In today’s Wall Street Confidential video on TheStreet.com, Cramer said the standoff in Iran should keep oil prices higher. The higher oil prices may reignite the earnings in the sector. Cramer thinks that Iran is trying to show that it thinks it can do whatever it wants and he thinks the global tensions will put in a floor in oil. He also thinks this is a good story for gold.
He noted Yamana (AUY) and Halliburton (HAL) in the gold and oil sectors, but those were the only two stocks noted today in what is a very broad issue.
Jon C. Ogg
March 26, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
It’s Your Money, Your Future—Own It (sponsor)
Are you ahead, or behind on retirement? For families with more than $500,000 saved for retirement, finding a financial advisor who puts your interest first can be the difference, and today it’s easier than ever. SmartAsset’s free tool matches you with up to three fiduciary financial advisors who serve your area in minutes. Each advisor has been carefully vetted and must act in your best interests. Start your search now.
If you’ve saved and built a substantial nest egg for you and your family, don’t delay; get started right here and help your retirement dreams become a retirement reality.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.