Cramer's Stop Trading! The Biggest Value Creator Since Buffett (12/14/09)

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Includes: AAPL, GOOG, XOM, XTO
by: Miriam Metzinger

Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Monday December 14.

Apple (NASDAQ:AAPL), Google (NASDAQ:GOOG), XTO Energy (XTO), Exxon Mobil (NYSE:XOM)

The purchase of natural gas company XTO Energy (XTO) by Exxon Mobil (XOM) was Monday's big news, and Cramer had a few words to say about XTO CEO Bob Simpson's compensation. If Simpson has not sold the company, he would have retired with a mere 6 million compared to the $170 million he will receive as the result of the deal. While some investors are crying foul, Cramer defended the generous compensation for Simpson; "He built this company," Cramer said. "He created more value than anyone else I can recall in my life other than Warren Buffett. Let's make scoundrels out of the people who drove their companies down."

"Are we saying [Simpson] should have retired without selling the company and let the stock drift?" Cramer continued. "We can't hate everyone who has done well. If you built a company and made a fortune, God love you."

There are worries on The Street that Google's (GOOG) Nexus will be a threat to Apple's (AAPL) iPhone, especially with complaints about AT&T's (NYSE:T) service. Cramer isn't concerned about Apple, and thinks the iPhone will be like the iPod in terms of market share. It won't be difficult for Apple to find other carriers besides AT&T, especially if AT&T doesn't build more towers.

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