Cramer pans Gap and tanker stocks

On today's STOP TRADING! segment on CNBC, Cramer discussed The Gap Inc. (NYSE:GPS). He said things smack of a potential deal, although the fundamentals are so awful it might not be able to sell anything. Cramer would sell GPS shares after the 10% pop from Faber. This is just part of the reason that Paul Pressler, CEO of Gap inc., was listed as one of the Top 10 CEO's who need to go last month.

Cramer also doesn't like many oil tanker names because dividends are suspect. Nordic American Tanker Shipping Ltd. (NYSE:NAT) has a 12% dividend, but Cramer thinks it is suspect at some point and these stocks could discount operations quickly if anything goes south. Some of the companies have already signaled that the dividends could be cut and to wonder why the forward shipping rates are already coming down.

General Dynamics Corp. (NYSE:GD) was noted positively by Cramer as it is up $2.74 today. He thinks the company's caution last month was just setting the bar low for itself.

It sounded like Cramer was going to discuss Yahoo! Inc. (NASDAQ:YHOO) Mobile Search initiatives at CES tonight on MAD MONEY, so we'll see if he does.