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Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Monday August 2.

Research in Motion (RIMM), Baidu (NASDAQ:BIDU), Google (NASDAQ:GOOG), Ford (NYSE:F), Banco Santander (STD), Banco Bilbao (NYSE:BBVA), Ford (F)

The ban against Research in Motion (RIMM) in the United Arab Emirates is just "the tip of the iceberg," with more trouble expected for the company in Saudi Arabia and China. RIM no longer seems beloved of distributors, who have found other phones to get behind. “The love is gone on RIM,” Cramer said. “This is the only tech stock I know that’s down today, and this is one of the great tech rallies that we’ve seen.”

Cramer reiterated the fact that Google is a "damaged story" because of its dead end in China, and it looks like Baidu (BIDU) is taking share in the Middle Kingdom. "Google is no longer the great growth story it once was," commented Cramer.

Surprisingly, Greece, Poland and Spain were strong performers in Europe last month, thanks to "a lot of good that happened in a short amount of time," to those countries. Banco Santander (STD) and Banco Bilbao (BBVA) are stable enough to hold "gigantic equity offerings" if they want to raise capital.

Standard & Poor's upgrade of Ford (F) comes as the company is experiencing a "virtuous circle" which allows it to offer cheaper financing and to make more money per car.

“This is a virtuous circle,” Cramer said, “in the same way of how horrible it was when they were cutting ratings.”

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Source: Cramer's Stop Trading! Ford's Virtuous Circle (8/2/10)