Jim Cramer's Stop Trading! Secular Temples

Like Starbucks and Whole Foods, Panera provides an experience people will pay up for, he says.
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Panera

(PNRA)

is a "secular temple" where customers are happy to pony up for a unique experience, Jim Cramer said on

CNBC's

"Stop Trading!" segment Thursday.

"Panera provides an experience that makes me want to pay about $3 more than I pay at

Wendy's

(WEN) - Get Report

," Cramer said in praising the stock. He compared Panera's advantage to that enjoyed in other markets by

Whole Foods

(WFMI)

,

Starbucks

(SBUX) - Get Report

,

Borders

(BGP)

and

Barnes & Noble

(BKS) - Get Report

.

Cramer was also enthusiastic about

Northgate Minerals

(NXG)

, which reported a "dynamite" quarter and was wrongly downgraded at several firms. "Get a life. Copper and gold is the play for today."

For traders trying to play volatility in energy, Cramer suggested

Schlumberger

(SLB) - Get Report

, whose run from $69 to above $73 earlier this week "was the first breath of life I've seen in a while. I'd take advantage of that."

In retail, Cramer said

Abercrombie & Fitch

(ANF) - Get Report

is "back and bigger than ever," but warned against

American Eagle

(AEOS)

and

Urban Outfitters

(URBN) - Get Report

.

Regarding recent pain in

JDS Uniphase

(JDSU)

and

Conexant

(CNXT) - Get Report

, Cramer said it's just bulls taking profits after huge runs.

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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