Jim Cramer's Stop Trading! 11/1/07: European Carnival

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Includes: BSC, CCL, KO, MBI, MO, NCR, PEP, RCL, TDC
by: Miriam Metzinger

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

Altria (NYSE:MO), Coke (NYSE:KO), Pepsi (NYSE:PEP):
Cramer says worries about recession that fueled the rate cut may mean that it is time to buy defensive stocks such as MO, KO and PEP.
MBIA (NYSE:MBI) and Bear Stearns (NYSE:BSC): Commenting that housing prices are more indicative of the strength of the consumer than job numbers, Cramer urged viewers to avoid mortgage stocks like MBIA. He added a sanguine attitude about the economy based on good job numbers was behind the demise of two of BSC's hedge funds.
Carnival (NYSE:CCL), Royal Carribbean (NYSE:RCL), NCR (NYSE:NCR), Teradata (NYSE:TDC): Because of it global exposure, CCL is preferable to RCL. He added NCR is a buy as it spins off its stake in TDC.

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