Cramer's 'Stop Trading': Google, RIMM - TheStreet

Cramer's 'Stop Trading': Google, RIMM

Jim Cramer says the recent BlackBerry outages may push some users to try Google's Android.
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NEW YORK (

TheStreet

) -- The BlackBerry outage last night could be good news for

Google's

(GOOG) - Get Report

Android phone, Jim Cramer said during his

Stop Trading

segment on CNBC Wednesday.

Cramer said most BlackBerry users get their devices through

Verizon

(V) - Get Report

. In that case, if they plan to stay with the service, they may decide to sample the Droid.

But Cramer did say that

Research in Motion's

(RIMM)

BlackBerry is such a beloved product among consumers that investors shouldn't be quick to dismiss the company.

Bristol-Meyers Squibb

(BMY) - Get Report

said Wednesday that it cut its full-year outlook due to the spinoff of

Mead Johnson Nutrition

(MJN)

.

But Cramer urged investors to buy and hold Bristol-Meyers stock. "This was not a real earnings decline, just an adjustment," he said.

The company still has prospects for high-yield growth through acquisitions. Also, its CEO is a real moneymaker, Cramer said, and healthcare reform is a good thing for pharmaceutical companies.

WellPoint

(WLP)

is another healthcare name recommended by Cramer.

While the market was disappointed about the housing numbers released this morning, Cramer said it wasn't that bad. He's looking for equilibrium in the housing sector; as of now, few new homes are being built and foreclosures are being worked off.

-

Reported by Jeanine Poggi in New York.

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