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Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Tuesday April 12.

Chipotle Mexican Grill (NYSE:CMG), Netflix (NASDAQ:NFLX), Lululemon (NASDAQ:LULU), National Oilwell Varco (NYSE:NOV), Alcoa (NYSE:AA), Phillips Van Heusen (NYSE:PVH), Freeport McMoRan (NYSE:FCX), Colgate-Palmolive (NYSE:CL), Procter & Gamble (NYSE:PG)

With the averages falling and investors worrying about the economy, Cramer predicts a flight to safety and to high growth stocks like Chipotle Mexican Grill (CMG), Netflix (NFLX) and Lululemon (LULU) which seem impervious to the economy with their consistent growth. Cramer thinks Alcoa's (AA) quarter should not have been cause for trepidation about materials and industrial sectors because Alcoa was up 16% going into the quarter, the company beat estimates and was positive on demand outlook. He thinks the company did not tell a good enough story and did not handle questions about cash flow well. Alcoa was down 6% after its earnings.

Fertilizers were among the hardest hit stocks in 2008, but that is not happening now because of the tremendous demand for crops. If fertilizer stocks decline, Cramer doesn't think they will go down very much.

Procter & Gamble (PG) is raising its dividend but seems to be at a loss on how to pass on higher raw costs. Colgate (CL) and Phillips Van Heusen (PVH) wisely raised prices in anticipation of the raw cost problem, and with a dip in commodities, the margins of these companies will "explode" higher.

There is panic on The Street that the 2008 economic disaster might have a sequel in the near future, but Cramer thinks conditions are different in the current environment. He thinks two of the worst stocks of 2008, National Oilwell Varco (NOV) and Freeport McMoRan (FCX) may be buys, but he would wait for NOV to go lower first, along with the price of oil. FCX may be a buy here on the hand-wringing over Alcoa's quarter.

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Source: Cramer's Stop Trading! How to Trade the 2 Worst Stocks of 2008 (4/12/11)