Jim Cramer's Stop Trading! Stock Picks and Comments, Nov. 17
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Nymex (NMX): Although Cramer comments that the 140% rise in the price of new IPO Nymex is not "a return to the dot-coms," he said to "let it come in" and buy it at $110-$120. The Nymex executives were right to offer only 6.5 million shares given the media hype: "These are shrewd guys," Cramer said. "They left money on the table."
Sears (SHLD): Cramer continues to be bullish on Sears in spite of its 6% selloff and commented that Ed Lampert shoud invest the money in whatever appeals to him rather than buying plasma-screen TVs for sale at Sears and Kmart.
Johnson & Johnson's (JNJ), Boston Scientific (BSX): JNJ's rise following the acquisition of Conor shows that "stent bashing has finally run its course" and means good news for rival Boston Scientific which Cramer predicts will climb to $18 - $19 soon: "This is done going down," he said.
More: Cramer's latest stock picks, including: Mad Money Recap, Lightening Round, Stop Trading and his Radio Show.
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