Jim Cramer's Wall Street Confidential Picks, Feb. 13

Recap of Jim Cramer’s comments on Wall Street Confidential, Tuesday February 13. Click on a stock ticker for more analysis:

Alcoa (AA), Rio Tinto (RTP), BHP Billiton (BHP), 3M (MMM), General Motors (GM)

Alcoa is caught up in the frenzy of buying "undermanaged companies" in the minerals sector, and Cramer thinks that RTP is a more likely suitor for AA than BHP Billiton, since he doubts that it will have the "wherewithal to do the Alcoa deal" given its huge return it is giving its shareholders. Despite 3M's $2 gain, Cramer doesn't think its buyback is a good strategy, since 3M reported a "really bad" quarter, and thinks that management should invest the money in improving its business. Cramer would use the short-term gain as a selling opportunity. When Gregg Greenberg commented that GM is reaching record highs, Cramer says that while he thought it was a good move to get out of GM after Jerry York's departure, he likes the fact that it is deciding to transcend the "largest car company" mindset. By aiming lower, GM will "lose its bragging rights, but it will make more money for its shareholders," Cramer said.

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