Cramer's Stop Trading! Things Aren't Great (10/2/09)

by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Friday October 2.

Wal-Mart (NYSE:WMT), Target (NYSE:TGT), Best Buy (NYSE:BBY), Apple (NASDAQ:AAPL), Google (NASDAQ:GOOG), Microsoft (NASDAQ:MSFT), Research in Motion (RIMM), Pepsi (NYSE:PEP), Accenture (NYSE:ACN)

From a Wall Street Journal interview with Wal-Mart CEO Mark Duke, Cramer concluded, "things aren't great." With the bullish attitude of the market this summer, Cramer expected better news from the retail giant, which he sees as a bellwether for the economy because "they are just too darn good."

Apple continues to be a great secular grower and is taking market share from Research in Motion. After much ado about Microsoft's Bing, Google is gaining back some lost ground. Cramer thinks Microsoft and Google will have “substantially better-than-expected earnings”

Cramer thinks Pepsi made a smart move buying two of its bottlers and says "the outsourcing game is stronger than ever" after Accenture received two upgrades in spite of a disappointing fourth quarter.


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