Cramer's Stop Trading! Wal-Mart May Become Enemy Number One (3/4/10)

by: Miriam Metzinger

Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Thursday March 4.

Apple (NASDAQ:AAPL), Ciena (NASDAQ:CIEN), F5 (NASDAQ:FFIV), Hewlett Packard (NYSE:HPQ), Dell (NASDAQ:DELL), Del Monte (DLM), Petsmart (NASDAQ:PETM), VCA Antech (NASDAQ:WOOF), PetMed Express (NASDAQ:PETS), Mitsui &Co. Ltd (OTCPK:MITSY), Nucor (NYSE:NUE), Wal-Mart (NYSE:WMT)

Cramer thinks the big news for Apple's iPad is the business world's enthusiasm for the gadget, and the possibilities for new applications are endless. While business computing was once the province of Hewlett Packard (HPQ) and IBM (NYSE:IBM), Apple is now taking some share from these two giants.

Cramer said he is disappointed with Ciena's (CIEN) quarter and would buy F-5 (FFIV) instead.

Consumers are still spending on their pets, recession or not, as shown by strong numbers from Del Monte (DLM), Petsmart (PETM), VCA Antech (WOOF) and PetMed Express (PETS). While Cramer was at one time afraid Wal-Mart (WMT) would take over these businesses, pet stores seem to be fending for themselves; “This category is a here-to-stay category that’s growing."

Speaking of Wal-Mart (WMT), one reason the giant retailer is doing poorly while other retailers are up is that Wal-Mart is the symbol of everything Washington doesn't like about retail, specifically the company's union-unfriendly policies. If Washington starts to talk about reform in this area again, Wal-Mart could become "enemy number one."

Cramer praised the deal between Nucor (NUE) and Mitsui (OTCPK:MITSY) and said it would result in a “major international extension to Nucor’s business."

On Marc Faber's call to keep buying gold "forever" since its supply cannot increase at the same rate dollars are printed, Cramer said spring is historically weak for gold, so now is a good time to buy before it heats up in the summer. "Don't expect anything to happen right now," cautioned Cramer.


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