Jim Cramer: Buy Oil Stocks

Sunday, October 11, 2009

Oil has bottomed, Jim Cramer said during Wednesday’s Stop Trading! on CNBC.

He recommended that investors start buying the oil stocks like Occidental Petroleum, Exxon Mobil and Hess.

“Most of these companies are going to make a lot of money” Cramer said, as long as oil stays above forty dollars a barrel.

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