Recap of Jim Cramer’s comments on Stop Trading! Friday, July 20. Click on a stock ticker for more analysis:
Caterpillar (NYSE:CAT) and Google (NASDAQ:GOOG): Cramer would hold on to CAT and GOOG in spite of their disappointing quarters, and comments CAT's decline is just a "pit stop" on the way to $120. Housing is to blame for Caterpillar's setback, while Cramer says Google is a "show me" stock and needs to redeem itself. However, he has confidence in GOOG's revenue growth.
Clorox (NYSE:CLX): Cramer speculated on the reasons for CLX's huge $65 call buy, commenting he thought of it as a break-up story rather than a take out story. He would not bet on the possibility that someone has inside information on a take out.
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