Wall Street Confidential Picks, April 23

Recap of Jim Cramer’s comments on Wall Street Confidential, Tuesday April 24. Click on a stock ticker for more analysis:

NYSE Euronext (NYX), Nasdaq (NDAQ), Chicago Mercantile (CME)

In spite of a downgrade by Goldman Sachs, Cramer is still bullish on NYX because "Euronext has the ability to be able to get into derivatives and futures." However, Citigroup rated NYX up with a "very good report." because it was looking at the global picture. Cramer gives NDAQ as an example of a company that is not doing as well because it lacks the European component and "Europe's a much more robust place." He said CME was good; "The hedge funds love to short these stocks and the mutual funds love to own them. That dynamic is always going to drive a stock higher."

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