Recap of Jim Cramer’s comments on Stop Trading! Tuesday May 23. Click on a stock ticker for more analysis:
*Apple (NASDAQ:AAPL) and Nike (NYSE:NKE): The Apple-Nike iPod partnership is going to be beneficial for both companies, says Cramer, and he noted a 2-point gain in Nike stock and heavy call-buying in Apple. However, he says that Apple needs to "play catch up" with Nike.
*Heinz (HNZ) and Campbell's Soup (NYSE:CPB): Heinz jumped 5% after management was confronted with a call to action. Cambell's soup showed solid earnings.
*Southern Copper (PCU): Cramer recommends selling this stock, recently up 5%, due to the unsteady political situation in Peru.
*Alcoa (NYSE:AA): The stock is down $2 after a solid earnings report. Cramer says that it has received "no respect" since former CEO, Paul O'Neill, joined the Bush Administration.
*Human Genome (HGSI): Cramer believes that this stock is underrated.
*Fannie Mae (FNM): Cramer criticized the Fannie Mae-SEC settlement, saying that the executives who were responsible for the accounting glitches, along with ex-CEO Franklin Raines, have not returned any of their multi-million dollar bonuses.
More: Cramer's latest stock picks, including: Mad Money Recap, Lightening Round, Stop Trading and his Radio Show.