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Jim Cramer's Stop Trading! Nipping at Nymex

Stock quotes in this article: NYX , CME  

The Nymex IPO is looking like a screaming buy, Jim Cramer said Thursday on CNBC's "Stop Trading!" segment.

Cramer said he would use limit orders Friday to buy shares of the commodity exchange up to 20 points above its expected pricing range of $54 to $57. The offering is expected to be priced tonight and to open trading tomorrow.

Cramer cited the strong gains in other exchanges, such as the NYSE (NYX Quote) and the Chicago Mercantile Exchange (CME Quote). ...

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