October 25th - AMZN EAT

Cramer spoke of how Amazon.com Inc. (AMZN) reported lower revenue but the stock went up on the overall news that was mainly positive. Cramer thinks the price spike came from short covering because they didn't have a bad quarter. Again, this is a stock that Cramer has hated for a long time but and said people that caught the spike were lucky this time and that over the long term AMZN is still not a buy. This of course is a sell recommendation and basically a long term short (but Cramer didn't say that) but that's not what I look for to short picks as I don't short sell picks.

Next Cramer looked at Brinker International Inc. (EAT) whose stock priced increased 7 points on declining same store sales. So why the increase? Because they still beat the estimates which were for much worse same store sales. Cramer recommended the stock but it closed today at $45.93 so it is too rich for shorting in my opinion because these higher priced stocks don't see the volume buying as cheaper ones.