Jim Cramer's Stop Trading! Stock Picks and Comments, 6/5/07

 |  Includes: ADM, DAKT, GD, LAMR
by: Miriam Metzinger

Recap of Jim Cramer’s comments on Stop Trading! Tuesday June 5. Click on a stock ticker for more analysis:

On the Fed:Cramer reiterated his prediction that the Fed will cut interest rates, despite the recent rise. He thinks it is "too early" to say a cut isn't possible, and a slowing U.S. economy should convince the Fed to make a reduction.

Lamar Advertising (NASDAQ:LAMR) and Daktronics (NASDAQ:DAKT): Cramer said he sold LAMR because he is concerned that flashing billboards may not be so popular; "We have too many distractions already." He also noted DAKT, which makes the boards, is not doing well.

Archer Daniels Midland (NYSE:ADM): After ADM's "really horrible quarter" Cramer confesses he was wrong to get behind this company; "I thought that they had congressional mindshare."

General Dynamics (NYSE:GD): Concerning worries about nukes and China, Cramer said, "I would buy GD. GD is my cold war play."

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