Jim Cramer Blog

Colgate-Palmolive (NYSE: CL - News), Coca-Cola (NYSE: KO - News), Procter & Gamble (NYSE: PG - News): Cramer would buy rather than sell defensive stocks such as CL, KO, and PG. He told investors not to hold their breath for a Fed rate cut. "I think the Federal Reserve has a game plan," he said, "and the plan is to wipe out anyone who speculated." Cramer predicts the Fed is expecting a recovery with the upcoming election.

Labels: CL, Jim Cramer, KO, PG, Stop Trading