This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Cramer's 'Stop Trading': Buy Apple

Stocks in this article: AAPL PAYX BHI AXP WFT T IP

NEW YORK ( TheStreet -- February's job report, which came in better-than-expected, is a good segue way into buying Paychex (PAYX), which has a 4% yield, Jim Cramer said during Friday's Stop Trading! segment on CNBC.

Cramer also said investors need to start paying attention to Baker Hughes (BHI). The driller increased its U.S. rig count by 23%.

Cramer said the driller is "red hot," and is in a sector worthy of attention. "When you see this demand for drilling, they can raise prices," he said. "Earnings will be through the roof ... analysts are not keeping pace, and estimates are low."

Cramer declared Weatherford (WFT) to be another way to play the oil sector.

Cramer says the right time to trade Apple (AAPL) is from right before it announces a new product through when the consumer has the product. Once the consumer has the product you sell, because it is at its peak.

Using that method, investors should own Apple from now until April 3, sell the stock right before the iPad hits the market, and then come back in when the press says it wasn't worth the hype, "because they will be wrong."

Cramer said the price of the iPad is reasonable and notes that it will have Wi-Fi, so you won't have to tether into AT&T (T).

"Corporations are readying for it. This is the biggest product Apple has ever had," Cramer said

Shifting sectors, Cramer noted that Temple-Inland (TIN) and International Paper (IP) are wonderful plays on container boards. When container boards are rampant, that means the economy is getting much better, Cramer argued, using it as a sign for the health of the economy.

Cramer also said that he is bullish on the economy as rail-card loadings, price of lumber, gold and copper are all going up. "All I ever hear about is everything is because of China," he said. "No, it's not just China. There are a lot of areas in the economy getting stronger."

Cramer noted that consumers are now going to Home Depot (HD) and the retailers, and he says that a play on consumer spending where they aren't buying homes or big-ticket items is American Express (AXP).

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs