Jim Cramer's Stop Trading! Stock Picks and Comments, 7/6/07

Recap of Jim Cramer’s comments on Stop Trading! Friday July 6. Click on a stock ticker for more analysis:

Intel (INTC), Cisco (CSCO), Ciena (CIEN), Hewlett-Packard (HPQ), Dell (DELL), IBM (IBM): Cramer doesn't think bullish tech investors are throwing caution to the wind, in spite of indications from the bond market that the economy may be tightening; "Somehow they're not scared. ... It's a reversion to the days when we had growth and we paid for it." He commented on the tech rally that included INTC, CSCO, CIEN and HPQ and said DELL and IBM would see margin expansion because of the decrease in the price of components.

Union Pacific (UNP): Concerning UNP, Cramer said; "It cut its numbers, and the stock goes higher. This is the power of the rally." He praised the railroad industry for limiting competition by designated areas on the country for specific companies and added the sector, unlike trucking, has pricing power and a long-term growth story.

Home Depot (HD): Cramer says HD is "ready to roll" and not merely because of its buyback, but because the stock actually has "real buyers" now.

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