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Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Wednesday March 2.

Netflix (NASDAQ:NFLX), Salesforce.com (NYSE:CRM), OpenTable (NASDAQ:OPEN), Micron Technology (NASDAQ:MU), Texas Instruments (NASDAQ:TXN)

When asked if he thinks oil-rich Russia is a good place to invest, Cramer said he would not even consider an oil service Russian stock, because "the country has taken tremendous steps backward in the last 15 years." Cramer identified the "three black holes" of investing as Russia, China stocks and airlines.

Cramer thinks the $4 billion valuation of Twitter was too low and says $8 billion sounds more accurate. Now high multiple stocks like Netflix (NFLX) and OpenTable (OPEN) have to justify their valuations with Twitter's valuation so low. On the subject of high multiple stocks, while Cramer thinks Netflix has a fabulous long-term subscription story, he does not trust these kinds of stocks until there is clarity on oil. High oil causes inflation worries, and even though Salesforce.com (CRM) is lower, he is too worried about oil to get behind high multiple, high growth stocks right now.

In the semiconductor space, Cramer would sell Texas Instruments (TXN) and buy Micron (MU).

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Source: Cramer's Stop Trading! 3 Black Holes of Investing (3/2/11)