Jim Cramer's Wall Street Confidential Picks, April 26
Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightning Round, Stop Trading and his Wall Street Confidential Picks.Apple (AAPL), Monster Worldwide (MNST), Gannett (GC), New York Times (NYT), Google (GOOG)
Even Apple's fantastic numbers could not bring up the Nasdaq Composite because tech is not yet in in bull mode; "I regard Apple very much as a fashion show stock, meaning that it is a trend stock and not necessarily linked to PC users," Cramer said. He added the stagnation in the Nasdaq is normal following a run-up and the S & P 500 is " a source of gravity" and "a source of propulsion." Concerning the Federal Reserve, the bulls hope it notices that any company more than 70% domestic has done poorly. One such stock is MNST which he sees as a potential takeover and a "way out" for GC's struggling newspaper business. He commented both MNST and NYT discussed the lackluster internet advertising, and Cramer declared GOOG the winner in such declines; "The reason why it's bad for everyone else is that Google offers more value."
Get Cramer's Picks by email -- it's free and takes only a few seconds to sign up.
Seeking Alpha is not affiliated with Jim Cramer, CNBC or TheStreet.com
Related Articles
|
Trading Center
Hedge Fund Jobs
Job Seekers: Search jobs by category, get job alerts by email or live feed, apply online See full list of jobs »
Employers: See all recruitment options, get applications online or by email Post a job »



More by SA Editor Miriam Metzinger
Articles on related themes
Cramer's Picks