Jim Cramer's Stop Trading! Stock Picks and Comments, Feb. 1
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Comcast (CMCSA): In spite of a selloff on Thursday and the 4% drop because of concerns that it will spend more money, CMCSA is a buy, according to Cramer. He is confident that CEO Brian Roberts' network expansion and customer acquisition strategies will yield a rate of return which is "better than buying back stock."
Under Armor (UA): Although Cramer still likes UA, he commented on the 7% drop on its lackluster guidance and added that it trades at a superpremium multiple, which will cause people to "freak out" when its earnings outlook is not raised at every opportunity. Cramer said that UA may be a buy at $43 or $44
Google (GOOG): Cramer is still bullish on Google, but said that "it isn't done going down" because investors are disappointed in its revenue growth. However, he predicts that GOOG still could reach $600 from $488, but with a stop at $450.
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