Jim Cramer's Stop Trading! Stock Picks and Comments 6/12

Recap of Jim Cramer’s comments on Stop Trading! Monday June 12. Click on a stock ticker for more analysis:

Lehman's (LEH): Although Lehman's reported the second-best quarter ever, its post-earnings conference call made the stock sound "horrible," according to Cramer, who blames the Federal Reserve.

Dell (DELL) and Intel (INTC): Cramer passed along a tip that a large Wall Street firm will set its eyes on the PC stocks, Dell and Intel, and will turn negative on wireless stocks, such as Nokia (NOK), Texas Instruments (TXN) and RF Micro (RFMD) in the next 24 hours. Generally, Cramer still likes wireless.

Houston Exploration (THX): Cramer believes that THX seems like a buy and might have a performance similar to that of Kerr-McGee (KMG) and Marathon (MRO), and comments, "People are dumping stocks at six times earnings, I guess they think they're going to three times earnings. History shows that that is a fool's bet."

More: Cramer's latest stock picks, including: Mad Money Recap, Lightening Round, Stop Trading and his Radio Show.