Jim Cramer's 'Stop Trading!': Buy Starbucks

Stock quotes in this article: SBUX , MCD , WB , BIIB , UA , CROX  

Buy Starbucks (SBUX Quote), Jim Cramer advised on CNBC's "Stop Trading!" segment Friday.

Cramer predicts that "in 15 months Starbucks will be substantially higher." He likened the coffee chain to McDonald's (MCD Quote) when that company was turned around.

Friday marked the one-year anniversary of Cramer's infamous "they have no idea!" rant of the Fed and the economy. As for where we stand now, Cramer said he believes the bottom is in and we will not go below the July 15 lows.

Moving on, Cramer said, "I just think things are better," referring to Wachovia (WB Quote), moving from $8-$9 to $18-$19 on "takeover rumors."

In health-care stocks, Cramer said he "can't find a pipeline," that is intriguing and he "could not find one reason" to buy Biogen (BIIB Quote).

Cramer said he sold some of Schering-Plough (SGP Quote) position for his Action Alerts PLUS charitable trust, he thinks "it's great," and "people like this stock."

Discussing Under Armour (UA Quote), Cramer said "now, it's an inexpensive stock" and "I no longer want to sell this." He said that it was overvalued and he now believes it is bottoming.

A brief mentioning of Crocs (CROX Quote) prompted Cramer to say it is "completely and utterly finished," and it reminds him of boy-band, Hanson.

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At the time of publication, Cramer was long McDonald's and Schering-Plough.

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. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his 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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