Cramer's Stop Trading! Netflix's Non-News Story (11/22/10)

by: Miriam Metzinger

Stocks discussed on Jim Cramer's Stop Trading! TV segment, Monday November 22.

Netflix (NASDAQ:NFLX), Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Chipotle (NYSE:CMG), Deckers (NASDAQ:DECK)

Cramer thinks the FBI's examination of insider trading will be a positive step for the retail investor who has stayed on the sidelines because of a conviction that the system is geared toward the rich. While Big Money will always have an edge, reforming the system will make sure that "the edge keeps getting cut back. Which is good."

Netflix (NFLX) raising prices was "the most non-news news" event, since the company said it was going to raise prices in its conference call, and it even lowered the cost of other items. Netflix, Apple (AAPL), Amazon (AMZN), Chipotle (CMG) and Deckers (DECK) are fast-growing stocks that are "on fire. They are not stopping." While some worry about their valuations, Cramer thinks their market caps have more room to grow before these stocks can be considered overvalued.


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