Jim Cramer Blog

Buy:

Air Products and Chemicals Inc (APD)

BAIDU.COM, INC. (BIDU)

China Mobile Limited (CHL)

Focus Media Holding Ltd (FMCN)

Corning Inc (GLW)

Goldman Sachs Group Inc (GS)

Hudson City Bancorp Inc (HCBK)

PetroChina Co Ltd (PTR)

Transocean Inc (RIG)

Siemens AG (SI)

Ultra Petroleum Corp (UPL)
Sell:

American International Group, Inc (AIG)

AXA (AXA)

Countrywide Financial Corp (CFC)

Capital One Financial Corp(COF)

Legg Mason Inc(LM)

Orion Energy Systems(OESX)

Qualcomm Inc (QCOM)

Labels: APD, BIDU, CHL, FMCN, GLW, GS, HCBK, Jim Cramer, Mad Money, PTR, RIG, SI, UPL

True Value: Aircastle (NYSE: AYR - News) Genesis Lease (NYSE: GLS - News)
Cramer suggested buying value stocks in the wake of the selloff. He defines a value stock as one which is down 20% from its 52-week high and pays a minimum of 3% in dividends. Such stocks are cheap because hedge fund managers have recently been forced to sell "good companies with broken stocks." A high dividend stock should do well if the Fed continues to cut rates. Cramer's first value pick was AYR, which owns and leases jets and was sold off in June by investors worried about the credit crisis. Cramer notes the COO has bought 2,000 shares and comments insiders "only buy for one reason: They think their company's stock is going up."He also suggested value play GLS, which is down 15% since Cramer recommended it, but has $1.2 billion in capital and a dividend at 8.2%.
EMC (NYSE: EMC - News), VMware (NYSE: VMW - News)
Cramer also touted momentum stocks as a way of dealing with the current economic climate, and recommended looking at the new high list. He predicted a significant upside for EMC, up just 3% after it spun off VMW, a stock that has risen to $70 from its initial public offering of $19. He added EMC trades at only 11 times next year's earnings, but recommended waiting for a bit before buying.

Sell Block: Boeing (NYSE: BA - News), ConocoPhillips (NYSE: COP - News), Terex (NYSE: TEX - News), Caterpillar (NYSE: CAT - News), Air Product & Chemicals (NYSE: APD - News), Energizer Holdings (NYSE: ENR - News), XTO Energy (NYSE: XTO - News)
Cramer revisited his $80 to $120 stocks he covered in July, admitting that he "misjudged the market" now that the S & P is down 4.5%. He still likes BA, down 3.3% since his recommendation, as well as COP, TEX and CAT. Cramer says APD has pricing power, given the paucity of chemical companies, ENR is good but a bit expensive and prefers XTO to other energy companies.
Mad Mail: Omniture (NasdaqGM: OMTR - News), Apple (NasdaqGS: AAPL - News), Countrywide Financial (NYSE: CFC - News), Bank of America (NYSE: BAC - News), Crocs (NasdaqGS: CROX - News)
Cramer predicts OMTR is going to $30 and says Apple is "going to be terrific." The CFC "play is over" and the curtain is rising for BAC. He feels Crocs is "on a mission" and recommends listening to the conference call.
Published By SeekingAlpha

Labels: AAPL, APD, AYR, BA, BAC, CAT, CFC, COP, CROX, EMC, ENR, GLS, Jim Cramer, Mad Money, OMTR, TEX, VMW, XTO

Bullish Calls:

Under Armour (NYSE: UA - News): 'I know the stock is up a lot ... but you know what? I am sticking by it.'Crocs (NasdaqGS: CROX - News)Texas Instruments (NYSE: TXN - News): 'I'd rather see you in Texas.'Analog Devices (NYSE: ADI - News)Intel (NasdaqGS: INTC - News): ' ... and more important, I would rather see you in Intel.'Consolidated Edison (NYSE: ED - News)Deere (NYSE: DE - News)Agrium (NYSE: AGU - News)Monsanto (NYSE: MON - News)Seaspan (NYSE: SSW - News)Eagle Bulk Shipping (NasdaqGS: EGLE - News)General Maritime (NYSE: GMR - News)Integrys Energy (NYSE: TEG - News): 'High-quality electricity and natural gas distributor with a 5% yield ... That one I particularly like.'NYSE Euronext (NYSE: NYX - News): 'The estimates are too low. The volume's been great. ... That's why I like the New York Stock Exhange.'Air Products & Chemical (NYSE: APD - News)
Bearish calls:
Atmel (NasdaqGS: ATML - News)Hansen Natural (NasdaqGS: HANS - News): 'I have to give it a Don'tBuy, because I can't figure out why it was up today.'Terra Nitrogen (NYSE: TNH - News): 'I'd rather see you in Deere or Agrium or don't forget Monsanto. Those are better.'American Electric (NYSE: AEP - News): 'I think it's a well-run company, but I've got ConEd.'Akamai (NasdaqGS: AKAM - News)GrafTech (NYSE: GTI - News): ' ... At $14, it's too high for me. I'm going to tell you not to buy it.'

Published By SeekingAlpha

Labels: ADI, AGU, APD, CROX, DE, ED, EGLE, GMR, GTI, INTC, Jim Cramer, Lightning Round, Mad Money, MON, NYX, SSW, TEG, TXN, UA

Next Week's Game Plan: Coke (NYSE: KO - News), Intel (NasdaqGS: INTC - News), United Technologies (NYSE: UTX - News), Freeport McMoRan Copper & Gold (NYSE: FCX - News), Honeywell (NYSE: HON - News), Johnson Controls (NYSE: JCI - News), Caterpillar (NYSE: CAT - News), Schlumberger (NYSE: SLB - News), Merrill Lynch (NYSE: MER - News), Wells Fargo (NYSE: WFC - News), JPMorgan Chase (NYSE: JPM - News), Bank of America (NYSE: BAC - News) and Citigroup (NYSE: C - News)
Cramer expects better-than-expected earnings from the following companies, and would buy before their reports next week: KO, INTC, UTX, FCX, HON, JCI, CAT and SLB. Since banks are "on a mission to show that there is no slowdown" and are likely to raise their dividends and buy back stock, Cramer would buy MER, WFC, JPM, BAC and C prior to their earnings reports.
That 80s Show: Boeing (NYSE: BA - News), Caterpillar (NYSE: CAT - News), ConocoPhillips (NYSE: COP - News), Energizer (NYSE: ENR - News), Air Products & Chemicals (NYSE: APD - News), Apache (NYSE: APA - News), Terex (NYSE: TEX - News)
"I've discovered alchemy," declared Cramer, noting the six stocks (BA, CAT, COP, ENR, APD and APA) he has discussed this week in connection with his theory (that stocks at $80 go to $100 and then to $120) are up an average of 5.2%. On Friday, Cramer added TEX to the list, since it is around $80 and will benefit from the "wild bull market" of infrastructure and machinery. He doesn't regard CAT as a rival, since "Terex's bread and butter is in aerial work platforms" which are not produced by CAT. He is not worried about competition from Manitowoc in the crane business.
Incredibly Risky Play: GeoEye (NasdaqGM: GEOY - News)
Cramer recommended GEOY as an "incredibly risky play" which is not for IRA money, but could have a major upside. Although it is the biggest commerical satellite company, GEOY has yet to make a profit. However, Cramer thinks outsourcing demands and Google Earth might make this company profitable, not to mention its main competitor is not a publicly traded stock. According to Cramer, the stock could double on the successful commission of a new satellite. However, the date has been deferred once, and if the satellite does not go up when expected, GEOY "could get hammered." While he urges caution, Cramer says GEOY is a great speculative stock.

Published By SeekingAlpha

Labels: APD, BA, BAC, CAT, COP, ENR, FCX, HON, INTC, JCI, Jim Cramer, JPM, KO, Mad Money, MER, SLB, TEX, UTX, WFC

That 80s Show: Air Products and Chemicals (NYSE: APD - News)
Cramer discussed APD which he believes will follow the pattern of stocks that reach $80, catch momentum, gain institutional buyers, and continue to move higher to $100 and eventually to $120. In search of a bull market, APD was a simple gas business that moved into energy and electronics. Cramer notes APD is also an environmental play, since it is the world' s leading producer of hydrogen which refineries use to clean up oil.
E = MC Squared: EMC (NYSE: EMC - News)
Cramer likes EMC as an investment or a trade because it owns VMware, a company which produces money-saving products and has been described as "the next Google." He added, "I know the heart of Wall Street. That's why I am sure people are going to fall in love with the VMware story." EMC is spinning off VMWare at a range between $23 and $25, but Cramer thinks the range could increase by $10, because interest in the deal will "explode." Since EMC will still hold a portion of VMware, it will benefit from the IPO's success. Cramer believes EMC is undervalued, its estimates are too low, and it should rise on its July 24 earnings report. He suggests buying some on Thursday between 10 and 11 am, and picking up more when the stock dips.

CEO Interview: Theodore Solso, Cummins Engine (NYSE: CMI - News)
Theodore Solso wanted to corrrect a common misconception that Cummins is mainly a trucking play. CMI has moved beyond trucking, and "The investment community hasn't understood that until the first quarter of this year." Solso discussed organic growth domestically and abroad in China and India. Cramer commented CMI is "not done going up."
Published By SeekingAlpha

Labels: APD, CMI, EMC, Jim Cramer, Mad Money