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Wednesday, October 03, 2007

Jim Cramer's Stop Trading Oct. 2nd

Buy Wachovia (WB), Jim Cramer said Tuesday on CNBC's Stop Trading! segment.
Cramer said the bank stock's 5% dividend yield makes it a "steal" and a play for those who believe the recent rally in homebuilding stocks has legs.
Wachovia is "cheap" and "could go up 5 quick points," Cramer said.
Cramer also likes Apple (AAPL), saying iPhones and iPods are flying off the shelves, and Google (GOOG), where Cramer said earnings estimates are "way too low." Cramer sees Google going to $600 from a recent $594.

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