Jim Cramer's Stop Trading! Stock Picks and Comments 6/2
Movado Group Inc. (MOV): Cramer thinks that that it is a good time to take profits on MOV, following the recent runup. He suggests buying Coach Inc. (COH).
VF Corp (VFC): As department stores sell down some of their inventory, Cramer predicts that orders will start to flood VFC.
Procter&Gamble (PG): Cramer reports a general lack of confidence in P&G, because of the perception that the company paid too much for Gilette. Although he doesn't entirely agree with this assessment, he believes it will soon fall to $50 and suggests swapping PG for Kimberly-Clark Corp (KMB).
UnitedHealth Group Inc (UNH): Cramer believes that given United Health's recent strength, investors need to be reminded why they sold it to begin with. The departure of momentum investors and the options backdating scandal still make the stock a risky choice, according to Cramer, who thinks that it is falling back to $43.
Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightening Round, Stop Trading and his Radio Show.
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