Jim Cramer expects defensive stocks to be resilient as debt ceiling talks drag on
CNBC's Jim Cramer said Monday to put faith in defensive stocks like health care, discount stores and natural gas.
Cramer is looking to a similar debt limit impasse in 2011 for guidance, but he says it's not as simple as pinpointing the stocks that rallied in the past.
With lawmakers in a stalemate about the debt ceiling, CNBC's Jim Cramer said Monday to put faith in defensive stocks like health care, discount stores, and natural gas.
Cramer looked to the 2011 debt ceiling crisis for guidance, noting that even though history seems to be repeating itself, it's not as simple as finding what rallied after that deal was finalized. $ONEOK Inc(OKE.US$ $Chipotle Mexican Grill(CMG.US$ $Ross Stores(ROST.US$ $TJX Companies(TJX.US$
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