NEW YORK (TheStreet) -- Jim Cramer noted on his Stop Trading! segment on CNBC Monday that Research In Motion( RIMM) stock was falling even amid a "huge" tech day Monday.
Shares of Research In Motion fell amid reports that key Blackberry services could be cut in Saudi Arabia and the United Arab Emirates over how the company handles encrypted data.
Cramer said that with
happy with the
( MOT) Droid phone and
iPhone, he's not sure where Research in Motion fits in.
Cramer adds that Apple's iPhone antenna problem is not a big deal and underscored the popularity of the devices overseas. On the other hand, Cramer worries about the distributor support for Research In Motion and doesn't think it's a good stock to own.
"The love for RIMM is gone," Cramer declared.
Cramer also said he's not happy with
, which he refers to as a "damaged" story after the company's previous withdrawal from China sent rival
"Google is not a great growth company," Cramer said.
Two European bank stocks Cramer recommended on Tuesday were
( STD) and
, noting that they can get "gigantic" equity offerings. Cramer said that Europe has been doing better as the IMF, France and Germany come in with a united front and that export-driven countries in the region benefit from a weaker euro.
When it comes to auto stocks, Cramer says he likes
, partly because it can offer cheap financing. The stock was higher Monday following a credit upgrade. Cramer also noted that
CEO Ed Whitacre has been doing a "great job."
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-- Reported by Andrea Tse in New York
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