Jim Cramer Blog

Here are 7 stocks for traders for Friday from TradingMarkets.com:
Brocade (NasdaqGS:BRCD - News) beat earnings on Thursday after the bell, announcing $0.17 EPS over an expected $0.13 EPS. BRCD's PowerRating (for Traders) is 4.
Dell (NasdaqGS:DELL - News) matched earnings on Thursday with $0.35 EPS. DELL's PowerRating (for Traders) is 4.
OmniVision (NasdaqGS:OVTI - News) beat earnings expectations on Thursday afternoon with $0.51 EPS over $0.43 EPS. OVTI's PowerRating (for Traders) is 7.
J. Crew (NYSE:JCG - News) beat earnings on Thursday with $0.42 EPS over $0.36 EPS. JCG's PowerRating (for Traders) is 3.
Big Lots (NYSE:BIG - News) reports earnings on Friday before the bell, with analysts looking for $0.12 EPS. BIG's PowerRating (for Traders) is 4.
Tiffany & Co. (NYSE:TIF - News) announces earnings on Friday morning before the market opens; analysts expect 0.25 EPS. TIF's PowerRating (for Traders) is 4.
Knightsbridge Tankers (NasdaqGS:VLCCF - News) expects to report $0.44 EPS on Friday after the close. VLCCF's PowerRating (for Traders) is 3.

Labels: BIG, BRCD, DELL, Hot Stocks, JCG, OVTI, TIF, VLCCF

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.
Research in Motion Nov 145 Calls (NasdaqGS:RIMM - News). RIMM'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.
United Therapeutics Nov 95 Puts (NYSE:UTHR - News). UTHR's PowerRating (for Traders) is 2.
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.
Merrill Lynch Nov 60 Calls (NYSE:MER - News). MER's PowerRating (for Traders) is 6.
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.
Goldman Sachs Dec 200 Puts (NYSE:GS - News). GS'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.
Brocade Communications Systems (NasdaqGS:BRCD - News). BRCD's PowerRating (for Traders) is 5.
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.
H&R Block (NYSE:HRB - News). HRB'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.
Lennar (NYSE:LEN - News). LEN's PowerRating (for Traders) is 5.
Published By TradingMarkets.com

Labels: BRCD, GS, HRB, LEN, MER, RIMM, stock options, UTHR

Here are 7 stocks for traders for Friday from TradingMarkets.com:
Aeropostale (NYSE:ARO - News) beat earnings on Thursday afternoon, reporting $0.19 EPS over an expected $0.18 EPS. ARO's PowerRating (for Traders) is 4.

bebe stores (NasdaqGS:BEBE - News) also beat earnings on Thursday, with $0.21 EPS over a consensus of $0.21 EPS. BEBE's PowerRating (for Traders) is 4.
Brocade (NasdaqGS:BRCD - News) beat analysts expectations, announcing $0.13 EPS over $0.11 EPS. BRCD's PowerRating (for Traders) is 3.
AnnTaylor (NYSE:ANN - News) reports earnings on Friday before the bell, with analysts looking for $0.48 EPS. ANN's PowerRating (for Traders) is 3.
Burger King (NYSE:BKC - News) should announce $0.27 EPS on Friday morning before the market opens. BKC's PowerRating (for Traders) is 4.
HJ Heinz (NYSE:HNZ - News) is expected to report $0.63 EPS on Friday before the bell. HNZ's PowerRating (for Traders) is 4.
Gamestop (NYSE:GME - News) rose over 10% on Thursday, after the company announced a seven-fold increase in Q2, easily besting any analyst expectations. GME's PowerRating (for Traders) is 4.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: ANN, ARO, BEBE, BKC, BRCD, GME, HNZ, Hot Stocks

Bullish Calls:
Nova Chemicals (NYSE: NCX - News): 'I believe that the chemical companies are radically undervalued, particularly because there are still a lot of Europeans that still want to buy them because of strong currency... I am saying yes to NCX.'Research In Motion (NasdaqGS: RIMM - News): ' ..the highest-growth companies with best balance sheets... I am not backing away from a stock like RIMM.'EMC (NYSE: EMC - News): ' ... was down horribly today, even though the VMWare, but it was a bad day. I would buy EMC.'Hewlett-Packard (NYSE: HPQ - News)Intel (NasdaqGS: INTC - News) Cisco Systems (NasdaqGS: CSCO - News)Avnet (NYSE: AVT - News): 'I've been recommending Avnet Inc. which, weirdly, was at a 52-week high yesterday. I would swap out of IM and buy AVT. Can we wait for AVT to pull back? It just hit a high, but I like it.'
Bearish calls:
Xerox (NYSE: XRX - News): 'I feel that this is a stock that is just going to be nibbling... Don't buy, don't buy.... I am not going to recommend it.'ViroPharma (NasdaqGS: VPHM - News): 'I just recommended it. It went down and, ever since then, I have hated it. I just feel like it's not what you want to do. Sell, sell, sell!'Brocade Communications (NasdaqGS: BRCD - News): 'Huge insider buying. I thought it went down because of Greg Reyes... I know that he was just convicted....don't buy, don't buy.'Ingram Micro (NYSE: IM - News): 'It's down a lot. If I want to buy a distributor, I want something that has a little more value added.'Dun & Bradstreet (NYSE: DNB - News): 'I've always liked that company ... It's still pretty high. It's at $95 ... Don't buy, don't buy.'North American Palladium (AMEX: PAL - News): 'Bernanke doesn't know that this is a deflationary spiral... You cannot be in PAL. I do not want you to stick with PAL.'
Published By SeekingAlpha

Labels: AVT, BBY. RIMM, BRCD, CSCO, DNB, EMC, HPQ, IM, INTC, Jim Cramer, Lightning Round, Mad Money, NCX, PAL, VPHM, XRX

Bullish Calls:

FactSet Research Systems (NYSE: FDS - News): 'I think this is a natural to be snapped up by someone.'Dynegy (NYSE: DYN - News): 'A lot of people feel that it's speculative... All I can say is that they don't do as well when natural gas is weak... But that company is worth - on a break up value - a lot more ...buy, buy, buy!'Brocade Communications (NasdaqGS: BRCD - News): 'BRCD is being unfairly beaten up... It's just not that bad... But I have to tell you - if you're going to be in that sector - BRCD goes up against Cisco and CSCO is my favorite stock in that group.'EMC (NYSE: EMC - News): 'I've been buying EMC Corp. for my charitable trust, because of VM Ware... It's going to be the next big IPO since Google.'Cisco Systems (NasdaqGS: CSCO - News): 'CSCO is my favorite stock in that group.'Indevus Pharmaceuticals (NasdaqGM: IDEV - News): ' ... we've been behind IDEV... We think that that's a great spec play, and it's only a buck off its high, but we continue to like it very much.'Costco (NasdaqGS: COST - News):'I think that COST is a buy. It's my favorite retailer... literally, my favorite retailer of the group that everybody knows I cannot stand! COST reigns supreme! 'Acergy (NasdaqGS: ACGY - News): 'I think that, when you get a stock like ACGY, you've just got to ride it.'CF Industries (NYSE: CF - News): 'Please, let's ring a little register on the ag bull market. Sell, sell, sell!... No, I'm not backing away from the ag bull market! I'm simply saying that, when we play greedy, we get our heads cut off.'Mosaic (NYSE: MOS - News)Agrium (NYSE: AGU - News)Potash (NYSE: POT - News)
Bearish calls:
First Solar (NasdaqGM: FSLR - News): ' ... sell, sell, sell! - and the answer is, I've not done my job well enough. We must not be pigs. We will get killed.'General Cable (NYSE: BGC - News): 'I'm thinking I'm doubling on some of these... I've got doubles. Why am I not being more aggressive in telling people to ring the register .'Buffalo Wild Wings (NasdaqGS: BWLD - News): 'We must not be pigs.'Alcatel-Lucent (NYSE: ALU - News): 'Patricia Russo is on the Wall of Shame! And, once again, I tell you that, as long as she's running that company, despite a fabulous bull market in communications equipment, that remains a sell, sell, sell! '

Published By SekingAlpha

Labels: ACGY, AGU, ALU, BGC, BRCD, BWLD, CF, COST, CSCO, DYN, EMC, FDS, FSLR, IDEV, Jim Cramer, Lightning Round, Mad Money, MOS, POT

Shares of Brocade Communications Systems Inc. were down more than 6 percent Thursday after an analyst downgraded the stock and said the company faces a more difficult storage market.
San Jose-based Brocade (NASDAQ:BRCD - News) was at $9 in early afternoon trading after dropping as low as $8.97. The stock closed the day at $9.03.

Goldman Sachs analyst Laura Conigliaro cut her rating on Brocade to "neutral" from "buy" and said that the market is weak to begin with and some of Brocade's share may be taken by San Jose-based Cisco Systems Inc. (NASDAQ:CSCO - News).
The company's stock hit a high of $10.58 on March 26, more than double its 52-week low of $4.91 it hit in early August 2006.
Published May 3, 2007 by the Silicon Valley / San Jose Business Journal

Labels: BRCD, Brocade Communications Systems Inc.

Bullish calls:
Chemed (NYSE: CHE - News): 'I prefer CHE, when I want to do hospice.'Brush Engineered (NYSE: BW - News): 'We caught a double in this one. You know I like high-performance materials.'Allegheney Technologies (NYSE: ATI - News): 'I also reiterate right here, ATI, $107. Going higher.'FactSet Research (NYSE: FDS - News): 'Fabulous, fabulous quarter. This company seems to be doing everything Cheesecake Factory (NasdaqGS: CAKE)Chipotle Mexican Grill (NYSE: CMG - News)TD Ameritrade (NasdaqGS: AMTD): 'I didn't know that stock was below $15... You know, that's attractive here. Wow. Below $15? ... That's too cheap.'Qwest Communications (NYSE: Q - News):'I think this company is just part of a major ramp. You know that I think Dick Notebart is the best of an industry ... I'd like to buy even more.'Gmarket (NasdaqGM: GMKT): 'Look, I think the worst is over ... I just did a terrible job with it. I said take a little profit on it. I should have said take it all ... But down here, no. I would never back away from it down here, but if it gets back to $20, sell, sell, sell! All right?'eBay (NasdaqGS: EBAY)Marvell Technology (NasdaqGS: MRVL): 'They still can't get their financials out because of this darn options probe ... I don't want to sell it at $16. There's too much upside, because I just believe it's a coiled spring. I think it could go back to the $30s when they get it right ... I'm really mad at them. Memo to Marvell Tech: You guys should be ashamed!'Kinder Morgan Energy (NYSE: KMP - News): 'You are so in the house of pleasure, with a 6% dividend, with monster-good management, with a shareholder-friendly outfit... with a stock that just kind of perks along, that is the kind of thing I want you to stay with.'
Neutral calls:
Brocade (NasdaqGS: BRCD): 'I 'm waiting for the news out of the meeting, because I think that BRCD is suffering from the same incredible, unbelievable bear market that tech is in right now ... I still thought BRCD could be a good trade. Let me get more intel about how that meeting's going before I slam it here, because I like the stock.'
Bearish calls:
Yum! Brands (NYSE: YUM - News): 'I am concerned about YUM ... it didn't go down enough after the Taco Bell incident... I think that you should get out of YUM.'Stride Rite (NYSE: SRR - News): 'The quarter wasn't that good ... they've got to show some growth in the core, regular Stride Rite shoes, and they didn't do it. I think that stock is not going up here. Sell, sell, sell.'Nvidia (NasdaqGS: NVDA): 'I am not a fan of graphic chips. It's too expensive. I fear that almost every single semiconductor company that I recommend on this show goes bad. I'm saying take profits on NVDA.'

Published By SeekingAlpha

Labels: ATI, BRCD, BW, CHE, CMG, FDS, Jim Cramer, KMP, Lightning Round, Mad Money, MRVL, NVDA, Q, SRR, YUM

Game Plan for Next Week: Brocade (NasdaqGS: BRCD), Apple (NasdaqGS: AAPL), Hewlett-Packard (NYSE: HPQ - News), Phillips-Van Heusen (NYSE: PVH - News), CarMax (NYSE: KMX - News), Accenture (NYSE: ACN - News) and DSW (NYSE: DSW - News), Movado (NYSE: MOV - News)
Cramer suggested buying Brocade ahead of an analysts meeting on Thursday during which it is expected to raise its estimates. Although Cramer does not usually recommend Cisco's competitors, the stock should rise after the meeting and he predicts Cisco might buy BRCD. While he likes BRCD as a trade, the only tech stocks good for investments are AAPL and HPQ. Cramer expects strong earnings reports next week from PVH, KMX, ACN and DSW. Cramer's top stock next week is MOV which he thinks will deliver a "substantial upside surprise."
Good and Bad IPOs Photowatt, eTelecare with stock First Solar (NasdaqGM: FSLR)
Cramer discussed two companies which are going public next week, one to pay attention to and one to avoid. Concerning Photowatt, which will trade under PHWT, Cramer says "We have had way too many solar stocks come public and there's not enough demand, even with the hype that surrounds solar... Avoid it at any price." He suggested FSLR for those who want a solar stock. However, Cramer thinks eTelecare, an outsourcing company based in the Philippines "the next great, outsourcing center," might be a good stock. It is expected to trade under the symbol ETEL from between $12.50 and $14.50. Cramer would not pay more than $15 and urged, "please buy it carefully."
Freeport-McMoRan (NYSE: FCX - News)
FCX is now a "happy oligopoly" after having merged with Phelps Dodge and has cornered copper, comments Cramer, who says its a "screaming" buy. FCX is a "terrific hedge against inflation" and is in "tremendous demand." Its secondary offering was priced at 41 million shares and FCX rose $1. Cramer notes that FCX is a well-liked stock which will continue to go up. While analyst estimates are not high, Cramer predicts FCX will provide "blow away" numbers. He adds that while demand for copper has declined in the U.S., it is a sought-after mineral in China. Cramer sees this $62 stock going to $100.
Mad Mail: Altria (NYSE: MO - News), Kraft Foods (NYSE: KFT - News), Dean Foods (NYSE: DF - News)
When asked how MO holders can lessen the risk of a downside from KFT after it is spun off, Cramer suggests buying MO's "when-issued shares।" However, he added, "Kraft will be added to the S&P 500 so there's a very good chance it won't go down at all।" Cramer would stay with DF which should go up again.
Published by SeekingAlpha

Labels: AAPL, ACN, BRCD, DF, DSW, FCX, HPQ, Jim Cramer, KFT, KMX, Mad Money, MO, MOV, PVH

Brocade (NasdaqGS:BRCD - News) reported fiscal first-quarter earnings tripled on 32% higher revenue.

CBS Corp. (NYSE:CBS - News) swung to a fourth-quarter profit from a year-earlier loss, raised its dividend 10% and plans to buy back up to $1.5 billion of stock
CDI Corp. (NYSE:CDI - News) said it earned $6.8 million, or 34 cents a share, in the fourth quarter, up from $3.3 million, or 16 cents a share, in the same period a year ago. The Philadelphia-based staffing company said revenue rose to $321 million from $290.7 million. Analysts polled by Thomson Financial were forecasting earnings of 28 cents a share on revenue of $311.2 million. "A healthy capital spending environment,plus our current pipeline of new business wins, could produce organic revenue growth in the range of 7% to 9% for 2007," CEO Roger Ballou said in a statement. CDI is expecting first-quarter revenue growth of 7% to 9%.
Cogent Inc., (NasdaqGS:COGT - News) the South Pasadena, Calif., provider of fingerprint-biometric services, reported fourth-quarter net income fell 34% as revenue decreased 8.5%.
HealthExtras Inc.'s (NasdaqGS:HLEX - News) fourth-quarter net income rose 94% as the Rockville, Md., pharmacy-benefits-management company's revenue more than doubled to $396.2 million. For 2007, the company sees earnings of $1 to $1.06 a share on revenue of $1.8 billion.
Herbalife Ltd.'s (NYSE:HLF - News) fourth-quarter net income rose 39% on 19% higher sales.
Marvell Technology Group Ltd. (NasdaqGS:MRVL - News) posted preliminary fourth-quarter net revenue of $622 million compared with $489 million during the year-ago period.
RadioShack (NYSE:RSH - News)reported fourth-quarter net income of 62 cents a shae, up from 38 cents in the year-earlier period. Revenue was $1.46 billion compared with $1.67 billion. Analysts surveyed by Thomson Financial had been estimating 43 cents on revenue of $1.47 billion.
Superior Energy Services Inc. (NYSE:SPN - News) fourth-quarter earnings more than tripled as revenue at the Harvey, La.-based provider of oilfield services and equipment rose to $319.1 million vs. $188 million. The year-ago results were hurt by Hurricanes Katrina and Rita.
TNS Inc. (NYSE:TNS - News) swung to a fourth-quarter net loss of 28 cents a share from earnings of 6 cents a share. Excluding charges the loss was 13 cents a share. The Reston, Va.-based provider of the data communications services posted revenue of $74.4 million vs. $65.6 million.

Published By MarketWatch

Labels: BRCD, CBS, CDI, COGT, HLEX, HLF, MRVL, RSH, SPN, TNS

Rejecting Tech: Advanced Micro Devices (NYSE: AMD - News), Intel (NASDAQ: INTC - News), Texas Instruments (NYSE: TXN - News), Qualcomm (NASDAQ: QCOM - News), National Semiconductor (NYSE: NSM - News), Marvel (NASDAQ: MRVL - News), MRV Communications (NASDAQ: MRVC - News), Apple (NASDAQ: AAPL - News), Symantec (NASDAQ: SYMC - News), Rackable Systems (NASDAQ: RACK - News), Brocade Communications (NASDAQ: BRCD - News) and EMC (NYSE: EMC - News), Research in Motion (NASDAQ: RIMM - News)
Since it is mid-January, Cramer tells investors that it is time to get out of tech, with a few notable exceptions. The tech businesses that are particularly troubled are cell phones, handheld products, storage stocks, semiconductors and software. Many of these companies are plagued by competition, which is a more destructive force than the calendar. It is for this reason Cramer suggests staying away from Intel and AMD, which are locked in a fierce price war, and he thinks that even the Vista launch will not propel these stocks. Cramer would also sell TXN, QCOM and NSM. However, he would stay with MRVL which is levered to Apple's iPhone. He also likes MRVC because it is poised to spin off one of its divisions. On the other hand, Cramer said that Symantec was a "disaster" and that it had "one of the ugliest preannouncements that was never supposed to happen." He would also stay away from storage companies RACK, BRCD and EMC. Since the handheld trade is "dead," Cramer would unload Research In Motion.

Playing for Keeps: Cisco (NASDAQ: CSCO - News), Apple (NASDAQ: AAPL - News), Hewlett-Packard (NYSE: HPQ - News), Google (NASDAQ: GOOG - News), Microsoft (NASDAQ: MSFT - News), Level 3 Communications (NASDAQ: LVLT - News)
Cramer said that some tech stocks transcend the calendar with "blowaway earnings" and great products. He would stay with CSCO, AAPL, HPQ, GOOG and MSFT or buy them on weakness. Although investors may be tempted to cash in on CSCO, Cramer says that CSCO has a "product-driven story that cannot be denied," its competitors are out of the picture and its three downgrades have taken risk out of the stock. Apple reported a strong quarter, gave "ridiculously low guidance" and should continue going up because of the iPhone, according to Cramer. MSFT's dip is a "big fat gift," and Cramer calls Vista the "single most awaited product story in years." He anticipates a big upside surprise with Google and calls it the best internet stock. For a good speculative internet play, Cramer recommends LVLT.
Published By SeekingAlpha

Labels: AAPL, AMD, BRCD, CSCO, EMC, GOOG, HPQ, INTC, Jim Cramer, LVLT, Mad Money, MRVC, MRVL, MSFT, NSM, QCOM, RACK, RIMM, SYMC, TXN

1. CDC Corp. (CHINA)
Composite Rating: 99*. Hong Kong-based business software maker owns three straight quarters of accelerating sales growth. Also runs online entertainment site. Accumulation/Distribution Rating: A+**

2.Telestone Technologies (TSTC)
Composite Rating: 99. The wireless telecom equipment maker owns a three-year earnings growth rate of 53%. Accumulation/Distribution Rating: A

3. Siliconware Precision Industries (SPIL)
Composite Rating: 98. Annual profit from the Taiwanese provider of semiconductor packaging and testing services is expected to jump 45% this year. Accumulation/Distribution Rating: B+

4.Brocade Communications Systems (BRCD)
Composite Rating: 98. Third-quarter earnings from the networking equipment maker surged doubled to 14 cents a share. Accumulation/Distribution Rating: B-

5.Alliance One Int’l (AOI)
Composite Rating: 97. Leading leaf tobacco merchant recently raised full-year 2007 guidance. Accumulation/Distribution Rating: A-

6.New Frontier Media (NOOF)
Composite Rating: 94. Earlier this month, the movie distributor declared a special dividend of 60 cents a share, payable on Feb. 14 to shareholders of record Jan. 15. Accumulation/Distribution Rating: B

7.Bovie Medical (BVX)
Composite Rating: 94. Medical device maker recently entered into distribution deal with Boston Scientific. Accumulation/Distribution Rating: B-

8.ClickSoftware Technologies (CKSW)
Composite Rating: 92. Business software maker recently reported third-quarter profit of 3 cents a share, reversing a year-ago loss of a penny a share. Accumulation/Distribution Rating: A-
9.Rhodia (RHA)
Composite Rating: 91. France based specialty chemical maker’s earnings are expected to rocket 550% in 2007. Accumulation/Distribution Rating: A

10. Winthrop Realty Trust (FUR)
Composite Rating: 90. Real estate investment trust, specializing in retail, office, and mixed-use properties. Accumulation/Distribution Rating: B
-IBD

Labels: AOI, BRCD, BVX, CHINA, CKSW, FUR, NOOF, RHA, SPIL, TSTC