Google has another $100 or so of upside, Cramer said during Monday’s Stop Trading! He thinks the search giant, now larger by market cap than Wal-Mart , deserves a higher multiple considering it is growing at a 33% clip. New price target: $701
Cramer also reiterated his Garmin trade, saying he thinks investors should buy the navigation company up until the end of the year, but then sell it after the holidays as Nokia should have integrated its NAVTEQ acquisition by then. “It’s going to be a Garmin Christmas,” Cramer said.
Questions for Cramer? email@example.com
Questions, comments, suggestions for the Mad Money website? firstname.lastname@example.org