Cramer's Stop Trading!: Google, Baidu

On his Monday 'Stop Trading!' segment on CNBC, Jim Cramer brainstorms what new speculative stock of the year he should pick -- and compares Google versus Baidu.
Author:
Publish date:


NEW YORK (TheStreet) -- On his Monday Stop Trading! segment on CNBC, Jim Cramer was brainstorming what new speculative stock of the year he should pick.

Previously, Cramer recommended

Sallie Mae

(SLM) - Get Report

as his 2009 speculative stock of the year.

Cramer had also recommended

Huntington Bancshares

(HBAN) - Get Report

as a speculative buy, but he says he's seen so much of a run-up in the stock lately that he's now searching for a new one.

And that new one may just be

KKR Financial

(KFN)

. Cramer admitted that KKR isn't your usual speculative buy, given that it's got an attractive yield, and added that he hasn't yet made a definitive decision on this stock.

On Monday,

Citi

(C) - Get Report

added

Google

(GOOG) - Get Report

to its conviction buy list. Also, MKM Partners has upgraded the stock to buy.

The rationale behind the reports, Cramer explained, is that Google used to be a high-multiple stock, but is now a low-multiple stock, "so go buy it;" it's very cheap right now.

But "that doesn't work for me," Cramer asserted.

Cramer added that he thinks that

Baidu

(BIDU) - Get Report

stock is actually more attractive than Google stock right now, given Baidu's strong presence in China.

-- Reported by Andrea Tse in New York

RELATED STORIES:

>>05/21 Cramer's Stop Trading!: Salesforce

>>05/20 Cramer's Stop Trading!: Apple, H-P

>>05/19 Cramer's Stop Trading!: Europe

>>05/18 Cramer's Stop Trading!: Germany, Oil

Copyright 2010 TheStreet.com Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.