Jim Cramer's Stop Trading! Stock Picks and Comments, Aug. 16

Recap of Jim Cramer’s comments on Stop Trading! Wednesday August 16. Click on a stock ticker for more analysis:

Alcan (AL) and Deere (DE): Moderate Consumer and Producer Price Index Reports on Wednesday renewed investors' faith in cyclicals such as AL and DE. However, in spite of DE's great quarter, there are some on on Wall Street who believe that the company will be harmed by housing, but Cramer dismisses this fear.

J.C. Penney (JCP), Target (TGT), Kohl's (KSS), and Charming Shoppes (CHRS): Rallies in retail are disproving the thesis that the housing market is making the consumer more cautious, and Cramer credits strong employment figures for supporting discretionary spending.

Corning (GLW) and Apple (AAPL): Cramer comments that inventories are low this quarter, which is good news for GLW's big-screen TVs and Apple computers.

Wynn (WYNN) and Los Vegas Sands (LVS): Wynn has been unfairly taken down, says Cramer, and could easily increase to trade like LVS.

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

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