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Tuesday, July 17, 2007

Jim Cramer's Stop Trading July 16th

Sprint (NYSE: S - News) and Verizon (NYSE: VZ - News): On the report that Vodaphone may make a bid for VZ, Cramer would buy Sprint since "Vodaphone is saying cell phone networks are worth a lot of money." He thinks Sprint may be bought by private equity or "someone who needs to have another network in America." Concerning Verizon's CEO, Ivan Siedenburg, Cramer said, "He's done a great job with triple play. He's an underestimated man from day one."
Coca-Cola (NYSE: KO - News): Cramer reiterated Coke is the "ultimate weak-dollar play" and predicts the stock will reach $55 or $56 by the end of the week.
Moody's (NYSE: MCO - News) and McGraw-Hill (NYSE: MHP - News): Cramer would short MCO by being long MHP since the latter company, which owns Standard and Poor's is "a better outfit that's more diversified."

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