Recap of Jim Cramer’s comments on Stop Trading!, Tuesday, May 16. Click on a stock ticker for more analysis:
*News Corp.(NASDAQ:NWS): Newscorp owns MySpace, which Cramer says is 'obviously a winner'. This popular site should bring up the stock, according to Cramer, $25 a share. On the other hand, eBay (NASDAQ:EBAY) with its "freebies" is not going to generate enough revenue, according to Cramer.
*Disney (NYSE:DIS): Cramer is bullish on this stock and believes that Robert Iger might be able to bring it up to around $34
*Media Stocks: Cramer says that media stocks are doing well because people believe that they perform defensively in an inflationary economy. He also identifies with the belief that "convergence is working", referring to its connection with digital delivery technology.
*USG (NYSE:USG): Cramer cites Carl Icahn's caution against USG, and says that "this is not a good short down here at $96."
Bank of America (NYSE:BAC) and Citigroup (NYSE:C): Cramer is bullish on these banks and predict that they will perform better than Goldman (NYSE:GS), Bear (NYSE:BSC) and Lehman (LEH) as the market declines.