Stocks Are 'Cheap' -- But That Isn't Enough By Jim Cramer About this article: You always need some sort of thesis, some worldview, to make you buy stocks. You can say, "With the amount of money being pumped in, something good can happen." Or you can say, "Stocks are cheaper than they have been in years." You can see Alcoa , Textron , International Paper -- great American companies in single digits -- and conclude, "You have to buy something." And then you look at what's underneath: a stimulus plan that's stimulates next to nothing, not even Wal-Mart's earnings, it is that small; stocks of companies that no strategic buyer can afford to buy and the Blackstones -- see that stock's price? -- aren't able to either, even though they claim they can; and the debt situation of all of these single-digit stocks, which require bankers and bond holders to show forbearance and let things roll until the... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200.

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