Stocks closed mixed Thursday, after rebounding from losses earlier in the day. The Dow Jones Industrial Average closed up 4 points, the S&P inched up .19 percent and the Nasdaq fell 1 percent. But even on good days, there are plenty of stocks that can cause you to lose sleep, “Mad Money” host Jim Cramer said Wednesday.
“It still depends on the stocks,” Cramer said, “because it's not enough that we fix the challenged European banks and the troubled European countries. We also have to fix our portfolios so they avoid anything that can be hurt by Europe or slowing business worldwide.”
Take Oracle , which reported one of the worst quarters Cramer’s ever seen from a company that hadn’t already pre-announced bad results. Emerson Electric also reported weak industrial orders and CarMax disappointed with car sales.
However, there are some names Cramer thinks you won’t lose any sleep over.Page 1 of 2 | Next Page