Recap of Jim Cramer’s comments on Stop Trading! Tuesday July 11. Click on a stock ticker for more analysis:
Alcoa (NYSE:AA), Lucent (LU), and 3M (NYSE:MMM): In spite of a poor performance of these three stocks, Cramer believes that there is reason to be optimistic about market generally, especially as earnings reports are coming in. He blames short-sellers for the brief rally which brought stocks back down. Cramer warned investors against Lucent, because of an announcement that the limit on capital spending at AT&T (NYSE:T) is going to have repercussions for the entire sector.
Ameritrade (NASDAQ:AMTD): Cramer dubbed AMTD as "a hated stock in a hated group" after a positive note from Bank of America failed to give it a bounce.
TreeHouse Foods (NYSE:THS): Cramer notes that this pickle producer was left behind in the defensive stock rally.
More: Cramer's latest stock picks, including: Mad Money Recap, Lightening Round, Stop Trading and his Radio Show.
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