Jim Cramer Blog

Buy Syngenta (SYT), Jim Cramer said on CNBC's "Stop Trading!" segment Monday.
Cramer said the Swiss agriculture company has been welcomed in Europe, unlike American companies. "I always felt that Europe had been very inhospitable to American biotechs," he said, calling Syngenta "one that they embrace." The stock is a "great buy," he said.
Cramer pointed out that Syngenta is off its highs. Because Bunge (BG), Monsanto (MON) and Syngenta all trade alike, "Anytime you get a discount in one, I'd pull the trigger," he said.
In energy, Cramer recommended ABB Ltd. (ABB). Cramer said that presidential candidate John McCain has left nuclear power as "really the only option" he supports. "ABB is the nuclear company from around the globe," he said.
Cramer said that Deutsche Telekom (DT) ought to acquire Sprint Nextel (S). With "no growth" and a 7% yield, Cramer said, Deutsche Telekom should take advantage of Sprint's install base. "They need growth to get this thing energized," he said. "I don't know what the holdup is."
Of BP (BP), Cramer said that American investors are impressed with the company's new management. He said that BP's 4% yield is safe.
Published By TheStreet.com

Labels: ABB, BG, BP, DT, Jim Cramer, MON, S, Stop Trading, SYT

Shaw Group (SGR), ABB (ABB)
Infrastructure is one of Cramer's favorite bull markets, and nuclear energy, particularly for emerging economies like India and China, is the sweet spot. Cramer's pick in this sector is Shaw Group, which reported a "beautiful quarter" with a 40% increase in revenue and a backlog of projects which is up 57% since last year and is triple the size of the company. Cramer prefers Shaw to ABB and added, "Given its diminutive size, I would be shocked if it was independent a year from now. But anyhow we like this one for the long haul."
Good as Gold: Yamana (AUY) Barrick (ABX)
Cramer reiterated his two favorite gold picks, Barrick and Yamana, as insurance against inflation. He stressed these are stocks to hold onto and should not be sold if one doesn't see immediate results. He noted AUY has a large mine in China, and ABX succeeds finding and producing more gold when other companies in the sector have stalled.
Sell Block: Peabody Energy (BTU), Massey Energy (MEE), Arch Coal (ACI), International Coal (ICO), Apache (APA), XTO Energy (XTO) Andarko (APC), ConcoPhillips (COP)
King Coal has been dethroned by a recent bill in Congress which threatens to raise dramatically the costs of burning the fuel, and will render stocks in the sector as "untouchable." While investors have been "coining money" with BTU, Cramer would sell the stock, as well as MEE, ACI and ICO. At the same time, Cramer declared "2008 is going to be the year for natural gas," and recommended buying XTO, APC, APA and COP.
CEO Interview: Matthew O'Connell, GeoEye (GEOY)
Matthew O'Connell announced the launch of the company's third satellite, and mentioned Boeing, General Dynamics and ITT participated in the production and launch of the satellite. "We paid up to get a great team," said O'Connell. Cramer said GEOY is and will remain a great speculative stock.
Published By SeekingAlpha

Labels: ABB, ABX, ACI, APA, APC, AUY, BTU, COP, GEOY, ICO, Jim Cramer, Mad Money, MEE, SGR, XTO

Bullish Calls:
FMC Technologies (NYSE: FTI - News): 'It's pulled back a dollar. I like the group. I like FTI'.Rite Aid (NYSE: RAD - News): 'I want to pull the trigger right there! I think that's a great situation!'EMC (NYSE: EMC - News): 'The stock just takes off, and now it seems the stock is at $19.05. I think it goes to $23. It's not too late to pull the trigger on EMC.'TJX (NYSE: TJX - News): 'I think TJX is one you want to own after the quarter.' Costco (COST - Cramer's Take - Stockpickr - Rating), Costco (NasdaqGS: COST - News): 'Can I also point out that Costco was down today, and I think COST is just a classic situation.'Siemens (NYSE: SI - News): 'I'm surprised the stock was down badly... I like that stock. I like the German market. It's the strongest in the world among developed countries... I want to buy some.'Schlumberger (NYSE: SLB - News): 'But SLB, at 17x earnings, is way too cheap.'Conco Philip (NYSE: COP - News): 'I've been buying that one for my charitable trust... I think, down below $80, that's perfect.'Corning (NYSE: GLW - News)First Solar (NasdaqGM: FSLR - News): 'Nice pullback after a really good quarter. With oil staying high, that's the one I want to be in. 'Arris Group (NasdaqGS: ARRS - News): 'That was terrific. I think ARRS is a good place to be. I don't want you to leave it. I want to stick with that.'ABB (NYSE: ABB - News): 'They're the best in that business.'Gentiva Health Services (NasdaqGS: GTIV - News): 'This is the home healthcare story that I like very much.'Sears Holdings (NasdaqGS: SHLD - News): 'I say, you know I'm sticking with Eddie. I own it for my charitable trust... I refuse to quit on it. I refuse to quit, because he's a winner, and he's made me money.'TBS International (NasdaqGM: TBSI - News): 'I like Expeditors in that category. I think that's a better one... 'Goldman Sachs (NYSE: GS - News): 'Everybody hates Lloyd Blankfein. They think he's an idiot. They think my alma mater's moronic... I don't know. I'd like to buy the stock here.'
Bearish calls:
Harley-Davidson (NYSE: HOG - News): 'This stock has finally broken down from that $60 level... I think it's headed lower. I don't want to be there... Sell, sell, sell... I think you should sell it.'Optium (NasdaqGM: OPTM - News): ' ... that has been a tough one.'Evergreen Solar (NasdaqGM: ESLR - News): ' I'm going to have nix that one. Sell, sell, sell!... 'USEC (NYSE: USU - News): 'I don't want to own uranium. I think uranium is too far out in the future.'WCI Communities (NYSE: WCI - News): 'I looked at the balance sheet and I don't like it. Why don't I leave it at that. Sell, sell, sell....'
Published By SeekingAlpha

Labels: ABB, ARRS, COP, COST, EMC, FSLR, FTI, GLW, GS, GTIV, HOG, Jim Cramer, Lightning Round, Mad Money, RAD, SHLD, SI, SLB, TBSI, TJX

Not so Cheesy: Kraft (NYSE: KFT - News), Altria (NYSE: MO - News)
Cramer admits he was wrong in thinking Kraft was just a "crummy" spinoff from MO, but says he's done well to own the latter company. He suggests piggybacking on activist investor Carl Icahn and master money manager Nelson Peltz, who keep buying Kraft; Cramer predicts Pelz may increase his position in the stock by another 3%. Since "activists, in general, tend to outperform the indices," Cramer would follow the leaders, and would wait to buy more when the stock dips a few points.
Up, Up and Away: Spirit AeroSystems Holdings (NYSE: SPR - News)
Cramer admits he was stumped when a caller asked about this stock, but since he has done some research on SPR, Cramer says the stock is a triple buy. SPR is the chief supplier of parts to Boeing's Dreamliner plane, which Cramer says is "the best thing since sliced bread." He added SPR has very clear growth potential if the plane is a success, and the stock sells at only 16 x next year's earnings. In addition, SPR could get some business from Boeing rival Airbus, and will go higher, since aerospace is in bull mode, according to Cramer. He suggests buying half a position before and half after SPR reports earnings.

European Play: ABB Ltd. (NYSE: ABB - News)
For Tuesday's pick, Cramer looked to Switzerland where "500 years of democracy and peace have produced nothing but the cuckoo clock, and ABB Ltd." He calls this stock "the single best pure play on infrastructure around the world." Since power plants are difficult to build, ABB's expertise is very much in demand, and the company just announced a strong quarter and has "tons" of cash to make an acquisition or raise its dividend.
Mad Mail: ConcoPhillips (NYSE: COP - News), Caliper Life Sciences (NasdaqGM: CALP - News) and Volcano (NasdaqGM: VOLC - News)
Cramer told one viewer not to be worried that COP pulled back after its 9% gain last week, and would use the decline as a buying opportunity. "I hope it goes to $80 so I can buy some for my charitable trust," he added. When asked about his recommendation of CALP last year, Cramer says while the company has solid technologies, the life sciences industry "just doesn't have it right now." Cramer said VOLC is in the same boat as CALP and added, "You can buy it here, but it probably won't move until the fall." For the remainder of the summer, he would buy tech and best-of-breed stocks in his five bull markets.

Published By SeekingAlpha

Labels: ABB, CALP, COP, Jim Cramer, KFT, Mad Money, MO, SPR, VOLC