Recap of Jim Cramer’s comments on Stop Trading! Friday May 11. Click on a stock ticker for more analysis:
Valero (NYSE:VLO), Chevron (NYSE:CVX): Cramer declared he's "had enough of Valero" after touting it as cheap for a long time. With the advent of summer driving season, the peak in refinery margins ends, Cramer said. Following its big run, he would sell CVX, which is a stock Cramer was bullish on even as "the shorts were emailing me and calling me a crime against humanity."
JMP Group (NYSE:JMP): Concerning this IPO, Cramer said, "I think this is a great niche investment bank, without a lot of risk ... it's a sleeper."
Cabela's (NYSE:CAB): Cramer said he "got burned" on this ammunition company because people don't drive their gas-guzzling sports utility vehicles 200 miles to go hunting, and he comments this retail stock is the hardest hit by gas prices.
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