Jim Cramer's Stop Trading! Stock Picks and Comments, April 25
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Black & Decker (BDK), Eastman Chemical (EMN), Monsanto (MON), Dupont (DD), Nova Chemicals (NCX), Amazon (AMZN), Corning (GLW), EMC Corp. (EMC), Sepracor (SEPR) and Amazon (AMZN): Cramer predicted "we will be up 1,000 points by the end of this summer" and called this his "conservative forecast." The reason is that stock supply has "all been sucked up" while demand is sending stocks like BDK up ten points from $82 to $92. Cramer commented on NCX's 12% rise, and said even EMN, a sluggish company, is up, although he wouldn't buy it. He observes DuPont's Pioneer Hybrid purchase is finally paying off, and GLW, which was pessimistic, is increasing supply. Other stocks on a "breakout" included EMC Corp, Sepracor and Amazon; "Do you know that there are hedge funds being put out of business today, because of AMZN?" Cramer said, and suggested that short-sellers "Jump out the window."
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