Cramer's Stock Buys Off A China-Led Drop
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Created by barrons3
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Date updated:08-20-2009

"If China has pulled back 20%, do we have to pull back 20%, even though they were up 80% and we are up 9%? Are we so in lock step now that when China catches a cold, we are the ones with pneumonia? I don't think so." - Jim Cramer

symbol name last price % change open
  • +
  • FCX
    Freeport Mcmoran
  • $84.57
  • -0.18%
  • $84.08

It's such an easy story to stretch out, though you can see that our Freeports (FCX) and our Exxons (XOM) can get hammered.

People owning FCX also tend to own: ACIAINVANRAPCBBDBTUCHK

TheStreet.com Rating: D What is this?

  • +
  • XOM
    Exxon Mobil Cp
  • $74.38
  • -0.36%
  • $74.38

It's such an easy story to stretch out, though you can see that our Freeports (FCX) and our Exxons (XOM) can get hammered.

People owning XOM also tend to own: AAAIGIBMINTCJNJJPMKO

TheStreet.com Rating: C+ What is this?

  • +
  • TGT
    Target Cp
  • $47.46
  • -0.92%
  • $47.73

But how about the 85% of the market that doesn't sell into China? Do we decide to take back the Target (TGT) gains of yesterday?

People owning TGT also tend to own: HOVSUAAPLHMCAMATBDGGE

TheStreet.com Rating: B- What is this?

  • +
  • AAPL
    Apple Inc.
  • $199.92
  • -0.29%
  • $198.33

How about the Apple (AAPL) gains -- I mean, they will eventually sell iPhones there, so eventually their numbers will be destroyed by the sales that they get there because the Shanghai index is down, right?

People owning AAPL also tend to own: AMDCSCODELLGOOGIBMINTCMSFT

TheStreet.com Rating: B+ What is this?

  • +
  • ESRX
    Express Scripts
  • $85.09
  • +1.25%
  • $83.44

I am sitting here right now trying to figure out how much Express Scripts (ESRX) should be down off of China. Or Ford (F). Or Citigroup (C). Or BB&T (BBT). Frankly, it's a tough one -- I am guessing 20% because prevailing wisdom now says 20%.

People owning ESRX also tend to own: AKAMBROCOGTCOHCPRTCTSHDNA

TheStreet.com Rating: A- What is this?

  • +
  • F
    Ford Motor Co
  • $8.64
  • -1.03%
  • $8.63

I am sitting here right now trying to figure out how much Express Scripts (ESRX) should be down off of China. Or Ford (F). Or Citigroup (C). Or BB&T (BBT). Frankly, it's a tough one -- I am guessing 20% because prevailing wisdom now says 20%.

People owning F also tend to own: AEPAMPAOCCAGCSXEIXGNW

TheStreet.com Rating: C- What is this?

  • +
  • C
    Citigroup Inc
  • $4.20
  • -1.41%
  • $4.19

I am sitting here right now trying to figure out how much Express Scripts (ESRX) should be down off of China. Or Ford (F). Or Citigroup (C). Or BB&T (BBT). Frankly, it's a tough one -- I am guessing 20% because prevailing wisdom now says 20%.

People owning C also tend to own: ACEBACCBCOPCVXDISGS

TheStreet.com Rating: D What is this?

  • +
  • BBT
    Bb&t Cp
  • $24.60
  • -0.32%
  • $24.58

I am sitting here right now trying to figure out how much Express Scripts (ESRX) should be down off of China. Or Ford (F). Or Citigroup (C). Or BB&T (BBT). Frankly, it's a tough one -- I am guessing 20% because prevailing wisdom now says 20%.

People owning BBT also tend to own: AMDCOPDUKFIBMMRKMSFT

TheStreet.com Rating: C What is this?

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