Jim Cramer's Stop Trading! Stock Picks and Comments, Oct. 6

Recap of Jim Cramer’s comments on Stop Trading! Friday October 6. Click on a stock ticker for more analysis:

General Motors (GM): GM's comeback story is over with the departure of Jerry York who had a magic touch in turning around IBM (IBM) and Chrysler. The stock which was down 6% at $32 on Friday would have gone to $40 if York had stayed. "I would have preferred to see [CEO] Wagoner go," Cramer said.

Agco (AG) and Deere (DE): Agco's warning of a slowdown in the U.S. and Asia means that its time to "ring the register" on DE says Cramer. Even though DE is a solid company, Cramer believes that investors should sell since the stock jumped 25% from a mid-August low.

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

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Comments

[kkin365:]

Good reporting. On GM, Cramer left something unsaid. Is it time to sell or is holding the right action to take? omooc

2006 Oct 08 11:03 AM

[SA Editor M...:]

I would think that, if he said that GM's comeback story is over, Cramer is bearish on the company.

2006 Oct 10 05:06 AM