Jim Cramer's Stop Trading! Stock Picks and Comments, 10/4/07: Don't Knock Nokia

by: Miriam Metzinger

Recap of Jim Cramer’s comments on Stop Trading! Thursday October 4. Click on a stock ticker for more analysis:

Nokia (NYSE:NOK), Navteq (NVT) and Motorola (MOT): Cramer would use the decline since the Navteq acquisition as an opportunity to buy NOK, and says that NOK far surpasses competitor MOT.

Capital One (NYSE:COF): This bank may have finished its decline since there is reassuring news from California that the number of defaults will not be overwhelming, says Cramer.

Cisco (NASDAQ:CSCO) and Ciena (NASDAQ:CIEN): Cramer prefers Cisco to Ciena, which he would sell since it has jumped 10 points.

Bank of America (NYSE:BAC), JP Morgan (NYSE:JPM): BAC is inexpensive and should reach $60 from $52, Cramer predicted, adding that JPM's CEO Jamie Dimon is overrated.

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