TheStreet’s Jim Cramer, Portfolio Manager of the Action Alerts PLUS Charitable Trust Portfolio, said investors considering buying shares of Sony (SNE) should opt for Facebook (FB) instead. ‘Go listen to what Mark Zuckerberg has to say about Oculus,’ said Cramer. ‘That will be the hottest product in 2017.’ In response to a viewer’s question regarding Nvidia (NVDA), Cramer said the chipmaker has momentum and is one of his favorite semiconductor stocks primarily because it’s less levered to Apple’s (AAPL) smartphones than its rivals. Another viewer inquired about Yahoo! (YHOO) to which Cramer replied that the internet giant is essentially trading on Alibaba’s (BABA) results because it still owns a large stake in the Chinese e-commerce company. Cramer said Alibaba’s fourth quarter report was strong, but investors are shying away from China due to its volatility and slowing economy. Still, Cramer said investors should ‘not bail on Yahoo! because it’s valued at zero, yet it is still worth something.’ Finally, Cramer said Paypal (PYPL) is the best of all the ‘non-financial financials’ after its strong quarter. And he told a viewer asking about Phillips 66 (PSX) that he does not like anything connected to fossil fuels at this juncture. ‘The average American producer does not make money with oil below $45,’ said Cramer. Cramer answers viewers’ questions in a daily segment with TheStreetTV. Send your questions to him on his Facebook (FB) page, or on Twitter (TWTR) . Send questions to him @JimCramer with the hashtag #CramerQ.
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