Cramer's Stop Trading! Caterpillar Will Be Triumphant (10/21/10)

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Includes: CAT, FCS, MNRO, NFLX, PCP, VMW, WFC
by: Miriam Metzinger

Stocks discussed on the Stop Trading! segment of Jim Cramer's Mad Money TV program, Thursday October 21.

Caterpillar (NYSE:CAT), Freeport McMoRan (NYSE:FCX), Wells Fargo (NYSE:WFC), Precision Castparts (NYSE:PCP), Monro Muffler (NASDAQ:MNRO), VMware (NYSE:VMW), Netflix (NASDAQ:NFLX)

Although both Caterpillar (CAT) and Freeport McMoRan (FCX) reported strong quarters on Thursday, the stocks were brought down by relentless selling. However, Cramer told viewers to "be aware of the long-term picture of Caterpillar as the triumphant machinery company.” Wells Fargo (WFC) reported a great quarter, but analysts weren't happy that it didn't fit their "thesis of negativity" that all banks are losers right now. Precision Castparts (PCP) reported a "beautiful number" and Monro Muffler (MNRO) rallied because “dealer networks have shrunk.” VMware's (VMW) performance shows a comeback for cloud computing and Netflix (NFLX) was up 12% on Thursday; Netflix is the way the younger crowd is watching movies.

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