Jim Cramer: Buy Oracle for 2009
I’m not a huge fan of some of Jim Cramer’s over the top antics when it comes to recommending stocks, but sometimes he sits down and rationally discusses the points of one stock or sector against another. And I like when he does this. Of course, no one is going to be right all the time, and sometimes Jim Cramer is woefully off. But I do like his idea that Oracle is probably a good pick right now.
And there are other tech sector stocks that Cramer recommends. You can see in this video of some of his recommendations:
Looking ahead: stock investing and the new year
As 2009 approaches, it is time to think about your investment portfolio, and your strategy. Consider the stocks that you want to invest in, and think about how you think certain sectors will do. But think about things in terms of the long haul. 2009 may not see a stock market recovery. This means that now is the time to carefully buy, while you can get bargains.
Thinking about the long term is the best way to view the stock market right now. Overall, the stock market gains as time progresses. So while you may be down right now, in five or ten years, you will be up. And if you have been buying right now, odds are that you will be way up. So carefully consider solid value stocks. They are to be had right now for great prices that you may not see again for quite some time.
Disclaimer: I am not an investment professional. Nothing in this piece or on this Web site should be construed as investment advice. Before making investment decisions, do your own research and/or consult with an investment professional. All investment comes with the risk of loss. You are responsible for your own investment decisions.
