Jim Cramer's Stop Trading! Stock Picks and Comments 08/03

Recap of Jim Cramer’s comments on Stop Trading! Thursday August 3.Click on a stock ticker for more analysis:

Countrywide Financial (CFC): Cramer believes that CFC has been unfairly taken down along with the rest of the housing market, and reports that CEO Angelo Mozilo "could sell the company tomorrow for 50 smackers," if he weren't so happy with CFC's future. The stock recently traded at around $37.

Qualcomm (QCOM): Founder Irwin Jacob's reversal of his stock-selling program demonstrates that he "is not a seller down here," and is a good sign that the stock will go up.

Apple (AAPL), Toyota (TM) and Sirius (SIRI): Cramer is bullish on Apple after it made deal to have its iPods installed in Lexus, the Toyota-owned car company. "I don't think people know how big iPod is for Lexus." This move could be a serious challenge to Sirius, and Cramer predicts AAPL could jump from $70 to $75.

Merck (MRK): Cramer is confident about Merck which he calls "the cleanest of the bunch" and says about Richard Clark's taking over the position of Chief Executive from Ray Gilmartin, "Hats off to the new guy running it."

CSX (CSX): Cramer likes this company's aggressive buyback strategy and calls CSX the "safest of the rails." He predicts that the company will benefit from intramodal truck and train traffic.

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

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