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Cramer's Stop Trading: Berkshire Hathaway

Jim Cramer declares on his 'Stop Trading!' segment on CNBC Monday that 'what's good for GM is good for America.'
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NEW YORK (TheStreet) -- Jim Cramer declared on his Stop Trading! segment on CNBC Monday that "what's good for GM is good for America" -- reiterating his belief that all Americans should be able to benefit from the GM IPO.

Meanwhile, Cramer's top stock pick on Monday was

Berkshire Hathaway

(BRK.B) - Get Berkshire Hathaway Inc. Report

-- a "clear" buy.

Cramer said Berkshire's railroad business is "on fire."

On Friday, Berkshire Hathaway said second-quarter profit fell 40%. While the company's derivative losses dominated news headlines following the second-quarter report, Cramer said they were "all wrong."

Cramer said Berkshire's second quarter was one of the company's best operating quarters.

Another one of his picks was


(MCD) - Get McDonald's Corporation Report

, whose earnings are "accelerating," according to Cramer.

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Cramer said McDonald's is a"well-run company" and he's "blown away" by its current menu.

Cramer's Stop Trading!: P&G, GM

Click here for Cramer's Thursday Stop Trading! segment

-- Reported by Andrea Tse in New York


>>08/06 Cramer's Stop Trading!: P&G, GM

>>08/04 Cramer's Stop Trading!: Owens Corning

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>>08/02 Cramer's Stop Trading: Ford, Research In Motion

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