Jim Cramer Blog

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Skechers (NYSE:SKX) missed earnings on Wednesday afternoon, reporting $0.26 EPS versus a cAnalysts are watching for Baidu.com (NasdaqGS:BIDU) to report late in the day on Wednesday afternoon. BIDU's Short Term PowerRating is 3.
Daimler AG (NYSE:DAI) reports earnings on Thursday before the market opens, with traders looking for $1.93 EPS. DAI does not have a Short Term PowerRating due to volume constraints.
When Comcast (NasdaqGS:CMCSA) announces results tomorrow morning before the bell, look for $0.17 EPS. CMCSA's Short Term PowerRating is 4.
Analysts are looking for Goodyear Tire (NYSE:GT) to report $0.42 EPS tomorrow before the bell. GT's Short Term PowerRating is 4.
Watch for Ingersoll-Rand (NYSE:IRto announce $0.97 EPS on Thursday morning. IR's Short Term PowerRating is 3.
Marriott (NYSE:MAR) is poised to announce $0.62 EPS on Thursday before the stock market opens. MAR's Short Term PowerRating is 4.onsensus of $0.29 EPS. SKX's Short Term PowerRating is 3.

Labels: BIDU, CMCSA, DAI, GT, Hot Stocks, IR, MAR, SKX

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

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.
Baidu.com (NasdaqGS:BIDU - News) & Sunpower (Nasdaq:SWPR - News). BIDU's PowerRating (for Traders) is 9, and SPWR's PowerRating (for Traders) is 7.
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.
Electronic Arts (NasdaqGS:ERTS - News). ERTS's PowerRating (for Traders) is 6.
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.
Wynn Resorts (NasdaqGS:WYNN - News). WYNN's PowerRating (for Traders) is 8.
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.
Microsoft (NasdaqGS:MSFT - News). MSFT's PowerRating (for Traders) is 8.
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.
JDA Software (NasdaqGM:JDAS - News). JDAS's' PowerRating (for Traders) is 8.
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.
Tenet Healthcare (NYSE:THC - News). THC's PowerRating (for Traders) is 2.
Published By TradingMarkets.com

Labels: BIDU, ERTS, JDAS, MSFT, SWPR, THC

Bullish
Diana Shipping (DSX)-
Sirius Satellite Radio (SIRI)- Need to get the merger done to go up.
Baidu.com (BIDU)-
Celgene (CELG)- This is the name.
L-3 Communications (LLL)-
Becton Dickinson (BDX)-
Lowe's (LOW)- Is low and likes retail here.
Union Pacific (UNP)- Has better breadth
Barrick Gold (ABX), Yamana Gold (AUY), Goldcorp (GG), Freeport-McMoRan (FCX)- Likes all gold.
Wyndham Worldwide (WYN)- They reported a good quarter.

Bearish
Navios Maritime (NM)- Not his favorite shipper
Sohu.com (SOHU)- "no, no, no"
Genentech (DNA)- Had to give up.
AuthenTec (AUTH)- Had a big run, but likes L-3
Burlington Northern Santa Fe (BNI) - Likes UNP better.
Las Vegas Sands (LVS)-

Labels: BDX, BIDU, CELG, DSX, Jim Cramer, Lightning Round, LLL, LOW, Mad Money Lightning Round, SIRI, UNP

After two-straight lackluster days, stocks were in rally mode on Friday spurred by Microsoft's (Nasdaq: MSFT - News) explosive earnings report and Countrywide's (NYSE: CFC - News) forecasted return to profitability. The Dow posted a triple-digit gain to close at 13,807, up 135 points for the day. The Nasdaq and S&P also gained ground to finish the week at 2,804 and 1,535, respectively. Oil prices showed no signs up slowing with the cost per barrel closing at $91.90 for December delivery. Treasury prices rose on the day, and gold also finished up, ending at $783 an ounce for the week.

On the economic front, U.S. Treasury Secretary Henry Paulson downplayed the impact surging oil prices may be having on the economy, stating that the rise was "not a positive" but noting that employment and the economy were both still growing despite the recent increase in the price of oil.
Shares of Microsoft hit a six-year high today after the software giant blew past analyst estimates. In the most recent quarter, the company saw profit soar to $4.29 billion, or 45 cents per share, up 23% from $3.48 billion, or 35 cents per share, a year ago. Revenue for the quarter climbed to $13.76 billion, up 27% from $10.81 billion in Q3 last year and besting analyst revenue expectations by more than $1 billion. On a per share basis, analysts had predicted earnings of 39 cents. The stock closed up 9.5% on the day. Subscribers can read our take on Microsoft in today's edition.
Countrywide Financial swung to a third-quarter loss, but shares of the company rebounded on better forecasts. For the period, the mortgage lender reported a loss of -$1.2 billion, or -$2.85 a share, versus a profit of $648 million, or $1.03 a share, a year earlier. The sharp decline was fostered by a -$1.31 billion write-down from its mortgage banking unit. On average, analysts were looking for a loss of -$1.28 per share. Looking forward, Countrywide said it expects to earn between 25-75 cents per share in the fourth quarter. Analysts had been predicting Q4 earnings per share of 21 cents, with some forecasting a per share loss. Countrywide's stock soared higher on the guidance, closing up 32.3% at the bell.
Chinese search engine company Baidu.com (Nasdaq: BIDU - News) said profits more than doubled in the third quarter led by a strong traffic numbers. The company announced quarterly profits of 181.7 million yuan ($24.2 million), up from 85.3 million yuan reported last year. On a per share basis, Baidu saw earnings of 5.23 yuan (70 cents), up from 2.46 yuan a year earlier. Excluding one-time charges, the company earned 5.38 yuan per share, or 72 cents. Revenue for the quarter increased to 496.5 million yuan ($66.3 million), up from 237.6 million yuan last year. Baidu shares traded 5.7% higher for the session.
In corporate news, shares of Merrill Lynch (NYSE: MER - News) moved higher amid speculation that its CEO, Stanley O'Neal, may soon be exiting and that the firm may be considered a takeover target. The rumors were welcomed by investors who saw the company's stock drop after its weak earnings report earlier in the week that included a massive -$7.9 billion write-down. The stock finished up 8.2% on the day.

By the BullMarket.com Staff

Labels: Baidu.com Inc., BIDU, CFC, Countrywide Financial Corp., MER, Merrill Lynch and Co. Inc., Microsoft Corp., MSFT

Here are 7 stocks for traders for Friday from TradingMarkets.com:
Ruby Tuesday (NYSE:RT - News) fell 14% on Thursday, after announcing that future revenues (2008) will miss projections by a long shot. RT's PowerRating (for Traders) is 6.
During market hours on Thursday, SLM Corporation (NYSE:SLM - News) missed earnings, announcing $0.70 EPS over an expected $0.73 EPS. Despite missing numbers, SLM fell only fractionally. SLM's PowerRating (for Traders) is 4.
Wal-Mart (NYSE:WMT - News) rose about 3.4% on Thursday, after guiding higher for Q3 profit. WMT's PowerRating (for Traders) is 4.
General Electric (NYSE:GE - News) reports earnings on Friday before the market opens, with traders looking for $0.50 EPS. GE's PowerRating (for Traders) is 6.
JP Morgan cut its Q3 revenue forecasts for Baidu.com mid-day, resulting in an industry-wide selloff; Baidu.com (NasdaqGS:BIDU - News) fell -10% on the negative news. BIDU's PowerRating (for Traders) is 5.
J.C. Penney (NYSE:JCP - News) fell about 7% after missing estimates for September sales, while Nordstrom (NYSE:JWN - News) fell just over 7% on similar bad news. JCP's PowerRating (for Traders) is 5, and JWN's PowerRating (for Traders) is 5.

Labels: BIDU, GE, Hot Stocks, JCP, JWN, RT, SLM, WMT

Here are 7 options to watch for today.
Most Under-Priced Calls: These are the most under priced calls of all stocks in our database. This stock comes from today's list and is among the most under-priced individual calls.
Baidu.com Oct 400 Calls (NasdaqGS:BIDU - News). BIDU's PowerRating (for Traders) is 1.
Most Under-Priced Puts: These are the most under priced puts of all stocks in our database. This stock comes from today's list and is among the most under-priced individual puts.
Amazon.com Oct 95 Puts (NasdaqGS:AMZN - News). AMZN's PowerRating (for Traders) is 5.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. This stock comes from today's list and is among the most overpriced individual calls.
Apple Nov 195 Calls (NasdaqGS:AAPL - News). AAPL's PowerRating (for Traders) is 3.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. This stock comes from today's list and is among the most overpriced individual puts.
Amylin Pharmaceuticals Nov 140 Puts (NYSE:AMLN - News). AMLN's PowerRating (for Traders) is 6.
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.
Dendreon (NYSE:DNDN - News). DNDN's PowerRating (for Traders) is 3.
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.
None Today
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.
Liz Claiborne (NYSE:LIZ - News).
Published By TradingMarkets.com

Labels: AAPL, AMLN, AMZN, BIDU, DNDN, LIZ, stock options

Commodity Stocks
Adami: Exxon Mobil (XOM)- Take profits. US Bancorp (USB)- Sees trade opportunity. Gold- Down. Oil- Down. KB Home (KBH)- Likes for a trade. Morgan Stanley (MS) and Bank of America (BAC) also traded higher.
Macke: warns against shorting the financials because he believes the sector will continue to work on the long side. Before earnings, Macke also likes TCF Financial (TCB). Macke also believes that Activison (ATVI) and Electronic Arts (ERTS) make more money off the games for the Wii than games for the Playstation.
China: iShares FTSE/Xinhau China 25 Index (FXI) traded higher for the second day in a row. Najarian: U.S. investors can trade China ETF's and ADR's even when the market in China is closed. Although it has had a monster run, he still believes that Baidu.com (BIDU) will trade higher. Najarian owns BIDU. He also likes the Macau trade with Wynn (WYNN) and Las Vegas Sands (LVS).
Micron (MU) traded lower after hours on a $158 million loss. Najarian believes the run in Micron has already happened. He prefers Sandisk (SNDK) and Rambus (RMBS). Adami believes that Micron will trade higher from current levels.
Pops & Drops
POPS -- Pepsi Bottling Group (PBG) traded up 2%, hitting an all-time high. PDL BioPharma (PDLI) traded up 9%. Kohl's (KSS) popped 2% on news the firm is going to increase the number of stores by 67%. Ciena (CIEN) traded up 9% on a bullish gross margin forecast.
DROPS- Garmin (GRMN) fell 7%. Finerman sees Garmin's only solution is to buy NAVTEQ (NVT).
Face2Face
First viewer: Las Vegas Sands and Melco Entertainment (MPEL). Najarian responds that Wynn Resorts looks better then Las Vegas Sands.
CB Richard Ellis (CBG): which has fallen from $42 and is now trading at $28. Adami concedes that CB Richard is OK for a trade with a stop at $24.
Research In Motion (RIMM), NVIDIA (NVDA), EMC Corporation (EMC), Blue Nile (NILE) and Apple (AAPL) Macke believes it's a good idea to take some off the table in these momentum names.
Final Trade
Macke likes Johnson & Johnson (JNJ).
Finerman recommends Kohl's (KSS).
Adami is drawn to the action in Dean Foods (DF).
Najarian prefers PDL BioPharma (PDLI)

Labels: ATVI, BAC, BIDU, CNBC, ERTS, Fast Money, Fast Money Recap, FXI, GRMN, KBH, LVS, MU, SNDK, USB, WYNN, XOM

Bullish:
Coca-Cola (KO) or Pepsi (PEP)
Investools (SWIM): Cramer likes the stock.
Skyworks (SWKS): Cramer likes this stock and RF Micro (RFMD) until the end of the year, and then he thinks it will be time to get out.
Media (FMCN) or Baidu.com (BIDU).
Best Buy (BBY) instead of Circuit City.
Under Armour (UA): Cramer thinks this quarter is going to be good, and that UA is the place to be.
Aircastle (AYR): Cramer likes the good yield, but the stock is not exciting.
Kraft (KFT)
Oracle (ORCL) is the better software play.
Bearish:
Melco (MPEL): Cramer thinks that they know nothing about the casino business. "Sell, sell, sell!"
China Precision (CPSL): Cramer thinks this is a sell, and that you should go with Focus.
Circuit City (CC): Cramer thinks there is nothing there
Invesco (IVZ): Go with T. Rowe Price (TROW) instead.
Level 3 Communications (LVLT): Cramer thinks you should stay away and that he needs to have the CEO on the show.
Tellabs (TLAB): Don't Buy, Don't Buy, Don't Buy.
ADM (ADM): Cramer thinks that this is a lost company
Lance (LNCE): Don't buy
Red Hat (RHT): Cramer doesn't like Red Hat
Jones Soda (JSDA): Stay away from

Labels: AYR, BBY, BIDU, FMCN, Jim Cramer, KFT, KO, Lightning Round, Mad Money, ORCL, PEP, RFMD, SWIM, SWKS, UA

Here are 7 options to watch for today.
Most Under-Priced Calls: These are the most under priced calls of all stocks in our database. This stock comes from today's list and is among the most under-priced individual calls.
Amazon.com Oct 100 Calls (NasdaqGS:AMZN - News). AMZN's PowerRating (for Traders) is 4.
Most Under-Priced Puts: These are the most under priced puts of all stocks in our database. This stock comes from today's list and is among the most under-priced individual puts.
Baidu.com Oct 240 Puts (NasdaqGS:BIDU - News). BIDU's PowerRating (for Traders) is 6.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. This stock comes from today's list and is among the most overpriced individual calls.
Research in Motion Oct 115 Calls (NasdaqGS:RIMM - News). DISH's PowerRating (for Traders) is 4.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. This stock comes from today's list and is among the most overpriced individual puts.
MasterCard Nov 125 Puts (NYSE:MA - News). MA'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.
Travelzoo (NasdaqGS:TZOO - News). TZOO's PowerRating (for Traders) is 3.
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.
NutriSystem (NasdaqGS:NTRI - News). NTRI'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.
Beazer Homes USA (NYSE:BZH - News). BZH's PowerRating (for Traders) is 5.
Published By TradingMarkets.com

Labels: Amazon.com Inc., AMZN, BIDU, NTRI, NutriSystem Inc., Research in Motion Ltd., RIMM, stock options, Travelzoo, TZOO

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

Cramer started the Lightning Round by recommending that holders of Baidu.com (BIDU) and Focus Media (FMCN) take some profits off the table. The holders of these stocks should sell half their holdings.

Bullish:
Cisco (CSCO) is a better choice than Arris Group
Procter & Gamble (PG)
AK Steel (AKS): Cramer recommended owning AKS on the potential for a takeover.
Go with Wynn (WYNN) and Las Vegas Sands (LVS) instead
Republic Services (RSG): Likes it but would go with Waste Management (WMI) is the best-of-breed stock in this space.
Altria (MO): Stick with it and buy more if it goes below $65.
Intuitive Surgical (ISRG): "One of the great growers."
Freeport-McMoRan (FCX): Cramer expects FCX to go $120, but he wouldn't frown on investors taking profits.
Cramer likes Best Buy (BBY) or Lululemon (LULU) better.
Chipotle (CMG) instead of Buffalo Wild Wings
Garmin (GRMN): Cramer likes the stock, but it's up too much today.

Bearish:
Harman International (HAR): Wait until December to look at.
Arris Group (ARRS): Overpay
Global Payments (GPN): Cramer's not interested.
Melco (MPEL): Three boo's
E*Trade (ETFC): Cramer isn't bullish on the stock just yet. He said he doesn't think it goes below $9.
GigaMedia (GIGM): Cisco (CSCO) is the better play here also.
hhgregg Inc (HGG): No
Buffalo Wild Wings (BWLD): Cramer thinks you should get out of Buffalo Wild Wings

Labels: AKS, BBY, BIDU, CMG, CSCO, FCX, FMCN, GRMN, ISRG, Jim Cramer, Lightning Round, LULU, LVS, Mad Money, MO, PG, RSG, WYNN

Cramer started off by saying that it's important to buy stocks that will bounce back the hardest.
CBRL Group (CBRL): operator of the iconic Cracker Barrel restaurant chain. Cramer believes that the company is in a good position after revamping their menus and buying back a ton of stock. They had the biggest buyback in percentage of shares outstanding of any company at 54% over the past year. Cramer is crazy about the buyback.
He then took a couple of calls: One caller asked about Brinker International (EAT), which Cramer doesn't like at all. Another caller asked about Wendy's (WEN) and Cramer said don't even look at Wendy's. He suggested that he get in McDonald's (MCD) instead because it is best of breed.
Yesterday, Cramer discussed how Best Buy is leveraging their growth by expanding international. Tuesday he discussed Textron Inc. (TXT). He feels that its Cessna unit will have large worldwide demand in the upcoming years. Honeywell (HON), a company that has been very successful at forecasting the aircraft business, predicts record sales of business jets, Cessna's "bread and butter." Cramer said the rest of the world will soon surpass America in business jet sales, which makes Textron a solid business-jet play.
Before Cramer started the Lightning Round, he recommended that holders of Baidu.com (BIDU) and Focus Media (FMCN) take some profits off the table. The holders of these stocks should sell half their holdings.
In the next segment, Cramer talked about a defense stock that was booted from the NYSE, but will profit from the new defense budget. The stock is Navistar (NAVZ.PK). Cramer also likes Cummins (CMI) and PACCAR (PCAR) in this sector, but Navistar has a lower multiple.
Next, Cramer had John Dioniso, the CEO of AECOM (ACM) on the phone. Cramer has been recommending the stock, and the company has been delivering profits so far. In his opinion, Cramer thinks Aecom is "money in the bank."
Sudden Death:
Brookfield Asset Management (BAM): "Keep buying!"
Spartan Motors (SPAR): No, buy Navistar (NAVZ.PK) instead.

Labels: ACM, BIDU, CBRL, CMI, EAT, FMCN, HON, Jim Cramer, Mad Money, Mad MOney Recap, MCD, NAVZ.PK, PCAR, TXT, WEN

Bullish:
Cisco (CSCO): if you want to be in tech.
J.C. Penney (JCP): He thinks that this stock is undervalued and is a buy at this price.
Integrated oil companies like ConocoPhillips (COP), Chevron (CVX), and Exxon Mobil (XOM) are better plays.
American Eagle (AEO), Abercrombie & Fitch (ANF) or Aeropostale (ARO), in that order.
Kellogg (K): Cramer is bullish on Kellogg, as well as General Mills (GIS) and ConAgra (CAG).
Cramer is sticking with Baidu.com (BIDU) as the best China play.
Cramer likes NVIDIA (NVDA), Texas Instruments (TXN), and Intel (INTC)

Bearish:
Xerox (XRX)
American Capital Strategies (ACAS): Cramer's undecided on the stock, so he's avoiding it.
Tesoro (TSO): Cramer thinks gas prices aren't high enough to be in a refiner,
Luxottica (LUX): "Don’t buy!"
Hot Topic (HOTT)
Aluminum Corp. of China (ACH)
American Superconductor (AMSC)

Labels: ACAS, AEO, ANF, ARO, BIDU, CAG, COP, CSCO, CVX, GIS, INTC, JCP, Jim Cramer, Lightning Round, Mad Money Lightning Round, NVDA, TXN, XOM, XRX

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.
iShares Russell 2000 Index Oct 84 Calls (AMEX:IWM - News). IWM'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.
Network Appliance Oct 27.5 Puts (NasdaqGS:NTAP - News). NTAP's PowerRating (for Traders) is 4.
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.
Google Oct 620 Calls (NasdaqGS:GOOG - News). GOOG's PowerRating (for Traders) is 5.
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.
Baidu.com Oct 220 Puts (NasdaqGS:BIDU - News). BIDU's PowerRating (for Traders) is 2.
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.
Spectrum Brands (NYSE:SPC - News). SPC's PowerRating (for Traders) is 4.
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.
Questar (NYSE:STR - News). STR'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.
KB Home (NYSE:KBH - News). KBH's PowerRating (for Traders) is 4.
Published By TradingMarkets.com

Labels: BIDU, GOOG, IWM, KBH, NTAP, SPC, stock options, STR

Labels: ACTU, BEAS, BIDU, DISCA, FCSX, Jim Cramer, Lightning Round, Mad Money, MOT, NLY, NOK, RSH, WB, WNG