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Cramer's 'Stop Trading!': IBM's Momentum
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Before former Wal-Mart(WMT Quote) CEO Lee Scott left the position in January, he "really changed the look and feel of Wal-Mart in a very successful way," said Jim Cramer on Thursday's "Stop Trading!" segment on CNBC. "I think there's a lot of room to run here. I think this is a very exciting story again."
Cramer also said he preferred McDonald's(MCD Quote) to Burger King(BKC Quote). "McDonald's is much better," he said. It "has been brought down since it reported that great quarter." He also said he liked IBM(IBM Quote). "IBM's got great momentum here, and with tech stocks, momentum matters huge," he said. "This stock could go to $110 and it wouldn't be expensive." Cramer said he thought IBM "is only going to get better."Recent Comments
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