Jim Cramer's Stop Trading! Stock Picks and Comments, Jan. 4

by: Miriam Metzinger

Recap of Jim Cramer’s comments on Stop Trading! Thursday January 4. Click on a stock ticker for more analysis:

Google (NASDAQ:GOOG): Cramer predicts that Google will go to 500 from 483 because the recent tech rally "has legs" and will gain more momentum as investors leave the energy sector. He thinks that Goldman Sachs' downgrade of the sector was unwise, since it missed the Vista upgrade cycle.

Amgen (NASDAQ:AMGN): Cramer likes this stock which was upgraded on Thursday, and he notes that "pin action" is bringing the AMGN up 3%.

UST (NYSEARCA:UST), Altria (NYSE:MO), Kraft (KFT), Spectra Energy (NYSE:SE) and Duke (NYSE:DUK): While Cramer likes UST, the smokeless tobacco play with a "big dividend," he prefers MO, which he thinks is going to 120 after the Kraft spinoff. MO was sitting at 88 on Thursday. On another note, Cramer said positive things about SE, a natural gas spinoff of Duke.

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