Jim Cramer's Stop Trading! Stock Picks and Comments, Nov. 6
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Mastercard (MA): Cramer celebrated the success of Mastercard, commenting that there were many shorts betting against it on the belief that housing would affect consumer confidence. The stock was up $6 on Monday; "next stop $110," said Cramer.
Four Seasons (FS): This stock is solid, according to Cramer who isn't worried about the luxury hotel's earnings multiple. Skeptics wonder how CEO Isidore Sharp can pay a 28% premium on his buyout of the 40-multiple stock, but Cramer has confidence in Sharp and the hotel which should have significant earnings power, especially since there have been few terror attacks.
Lowe's (LOW), Home Depot (HD), Masco (MAS), Sherwin Williams (SHW), Black & Decker (BDK): Cramer doesn't approve of the UBS' downgrade of LOW and HD and would buy these companies "hand over fist" because other home-improvement retailers have gone up. He criticizes bears for focusing on lackluster numbers at MAS but not paying attention to good numbers at SHW and BDK.
Ryanair (RYAAY): Cramer agrees with investment guru Julian Robertson's bullish remarks on Irish airline Ryanair which went up 6% on its strong earnings performance.
More: Cramer's latest stock picks, including: Mad Money Recap, Lightening Round, Stop Trading and his Radio Show.
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