Cramer's Stop Trading! Zombie Stocks (11/21/08)

by: SA Editor Miriam Metzinger November 22, 2008 | about stocks: AIG / C / F / PEP / TGT / WMT / XTO    
Miriam Metzinger

SA Editor
Miriam Metzinger

About this author:
Become a Contributor Submit an Article
  • Font Size:
  • Print

Stocks discussed in Cramer's Stop Trading! TV program, Friday November  21

Citigroup (C), AIG (AIG), Ford (F)
 
Although Citigroup is being battered by the shorts, Cramer doesn’t think the bank will be allowed to go out of business. However, Citi, AIG and Ford are basically “zombie stocks” staggering along at absurdly low prices.
 
Wal-Mart (WMT), Target (TGT)
 
Cramer is disappointed that CEO Lee Scott is leaving Wal-Mart after completely turning the giant retailer around and making it a pleasant place to shop. He was hoping Scott would stay at least another six years at the helm of Wal-Mart, which has soundly beaten its rival Target.
 
Pepsico (PEP), XTO (XTO)
 
Cramer still likes Pepsi as a recession-resistant stock and says it works in emerging market countries because those spots are “cash.” However, he is a bit cautious, because Pepsi is in among food stocks that are “under pressure” because they haven’t been hit yet. Cramer would keep an eye on XTO as we go into winter, and praised CEO Bob Simpson. Even in a recession, “we will still turn the heat on,” said Cramer.
 
Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightning Round and his Stop Trading! Picks.

Get Cramer's Picks by email-- it's free and takes only a few seconds to sign up.

Seeking Alpha is not affiliated with Jim Cramer, CNBC or TheStreet.com

Related Articles

This article has 12 comments:

  •  
    Nov 22 07:44 PM
    XTO will go back to 40 or so...it always has. Very smart CEO, spending on infrastructure, planning ahead. Even Rahm Emanuel likes the idea of Natural Gas cars. Check it out.
    Reply | Link to Comment
  •  
    Nov 22 10:19 PM
    who is this Cramer. He sounds like he be one sandwich short of a picnic. Company's like foreign own Citigroup pumping out credit cards faster than kits from rabbits. Wal*Mart that has their Purchasing Department in China and put 95% China items in the stores there so that the nice people of China can do nothing but support their country. Pesticide flavored soda from Pepsico in India, cheap gas not high coming up the pipes of XTO Energy and tat store with the bullseye couldn't get a consumer tat wus three sheets in the wind to visit. Maybe tat Cramer person doesn't get out much cause if he don't know the difference between a snake and bull when it comes to whips bout the only thing he'll crack is wind.
    Support Your Town....Shop Around.
    American Made.........Priceless...
    Reply | Link to Comment
  •  
    Nov 23 02:39 AM
    GET REAL UNION MAN! $152,000.00 for auto worker...next destroyed American industry aerospace like ..coal,garment,auto's,... all union destroyed!


    On Nov 22 10:19 PM madmilker wrote:

    > who is this Cramer. He sounds like he be one sandwich short of a
    > picnic. Company's like foreign own Citigroup pumping out credit
    > cards faster than kits from rabbits. Wal*Mart that has their Purchasing
    > Department in China and put 95% China items in the stores there so
    > that the nice people of China can do nothing but support their country.
    > Pesticide flavored soda from Pepsico in India, cheap gas not high
    > coming up the pipes of XTO Energy and tat store with the bullseye
    > couldn't get a consumer tat wus three sheets in the wind to visit.
    > Maybe tat Cramer person doesn't get out much cause if he don't know
    > the difference between a snake and bull when it comes to whips bout
    > the only thing he'll crack is wind.
    > Support Your Town....Shop Around.
    > American Made.........Priceless...
    Reply | Link to Comment
  •  
    Nov 23 08:20 AM
    I can't believe you guys are still covering Cramer. He's proved he hasn't got aclue about investing.
    the Gurus at MarketGuru do a better job..
    Why are you giving him coverage at all?
    Reply | Link to Comment
  •  
    Nov 23 08:31 AM
    He's entertaining, and often times enlightening. However, he's not the bible of securities......I don't know who is.
    Reply | Link to Comment
  •  
    Nov 23 09:40 AM
    Dear Cramer,

    You don't think Citi will be allowed to close business. You are right, they won't be allowed to do so. But they will do it...

    Because they are too big to fail, they are also to big to be saved.

    AIG is a dwarf compare to Citi.

    How much for that bailout please ?????


    Gilbert.:
    Reply | Link to Comment
  •  
    Nov 23 10:31 AM
    Cramer is more of a how to think rather than a what to do type of guy. He is a perfect devil's advocate type if you ever have doubts about when to pull the trigger on a buy or sell. Learn to have fun!
    Reply | Link to Comment
  •  
    Nov 23 11:30 AM
    WHY ARE YOU GUYS LISTENING TO CRAMER? DID YOU KNOW CRAMER IS TRYING TO SELL BOOKS?
    Reply | Link to Comment
  •  
    Nov 23 11:54 AM
    Gilbert; nice reality check. C's a little more than double AIG total and current assets. AIG has 1,049,876,000 total assets
    C has 2,050,469,000
    In fiat currency it's all monopoly money anyway except that we agree that it has value.
    Reply | Link to Comment
  •  
    Nov 23 12:28 PM
    They do not actually give them money...they call and say how much do you need. Citi will tell them ...they will say okay and hang up...that is it..a verbal guaranteed....citi will then take that amount of credit and leverage it by 100 times and loan it out.....thus the world keeps turning and churning.
    What do you think money is any ways...nothing but a guranteed by those who prints it.


    On Nov 23 09:40 AM Gilbert A... wrote:

    > Dear Cramer,
    >
    > You don't think Citi will be allowed to close business. You are right,
    > they won't be allowed to do so. But they will do it...
    >
    > Because they are too big to fail, they are also to big to be saved.
    >
    >
    > AIG is a dwarf compare to Citi.
    >
    > How much for that bailout please ?????
    >
    >
    > Gilbert.:
    Reply | Link to Comment
  •  
    Nov 23 02:05 PM
    The coal industry has been destroyed? It has been crippled by the environmentalists but it hasn't been destroyed. That will be accomplished by Barrack The Sock as he claims he will do.
    The garment industry in the US couldn't compete with chinese workers making cents per hour. Union and non-union alike can't compete with such cheap labor.
    For the auto big three to survive they must file for chapter 11 protection. They will become much stronger companies.
    Unions don't destroy. They get all they can for their members. It's mamagements job to limit what unions receive. In other words they must do their job.


    On Nov 23 02:39 AM old guy wrote:

    > GET REAL UNION MAN! $152,000.00 for auto worker...next destroyed
    > American industry aerospace like ..coal,garment,auto's,... all union
    > destroyed!
    Reply | Link to Comment
  •  
    Nov 23 08:14 PM
    Cramer may have done the number on annuity paying insurance companies on Thursday November 13, 2008.

    www.cnbc.com/id/158402...
    Reply | Link to Comment
More Comments on C ยป
Top Rated Comment Streams:

Numbers are net rating-

See all Top 100 »
More by SA Editor Miriam Metzinger

Investment Resources
Money Management
Research
Seeking Alpha provides these ads as a service to its leading contributors
Articles on related themes
Long Ideas
Cramer's Picks
Today's Market
Bonds