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Tuesday, July 31, 2007

Jim Cramer's Stop Trading July 30th

Honeywell (NYSE: HON - News), Corning (NYSE: GLW - News), Schlumberger (NYSE: SLB - News), United Technologies (NYSE: UTX - News) and Boeing (NYSE: BA - News): After Friday's selloff which was sparked by a trading glitch, Cramer took another look at companies with outstanding earnings reports, and concluded HON, GLW and SLB are buys as well as UTX and BA which benefitted from overseas exposure. Cramer believes if the glitch had not happened, there might have been a rally on Friday instead of a selloff.

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