Recap of Jim Cramer’s comments on Stop Trading! Thursday June 5.
Yum! Brands (NYSE:YUM): While other food stocks are being hit because of high oil prices and rising raw costs, Yum Brands remains the best China play because of its aggressive store expansion, said Cramer. He predicts the stock will go higher than $45.
Sterlite Industries (SLT): Cramer would buy SLT aggressively, since copper demand in India is surpassing supply.
Vale (NYSE:RIO): This South American company is actually a play on Chinese demand for minerals. Cramer says the stock is cheap but is headed to $44.
Monsanto (NYSE:MON): Monsanto has reached its 52-week high, but that is no reason to shy away from the seed giant which should hit $150, according to Cramer.
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