Jim Cramer's Stop Trading! Sell New York Times
Sell
New York Times
(NYT) - Get Report
, Jim Cramer said Wednesday on CNBC's Stop Trading! segment.
Cramer likened the newspaper publisher to a university and said "you can't own it" because the business needs to be downsized and the dividend is likely to be cut.
Cramer likes
Freeport McMoran
(FCX) - Get Report
because it's a good international commodity play.
Cramer likes
Lundin Mining
(LMC)
, which he called the best play on industrial demand for lead.
Cramer says "enough is enough" at
Chipotle
(CMG) - Get Report
, whose shares have more than doubled this year at a recent $123. But he likes
Coke
(KO) - Get Report
, which he said is going to $60 Friday from a recent $58.53.
At the time of publication, Cramer had no position in stocks mentioned.
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