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Thursday, July 12, 2007

Jim Cramer's Stop Trading July 11th

Best Buy (NYSE: BBY - News), Circuit City (NYSE: CC - News) and Costco (NasdaqGS: COST - News): BBY is not the best buy because warnings from Home Depot and Sears. While Cramer searched desperately for a reason to be bullish on CC, he couldn't find one. COST is Cramer's favorite warehouse retailer because it is where "the rich people shop."
Whirlpool (NYSE: WHR - News) and Black & Decker (NYSE: BDK - News): Cramer would avoid these stocks because he doesn't envision a housing turnaround in the near future.

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