Jim Cramer's Stop Trading! Stock Picks and Comments, Sept. 11
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Kohl's (KSS), Target (TGT) and Chevron (CVX): Cramer scoffed at skeptics for saying that the decline in gold and oil prices mean a weak economy, and noted the rally in retail which benefitted TGT and KSS. However, he suggested staying away from oil stocks such as CVX. The fall in commodities, says Cramer, is due to the fact that there is hope that the standoff with Iran will not end with war and that a settlement with the European Union will reduce the "terror premium."
Broadcom (BRCM), Freescale (FSL) and Motorola (MOT): Cramer notes that the tech sector benefitted from the selloff in commodities and that "Freescale is now the model," referring to the potential leveraged buyout for MOT's chip spinoff. "Everything tech is reflecting rosiness," Cramer said. "I'm not going to get in the way of that."
More: Cramer's latest stock picks, including: Mad Money Recap, Lightening Round, Stop Trading and his Radio Show.
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