Jim Cramer's Stop Trading! Stock Picks and Comments, 8/17/07

Recap of Jim Cramer’s comments on Stop Trading! Friday August 17. Click on a stock ticker for more analysis:

Schlumberger (SLB), Texas Instruments (TXN), Google (GOOG), Cisco (CSCO), Intel (INTC), RIM (RIMM), EMC (EMC): With the Fed's rate cut, Cramer says people are now focused on what to buy, and sees SLB as a likely candidate, since it is trading at 17 times earnings estimates. Currently SLB is at 88, and Cramer thinks it may rally to 95. He also would buy TXN which has "the most aggressive buyback on the NYSE," and would pick up other quality tech names such as GOOG, CSCO, INTC, RIMM and EMC.

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