, Jim Cramer advised on
"Stop Trading!" segment Friday.
Cramer predicts that "in 15 months Starbucks will be substantially higher." He likened the coffee chain to
when that company was turned around.
Friday marked the one-year anniversary of Cramer's infamous "they have no idea!" rant of the
and the economy. As for where we stand now, Cramer said he believes the bottom is in and we will not go below the July 15 lows.
Moving on, Cramer said, "I just think things are better," referring to
, moving from $8-$9 to $18-$19 on "takeover rumors."
In health-care stocks, Cramer said he "can't find a pipeline," that is intriguing and he "could not find one reason" to buy
Cramer said he sold some of
position for his
charitable trust, he thinks "it's great," and "people like this stock."
, Cramer said "now, it's an inexpensive stock" and "I no longer want to sell this." He said that it was overvalued and he now believes it is bottoming.
A brief mentioning of
prompted Cramer to say it is "completely and utterly finished," and it reminds him of boy-band, Hanson.
At the time of publication, Cramer was long McDonald's and Schering-Plough.
Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for
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