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Cramer's 'Stop Trading': Oracle, Darden

Jim Cramer says he would be a buyer of shares over Oracle.



) -- Jim Cramer was impressed with


(ORCL) - Get Report

conference call today, but he wouldn't be a buyer of the stock, he said during his

Stop Trading

segment on CNBC.

After the closing bell Thursday, Oracle reported profit and sales that topped Wall Street's expectations and said that it's taking market share from


(MSFT) - Get Report


But shares of Oracle have gained too much speed, Cramer said, reaching a 52-week high earlier in the day. Instead he would buy Oracle competitor

(CRM) - Get Report


Cramer was also impressed with

Darden Restaurant's

(DRI) - Get Report

outlook. The owner of Red Lobster and Olive Garden, among other chains, posted

better-than-expected second-quarter earnings

. It predicted profit growth for the full-year on weaker-than-expected sales.

Darden CEO Clarence Otis also made the call that recession-stung consumers would soon begin to dine out more. Cramer agreed, citing Darden's steak restaurants, where business has been picking up steam.

If investors are looking for a company comparable to

XTO Energy


TST Recommends

, which recently struck a deal to be acquired by


(XOM) - Get Report

, they should look to

Chesapeake Energy

(CHK) - Get Report

, Cramer said.

Goldman Sachs upgraded


(BP) - Get Report

, one of the companies that does business with Chesapeake. Cramer owns BP shares in his

Action Alerts PLUS

charitable trust.

Cramer also mentioned



, a biotech firm whose founder is calling for the

resignation of the company's CEO and chairman

, Henri Termeer.


Reported by Jeanine Poggi in New York.

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