Jim Cramer Blog

Discuss Hot Stocks, Jim Cramer, Mad Money,the Stock and Option Markets, and the economy on Jim Cramer Blog.

Monday, May 14, 2007

Jim Cramer's Stop Trading May 11th

Valero (NYSE: VLO), Chevron (NYSE: CVX): Cramer declared he's "had enough of Valero" after touting it as cheap for a long time. With the advent of summer driving season, the peak in refinery margins ends, Cramer said. Following its big run, he would sell CVX, which is a stock Cramer was bullish on even as "the shorts were emailing me and calling me a crime against humanity."
JMP Group (NYSE: JMP): Concerning this IPO, Cramer said, "I think this is a great niche investment bank, without a lot of risk ... it's a sleeper."
Cabela's (NYSE: CAB): Cramer said he "got burned" on this ammunition company because people don't drive their gas-guzzling sports utility vehicles 200 miles to go hunting, and he comments this retail stock is the hardest hit by gas prices.
Published By SeekingAlpha

Labels: , , , , ,

This site is not affiliated with Mr. James Cramer, and is not associated with any television networks or broadcasts. Data presented on this site should not be used to make investment decisions and accuracy cannot be guaranteed GRB Holding Co., LLC

;