Jim Cramer's Stop Trading! Stock Picks and Comments, April 12

Recap of Jim Cramer’s comments on Stop Trading! Thursday April 12. Click on a stock ticker for more analysis:

Dow Chemical (DOW): Cramer says it seems fishy that DOW is up 3 % after the firing of two executives who were involved in an unauthorized leveraged buyout. He suspects that one of the dismissed executives, former finance chief Pedro Reinhard, will lead a bid for DOW. "Where there's smoke, there tends to be a gigantic 200-million-acre conflagration," Cramer said. He criticized chief Andrew Liveris, who is also on the board of Citigroup as "pro status quo."

Pepsico (PEP) Gap Inc. (GPS): Cramer praised Sanford Bernstein's upgrade of PEP on its "Frito-Lay number, going from 5.5% to 7.0% with raw costs coming down" and was happy to see some decent homework. Gap's "Old Navy is back!" declared Cramer.

MGIC Investment Corp. (MTG): This stock is up, and Cramer expressed his disbelief, particularly because the company insures sub-prime mortgages; "That's not a business I want to be in," he said.

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