Jim Cramer Blog

Here are 7 trading ideas for today. These lists come directly from the TradingMarkets Stock Indicators page and are based upon our latest quantitative research.
Bullish
5+ Consecutive Down Days: These are stocks that have closed down for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that close down for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Carnival (NYSE:CCL - News). CCL's PowerRating (for Traders) is 7.
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Pharmaceutical HOLDRS (AMEX:PPH - News). PPH's PowerRating (for Traders) is 6.
2-Period RSI Below 2: These are stocks that have a 2-period RSI reading below 2 and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving with a 2-period RSI reading below 2 have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
L1 Identity Solutions (NYSE:ID - News). ID's PowerRating (for Traders) is 9.
Stocks Down 10% or More: These are stocks that have lost 10% or more over the past five days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that have lost 10% or more over the past five days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Apogee Enterprises (NasdaqGS:APOG - News). APOG's PowerRating (for Traders) is 7.
Bearish
5+ Consecutive Up Days: These are stocks that have closed up for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
RCN Corporation (NasdaqGS:RCNI - News). RCNI's PowerRating (for Traders) is 1.
5+ Consecutive Higher Highs: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Campbell Soup (NYSE:CPB - News). CPB's PowerRating (for Traders) is 4.
Stocks Up 10% or More: These are stocks that have gained 10% or more over the past five days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that have gained 10% or more over the past five days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
LJ International (NasdaqGM:JADE - News). JADE's PowerRating (for Traders) is 4.
Published By TradingMarkets.com

Labels: APOG, CCL, CPB, Hot Stocks, ID, JADE, PPH, RCNI

Here are 7 stocks for traders for Wednesday from TradingMarkets.com:
Lehman Brothers (NYSE:LEH - News) outperformed the other brokers after announcing better than expected earnings, and receiving an additional boost from the rate cut. LEH's PowerRating (for Traders) is 3.
CarMax (NYSE:KMX - News) reports earnings on Wednesday morning, with traders looking for $0.29 EPS. KMX's PowerRating (for Traders) is 4.
Dress Barn (NasdaqGS:DBRN - News) should report $0.42 EPS before the market opens on Wednesday. DBRN's PowerRating (for Traders) is 4.
When General Mills (NYSE:GIS - News) reports quarterly earnings on Wednesday morning, be looking for $0.79 EPS. GIS's PowerRating (for Traders) is 5.
Analysts will be watching for Morgan Stanley (NYSE:MS - News) to announce $1.53 EPS tomorrow morning. MS's PowerRating (for Traders) is 5.
Apogee Enterprises (NasdaqGS:APOG - News) and CKE Restaurants (NYSE:CKR - News) both report earnings tomorrow afternoon, so watch for heightened price action and volatility ahead of the bell. APOG's PowerRating (for Traders) is 3, and CKR's PowerRating (for Traders) is 3.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: APOG, CKR, DBRN, GIS, Hot Stocks, KMX, LEH, MS

Symbol
Name
Last Trade
Change
Volume
Related Info
DDUP
DATA DOMAIN, INC.
23.24 1:57PM ET
8.24 (54.93%)
5,077,721

USEY
US ENERGY SYSTEMS
1.3200 1:55PM ET
0.2900 (28.16%)
1,102,718

SCOR
COMSCORE, INC.
20.82 1:57PM ET
4.32 (26.18%)
4,577,440

CHZ
CHITTENDEN CP
34.99 1:52PM ET
6.75 (23.90%)
2,496,500

SRDX
SURMODICS INC
44.82 1:57PM ET
7.46 (19.97%)
625,528

VRNM
VERENIUM CORPORATION
5.32 1:56PM ET
0.94 (21.56%)
665,183

GTRC
GUITAR CENTER INC
59.94 1:57PM ET
9.88 (19.73%)
5,468,473

SPRD
SPREADTRUM COMMUNICA
16.46 1:58PM ET
2.46 (17.57%)
4,975,385

UNF
UNIFIRST CP
46.94 1:52PM ET
6.44 (15.90%)
279,100

SPEC
SPECTRUM CONTROL I
15.95 1:56PM ET
2.08 (15.00%)
1,072,853

WWWW
WEB.COM INC
6.12 1:54PM ET
0.77 (14.39%)
434,792

COIN
CONVERTED ORGANICS
3.34 12:59PM ET
0.40 (13.50%)
25,477

APOG
APOGEE ENTRPR INC
28.29 1:57PM ET
3.09 (12.26%)
962,791


WRSP
WORLDSPACE INC
5.31 1:55PM ET
0.60 (12.74%)
395,459

PARL
PARLUX FRAGRANCE
4.98 1:56PM ET
0.57 (12.93%)
1,055,432
FUL
FULLER H B CO
30.72 1:52PM ET
3.33 (12.16%)
1,251,900

CPWM
COST PLUS INC (CA)
8.62 1:58PM ET
0.89 (11.51%)
541,239
CBAK
CHINA BAK BATTERY
3.83 1:56PM ET
0.41 (11.99%)
1,094,271

DGSE
DGSE COMPANIES INC
3.61 1:38PM ET
0.31 (9.39%)
53,971

NBF
NOVA BIOSOURCE FUELS
2.80 1:51PM ET
0.33 (13.36%)
1,221,500

Labels: APOG, CBAK, CHZ, COIN, CPWM, DDUP, DGSE, FUL, GTRC, NBF, PARL, SCOR, SPEC, SPRD, SRDX, UNF, USEY, VRNM, WRSP, WWWW

Symbol
Name
Last Trade
Change
Volume
Related Info
MOBI
MOBIUS MGMT SYST
9.79 12:11PM ET
2.35 (31.59%)
2,241,308

CTDC
CHINA TECH DEV GRP
4.81 12:13PM ET
0.79 (19.65%)
729,744

CIPH
CIPHERGEN BIOSYSTE
1.31 12:12PM ET
0.19 (16.96%)
180,265

FMDA
FUTUREMEDIA ADR
1.41 12:12PM ET
0.16 (12.80%)
409,381

MEDI
MEDIMMUNE INC
42.19 12:13PM ET
4.35 (11.50%)
40,127,249

BOO
COLLEGIATE PACIFIC
8.30 12:05PM ET
0.86 (11.56%)
78,100

NFI-PC
NOVASTAR FINL PFD C
12.55 12:06PM ET
1.30 (11.56%)
58,000

VG
VONAGE HOLDINGS CORP
3.38 12:08PM ET
0.38 (12.67%)
3,659,300

SHI
SINOPEC SHANGHAI ADS
59.52 12:06PM ET
5.71 (10.61%)
30,100
ECGI
ENVOY CAPITAL GROUP
3.42 12:10PM ET
0.32 (10.32%)
182,110

CKSW
CLICKSOFTWARE TECHS
3.6300 12:13PM ET
0.3568 (10.90%)
303,002

APOG
APOGEE ENTRPR INC
24.05 12:14PM ET
2.47 (11.45%)
1,081,838

FUEL
SMF ENERGY CORP
1.88 12:12PM ET
0.16 (9.30%)
516,738

FAST
FASTENAL CO
38.61 12:14PM ET
3.66 (10.47%)
3,476,070

GNVC
GENVEC INC
3.76 12:13PM ET
0.33 (9.62%)
523,562

IPS
IPSCO INC
143.38 12:08PM ET
12.48 (9.53%)
5,218,600
GNLB
GENELABS TECH INC
2.31 12:13PM ET
0.21 (10.00%)
1,207,812
SHBK
SHORE FIN CORP
14.45 12:07PM ET
1.25 (9.47%)
627

IDSA
INDUSTRIAL SVCS AM
9.05 12:10PM ET
0.75 (9.04%)
228,294

MWRK
MOTHERS WORK INC
38.50 12:13PM ET
3.19 (9.03%)
166,590

RIC
RICHMONT MINES
2.7500 12:05PM ET
0.1900 (7.42%)
76,200

Labels: APOG, BOO, CIPH, CKSW, CTDC, ECGI, FAST, FMDA, FUEL, GNLB, GNVC, IDSA, IPS, MEDI, MOBI, MWRK, RIC, SHBK, VG

Adeza Biomedical Corp. (NasdaqGS:ADZA - News) agreed to be bought by Cytyc Corp. (NasdaqGS:CYTC - News) for $24 a share, or approximately $450 million, Cytyc will fund the purchase through existing cash, the cash on Adeza's balance sheet, and existing credit facilities. The deal, which is subject to customary closing conditions and regulatory approvals, is expected to be completed before the end of March. Cytyc said that, excluding one-time costs related to the acquisition, it expects the acquisition to be break-even to earnings in 2007 and at least accretive by 5 cents to 2008 earnings per share.
Adobe Systems (NasdaqGS:ADBE - News) was upgraded to buy from Oppenheimer & Co., which cited valuation.
Align Technology (NasdaqGM:ALGN - News) shares rose after Piper Jaffray upgraded the teeth misalignment treatment company to outperform from market perform, citing evidence of growing demand for its Invisalign product. Analyst Raj Denhoy also raised his stock price target to $21 from $15, his forecast for 2007 revenue from orthodontists to $85 million from $79 million. "Overall, orthodontists expect their use of Invisalign to increase by approximately 13.4% over the next 12 months; we had previously modeled just 10.6%," Denhoy said in a research note.
Apogee Enterprises (NasdaqGS:APOG - News) lifted its outlook for fiscal 2007, saying it now sees earnings of $1.04 to $1.10 a share. Its previous projection was for a profit of 98 cents to $1.04 a share for the year. The average estimate of analysts polled by Thomson Financial is for a profit of $1.01 a share in 2007. The Minneapolis-based glass products maker anticipates it will post revenue growth near the top of its prior range of 12% to 15%. For fiscal 2008, Apogee forecast earnings of $1.20 to $1.30 a share on revenue growth of 8% to 11%. Wall Street's current consensus estimate is for a profit of $1.19 a share in fiscal 2008.
Apple Inc. (NasdaqGS:AAPL - News) was upgraded to buy from hold at Citigroup, which cited several meaningful product catalysts and expectations of significant gross market upside due to declines in flash memory and DRAM (dynamic random access memory) pricing. Analyst Richard Gardner kept his 12-month price target at $105.
Asta Funding (NasdaqGS:ASFI - News) agreed to acquire a portfolio with a face value of $6.9 billion for a purchase price of $300 million. Asta said the portfolio is made up of primarily credit card accounts.
Brush Wellman (NYSE:BW - News) said its fourth-quarter earnings jumped to $30.3 million, or $1.48 a share, from $4.1 million, or 93 cents a share, a year earlier, boosted by a $21.3 million benefit related to the reversal of the company's deferred tax valuation allowance. The Cleveland supplier of metal products and engineered material systems said excluding the allowance, the company earned 44 cents a share. Revenue rose 48% to $207.8 million from $140.6 million a year ago. Analysts surveyed by Thomson Financial expected, on average, earnings of 41 cents a share on revenue of $189 million. Analyst earnings forecasts typically exclude unusual items. In addition, Brush Engineered said it expects 2007 sales to rise 25% to 30%to $950 million to $1 billion, with earnings of $3 to $3.75 a share, including a $1-per-share benefit from the sale of inventory.
Cell Therapeutics (NasdaqGM:CTIC - News) said it plans to form a new company, Aequus BioPharma, Inc., and spin it off. The company didn't provide details of whether the spin-off will be in the form of an initial public offering or a dividend to its shareholders.
Ciena Corp. (NasdaqGS:CIEN - News) was upgraded by Credit Suisse to outperform from neutral, citing the networking company's strong competitive position in the rebounding optical infrastructure market. Analyst Paul Silverstein also lifted his stock price target to $36 from $29.25, his 2007 earnings estimate to 93 cents a share from 91 cents and his 2007 revenue forecast to $715 million from $710 million. The stock was up 2.2% at $28.90 in pre-open trading. "We expect to see further sustained increase in demand due to increasing bandwidth consumption and the concomitant need for network re-architecture driven primarily by increasing amounts of video on service provider and enterprise networks," Silverstein said in a research note.
Digital Music Group (NasdaqGM:DMGI - News) signed a revenue-sharing content agreement with YouTube. The deal calls for certain components of Digital Music's video and music catalog to be made available by YouTube. Financial terms weren't disclosed.
Diversa Corp. (NasdaqGM:DVSA - News) shares gained after the San Diego-based maker of specialty enzymes said it has agreed to merge with privately held Celunol Corp, a developer of technology for producing ethanol from cellulosic biomass feedstocks. Under the terms of the deal, Diversa will issue 15 million shares to acquire the outstanding equity of Celunol. Diversa will also provide Celunol with up to $20 million in debt financing to fund its operations prior to the closing of the transaction. Diversa stockholders will own roughly 76% of the combined company, and Celunol stockholders and option holders will own 24%. The deal is expected to close by the end of the second quarter.
Express Scripts (NasdaqGS:ESRX - News) was upgraded to buy from hold at Jefferies & Co. The firm boosted its price target on the stock to $90 from $77.
Grubb & Ellis Co. (NYSE:GBE - News) said its second-quarter net income rose to $6.1 million, or 23 cents a share, from $4.9 million, or 36 cents, a year earlier. The average earnings estimate of four analysts surveyed by Thomson Financial was 9 cents a share. The Chicago real-estate services company said revenue for the three months ended Dec. 31 rose to $145.8 million from $140.6 million.
Home Depot Inc. (NYSE:HD - News) said its board has decided to evaluate strategic alternatives for its HD Supply business, including a possible sale, spin-off or initial public offering. The Atlanta-based retailer said there can be no assurance that any deal will occur or its timing. Home Depot said it hired Lehman Brothers as its financial advisor and it does not expect to update its progress or disclose developments with respect to the exploration of HD Supply strategic alternatives unless the board of directors has approved a definitive transaction.
Hydril (NasdaqGS:HYDL - News) shares leapt after the manufacturer of pressure control products for oil and gas production agreed to be acquire by Tenaris S.A. for $97 a share in cash. The offer represents a premium of roughly 17% to Hydril's closing share price last Friday. The deal is expected to close in the second quarter. Certain members of the Seaver family have agreed to vote Hydril shares, representing roughly 22% of the combined votes rights, in favor of the merger, Luxembourg-based Tenaris said.
Infineon AG (NYSE:IFX - News) was approached by at least three private equity groups in the last six months, according to a report in the Financial Times newspaper. The firm's management do not want a deal, but some potential bidders remain hopeful a deal could still be possible this year, the newspaper said, citing a person familiar with the situation. If Infineon, which has a market capitalization of 8 billion euros ($10.4 billion), were bought, it would be the largest private equity deal ever in Germany, the FT added.
Kraft Foods (NYSE:KFT - News) was upgraded to neutral from reduce at UBS.
Kronos Inc. (NasdaqGS:KRON - News) was upgraded to strong buy from buy at Needham & Co. The firm lifted its price target on the stock to $50.
Lamson & Sessions (NYSE:LMS - News) said its board hired Perella Weinberg Partners as financial adviser to explore "a range of strategic and financial alternatives" for the company. The Cleveland thermoplastics company said the potential actions include the sale of certain assets or the entire company, formation of joint ventures, a change to the company's capital structure, or a continuation of the company's business plan.
LCA-Vision Inc. (NasdaqGS:LCAV - News) reported fourth-quarter earnings of $7.1 million, or 34 cents a share, up from a year-ago profit of $6.6 million, or 30 cents a share. Revenue jumped 26% in the latest three months to $58.8 million from $46.8 million a year ago. The Cincinnati-based provider of laser vision correction services also said it's increased its quarterly dividend by 50% to 18 cents a share from 12 cents. Looking ahead, LCA-Vision forecast earnings of $2.05 to $2.15 a share for 2007 on revenue growth of 20% to 25%.
Published By Michael Baron of MarketWatch

Labels: AAPL, ADBE, ADZA, ALGN, APOG, ASFI, BW, CIEN, CTIC, CYTC, DMGI, DVSA, ESRX, GBE, HD, HYDL, IFX, KRON, LCAV, LMS