Jim Cramer Blog

Here are 7 options to watch for today.
Most Underpriced Calls: These are the most under priced calls of all stocks in our database. While the Equities Explosion List finds groups of calls for individual equities that are under priced, this list finds the most under priced individual calls. Thus, the options listed here will tend to be more severely under priced.
Chipotle Mexican Grill Oct 125 Calls (NYSE:CMG - News). CMG's PowerRating (for Traders) is 4.
Most Underpriced Puts: These are the most under priced puts of all stocks in our database. While the Equities Explosion List finds groups of puts for individual equities that are under priced, this list finds the most under priced individual puts. Thus, the options listed here will tend to be more severely under priced.
TakeTwo Interactive Software Oct 17.5 Puts (NasdaqGS:TTWO - News). TTWO's PowerRating (for Traders) is 3.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. While the Equities Implosion List finds groups of calls for individual equities that are overpriced, this list finds the most overpriced individual calls. Thus, the options listed here will tend to be more severely overpriced.
Research in Motion Oct 110 Calls (NasdaqGS:RIMM - News). RIMM's PowerRating (for Traders) is 4.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. While the Equities Implosion List finds groups of puts for individual equities that are overpriced, this list finds the most overpriced individual puts. Thus, the options listed here will tend to be more severely overpriced.
Google Oct 510 Puts (NasdaqGS:GOOG - News). GOOG's PowerRating (for Traders) is 4.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
Xinhua Finance Media (NYSE:XFML - News).
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
Pool Corp. (NYSE:POOL - News). POOL's PowerRating (for Traders) is 6.
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
AutoNation (NYSE:AN - News). AN's PowerRating (for Traders) is 5.
Published By TradingMarkets.com

Labels: AN, CMG, GOOG, POOL, RIMM, stock options, TTWO, XFML

Stocks with Fizz: Hansen Natural (NasdaqCM: HANS) and Jones Soda (NasdaqCM: JSDA)
Cramer made a comparison between HANS, a stock that moved all the way from 13 cents to $50, and JSDA, which has moved from 81 cents to $20. He would use a recent pull back to buy JSDA as a speculative play because it has room to run, even though it has doubled. Cramer notes both HANS and JSDA have western-centered markets, appeal to a younger demographic, and adds when HANS was starting out, the company, like JSDA, had only a few analysts covering it. Although Jones is focusing on the lackluster soda business rather than getting into energy drinks, it could take business from Coke or Pepsi, and its lack of expansion is indicates there is room to grow.

Benefit of the Doubt: RadioShack(NYSE: RSH - News) CEO Julian Day and Sears Holdings (NasdaqGS: SHLD) CEO Eddie Lampert
Continuing his series on CEOs who deserve the benefit of the doubt, Cramer discussed Radio Shack's CEO Julian Day and Sears Holdings' CEO Eddie Lampert, both of whom treat their retail companies as real business and work on making money rather than mindlessly putting up new stores and focusing on same-store sales to please analysts. Cramer praises Day for "restoring profitability" rather than expanding before RSH is ready, and says Lampert has a "Wall Street edge." He would buy both stocks.

Next Week's Game Plan: Veraz Networks, Comverge, Best Buy (NYSE: BBY - News), Circuit City (NYSE: CC - News), GameStop (NYSE: GME - News)
Cramer says Veraz Networks, a new IPO which will trade under the symbol VRAZ, is telco equipment and internet infrastructure company worth buying. While it works with voice over internet, it is not to be compared with Vonage which Cramer considers "the single worst IPO of my lifetime," since Vonage is just a retailer while Veraz works with infrastructure. It should be priced from $10 to $12, but Cramer would be willing to spend up to $14. However, he thinks new IPO, Comverge, which will trade under the symbol COMV, is too expensive at $15 to $17. He likes the fact that the Comverge's technology increases profits for utilities companies, but would not pay more than $12.50. Cramer would pay attention to BBY's earnings report on Wednesday, because CC is blinking, and would buy BBY if it declines. However, he doesn't like BBY as much as GME, "the hottest part of consumer tech."
Mad Mail: Dell (NasdaqGS: DELL), Hewlett-Packard (NYSE: HPQ - News), CarMax (NYSE: KMX - News), AutoNation (NYSE: AN - News), AAR Corp (NYSE: AIR - News), GOL Linhas Areas Inteligentes (NYSE: GOL - News)
Cramer says Dell is "dead money" and would buy HPQ because it is cheaper and better. Concerning KMX's "worrisome" conference call, Cramer says the company's permanent margins may be coming down and now prefers AN. Finally, Cramer said he is not backing away from AIR and told another viewer to get back into GOL which should move from $30 to $40.
Published By SeekingAlpha

Labels: AIR, AN, BBY, CC, COMV, DELL, GME, GOL, HANS, HPQ, Jim Cramer, KMX, Mad Money, RSH, SHLD, VRAZ

Bullish calls:
Palomar Medical Technologies (NasdaqGS: PMTI): 'I think PMTI should be bought. I want to wait to see what happens.'Joy Global (NasdaqGS: JOYG): 'Mining equipment is - I think - a growth area again, after many years ... I think JOYG is in a nice spot ... I think it's ridiculous that that stock's so low... buy buy buy!'Marvell Technology (NasdaqGS: MRVL): ' ... if you want a turnaround semi - and if you pay more than $18, I'm going to regret it - MRVL is the one that has the least down, and the most up. Swap out of LSI and into MRVLFord (NYSE: F - News): 'I like the management of F. I think they're really good. I don't like the common stock. The common stock's not as good as the convertible. I say swap out of the common, and get into the F convertible. And Mulally's doing a great job there.'Lundin Mining (AMEX: LMC - News): 'I think that LMC is the heir - it is the one that will be bought before any ... I want to back up the truck up at $10 on LMC.'L-1 Identity Solutions (NYSE: ID - News): I think that Bob LaPenta ... I genuinely believe that he is building a powerhouse. I do believe that - if he doesn't get the stock up through acquisitions - he will sell the company. Bob LaPenta is a bankable man, and I am sticking with him.'CarMax (NYSE: KMX - News): 'Let me tell you something. AN and KMX are both fabulous, fabulous stocks, and I want to own both of them ... I do believe that KMX has too far behind AN, and you should pull the trigger right now!'AutoNation (NYSE: AN - News)United Auto Group (NYSE: UAG - News)Asbury Automotive Group (NYSE: ABG - News)Service Corp (NYSE: SCI - News): ' I think that this company - which was in the early 2000s just a mess - has gotten its act back together. It's become, once again, a great growth company.'Level 3 Communications (NasdaqGS: LVLT): 'LVLT is just terrific here. It is going to be the bandwidth company of the future. I think that LVLT will either be acquired .... or go cash flow positive by the end of the year, and blow the numbers away in 2008. LVLT remains my favorite under-$7 stock on Mad Money.'Celgene (NasdaqGS: CELG)Lamson & Sessions (NYSE: LMS - News): 'I send you to LMS. Cheaper and better.'
Bearish calls:
LSI Logic (NYSE: LSI - News): 'No! Questionable. Not one of my favorite semis at all.' But if you want a turnaround semi - and if you pay more than $18, I'm going to regret it - MRVL* is the one that has the least down, and the most up. Swap out of LSI and into MRVLAdvanced Micro Devices (NYSE: AMD - News)Urban Outfitters (NasdaqGS: URBN): 'We've had a major turn in URBN. It has just moved all the way up from $18 to $26, and do you mind if I (ring the register) on that name. I think the run is overdone. I want to sell, sell, sell URBN.'Allos Therapeutics (NasdaqGM: ALTH): 'No. Too hard. Man, we've got CELG down so much. Why you fooling around with that lesser stuff.'Symmetricom (NasdaqGM: SYMM): 'No. Copper wiring. You want copper wiring, I send you to LMS. Cheaper and better.'

Published By SeekingApha

Labels: ABG, AMD, AN, F, ID, Jim Cramer, JOYG, KMX, Lightning Round, LMC, LSI, Mad Money, MRVL, PMTI, SCI, SYMM, UAG, URBN

Bullish calls:
Disney (NYSE: DIS - News): ' a good quarter... it will be trapped by the strike next week because it's expiration ... I'm staying bullish on DIS. Iger's doing a great job ... Do not be perturbed that the stock did not go up after that great quarter.'Nike (NYSE: NKE - News): ' ....There are unbelievable stocks like NKE at $103.'Under Armour (NYSE: UA - News): ' ... maybe a little UA wouldn't be so bad either.'Safeway (NYSE: SWY - News): 'I like SWY in that department because its got that division that makes gift cards.'Express Scripts (NasdaqGS: ESRX)RBC Bearings (NasdaqGS: ROLL): ' That's pin action off of almost every piece of machinery that built in this country.'Amerisafe Inc. (NasdaqGS: AMSF): ' This is an insurance company, and most people don't understand it... the stock is going higher.'Avis Budget Group (NYSE: CAR - News): ' I felt so bad because I told people not to buy it and it worked ... I still think that CAR is good. I think you've got a good situation.'Autonation (NYSE: AN - News)IAC/InteractiveCorp (NasdaqGS: IACI): 'Man, what a great quarter. Wall Street hated that quarter. I don't know why... Doug Lebda [CEO] and Barry Diller....they're buying back stock hand over fist. I don't know how they're going to get the respect of Wall Street but they got it in Main Street. The stock is headed to the mid-40s.'Harley Davidson (NYSE: HOG - News): 'The bears are all over it ... I think at $65, we pull the trigger again ... It's not expensive. I am not worried.'Intercontinental Exchange (NYSE: ICE - News): 'Iceman's darn good ... I was too negative ... Ilike all the exchange stocks, but ICE - I'm blessing it right here, right now.'
Bearish calls:
Finish Line (NasdaqGS: FINL): 'I cannot let that Bar Mitzvah money stay idle in FINL when there are unbelievable stocks like NKE at $103 .... I need you to make the change right now."Whole Foods Market (NasdaqGS: WFMI): ' I think WFMI is too risky ahead of its quarter. I say ixnay.'Caremark Rx (NYSE: CMX - News): 'If you own CMX, you will get a higher bid from CVS next week. Then you will ring the register, because ESRX will not pay more. You swap out of CMX and go right into ESRX.'Home Inns & Hotels Management Inc. (NasdaqGM: HMIN): ' ... bulls make money, bears make money, hogs get slaughtered.... I want you to cut that position right now.'
Published By SeekingAlpha

Labels: AMSF, AN, CAR, CMX, DIS, ESRX, FINL, HMIN, HOG, IACI, ICE, Jim Cramer, Lightning Round, Mad Money, NKE, ROLL, SWY, UA

Bullish calls:
Apple (NasdaqGS: AAPL): 'I think bears are ultimately going to turn into bulls, or at least turn into pandas, and get extinct.'Abercrombie & Fitch (NYSE: ANF - News): 'You know we nailed that at 50. ... I feel that it can go a little higher. ... It's at 78 -- when it gets to 85, please, please don't be greedy.'MasterCard (NYSE: MA - News): 'I liked Master Card at 40, then I got cold feet at 60. Then I came back at 65. ... You know what, it's still too cheap? I think Master Card is going to blow the doors off the quarter. It's a 'nine buy.'W.W. Grainger (NYSE: GWW - News): 'A great American institution ... you're in the restaurant business, you're in the plumbing supply ... Grainger 76 still a buy. ... well-run company.'Melco PBL Entertainment (NasdaqGM: MPEL): 'I cannot believe that MPEL has fallen below 20 ... I am still endorsing.'Gmarket (NasdaqGM: GMKT): 'Had a major run and then pulled back. Buy it back for another trade to the long side, perhaps with a $26 price.'
Published by SeekingAlpha

Labels: AAPL, AN, ANF, GMKT, GWW, Jim Cramer, MA, Mad Money, MFC

Stocks Ready to Surge: These are the stocks that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals.
Kellogg (NYSE:K - News). K's PowerRating is 6.
Pullbacks from Highs: Most successful momentum-based traders and money managers like to buy strong stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 30 (in weak or choppy markets there will be fewer) of the strongest stocks that have pulled back from recent highs. These stocks should be considered potential candidates to resume their longer-term uptrends.
Potash Corp (NYSE:POT - News). POT's PowerRating is 6.
Long Windows Candidates: These are stocks which are in a strong uptrend, as determined by a proprietary trend filter and whose current bar has its high below the 4-day moving average. Historically, these stock on average have had a larger than normal short-term upside reversals. In order for us to be a buyer of a "Trading Window," we must have a 10-period ADX reading of 30 or higher and a +DI reading above the -DI reading. Or we must have a 14-period +DI of 30 or higher (with no ADX reading required). "Single Windows" are the most common type of Windows. They are simply a single bar which has its high of the day below the 4-period moving average. You will enter if the stock trades above yesterday's high.
William Wrigley Jr. Co (NYSE:WWY - News). WWY's PowerRating is 8.
Trading Where the Action Is: This list contains the most volatile stocks over the past 50 trading days. These stocks are only for the most aggressive traders who are willing to assume a high degree of risk in order to capture larger gains.
NS Group (NYSE:NSS - News). NSS's PowerRating is 3.
Explosion List: An inherent feature of all markets is that periods of lower-than-normal volatility are usually followed by periods of higher volatility. These stocks are trading at one-third or less of their normal volatility and therefore have a high likelihood of exploding within the next few trading days.
Laureate Education (NASDAQ:LAUR - News). LAUR's PowerRating is 7.
Stocks Ready to Drop: These are the stocks that today made new 10-day highs that are still in an downtrend as they are trading below their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term downside reversals.
AutoNation (NYSE:AN - News). AN's PowerRating is 4.
Pullbacks from Lows: Most successful momentum-based traders and money managers like to sell weak stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 20 (in strong or choppy markets there will be fewer) weak stocks that have pulled back from recent lows. These stocks should be considered potential candidates to resume their longer-term downtrends.
Express Scripts (NASDAQ:ESRX - News). ESRX's PowerRating is 3.
PowerRatings are courtesy of PowerRatings.net

Labels: AN, Autonation, ESRX, Express Scripts, Kellog, LAUR, Laureate Education, NS Group, NSS, Potash Corp., William Wrigley Jr. Co., WWY