall St. on Google

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

More safety picks from Jim Cramer for "the end of the chaos" this morning that was then followed by his Wall Street Confidential also on TheStreet.com. His printed picks are not necessarily the ones you would instantly thinks of: Altria (MO), PP&G (PG), AT&T (T), Coca-Cola (KO), and Exxon (XOM). He also noted that he likes Goldman Sachs (GS) again on pullbacks. He thinks only 1/3 actually bottom like the ones you can eat, drink, and smoke; and he thinks those bottomed and thinks the financials will next bottom. Neither AT&T (T) nor Exxon (XOM) were on my "20 Defensive Stocks for a Crummy Market" list from yesterday. Currently the DJIA is up 41 points after having been up more than 100 points. Out of the 20 stocks on our defensive list, only 4 are currently down for the day and 2 of those are down 0.1% or less.

Last night the WSJ Online Edition carried our list of 20 Defensive Stocks, as did Stockhouse in Canada, and our own partner BloggingStocks.

This morning it is listed on the Financial Times Alphaville section and MarketWatch carried it as well.

Jon C. Ogg
February 28, 2007

Jon Ogg is a partner in 24/7 Wall St., LLC and he can be reached at [email protected]; he does not own securities in the companies he covers.

About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.