Cramer's Stop Trading! Apple's Next Big Thing for the Holidays (11/18/10)

Includes: AAPL, CMG, GM, GOOG
by: Miriam Metzinger

Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Thursday November 18.

Apple (NASDAQ:AAPL), Chipotle (NYSE:CMG), GM (NYSE:GM), Google (NASDAQ:GOOG)

The big news is still the GM (GM) IPO which dipped in price. "We've been saying $34 is a great place to buy." He thinks the reason for the drop is investors who couldn't get their hands on enough shares to make significant money flipped the stock. While Treasury has 500 million more GM shares to sell, Cramer isn't worried this sell-off will drive down the price of the stock, given the company's strong cash flow.

The next big thing for the holidays is Apple (AAPL) TV which may edge out Google (GOOG) TV. At just $99, Apple TV is easier to use than Google's product. However, Google is not a sell, but should still be bought.

Cramer isn't worried about the downgrade of Chipotle (CMG) since there is nothing in the downgrade that is negative about the company but just about valuation.


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