For Thursday’s “Sell Block” segment, Cramer told viewers that an article in last weekend’s Wall Street Journal, alerted him to the fact that the government’s “cash for clunkers” trade-in program is going very well. Cramer immediately thought of AutoNation (AN), however the stock is already up 29% in the month since the Cash For Clunkers program was announced on June 30. Cramer admitted that he has missed the move. He told viewers that the stock market is forward looking, which meant it took AutoNation higher on anticipation of higher sales, and now those sales are beginning to materialize. Cramer said he took a look at CarMax (KMX) on the news, but noted that the government’s programs only apply to new cars and will not result in surge in business for CarMax. He said Penske (PAG) the second-largest auto retailer after AutoNation, will also likely not benefit from the program, since the company focuses mainly on luxury vehicles, which would most likely exceed the programs $45,000 limit. Cramer mentioned he likes these stocks as a play on closing GM and Chrysler dealerships, especially Penske, but he recommended waiting for them to pullback before buying. “AutoNation was a good idea, but too many other investors got there first. And a good investor always knows when to say, I missed that,” he said. “That’s what you have to do with AutoNation and the Cash For Clunkers catalyst,” Cramer said. Join the fastest growing community of small cap investors at Stockhideout.com

“Don’t short the credit-card companies,” Jim Cramer said on Thursday’s “Stop Trading!” show after Visa (V) and MasterCard (MA) reported solid quarterly earnings reports. Cramer called Visa’s earnings report terrific and he ranked MasterCard not far behind. Visa is his favorite pick because it has a bit better growth and the stock is cheaper. Cramer reiterated his buy call on Wynn Resorts (WYNN) and said the stock could reach $70 a share. “It is just crazy that this stock isn’t up even more after that quarter,” he said. Moving on to the banking sector, Cramer said that “Goldman Sachs (GS) report yesterday was the single best report I’ve seen yet on banking, and he thinks that Bank of America (BAC) is over-reserved.” Cramer mentioned that BAC has a lot of good things going on. In the tech sector, Cramer said the Nasdaq can go much higher and he predicted that Apple (AAPL) will go to $200. Finally, Cramer said that he loves McDonald’s (MCD), but it’s not the right stock here in the same way that Colgate (CL) is not the right stock. Instead, he recommended YUM! Brands (YUM). “This is the one that people want,” and I think it goes right back up,” he said. Join the fastest growing community of small cap investors at Stockhideout.com

Bullish
Scotts Miracle-Gro (SMG), Motorola (MOT), Apple (AAPL), Best BUY (BBY) and hhgregg (HGG).
Bearish
Occidental Petroleum (OXY) and Allied Irish Banks (AIB). Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

Jim Cramer told the viewers of his “Mad Money” TV show on Wednesday that “China is in charge.” He said that China is the prism through which all of your market decisions must be made, and it just so happens that China has just created a huge opportunity in the fertilizer sector. Cramer said when it comes to commodities like steel and copper, corn and fertilizer, the U.S. is no longer in control. It’s China that decides whether these commodities go higher or lower. It wasn’t too long ago, he said, that China used 10% of the world’s copper, while the U.S. used 30%. Today, that number is reversed. That’s why when building copper inventories took the Shanghai composite index lower, and in turn the U.S., commodity stocks sharply lower in recent days, investors need to take notice, said Cramer. He recommended Potash (POT), a stock which was down $1.28 a share today, as one stock that, despite a strong outlook, was taken needlessly down and now represents a great value. Cramer said Potash doesn’t have a lot of Chinese exposure, and in fact only derives 12% of its sales from China. However after a horrible 40% decline in global demand for fertilizer, Cramer said Potash is now poised for a serious recovery. According to Cramer, the long-term trends of a growing global population and increased demand for better food remain intact and will keep Potash growing for years to come. Join the fastest growing community of small cap investors at Stockhideout.com

The first caller’s portfolio included the following stocks: Bank Of America (BAC), Cheesecake Factory (CAKE), Disney (DIS), Microsoft (MSFT) and Pepsico (PEP). Cramer called this portfolio fabulous. The second caller’s top stocks included these names: Philip Morris (PM), AT&T (T), Excelon (EXC), Dow Chemical (DOW) and Alcoa (AA). Cramer said this portfolio was diversified and gave it his blessing. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

Bullish
Chipotle Mexican Grille (CMG), XTO Energy (XTO), Siliconware Precision Industries (SPIL), Best BUY (BBY), CBRL Group (CBRL) and Buffalo Wild Wings (BWLD).
Bearish
Radioshack (RSH) and Pantry (PTRY). Join the fastest growing community of small cap investors at Stockhideout.com

“Refinery earnings were horrible,” Cramer said during Wednesday’s Stop Trading! show. He told viewers to avoid the group. “ConocoPhillips’ quarter was just terrible the company needs to rethink itself,” he said. Cramer said that he’s liked the company before, and he’ll need to take another look if the stock goes to $38. Valero (VLO) also had a horrible quarter he said. After reading a Tampa Bay Tribune article about the problems faced by CIT (CIT) client Beef O’Brady’s, Cramer told viewers to buy companies less dependent on borrowing money from CIT. He said more independent companies like Buffalo Wild Wings (BWLD), DineEquity (DIN) and Brinker International (EAT) could overtake their privately run competitors. “People who bought Bed Bath & Beyond (BBBY) off Linens ‘n’ Things ended up making money,” he said, as well as those who bought Best Buy (BBY) off of Circuit City’s collapse. “I like this trade,” Cramer said. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!