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‘Oil is a perma quick,’ says Jim Cramer

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Jim Cramer on CNBC’s Halftime Report.

Scott Mlyn | CNBC

(This story is for CNBC PRO subscribers solely.)

As oil costs proceed to falter, Jim Cramer believes there is not any compelling motive for traders to leap into the sector. “I feel that oil is a perma quick,” the “Mad Money” host stated Wednesday.

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