Cramer's Stop Trading! Coke's Good Quarter and Pepsi's Blowaway Quarter (2/24/09)

Stocks discussed on Jim Cramer's Stop Trading! TV Program, Tuesday February 24.

Home Depot (HD), Lowes (LOW), Visa (V), Mastercard (MA), Pepsi (PEP), Coke (KO)

Home Depot has really improved since the departure of rogue CEO Bob Nardelli, according to Cramer, and it is a different company with good management and a strong dividend. While HD’s success is good for Lowe’s, the latter company “better get its act together,” he said. Cramer actually thinks Home Depot is a better company than Lowe's now.

Cramer predicted Visa will find its way onto the Dow Jones Industrial Average and says Visa, along with Goldman Sachs and Mastercard,are the only financials worth owning because of their minimal credit risk.

While Cramer has been a fan of Coke, he now prefers Pepsi on the strength of its FritoLay division; “It will break out here," he said. "It is too darn cheap…this is the one of those two to own.” It is really a choice between good and better: “Coke had a good quarter, and Pepsi had a blowaway quarter.”

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Comments

[Gravity404:]

Nardelli's been a failure everywhere he has been.

WHY IS MY MONEY GOING TO A PRIVATE COMPANY WHICH IS RUN BY A LOSER? LET CHRYSLER FAIL! That will help the other two...

Feb 25 10:49 AM