Jim Cramer's Market Minute Recap, Dec. 13

by: Miriam Metzinger

Recap of Jim Cramer’s comments on Stop Trading! Wednesday December 13. Click on a stock ticker for more analysis:

Apple (NASDAQ:AAPL), Marvell (NASDAQ:MRVL), Yahoo (NASDAQ:YHOO), Research in Motion (RIMM) and eBay (NASDAQ:EBAY): Cramer is optimistic about Apple, which was up 1.5% on Wednesday, and he thinks the stock is headed to $90. Although it dropped 3% when Forrester Research reported that the company had a 65% dip in iTunes revenue in the first half of this year, Gene Munster of Piper Jaffray noted that Apple had robust growth for the first nine months of 2006, and also reported that Marvell was strong. Cramer notes that Yahoo is being "buoyed" by December 27 calls and that it will pull back next week unless there is an update on Panama within 10 days. Cramer also thinks that eBay will give a boost to the tech rally: " Skype has been in a very ridiculed acquisition by eBay that all of a sudden looks like it's going to have traction," Cramer said. He also noted that he likes RIMM, which has been hit the hardest by the tech selloff.

Best Buy (NYSE:BBY): Cramer likes the fact that retail is "shrugging off" BBY's lackluster report and is critical of those who are bearish on the sector. "The fact is that retail is not a disaster."

Chevron (NYSE:CVX) Devon (NYSE:DVN), Transocean (NYSE:RIG) and General Electric (NYSE:GE): Cramer thinks that oils have reached their peak, but likes CVX and DVN and RIG, noting that the latter has drilling prospects in the Gulf of Mexico. Concerning GE, Cramer said that the stock could be yielding a dividend of 3.5% next year given its recent 12% dividend boost, andhe is starting to get interested in the stock.

Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightening Round, Stop Trading and his Market Minute.

Get Cramer's Picks by email -- it's free and takes only a few seconds to sign up.

Seeking Alpha is not affiliated with CNBC, Jim Cramer or TheStreet.com