Recap of Jim Cramer’s comments on Stop Trading! Tuesday November 6. Click on a stock ticker for more analysis:
Caterpillar (CAT), Deere (DE), Emerson (EMR), Parker-Hannifin (PH): Cramer expressed his disappointment at CAT’s conference call and said the economy is no excuse when there are companies like Deere, EMR and PH which are executing “beautifully.” Cramer commented, “I don't like explanations... I want results.”
Under Armour (UA): Concerning Under Armour, Cramer said, “I definitely would have vomited when I saw these insider sales.” Cramer called CEO Kevin Plank’s sale of 1.5 million shares for almost $90 million a betrayal of UA’s shareholders and agrees with Morgan Stanley’s underperform rating.
ExxonMobil (XOM) and FMC (FTI) and Core Labs (CLB): While some were predicting a horrible quarter for XOM, Cramer says it is “right back” at $92. He recommended taking a look at FMC, which dropped 10% after its report and said CLB is an “unbelievable stock” that is $8 from its high. Cramer said, “If you want a real commodity play, it's FTI and it's CLB.”
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