Jim Cramer Blog

Cleveland Cliffs (CLF), BHP Billington (BHP), Freeport-McMoran (FCX), Boeing (BA), Potash (POT), Deere (DE), Schlumberger (SLB), XTO Energy (XTO)
Tuesday saw the return of Cramer's five long-term bull markets: aerospace, minerals and mining, oil and oil service, agriculture and infrastructure, and those who believe that recovery is coming ruled the day. Aerospace was lifted by BA's news that, after several delays, the delivery of the long-awaited 787 Dreamliner may come on time. News of coal and copper shortages was good for BHP Billington and Freeport-McMoran. Cramer also recommended Cleveland Cliffs. Potash rallied after a bullish interview with CEO Bill Doyle. Cramer also mentioned his favorite ag stocks, Deere, and suggested investors buy more rather than worry about the sector on the next down day. Oil is well after Bear Stearns' upgrade of SLB and XTO's strong earnings. Infrastructure got a lift from Buffett's bid to rescue bond insurers, but Cramer warned that all of these gains could disappear, given how quickly the market has been moving.
CEO Interview: David Novak, Yum! Brands (YUM)
Cramer said Yum is one of the most pro-shareholder and pro-growth companies he has seen and is impressed by YUM's aggressive moves into China. In 2007, one new store was opened in China every day and three a day were opened in December 2007. Novak said the company's performance reminds him of how McDonalds began its initial expansion in the States. Domestic growth has not been forgotten, said Novak, adding the company will concentrate on desserts, healthier offerings and new beverages.
Published By SeekingAlpha

Labels: BA, BHP, CLF, DE, FCX, Jim Cramer, Mad Money, POT, SLB, XTO, YUM

"We're in a huge rotation out of late-cycle stocks like Freeport ... and into early cycle stocks like banks," Cramer said. But the copper and gold mining company is "a layup to be bought out by a BHP (BHP) or a Rio Tinto (RTP)."
The short-term outlook for Freeport, however, is far less certain. Cramer urged investors to "forget about it for the next six months, because this cycle is over. ... The momentum guys have to get out of it like they're getting out of ag, like they're getting out of oil. ... Be respectful of the amount of money they run."
Cramer noted that investors are moving out of plays like Freeport and into the banks. "There are bailouts out there. These bailouts can occur. ... The move out to the banks makes a lot of sense."
If the fed funds rate comes down enough, Cramer says, the banks can mount a recovery.
Finally, of Google's (GOOG) recent decline, Cramer only offered, "Buy any retailer you want. I'm not talking about Google."
Published By TheStreet.com

Labels: BHP, GOOG, Jim Cramer, RTP, Stop Trading

On Tuesday's show, Cramer began by saying today is a perfect example of why you need to stay in the investing game. He said that Citigroup (C) went from a stock you must stay away from to a stock you must own after Abu Dhabi bought a large stake. It was also announced that they might buy into two more Dow stocks, so Cramer is looking for a way to profit from this trend. Cramer said focus on Halliburton (HAL) because it is trading at a large discount to other oil service stocks. He thinks that it could be worth $53 per share, and that these Arab states will invest in what they know, oil. One issue with the stock is that the company is hated by politicians in the U.S., but Cramer doesn't seem to think that Dubai or Abi Dhabi cares.
Then Cramer went to the phonelines. The first caller asked about opportunities in shale oil stocks, and Cramer recommended that people buy Suncor (SU) immediately. The next caller asked about the proposed takeover of BHP Billiton (BHP). Cramer is bullish on the stock and doesn't think it will be an issue.
Lighting Sector: One stock that Cramer likes is Acuity (AYI). It would be a good buyout target for Philips (PHG), and the stock didn't move up much on the news that Philips plans to buy several lighting companies to go with its buyout of Genlyte (GLYT). Also, this company will grow quickly with retro-fitting of old buildings that need to update their lighting. Another plus for AYI is it's a commerical building play, which is still going strong despite the problems in the residential housing market. Given the same valuation as Genlyte, it would be worth $57 per share.
Cramer came back fromt he lightning round and talked about a battle between two analysts over Starbucks (SBUX). FBR raised the stock to a buy, while CBIC lowered it to a sell on the same day. Cramer wanted to take a closer look at the stock, and after doing his homework, Cramer agreed with CBIC and is bearish on SBUX. He doesn't like the stock because the company has a lot of low priced quality competition, the stock has a contracting multiple, and growth is slowing. He thinks it would have to go well below 16 to be a buy.
The CEO of Aecom (ACM) was on the show, and announced quarterly earnings and guidance for 2008, and the stock dropped over 10% today. He said that the decreasing backlog is due to normal seasonal patterns in orders, and that they expect to continue their growth. He is bullish about the company and the stock. Cramer was disappointed and said that the company will have to show him that it is still on track next quarter before he will buy it again.

Labels: ACM, AYI, BHP, Citigroup Inc., CNBC, GLYT, HAL, Jim Cramer, Jim Cramer's Stop Trading, Lightning Round, Mad Money, Mad Money Lightning Round, Mad MOney Recap, SBUX, SU

The Dow finished down 33 points and the Nasdaq down 63 points on Thursday. Bank stocks like Citigroup (C) and Morgan Stanley (MS) recovered in late trading Thursday. Charlie Gasparino joined the show to discuss his take on the bank stocks. He doesn't think the worst is over for Citigroup. Gasparino next tackled American International Group (AIG). He described how former CEO Hank Greenberg wants to take over AIG and put his people in charge of the insurance giant.
Technology: The four horseman of technology were crushed Thursday, with Apple (AAPL) falling 6%, Google (GOOG) falling 5%, Research In Motion (RIMM) falling 6% and Amazon.com (AMZN) falling 4%. Seymour thinks Cisco Systems (CSCO) looks pretty good here and the firm has moved lots of business abroad. Adami says if you want to play tech look at EMC (EMC) and VMware (VMW).
Speculation made the rounds on Wall Street Thursday that BHP Billiton (BHP) might looking for a new takeover target after Rio Tinto (RTP) rejected BHP's takeover offer. Seymour remarks that potential targets are: Southern Copper (PCU), Freeport McMoRan (FCX), Cameco (CCJ), Potash (POT), Alcoa (AA) and US Steel (X).
Although retailers reported the worst October same-store sales numbers since 1995, Finerman maintains that retail still has some value and companies to consider would be Gymboree (GYMB), Children's Place (PLCE), Kohl's (KSS), Wal-Mart (WMT) and Nordstrom (JWN).
Disney (DIS) profits rose 12% on ESPN and US theme parks. Priceline.com (PCLN) beats third quarter profit expectations and the stock soars 16% after hours. iShares MSCI Emerging Markets Index bucks the market weakness and closes up on the day. First Solar (FSLR) explodes 28%. Najarian has now sold Cypress Semiconductor (CY) into the solar strength. At this point, the solar stocks are beginning to get to over-heated. Adami advises taking profits in Evergreen Solar (ESLR).
Auction house Sotheby's (BID) had major issues selling a quarter of its paintings, including a well known Van Gogh piece that was suppose to fetch $35 million. Finerman tells viewers that when BID doesn't sell these pieces they own them and they now own them at the worst time. She predicts a crack in the art market and BID could get annihilated.
Bidding for Biogen (BIIB) has begun with rumored acquirers Pfizer (PFE), Merck (MRK) and Johnson & Johnson (JNJ) leading the pack.
Pops & Drops
Pops- McDonald's (MCD) traded up 2% after posting a 6.9% increase in October same-store sales.
Monsanto (MON) traded up 4% .
Mobile Telesystems (MBT) 9% and VimpelCom (VIP) jumped 8%.
Procter & Gamble (PG) traded up 2%
King Pharmaceuticals (KG) traded up 14% after posting a quarterly loss.
Restoration Hardware (RSTO) exploded up 140%.
Drops- PetroChina (PTR) fell 6% as the China trade continues to unwind.
Oracle (ORCL) fell 8% as the Nasdaq took it on the chin Thursday.
Final Trade
Seymour is positive about Alcoa (AA).
However, Adami thinks the market will continue to decline and he would play it with Short Dow30 Proshares (DOG).
Finerman recommends Watts Water Technologies (WTS).
Najarian favors Boston Scientific BSX for the options activity he noticed in the device maker on Thursday.
Vig likes EOG Resources (EOG) and Continental Resources (CLR) for plays on oil and natural gas.

Labels: AAPL, BHP, CNBC, CSCO, EMC, Fast Money, Fast Money Recap, GOOG, MS, RTP, VMW

Here are 7 trading ideas for today. This list comes directly from the TradingMarkets Stock Indicators page and is based upon our latest quantitative research.
Bullish
Laps Down 5% or More: These are stocks that lap down by 5% or more and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that lap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Excel Maritime Carriers (NYSE:EXM - News) & BHP Billiton (NYSE:BHP - News). EXM's PowerRating (for Traders) is 8, and BHP'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.
Garmin (NasdaqGS:GRMN - News) & Imergent (NYSE:IIG - News). GRMN's PowerRating (for Traders) is 8, and IIG's PowerRating (for Traders) is 7.
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.
Ninetowns Digital World (NasdaqGM:NINE - News). NINE'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.
Dryships (NasdaqGS:DRYS - News). DRYS's PowerRating (for Traders) is 7.
Bearish
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.
F5 Networks (NasdaqGS:FFIV - News). FFIV's PowerRating (for Traders) is 3.
Published By TradingMarkets.com

Labels: BHP, DRYS, EXM, FFIV, GRMN, Hot Stocks, IIG, NINE

Chip stocks traded lower after Morgan Stanley downgraded Intel (INTC), Advanced Micro Devices (AMD) and NVIDIA (NVDA) to underweight. CSX Corporation (CSX) traded lower after it was also downgraded by Morgan Stanley. Mattel (MAT) and Hasbro (HAS) traded lower after BMO Capital Markets downgraded the toy sector. Macke: the downgrade is about taking gains and he is still long Hasbro and Disney (DIS).
Carl Icahn: raised his stake in Temple-Inland (TIN) to 8.9% and BEA Systems (BEAS) to 11%.
Word on the Street
Wheat traded lower for the second day in a row on bearish planting forecasts. Najarian: the pullbacks in commodity names like BHP Billiton (BHP) and Freeport-McMoRan (FCX) are buying opportunities. He also sees continued buying in October call options on EchoStar (DISH). Macke agrees.
iShares FTSE/Xinhua China 25 Index ETF: falls 5% after a huge 2-day run.
TXU (TXU): Dylan Ratigan reported that financing for a TXU (TXU) buyout could be set to go next week. If this deal closes it will be the largest private equity deal ever. Finerman says that Guitar Center (GTRC) is also close to getting a deal done. Finerman's play on this very recent trend is Lehman Brothers (LEH) and Goldman Sachs (GS).
Blackberry
The Blackberry has been a gigantic hit for Research In Motion (RIMM) and investors have seen the stock for RIMM go up 126% on the year. Global Crown Capital increased the RIMM target price to $180 a share.
Face2Face
First writer asked about China Finance Online (JRJC), China BAK Battery (CBAK) and even Baidu.com (BIDU). Macke says neither bubble nor exuberance come to mind. He tells writer that these are momentum plays and you should treat them as such.
Another writer asked for some insight into what Garmin's (GRMN) recent volume is telegraphing? It was 7 times the average volume to the downside when the NAVTEQ (NVT) deal was announced Monday. Finerman: this is disruptive for two reasons. First, it makes the valuation of Garmin rich, and second it's a problem for Garmin to have someone buy the software it needs to make its product. Finerman owns NAVTEQ for a play on Garmin taking it over.
Pops & Drops
Pops- Panera Bread (PNRA) traded up 8%. Adami thinks Panera will rally into earnings and then it will be time to sell it.
Harley Davidson (HOG) traded up 6% off. Najarian says its still way off the highs.
Kaiser Aluminum (KALU) popped 7%. Finerman agrees that the stock is still undervalued.
Circuit City (CC) traded up 5%. Macke: Get out of Circuit City while you can.
KB Home (KBH) traded up 5%. Adami says take the profits and run.
NYSE Euronext (NYX) traded up 2%. Adami says $85 will be big resistance for NYX.
Drops- Wynn (WYNN) fell 10% and Las Vegas Sands (LVS) fell 12% off of disappointing growth numbers for Macau. Najarian says the numbers out of Macau were not as big as people thought they would be, hence the disappointment.
Midway Games (MWY) fell 5%. Macke: MWY is married to Sony whose Playstation has tough competition against the Nintendo Wii.
Final Trade
Macke: sell homebuilders and book the short-term gains.
Finerman: going with Icahn and BEA Systems (BEAS).
Najarian likes Apple (AAPL).

Labels: AMD, BEAS, BHP, CNBC, CSX, DIS, DISH, Fast Money, Fast Money Recap, FCX, HAS, INTC, MAT, TIN

The S&P 500 is now up 7.6% on the year, and the Dow is up 11.3%.
The commodity sector had its best monthly performance in 32 years. Adami: Scared that a gold company like Newmont (NEM) is down 8% from its high, while gold is near 27 year highs. Finerman suggests that the poor stock performance is due to company specific problems unrelated to the gold market. Najarian maintains that gold is going higher, but advises keeping an eye on coal stocks. His coal plays are BHP Billiton (BHP), Consol (CNX) and Peabody (BTU).
The Chinese Stock Market: put in its best quarterly performance ever. Everyone keeps calling a top in China, but Najarian feels there's still room on the upside. He favors China Mobile (CHL), China Unicom (CHU) and Baidu (BIDU). Adami continues to advise investors to take profits in China Mobile.
Technology: 52-week highs were achieved by leading technology stocks like Research In Motion (RIMM) and Apple (AAPL). Najarian: "the wireless run that isn't over". He also steers investors to memory plays like SanDisk (SNDK) and Micron (MU). Macke owns Intel (INTC) for PC growth and continues to hold it. He sees it going to $30, if the consumer hangs in. Adami's attention is set on Microsoft (MSFT) and he is calling for it to trade up through $32.
Solar stocks: exploded higher this week. Najarian offers Cypress Semiconductor (CY) which owns a chunk of SunPower (SPWR).
Word on the Street: General Motors (GM) traded higher after striking a deal with the United Auto Workers. Macke: Says that it was a great deal for General Motors and the labor union took it on the chin. The deal will also benefit Ford (F). Finerman: prefers the auto suppliers and picks Lear (LEA) as the best choice.
Consumer Stocks: Warnings from Target (TGT) and Lowe's (LOW) helped to put pressure on consumer stocks this week. Macke points out that the consumer is a mixed bag right now, and regardless of the warnings, investors should own a best of breed stock like Target. Contrarian Najarian says sell Target and buy Kohl's (KSS)
Unknowns: The unknowns are the US economy, the housing market and the credit crunch. Najarian: picks included Companhia Vale do Rio Doce (RIO), Manitowoc (MTW) and BHP Billiton. Adami: says Dell (DELL) is the best name. Knowing that commodities are a sure thing, he also recommends a farmer trade with Potash (POT) and Agrium (AGU). Macke: stick with stuff that has been working like McDonald's (MCD), Hewlett Packard (HPQ) and Intel. Finerman: lower risk with big multinationals that have safe balance sheets. Kraft (KFT), Estee Lauder (EL) and Johnson & Johnson (JNJ) come to mind.
Chartology: Louise Yamada, the highest ranked technical analyst on Wall Street from 2001-2004 was on the show. Yamada thinks the S&P 500 could go through the all-time highs, but the volume is less than impressive in her eyes. Adami: the market is setting up for a nice rally into next year. Yamada took a look at the chart of Cisco (CSCO). She declares that CSCO is a buy right now and is poised to go much higher. Macke agreed and said that big cap tech is under owned. Lastly, Yamada analyzed the chart of Centex (CTX). She thinks that CTX can rally back to $40 and then investors should sell because ultimately, it's going to $10.
Fast Fire: Finerman recommended buying Brown Shoe (BWS). Since her call, BWS has dropped 7%. Finerman won't give up on BWS. Adami proposed buying Masco (MAS). Masco has traded down 5% since his call. Adami is more patient and says you can buy it down to $22.50. Najarian told traders to buy St. Jude (STJ). The stock has fallen 4%. Najarian won't budge on STJ.
Bulls: EchoStar (DISH). Macke nailed it and DISH is up 8% since his call. On August 17th Finerman gave out Daimler (DAI) for a buy. She was on the money and the stock was up a whopping 25% since her call. On August 18th Adami recommended getting long China Mobile. Adami hit this one out of the park. The stock is up 45% since his call. Najarian proposed solar plays with Trina Solar (TSL), Suntech Power (STP) and SunPower (SPWR). All three went up double digits since that recommendation.
Pops & Drops
Pops- eBay (EBAY) popped 22%, Amazon (AMZN) popped 35%, and Blue Nile (NILE) exploded up 56%. Macke says these are the toughest shorts on the planet. Najarian loves Apple (AAPL). Whole Foods (WFMI) traded up 27%.
Drops- Wal-Mart (WMT) fell 9%. Adami says if they can get margins higher WMT goes to $60. Merrill Lynch (MER) fell 17%.
Final Trade
Adami: Target even in light of the warnings.
Najarian: gave out Cypress Semiconductor as his solar play.
Finerman: likes Yahoo (YHOO)

Labels: AAPL, BHP, BIDU, BTU, CHL, CHU, CNBC, CNX, Fast Money, Fast Money Recap, INTC, NEM, RIMM, SNDK

Stocks rose out of the gate, but were unable to hold gains as profit takers emerged after last week's solid market gains. Leading the decliners were banks, while tech shares held up relatively well. At the close, the Dow Jones lost -61 points, while the Nasdaq lost -3 points and the S&P fell -8 points. Over in the energy patch, crude eased -67 cents to finish at $80.95 a barrel.
Factory workers at General Motors (NYSE: GM - News) walked off the job on Monday after a contract negotiation deadline passed. The company failed to reach a new labor agreement with the United Auto Workers (UAW). GM is seeking to cut labor and healthcare costs after a string of billion dollar losses the past several years has left the automobile giant looking for ways to cut expenses. GM shares declined -1.2%.
Mining giant BHP Billiton (NYSE: BHP - News) saw its shares rise 4.7% after it was reported that the company is close to announcing that it has uncovered what is potentially the largest gold resource in the world at its Olympic Dam mine in Southern Australia. The report was made public by the Herald Sun.
In deal news, Abu Dhabi National Energy Company agreed to buy Canada's PrimeWest Energy Trust (NYSE: PWI - News) for $2.4 billion plus the assumption of debt. Today's deal marks the sixth acquisition for Saudi based Abu Dhabi since November. The deal, valued at $4 billion, represents a premium of 34% over where PrimeWest shares ended on Friday. The deal would give Abu Dhabi National daily production of more than 61,000 barrels of oil and gas equivalent.
Elsewhere, Australian-based Sims Group agreed to buy Metal Management (NYSE: MM - News) for $1.6 billion in stock to create the world's largest publicly traded scrap-metal recycler. The deal is valued at an 18% premium to where Metal Managements shares ended last week. The combined company would have total pro forma sales of $6.8 billion.
In tech news, shares of ValueClick (NYSE: VCLK - News) rose 7.4% after rumors circulated that the marketing company may be a takeover target. Elsewhere, EMC (NYSE: EMC - News) notched a 52-week high after several Wall Street analysts offered upbeat views of the storage maker, noting that the stock was a "buy" due to EMC's large stake in virtualization maker VMware (NYSE: VMW - News), which it spun off as an IPO about two months ago.
In other corporate news, commercial airline giant AMR (NYSE: AMR - News) tumbled -14.4% after the company reported in a regulatory filing that it expects passenger revenue from its mainline and regional carries to rise in a range of 3.7-4.7%. The rise is below many of its rivals.
By Mike Conte, BullMarket.com

Labels: AMR, BHP, EMC, GM, MM, PWI, VCLK, VMW

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:
Synnex (NYSE:SNX - News) matched earnings on Tuesday afternoon with $0.46 EPS. SNX's PowerRating (for Traders) is 6.
Microsoft (NasdaqGS:MSFT - News) gained over 2% on Monday on tomorrow's release of its flagship Xbox 360 game, Halo 3. MSFT's PowerRating (for Traders) is 5.
BHP Billiton (NYSE:BHP - News) rose over 5% on Monday, on expectations that the company will announce the discovery of the world's largest gold source in Australia. BHP's PowerRating (for Traders) is 3.
Lennar (NYSE:LEN - News) reports earnings on Tuesday morning before the market opens; watch for -$0.55 EPS. LEN's PowerRating (for Traders) is 5.
H.B. Fuller (NYSE:FUL - News) should announce $0.45 EPS on Tuesday morning before the bell. FUL's PowerRating (for Traders) is 5.
Red Hat (NYSE:RHT - News) is set to announce $0.17 EPS on Tuesday afternoon. RHT's PowerRating (for Traders) is 4.
When Worthington (NYSE:WOR - News) reports earnings on Tuesday afternoon, look for $0.22 EPS. WOR's PowerRating (for Traders) is 5.

Labels: BHP, FUL, Hot Stocks, LEN, MSFT, RHT, WOR

The Fed's 50 point cut on Tuesday sparked the stock market, and CNBC's "Fast Money" discussed why the bulls are running, and what it means for financial stocks:
Najarian: Tuesday's actions all about the financials. Financial Select Sector SPDR, ton of volume in call options.
Macke: Can't be short financials now.
Adami: continues to like financials; Lehman Brothers(LEH), Goldman Sachs (GS) and Morgan Stanley (MS)
All Clear on Wall Street? CNBC's Charlie Gasparino discussed whether brokers are a buy now. Gasparino feels confident about most of the brokers except Bear Stearns (BSC)--lease diversed and tied to credit markets.
OIL: Crude oil hit another record touching $81.51 and gold traded to $735, its highest level in 27 years. Author Dennis Gartman: Shocked by feds decision. Thinks stock market will continue to climb.
Housing Market: Adami: housing stocks are back for a trade. He likes Hovanian, (HOV), Toll Brothers (TOL) and Pulte Homes (PHM)
Finerman: Still likes Home Depot(HD), which she owns for its cheap valuation.
Word on the Street: Cummings (CMI) and Caterpillar (CAT) exploded higher on the Fed cut. Najarian: Thinks CAT has much more upside to come.
Global: China and Brazil's markets soared on the rate cuts. Tim Seymour, Principal at Red Star Asset Management, joined the crew to discuss the emerging markets. Seymour likes gold and Brazil ETF (EWZ)
Face 2 Face:
Viewer writes: "What happened to the recommendation to get out of gold if the Fed dropped its rates?" Adami reiterated his bearish stance on gold.
Viewer writes: "Should I sell my October $195 call options on Goldman Sachs (GS) now or is there still more upside?" Najarian- feels strong about GS, but you should take half the position off before earnings.
Viewer writes: "What is your outlook for Tiffany's (TIF) as the holiday season approaches?" Macke is positive about Tiffany's and Blue Nile (NILE)
Pops & Drops:
Pops: Macke-Caterpillar (CAT), Finerman-Target (TGT), Adami-Alcoa (AA)-could be bought out by Najarian's pick-Billiton (BHP), and Finerman-Wendy's (WEN)
Drops: Najarian-E*Trade (ETFC), Macke-Hovnanian(DOG), Adami-Boeing(BA)
Final Trade:
Macke- Macy's (M)
Finerman- Altria (MO)
Adami- Nucor (NUE)
Najarian- Companhia Vale do Rio Doce (RIO)

Labels: BHP, BSC, CAT, CMI, CNBC, ETFC, EWZ, Fast Money, GS, HD, HOV, LEH, MS, NILE, PHM, SPDR, TGT, TIF, TOL, WEN

Here are 7 options to watch for Today from www.tradingmarkets.com.
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.

BHP Billiton Nov 80 Calls (NYSE:BHP - News). BHP's PowerRating (for Traders) is 5.
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.
Biogen Idec Sep 65 Puts (NasdaqGS:BIIB - News). BIIB's PowerRating (for Traders) is 5.
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.
SanDisk Oct 60 Calls (NasdaqGS:SNDK - News). SNDK's PowerRating (for Traders) is 6.
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.
CME Group Sep 520 Puts (NYSE:CME - News). CME's PowerRating (for Traders) is 5.
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.
None today.
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.
Tyson Foods (NYSE:TSN - News). TSN's PowerRating (for Traders) is 5.
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.
Dell (NasdaqGS:DELL - News). DELL's PowerRating (for Traders) is 5.

Labels: BHP, BIIB, CME, DELL, SNDK, stock options, TSN

HMS Holdings (NasdaqGS: HMSY - News): 'We've always liked this. This is one of those companies ... that do cost control for medical.'MedcoHealth Solutions (NYSE: MHS - News)Cardinal Health (NYSE: CAH - News)AT&T (NYSE: T - News)EMC (NYSE: EMC - News): 'I think that EMC is a better way to play VMware right now.'Intuitive Surgical (NasdaqGS: ISRG - News): Freeport-McMoran (NYSE: FCX - News): 'This is a gold company and a copper company in a deflationary spiral mandated by the Federal Reserve. ... Am I backing away from it? No. ... I will say bull to Freeport.'First Solar (NasdaqGM: FSLR - News)Exelon (NYSE: EXC - News): 'Well-run ... can do well. ... I say two thumbs up to Excelon/'Hawaiian Electric (NYSE: HE - News): 'I like the utilities here. This one's got a very high yield. It's in a growth market. ... I stick with Hawaiian Electric.'
Bearish calls:
J.C. Penney (NYSE: JCP - News): 'I have been doing some work on J.C. Penney. 52-week low ... retail very hard to own ... I like to wait and see the quarter.'Posco (NYSE: PKX - News): 'It's not a House of Pain anymore. It's literally a Nation of Pain ... Don'tBuy, because it can go lower.'One National Banc (NYSE: ONB - News): 'Every bank is for sale here. ... I cannot recommend a bank on this show. I can't because I like other sectors so much more. Don'tBuy Don'tBuy Don'tBuy.'BHP Billiton (NYSE: BHP - News): ' I am not going to walk away from these, but you have to understand, these stocks are in the crosshairs of the Fed, and they are going to go down.'Fuel-Tech (NasdaqGM: FTEK - News): ' ... is so speculative in this environment.'Downey Financial (NYSE: DSL - News): 'Downey is a stock that will fly up 20 points when the Fed decides to blink. ... I think Downey's book value is pretty clean. I am surprised it got down to $47. I can't back away here.'VMware (NYSE: VMW - News): '$60 is my target, and we're already up another $7 today.'Accuray (NasdaqGM: ARAY - News): 'Accuray, frankly, is not a stock that I can pull the trigger on.'Akamai (NasdaqGS: AKAM - News): 'We know that Akamai's the wrong thing.'
Published by SeekingAlpha

Labels: ARAY, BHP, CAH, DSL, EMC, EXC, FCX, FSLR, FTEK, HE, HMSY, ISRG, JCP, Jim Cramer, Lightning Round, MHS, ONB, PKX, T, VMW

Corning (NYSE: GLW - News): ' ... you should be buying Corning (NYSE: GLW - News), which was unceremoniously dumped after a good quarter.'Lundin Mining (AMEX: LMC - News): 'All mineral stocks are getting hammered here... every single one of them ... There was just a huge amount of takeovers in this industry. Now they're dying down... You accumulate LMC... We like the combination copper, the lead... We like their product portfolio ... We have been right to buy. It will be no different this time.'NYSE Euronext (NYSE: NYX - News): 'I have been wrong so far... I believe fundamentally in the story. I can't change my view, because the fundamentals have borne me out... I am sorry, and I too am in the house of pain. I still believe though.'Prudential Financial (NYSE: PRU - News): 'They knocked it down $3 bucks... There were some concentrated raids on all the insurers ... they've got a gigantic portfolio... PRU is a great company. And it will not founder on subprime... one of the few financials I want to own!'Honeywell (NYSE: HON - News): 'There's a guy who runs that company... his name is Dave Cote. That man inspires a tremendous amount of confidence ... He's a transforming manager. He's generating a huge amount of cash... His order book is full. And I want to buy that stock right here.'Companhia Vale do Rio Doce (NYSE: RIO - News): 'This is a company that has a hammerlock on all the nickel in the world! I would not give up on these guys... As a matter of fact, any weakness ... Stocks that are up huge are getting register rung. It's the summer. That's what happens every year.'BHP Billiton (NYSE: BHP - News)Apple (NasdaqGS: AAPL - News): 'I think the raids are over. I think it's ready to resume its climb. I am not backing away from AAPL at $135. Now, when it got back to $145, please, let's do some schnitzelling (i.e., sell some).'Reliance Steel (NYSE: RS - News): 'I have been recommending Reliance Steel, which had a better quarter (than Nucor.'Chordiant Software (NasdaqGM: CHRD - News): 'They just reported a great quarter yesterday. It was great ... Let's ride that one a little bit more.'
Bearish calls:
Syntax-Brillian (NasdaqGM: BRLC - News): 'No, no! Don't buy, don't buy. Keep looking ... you should be buying Corning.'Kroger (NYSE: KR - News): 'Safeway, Kroger... They've not been recording good quarters. They've been hurt by food inflation... If it lifts, sell, sell, sell... I would trim it back.'Nucor (NYSE: NUE - News): 'I cannot get behind NUE. There are too many flies in the steel story now, with the potential slowdown in commercial real estate, if we don't get a Fed rate cut. 'Great Lakes Dredge & Dock (NasdaqGM: GLDD - News): ' ... that's one I can't go back to. That was a trade.'
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Labels: AAPL, BHP, BRLC, CHRD, GLDD, GLW, HON, Jim Cramer, KR, Lightning Round, LMC, NUE, NYX, PRU, RIO, RS

That 80s Show: ConocoPhillips (NYSE: COP - News), Energizer Holdings (NYSE: ENR - News)
Continuing the series his theory that stocks which reach $80 rise to $100 and then to $120 in a bull market, ConcoPhillips, Cramer's favorite integrated oil, was up to $84 on Tuesday, close to its 52-week high on the company's $15 billion buyback authorization. Although COP has jumped, Cramer says it is the kind of stock to buy high and sell higher. COP is an "anointed stock" which is down 3 points since the selloff, and will experience "smooth sailing" to $120. Energizer, just shy of $100 is headed to $120 because its iPod batteries will provide 46 more hours of playtime between charges, opined Cramer. In October, the company will introduce a charger that will revitalize "dead" iPod batteries. In addition, ENR is among the top 4 or 5 in share buybacks, and Cramer sees an ENR upgrade on the horizon.

Four Horsemen of Mining: CVRD (NYSE: RIO - News), BHP Billiton (NYSE: BHP - News), Rio Tinto (NYSE: RTP - News), Teck Cominco Ltd. (NYSE: TCK - News)
Cramer added TCK to his three wise men of metals: RIO, BHP and RTP to form the four horsemen of mining. In spite of TCK's smaller size, Cramer thinks it will perform as well as the others. Although its specialty is zinc which is not so hot, Cramer notes inventories of this essential metal which is used to make steel and batteries are dwindling. TCK is diversifying away from zinc and has made a bid for Auy Resources, an acquisition which will dramatically increase TCK's exposure to copper and to China, which consumes 30% of the tawny metal. Cramer adds, with the addition of Auy, TCK will be a great way to play China without the risk of owning a Chinese stock.

CEO Interview: Christopher Clement of Savient Pharmaceuticals (NasdaqGM: SVNT - News)
Christopher Clement discussed gout drug Puricase which in in Phase III of its trials before going to the FDA for approval. The drug is expected to launch in 2009, and Cramer calls Puricase "gigantic ... I think you stick with SVNT, and buy it down on any weakness."

Tears for Sears (NasdaqGS: SHLD - News)
Cramer remarked he was disappointed about SHLD's 17 point decline and added the company has to start selling real estate. However, he would hold it for at least another 18 months.

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Labels: BHP, COP, ENR, Jim Cramer, Mad Money, RIO, RTP, SHLD, SVNT, TCK

After a seesaw day, the Dow, S&P 500 and Nasdaq all closed down, but not by much. Oil prices rose again on threats of a labor strike by Nigerian workers. Futures ended the day up 1.6% to $69.09, above Friday's close of $68.00. The National Association of Home Builders (NAHB) released its builders' housing market index for June with a score of 28, the lowest since February 1991. The index, which tracks builders' outlooks for the housing market, is down from 42 one year ago. The chief economist for the NAHB said that the organization expects home prices to be a drag on the economy for the rest of 2007. This announcement comes a day ahead of the U.S. government releasing its new housing starts and building permits statistics for May.
Fast-food restaurant Wendy's (NYSE: WEN - News) is reportedly putting itself on the market after cutting its full-year earnings guidance. While there is no timetable for the sale, a special committee of the board of directors is overseeing the process after making the initial recommendation. The earnings forecast is now $295-$315 million, or $1.09-$1.32 per share. Analysts put the EPS at $1.27. While the company struggles with a shrinking market share, it announced same-store sales growth of 3.8% in the first quarter and 0.7% thus far in the second quarter through June 15th.
Australian-based mining company BHP Billiton (NYSE: BHP) is apparently in a buying mood. One source said the company is exploring options regarding a potential $40 billion takeover of Pittsburgh-based Alcoa (NYSE: AA), while Reuters said late in the day that it was looking to buy Alcan (NYSE: AL). Alcoa was recently in the news for its failed bid to take over Alcan. Alcoa was up 0.7% on the day, Alcan rose 0.9%, and BHP saw an increase of 1.3%.
General Electric (NYSE: GE) is reportedly working with Financial Times publisher Pearson Plc (NYSE: PSO) to structure a bid for Dow Jones (NYSE: DJ). The two companies plan to combine The Wall Street Journal with its current offerings of CNBC and The Financial Times. The Bancroft family, owners of the company, are currently developing a proposal to submit to original suitor News Corp. (NYSE: NWS) that would maintain the company's editorial independence.
Friendly Ice Cream (Amex: FRN) has agreed to be taken private by private equity firm Sun Capital Partners. Sun Capital Partners will acquire the ice cream parlor and casual restaurant chain for $15.50 per share, or $337.2 million. The stock has been criticized in recent months by shareholders, including a letter sent in March by activist investors. The day after the letter was sent, the company announced that it would seek to be acquired.
Finish Line Inc. (Nasdaq: FINL), a sports-clothing retailer, announced today that it would pay $1.5 billion in cash to acquire Genesco, Inc. (NYSE: GCO). Genesco recently rejected an offer from Foot Locker (NYSE: FL) to be acquired saying that the offer was too low. Finish Line Inc. says that the combined operations would have sales of about $2.8 billion from 2,870 stores in the United States, Canada, and Puerto Rico.
By the BullMarket.com Staff

Labels: AA, AL, BHP, DJ, FINL, FL, FRN, GCO, GE, PSO