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Semiconductor stocks are a bad bet at the moment, Jim Cramer said on


"Stop Trading!" Friday.

A good quarter from

Texas Instruments

(TXN) - Get Texas Instruments Incorporated Report

"doesn't matter" because "people want out of this group in the summer."

"Tech is what's ailing this market," Cramer said. "They want so badly to get into


(INTC) - Get Intel Corporation Report



(ORCL) - Get Oracle Corporation Report




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, and it's unrequited love."

Cramer was more bullish on


(CMCSA) - Get Comcast Corporation Class A Common Stock Report


News Corp.

(NWS) - Get News Corporation Report



(CBS) - Get CBS Corporation Class B Report


Comcast is emerging as "the new Nasdaq leader" after turning in a great quarter and highlighting the "triple play" of voice, data and video. "It's what the Street wanted and has really turned the tide in favor of cable," Cramer said.

Other Nasdaq leaders could be


(SBUX) - Get Starbucks Corporation Report


Whole Foods


, where earnings multiples that approach 50 "haven't been broken."

Elsewhere, a bullish analyst note Friday from Bear Stearns on


(KO) - Get Coca-Cola Company (The) Report

was a snoozer. "Analysts repeatedly try to get behind Coca-Cola as a changed story," Cramer said, while the "stock is just flatlining." Try


(PEP) - Get PepsiCo Inc. Report


At the time of publication, Cramer had no positions in the stocks mentioned.

Jim Cramer is a director and co-founder of He contributes daily market commentary for's sites and serves as an adviser to the company's CEO. Outside contributing columnists for and, 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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