On today’s STOP TRADING segment on CNBC, Jim Cramer noted Onyx Pharma (ONXX-NASDAQ) is going up on hopes Bayer will buy it on top of the good news. Home Depot’s (HD) strategy was working, but Nardelli bought at the peak and now they want to sell the buiness off at the lows. Cramer said he prefers Lowe’s (LOW).  The worst earnings report he has seen is Warner Music (WMG) and Cramer said he doesn’t think they realize that they are a public company.  The residual value of the business is shrinking as they speak.  WMG was at a new 52-week low today.  Cramer thinks Nokia (NOK) is a low-risk way to play 3G growth.

Jon C. Ogg
February 12, 2007