Jim Cramer's Stop Trading! LEND a Hand

12/13/06 - 02:56 PM EST

TheStreet.com Staff

eBay (EBAY Quote - Cramer on EBAY - Stock Picks) is headed to $40 from a recent $32, Jim Cramer said Wednesday on CNBC's "Stop Trading!" segment.

Cramer said the company's plan to charge users of its Skype Internet calling service is huge. Meanwhile, investors have taken to overlooking this once-scorching Internet auction play.

"eBay has gone from being a loved stock to being one people have forgotten about," Cramer said.

Cramer said Apple (AAPL Quote - Cramer on AAPL - Stock Picks) should ride sales of its iPod to $120 from a recent $88.

He also said bears like Street Insight's Doug Kass have got this subprime lending business all wrong. Kass believes underwriting problems could fester and infect the rest of the economy, but Cramer contends that even a crisis in the group will ultimately be good for stocks because it will lead to Fed interest rate cuts.

Cramer said he likes Accredited Home (LEND Quote - Cramer on LEND - Stock Picks) because mortgage applications are spiking.

"They'll have a tough time for many months," Cramer said, but "they have a good model" and a "good core business."

At the time of publication, Cramer had no positions in stocks mentioned.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Listen to Cramer's RealMoney Radio show on your computer; just click here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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