Jim Cramer Blog

Bullish calls:
Walt Disney (DIS): 'Again, I don't play for DIS, but I'm certainly not going to blast it. I think it's a good company.' Brookfield Asset Management (BAM): 'They've got terrific, terrific management … BAM will come back!' Hewlett-Packard (HPQ): 'HPQ has the business model and the leverage!' SunPower (SPWR) First Solar (FSLR) Johnson Controls (JCI): 'There was a man who just downgraded it … He's taken a very short-term approach. JCI has an unbelievably good business in climate control and, when autos come back, that stock's going to roar.' J. Crew (JCG) Costco (COST)
Bearish calls:
Wolseley (WOS): 'I can't endorse that company. Those companies are all doing badly.' Lowe's (LOW): 'I don't even recommend Lowe's anymore on this show.' Fannie Mae (FNM): 'It's just too hard to value right now...They just cut the dividend. Guys are going to sell it. I'm not there...' Automatic Data Processing (ADP): 'No. It's just a flatlined name. You need a stronger economy for that play.' Dell (DELL): 'DELL can buyback as many shares as it wants. HPQ has the business model and the leverage!' LDK Solar (LDK): 'No, c'mon man! The finances are unclear!' Cabela's (CAB): 'That company is just simply one of the worst publicly-traded companies I've ever seen.' South Financial Group (TSFG): 'Good stock in a really bad neighborhood … I can't touch the darn thing. Sorry to be so negative.' Home Depot (HD): 'That group is too darn hard.' Solarfun Power (SOLF)
Published By SeekingAlpha.com

Labels: ADP, BAM, CAB, COST, DELL, DIS, FNM, FSLR, HD, HPQ, JCG, JCI, Jim Cramer, LDK, Lightning Round, LOW, Mad Money, SPWR, TSFG, WOS

Valero (NYSE: VLO), Chevron (NYSE: CVX): Cramer declared he's "had enough of Valero" after touting it as cheap for a long time. With the advent of summer driving season, the peak in refinery margins ends, Cramer said. Following its big run, he would sell CVX, which is a stock Cramer was bullish on even as "the shorts were emailing me and calling me a crime against humanity."
JMP Group (NYSE: JMP): Concerning this IPO, Cramer said, "I think this is a great niche investment bank, without a lot of risk ... it's a sleeper."
Cabela's (NYSE: CAB): Cramer said he "got burned" on this ammunition company because people don't drive their gas-guzzling sports utility vehicles 200 miles to go hunting, and he comments this retail stock is the hardest hit by gas prices.
Published By SeekingAlpha

Labels: CAB, CVX, Jim Cramer, Jim Cramer's Stop Trading, JMP, VLO

U.S.-listed shares of Chinese companies plunged in the wake of the overnight sell-off in Shanghai. Shares of Mindray Medical (NYSE:MR - News), Guangshen Railway Company Ltd. (NYSE:GSH - News), Trina Solar (NYSE:TSL - News), China Southern Airlines (NYSE:ZNH - News) and Aluminum Corp. China (NYSE:ACH - News) all fell on heavier-than-average volume.
Shares of 11 exchange traded funds based on Asian markets fell sharply Tuesday, reflecting fears of economic upset after the Shanghai stock market fell almost 9% overnight. ETFs such as iShares:FTSE/Xinhua (NYSE:FXI - News), PowerShares Golden Dragon (AMEX:PGJ - News) and iShares MSCI Singapore Index Fund (AMEX:EWS - News) were hit hard.
Apple Inc. (NasdaqGS:AAPL - News) shares slumped after the company said Monday it would delay the release of its AppleTV set-top box product until mid-March. The AppleTV had originally been scheduled to be shipped in February, but an Apple spokeswoman said, "Wrapping up AppleTV is taking a few weeks longer than we projected."
AutoZone Inc. (NYSE:AZO - News) said second-quarter net income for the three months ended Feb. 10 rose 6.2% to $103 million, or $1.46 a share, from $97 million, or $1.25 a share in the year-ago period. Sales rose to $1.3 billion from $1.25 billion. Analysts surveyed by Thomson Financial forecast earnings of $1.45 a share and revenue of $1.3 billion, on average.
Blockbuster Inc.'s (NYSE:BBI - News) fourth-quarter profit dropped sharply on higher corporate expenses, the video rental company said Tuesday. Blockbuster earned $12.9 million, or 5 cents a share, down from $18 million, or 9 cents, in the fourth quarter of 2005. On an adjusted basis, the company said it would have earned $20.4 million, or 9 cents a share, vs. $25.0 million, or 12 cents. Revenue came in up 1.4% to $1.51 billion on an increase in worldwide same-store merchandise sales -- sales at stores open more than a year -- and favorable currency. The average estimate of analyst polled by Thomson Financial had been for Blockbuster to earn 5 cents a share on revenue of $1.47 billion.
Cabela's Inc. (NYSE:CAB - News) said it is filing a preliminary prospectus supplement with the Securities and Exchange Commission regarding a public offering of 4.1 million shares.
CBRE Realty Finance Inc. (NYSE:CBF - News) shares dropped after the Hartford, Conn.-based commercial real estate finance company reported fourth-quarter net earnings of $3.5 million, or 12 cents a share, up from $1.73 million, or 9 cents a share, in the year-ago period. Adjusted funds from operations rose to $5.9 million, or 19 cents a share, from $2.5 million, or 13 cents a share, last year. Revenue rose to $25.6 million from $8.78 million. For fiscal 2007, CBRE expects earnings of 86 cents to 96 cents a share and adjusted funds from operations of $1.10 to $1.20 a share.
Centennial Communications Corp. (NasdaqGS:CYCL - News) said certain affiliates of the Blackstone Group have agreed to sell 10 million shares of Centennial's common stock in an underwritten public offering at a price of $8.05 per share. Wall, N.J.-based Centennial, a provider of wireless and communications services, will not receive any proceeds from the sale of shares. Following the completion of the offering, the Blackstone Group affiliates will own 15.17 million shares of Centennial's common stock. Centennial shares fell 8.4% to $8.04 in Tuesday morning trade.
Covanta Holding Corp. (NYSE:CVA - News) reported fourth-quarter net income doubled to 8 cents a share as revenue rose to $317.9 million from $303.4 million.
Delphi Corp. (Other OTC:DPHIQ.PK - News) said fourth-quarter losses widened to $853 million from $828 million a year ago. The loss for the quarter ending December includes $200 million in impairment charges. Revenue fell to $6.4 billion from last year's $6.8 billion, while non-General Motors revenue was flat at $3.7 billion. For all of 2006, the bankrupt Troy, Mich. maker of auto parts lost $5.5 billion, which includes $3 billion in charges related to the attrition of more than 20,000 employees.
Dillard's Inc. (NYSE:DDS - News) said fourth-quarter earnings rose to $155 million, or $1.90 a share, from $98.5 million, or $1.24 a share, a year earlier. Results for the quarter ending Feb. 3 include an interest credit of 8 cents a share and a tax benefit of 79 cents a share. Excluding these non-recurring items, earnings would have been $1.03 a share. Revenue increased 3.3% to $2.46 billion from last year's $2.38 billion, while same-store sales declined 4%. Analysts surveyed by Thomson Financial had been expecting earnings of $1.09 a share and revenue of $2.42 billion, on average. Shares of the Little Rock, Ark. department store chain closed Monday down 3 cents at $34.97.
DTE Energy Co. (NYSE:DTE - News) reported fourth-quarter net income fell to 79 cents a share from $2.14 a share in the year-earlier quarter.
Dynegy Inc. (NYSE:DYN - News)said it swung to a fourth-quarter net loss of $58 million, or 12 cents a share. The firm reported a profit of $293 million, or 74 cents a share a year earlier, which included a $690 million gain from discontinued operations. Revenue for the quarter fell 36.2% to $397 million. Analysts polled by Thomson Financial had expected a loss of 4 cents a share. The firm said its proposed combination with LS Power remains on track for completion at the end of the first quarter of 2007. The deal is expected to provide more predictable cash flows, the company noted. It added its Midwest and Northeast regions delivered a stronger performance due to higher prices realized, though volumes were lower. The company cut its 2007 operating cash flow estimate to a range of $500 million to $600 million from a range of $600 million to $700 million due to a change in the timing of forward sales receipts. It maintained its forecast for 2007 earnings before interest, tax, depreciation and amortization of $1.02 billion to $1.13 billion.
Federated Department Stores Inc. (NYSE:FD - News) turned in higher fourth-quarter earnings that included hefty charges, including a loss on the sale of bridal group businesses, but offered a sharply lower-than-expected forecast. But the retailer attempted to upstage that news with a plan to change its corporate name to Macy's Group Inc. At the same time, Federated also upped its share buyback program and announced a quarterly dividend.
Focus Media Holding Ltd., (NasdaqGM:FMCN - News) the Shanghai advertising company, reported fourth-quarter net income more than tripled as revenue nearly tripled to $68.3 million.

Published By MarketWatch

Labels: AAPL, ACH, AZO, BBI, CAB, CBF, CVA, CYCL, DDS, DTE, DYN, EWS, FD, FMCN, FXI, GSH, MR, PGJ, TSL, ZNH

Here are 7 stocks for traders for Friday from TradingMarkets.com:
Chesapeake Energy (NYSE:CHK - News) beat earnings Thursday after the close, with $0.90 EPS over an expected $0.76 EPS. CHK's PowerRating is 4.
Cabela's (NYSE:CAB - News) beat earnings on Thursday after the bell, announcing $0.80 EPS over a consensus of $0.77 EPS. CAB's PowerRating is 5.
Clear Channel Communications (NYSE:CCU - News) announces earnings on Friday before the open, with analysts watching for $0.41 EPS. CCU's PowerRating is 6.
Lowe's (NYSE:LOW - News) is expected to announce $0.37 EPS on Friday before the bell. LOW's PowerRating is 6.
Mediacom Communications (NasdaqGS:MCCC - News) announces quarterly earnings Friday morning; look for -$0.07 EPS. MCCC's PowerRating is 5.
Analysts are looking for Nicor (NYSE:GAS - News) to announce $0.98 EPS on Friday morning. GAS's PowerRating is 6.
When Weingarten Realty (NYSE:WRI - News) reports quarterly earnings tomorrow morning, watch for $0.72 EPS. WRI's PowerRating is 6.
PowerRatings are courtesy of PowerRatings.net

Labels: CAB, CCU, CHK, GAS, Hot Stocks, LOW, MCCC, WRI

Bullish calls:
Dick's Sporting Goods (NYSE: DKS - News): 'I'd rather see you in DKS.'Diageo (NYSE: DEO - News): 'DEO's one of my best picks... even though they hit their 52-week high ... they are unbelievable, charging for a ridiculously bad blend... That stock, moving into China, I think DEO, at $80, goes to $100 in the next 18 months. I want you to stick with DEO.'Northrop Grumman (NYSE: NOC - News): 'I think NOC is unbelivable; they're a great company. The war has lasted a long time, and that defense appropriation budget is gigantic. Two thumbs up, way up, for all the defense contractors, including the big three of NOC, GD, and LMT.'Lockheed Martin (NYSE: LMT - News)General Dynamics (NYSE: GD - News)Goldman Sachs (NYSE: GS - News): 'I would much rather see you ... in GS, at $214 ... let's stick with best.'Six Flags (NYSE: SIX - News): 'That stock - 5-6, 5-6... When we get to summer, that stock goes to $8.'Hanesbrands (NYSE: HBI - News): ' I think HBI is very cheap ... I think HBI is a slow, plodding stock that will go higher. It's not exciting ... but it won't hurt you. I'm giving it one thumb up, but not way up.'Lowe's (NYSE: LOW - News): 'I want you to stay with LOW.'Exxon Mobil (NYSE: XOM - News): 'XOM is one of those stocks that Wall Street just absolutely loves... It returns a lot of money in dividends... It returns a lot of money in buybacks. My problem is that it's singularly unexciting ... But, that said, every money manager and his brother is into XOM.'Devon Energy (NYSE: DVN - News): 'If you want to get into oil that has a great future, I would go with DVN.'Chevron (NYSE: CVX - News): 'If you want to get into oil that is going from bad to good - and it is bad - go into CVX ... I think CVX will make you more money [than XOM.]'
Bearish calls:
Cabela's (NYSE: CAB - News):' I thought it would take off. It is still at $24. My bad ... I am distinctly now in the 'don't buy, don't buy' camp.'Home Depot (NYSE: HD - News): 'HD is run by a guy who may or may not be good ... I want you to sell HD.'Hudson City BankCorp (NasdaqGS: HCBK): ' Just added to the index - spiked up - came right back down ... Here's the problem: When you have an inverted yield curve, where the short rates are too high, and the long rates aren't that high, that's a bad environment for savings and loans in general.'Chiquita Brands (NYSE: CQB - News): 'That's a major league short ... Sell, sell, sell!'

Labels: CAB, CQB, CVX, DEO, DKS, DVN, GD, GS, HBI, HD, Jim Cramer, Lightning Round, LMT, LOW, Mad Money, NOC, SIX, XOM

Cabela's (CAB) and Archer Daniels (ADM) look like good buys right now, Jim Cramer said Monday on CNBC's "Stop Trading!" segment.
Cramer said he likes outdoor goods retailer Cabela's because hunting has gotten more affordable again with the recent decline in gasoline prices. One indication that the duck blinds are back in the game is Alliant Techsystems' (ATI) recent conference-call comment that "hunting bullets are off the charts," Cramer said.
Cramer also likes Archer Daniels, which he called a fast-growing agricultural name that trades at a discount to rivals' price-to-earnings multiples. He said the Decatur, Ill., company is growing at 10% a year but trading at only 13 times earnings estimates, while rival Bunge (BG) is growing at the same rate but fetches a 20 multiple. "Both have soybeans," Cramer noted.
Cramer wasn't positive on Pfizer (PFE), which he called "Bristol-Myers (BMY) all over again" in the wake of this weekend's cholesterol-drug debacle.
Cramer castigated Pfizer's management for what he called its "hype" of the torcetrapib cholesterol-regulating drug. Pfizer pulled development of the drug this weekend after study data showed users were dying more often than nonusers. Cramer questioned Pfizer's promotion of the drug, which he said the New York company likened to "the greatest thing since sliced bread."
"There are three things Pfizer is good at," Cramer said, calling the stock a "$25 bond with no upside." He said the three things are "issuing press releases, screaming at the media" and "blaming the system."
Luckily, "all three could come in handy" in the wake of the torcetrapib blowup, Cramer said, adding, "Pfizer, God love ya."
-Published By TheStreet.com

Labels: ADM, ATI, BG, BMY, CAB, Jim Cramer, Jim Cramer's Stop Trading, pfe