I had more fun with this post when I imagined that Jim Cramer delivered it by screaming at me from my TV. Cramer today picked Owens-Illinois Inc. stock as a "buy" on the CNBC "Stop Trading!' segment. He gave a pretty anti-plastics reason for the selection. O-I makes glass bottles, and Cramer likes glass a lot more than plastics. "I have to emphasize to people," Cramer said, "at a certain point we're going to come around. ... Glass doesn't have toxins. "Everybody else uses glass around the globe. You can recycle it 30 times," Cramer said. He predicted that consumers will turn to glass instead of plastic. I assume he knows that glass is also heavy, which makes it costlier to transport, and that it uses more energy to create than plastics. Those would seem to be very important considerations with oil near $130 per barrel. And someone might want to talk to him about that plastics=toxins theory.
Jim Cramer likes glass, hates plastics
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