Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Monday July 19.
Apple (AAPL), Goldman Sachs (GS)
Apple (AAPL), like Goldman Sachs (GS), is apparently being punished. Cramer says Apple has "got this Goldman feel," and Steve Jobs is accusing the media of trying to tear down the company because it is successful. While other phone companies say reception problems on the iPhone are worse than on their phones. "All Apple had to do was to say it would do all it can to make customers happy," said Cramer and added, " I would buy it ahead of the quarter. There is an overreaction to the overreaction."
While Cramer usually talks about stocks, he says it isn't a bad idea to diversify into real estate; he purchased three new properties in San Miguel de Allende, a popular spot to spend winter. There is no property tax, and the properties are easy to maintain.
“I think that out-of-favor real estate in Mexico, that’s easily accessible to Americans, represents a great buy,” Cramer said.
San Miguel is free of the drug-related violence that plagues other areas of the country. "San Miguel is one of the nicest places I've ever been."
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