Jim Cramer's Wall Street Confidential Picks, April 19

Recap of Jim Cramer’s comments on Wall Street Confidential, Thursday April 19. Click on a stock ticker for more analysis:

Altria (MO), Coca-Cola (KO), UnitedHealth (UNH), Humana (HUM), Nokia (NOK), Motorola (MOT)

Cramer lamented that it is "too hard" to invest during earnings season, and had been faced with several disappointments, including Altria's "crummy" quarter which it tried to explain away by citing problems in Germany and Japan; "You buy the stock off the dividend and off the fact that its valuation is so low. But there's no masking a crummy quarter when you've got one," he said, and commented that KO was the winner in this space. Cramer was "flabbergasted" that UNH "totally missed execution" and while it can make money because it has a low mulitple, UNH is no longer a good company, he said. Although UNH blamed high medical costs, Cramer noted Humana is dealing with the same problem and yet is going up. Nokia is doing well only because MOT is doing badly, and while Nokia's quarter wasn't great, Cramer predicts it will go from $24 to $30. He added: "One of the most disheartening things about trying to invest in this environment is that Nokia looked bad, but you had to buy it, and Motorola tried to look good, but you had to sell it."

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