Jim Cramer's Stop Trading! Sell New York Times

Cramer says the business and the dividend are both in jeopardy.
Author:
Publish date:

Sell

New York Times

(NYT) - Get Report

, Jim Cramer said Wednesday on CNBC's Stop Trading! segment.

Cramer likened the newspaper publisher to a university and said "you can't own it" because the business needs to be downsized and the dividend is likely to be cut.

Cramer likes

Freeport McMoran

(FCX) - Get Report

because it's a good international commodity play.

Cramer likes

Lundin Mining

(LMC)

, which he called the best play on industrial demand for lead.

Cramer says "enough is enough" at

Chipotle

(CMG) - Get Report

, whose shares have more than doubled this year at a recent $123. But he likes

Coke

(KO) - Get Report

, which he said is going to $60 Friday from a recent $58.53.

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

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

Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click

here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click

here to order his book, "Real Money: Sane Investing in an Insane World," click

here to get his second book, "You Got Screwed!" and click

here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by

clicking here.

TheStreet.com has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from TheStreet.com.