Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Thursday February 10.
Cisco (CSCO), Juniper (JNPR), Whole Foods (WFMI), Liz Claiborne (LIZ)
There was a time that talk of network building would make one automatically think of Cisco, but now Juniper (JNPR) is the name. "I don't know what the play on Cisco is except to sell it and buy another stock," said Cramer, who criticized Cisco's conference call which actually sounded like a "farce" when CEO John Chambers confessed he hadn't decided to raise the dividend 1% or 2%. "I was about to choke when I heard that," said Cramer. "We need to know where the stock is going."
"The Cisco conference call is a must-read for anyone who wants to understand what is going on with a CEO who tells you a great, great story when things are not so great."
People were worried about Whole Foods' quarter (WFMI) because of food inflation, but WFMI was not as vulnerable as other supermarket stocks, because WFMI is a play on health food, quality and aspirational spending. The rise in the stock was "just totally an upside the head smack down for the shorts."
While Liz Claiborne (LIZ) spoke of
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