Cramer on Wrestling and Internet

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On today’s STOP TRADING segmnent on CNBC, Cramer said he doesn’t like the tape after an 8 day run and he thinks we should let the market come back in as we go into earnings season.  He said it’s ok to take some profits and there is some room for the market to come in.  He just sold some Johnson & Johnson (JNJ) in his charitable trust. 

Cramer said that World Wrestling Entertainment (WWE) is actually a good stock that Cramer thinks you can make money in.  He likes the dividend and the international growth story.

Jim Cramer reviewed an old Internet darling: Cramer likes Akamai (AKAM), although he has been positive on this one before on numerous occasions.

Jon C. Ogg
April 11, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.