Recap of Jim Cramer’s comments on Stop Trading! Thursday November 16. Click on a stock ticker for more analysis:
NYSE (NYSE:NYX) and CME (NASDAQ:CME), and Nymex: Cramer says that Nymex is a "screaming buy" and would use limit orders to buy shares up to 20 points over its projected price range of $54 to $57. He also commented on how the NYX and the CME have gone up and says "There has never been a bull market like we have in exchanges," he said.
Pepsi (NYSE:PEP) and Kraft (KFT): Cramer would not buy food stocks right now because the run-up ending in October left these companies with big price-to-growth premiums. However, he thanked Pepsi for sending him low-fat snacks in response to his comment about the company's unhealthy food. Such a move proves that the company is not going "to stand still," says Cramer.
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