Cramer's Stop Trading! Netflix Is a Great Battleground (5/18/11)

by: Miriam Metzinger

Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Wednesday May 18.

LinkedIn (NYSE:LNKD), Netflix (NASDAQ:NFLX) JoyGlobal (JOYG), Peabody (BTU)

Cramer predicted a pop for Netflix (NFLX), which rose nearly 5.5 points on Wednesday, following the valuation for the IPO of LinkedIn (LNKD). He thinks Neftlix looks cheap in comparison, and called Netflix "one of the great battlegrounds," since it is well-loved, but tends to attract shorts.

On news of the coal shortage in China, Cramer would buy JoyGlobal (JOYG) and Peabody (BTU), which mines in Australia. Even though the coal charts don't look promising, "chartists have not made money in this environment," and he would buy coal stocks on any dip.


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