Jim Cramer's Stop Trading! Stock Picks and Comments, Oct. 11

by: Miriam Metzinger

Recap of Jim Cramer’s comments on Stop Trading! Tuesday Oct 11. Click on a stock ticker for more analysis:

Yahoo! (NASDAQ:YHOO): Although Cramer believes that Yahoo! can be a strong company again, it will only be recognized as such if CEO Terry Semel steps down. "Semel's greatness is in the past," Cramer says and predicts that the stock will jump from $24 to $28 the moment he leaves.

Bank of America (NYSE:BAC), Ameritrade (NASDAQ:AMTD), E*Trade (NYSE:ET), Schwab (NYSE:SCHW) and American Express (AX): Cramer is bearish on online brokerages after BAC made the announcement that it would offer free trading. While there are those who predict a comeback, Cramer said that AX's free-trading offer failed seven years ago because there wasn't a "concerted push." He fears that BAC will continue to offer free-trading as an incentive.

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

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