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Squawk on the Street
Question: In Friday's Stop Trading! segment, Trouble for Coal, Jim Cramer said which energy stock has a "double whammy"?
Answer: Kinder Morgan
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Stop Trading!: Trouble for Coal
On Friday's "Stop Trading" segment, Cramer continues the ongoing talk with Erin Burnett on oil and energy. He reveals a recent EPA victory that spells bad news for coal companies, so he advises staying away from Arch and Peabody , for example.
For energy, Exxon remains a better buy, as do refinery-based stocks, which he feels have bottomed (translation: great bargains). These include Marathon , Valero and Kinder Morgan (which is a "double whammy": high yield AND high earnings).
Cramer also continues to believe AT&T -- whose CEO Randall Stephenson was on the show last night -- is a Buy, despite some ongoing problems with its 3G network and iPhone service (including Erin's!).
Questions for Cramer? madmoney@cnbc.com
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