Jim Cramer's Stop Trading! Stock Picks and Comments, Dec. 21

Recap of Jim Cramer’s comments on Stop Trading! Thursday December 21. Click on a stock ticker for more analysis:

I Won't Call No Coppers: Toll Brothers (TOL), Centex (CTX), Southern Copper (PCU), Google (GOOG): Cramer says that anyone who is thinking of going long on copper is wasting their time, because "Copper's a fiasco here," Cramer said. "I don't want anything to do with copper." The main problem is that there is oversupply and little demand as copper inventories at TOL and CTX are piling up and Chile is increasing production. Since prices are being pressured, Cramer would sell PCU. Concerning casinos, Cramer says that the group is undervalued and he says to invest in companies building in Macau rather than the U.S. Cramer says that "data-point stock" Google will continue to drift until its next report.

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Comments

[Philip Obal:]

Motley Fool and Forbes likes PCU with it's handsome DIVIDEND and good growth. Copper will probably take a 10% correction, but what Cramer should have said - is what is a good price point to buy into PCU.... Needs to get more specific - which takes time - analysis - thought - NOT his normal emotional self of QUICKIES to say something about. CRAMER likes QUICK recommendations, without much detail of when to get in, trend analysis,.... letting others do the data grinding.

2006 Dec 22 09:29 AM