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Bulking Up on Holdings

A dip in one presents a buying opportunity while another is a solid grower.
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I'm going to keep picking away at my energy stocks, by purchasing 500 shares of Cimarex Energy (XEC) after you read this. The stock is down more than 2% for the session to $39.86, and has dropped below my cost basis. I believe Cimarex stands out because the shares are being capped in the near term by the energy producer's pending acquisition of Magnum Hunter Resources (MHR) . This buy gives me a total of 4,000 XEC shares, or 4.2% of my overall portfolio.

I'm also going to pick up 300 shares of Aramark (RMK) , here around $26.97. The food and venue services provider is a consistent double-digit earnings grower, and I believe management can look past the National Hockey League lockout to deliver on its mid-single-digit organic sales growth target. This purchase gives me a total of 2,000 shares, or about 1.4% of my total portfolio.

Regards,

James J. Cramer

DISCLOSURE: At the time of publication, Cramer was long Aramark and Cimarex Energy.

Send email to james.cramer@thestreet.com.