Cramer's 'Stop Trading!': First Solar
With General Motors (GM) - Get General Motors Company Report facing bankruptcy, who should replace the stock in the Dow?
"I would love it to be
Apple
(AAPL) - Get Apple Inc. Report
," said Jim Cramer on
CNBC's
"Stop Trading!" segment on Wednesday.
Cramer said that the only solar stock he likes is
First Solar
(FSLR) - Get First Solar, Inc. Report
.
"I'm skeptical about Chinese solar plays. I'm not skeptical about First Solar, its management or facilities," he said. "It's the only one I recommend on my show, and I'm sticking with it."
Cramer said that
Polo Ralph Lauren's
TheStreet Recommends
(RL) - Get Ralph Lauren Corporation Class A Report
story is the same as
True Religion's
(TRLG)
. "They're selling wholesale, and they're in Asia and they're in Europe," he said. He said that with many of the apparel companies that don't appear to be doing well, "we don't realize how they're doing in Asia, and that's Ralph Lauren."
At the time of publication, Cramer had no positions in stocks mentioned.
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