Recap of Jim Cramer’s comments on Stop Trading! Wednesday January 24. Click on a stock ticker for more analysis:
Marvell (NASDAQ:MRVL), Broadcom (BRCM), Seagate (NASDAQ:STX), Level 3 (NASDAQ:LVLT), Blockbuster (BBI), Goldman Sachs (NYSE:GS): Cramer says that tech is okay for a trade until August, and he likes the wireless chip players because of the iPhone, Xbox and Playstation. Cramer adds that Marvell is 2 down because of its bad quarter, ten up, and mentions that he also likes BRCM and that STX is going higher. Cramer proclaims the death of the bears in speculative plays such as like LVLT, up 5% at $6.26, and Blockbuster, up 2% at $6.78. He predicts that GS, up 3% to $219 will make it to $300.
Marriott (NYSE:MAR), Starwood (HOT), Hilton (HLT-OLD) and Trump (TRMP): Those who don't like hotel stocks "don't do their homework," said Cramer who is bullish on MAR, HOT and HLT, and says he is not afraid of buying TRMP, because it has dropped to $17.
Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightning Round, Stop Trading and Wall Street Confidential.
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