Cramer's Must Own Oil Stocks

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From 6-1-07:

"Monster moves in the oil stocks, just monster. This move has everything to do with a radical shift at a couple of mutual funds that recognize that you simply can't not own a group that has massive visibility and the ability to endlessly raise dividends and buy back stock...I am a huge believer in this move. I am never going to say that Occidental shouldn't be bought because it has an 11 multiple and that's too high. That's nuts!...These stocks are cheap and they are hardly value traps. They are companies that control their own destiny right now."

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