Recap of Jim Cramer’s comments on Stop Trading! Tuesday October 24. Click on a stock ticker for more analysis:
AT&T (NYSE:T) and Comcast (NASDAQ:CMCSA): "We used to hate both of them" Cramer said referring to the fierce competition between AT&T and Comcast and their poor returns. However, now they have good cash flow and are "best in show" as the economy slows down, according to Cramer.
Atheros (NASDAQ:ATHR) and Texas Instruments (NYSE:TXN): Cramer is not thrilled about semiconductors in general and recommends getting rid of ATHR since he is concerned about the CEO's guarded comments in an interview. "He could have told a better story," Cramer said, especially since the stock is up 40%. He was also disappointed with TXN's report.
Ameritrade (NASDAQ:AMTD): Cramer admitted to making a mistake when he predicted that AMTD would go up from $16 to $19 when the company fell to $15.63 because of weak earnings; "I thought they would deliver a better quarter," he said.
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