Jim Cramer Blog

Symbol
Name
Last Trade
Change
Volume
Related Info
IAX
INTL ABSORBENTS INC
5.85 1:10PM ET
1.80 (44.44%)
454,900

HOKU
HOKU SCIENTIFIC, INC
6.88 1:15PM ET
2.28 (49.57%)
11,194,115
LUNA
LUNA INNOVATIONS INC
4.76 1:16PM ET
1.01 (26.99%)
2,300,814

AIRT
AIR T INC
10.04 1:12PM ET
1.83 (22.29%)
459,195
AZC
AUGUSTA RESOURCE CP
2.90 1:08PM ET
0.50 (20.83%)
345,100

TCHCZ
21ST CENTURY HLDG WT
2.96 11:37AM ET
0.43 (17.00%)
550

DEPO
DEPOMED INC
5.20 1:15PM ET
0.74 (16.61%)
934,320

GNLB
GENELABS TECH INC
2.32 1:15PM ET
0.32 (16.00%)
1,265,899

KRY
CRYSTALLEX INTL CP
4.53 1:10PM ET
0.62 (15.86%)
14,226,000
CLWR
CLEARWIRE CORP
23.00 1:16PM ET
3.13 (15.74%)
8,743,755

NTZ
NATUZZI SPA ADS
8.47 1:11PM ET
0.82 (10.72%)
7,400
BRLC
SYNTAX-BRILLIAN CORP
5.19 1:16PM ET
0.63 (13.82%)
6,132,451

JVA
COFFEE HOLDING CO.
4.55 12:58PM ET
0.60 (15.19%)
84,700

HDY
HYPERDYNAMICS CORP
2.9901 1:09PM ET
0.2401 (8.73%)
423,200
ZIXI
ZIX CORP
1.90 1:14PM ET
0.20 (11.76%)
383,933

OMN
OMNOVA SOLUTIONS INC
5.87 1:11PM ET
0.56 (10.55%)
147,000

AXK
ACCELR8 TECH CORP
1.84 1:09PM ET
0.09 (5.14%)
2,800

ASTIZ
ASCENT SOLAR TECH
2.19 11:48AM ET
0.21 (10.61%)
45,388

EMIS
EMISPHERE TECH
4.09 1:15PM ET
0.38 (10.24%)
166,667

OMTL
OMTOOL LTD
1.94 12:56PM ET
0.18 (10.23%)
2,000

Labels: AIRT, ASTIZ, AXK, AZC, BRLC, CLWR, DEPO, EMIS, GNLB, HDY, HOKU, IAX, JVA, KRY, LUNA, NTZ, OMN, OMTL, TCHCZ, ZIXI

Potash (NYSE: POT - News): 'POT has been on the 52-week high list for what seems like months. I still like it ... Stay with POT.'Mosaic (NYSE: MOS - News): ' ... fertilizer ... Mosaic, Agrium and Monsanto ... these are all ag plays. And the ag complex, along with the aerospace complex, are in major bull market mode.'Monsanto (NYSE: MON - News)Agrium (NYSE: AGU - News)Cisco (NasdaqGS: CSCO): 'I think CSCO - with a lot of stock to buy back - with some great product offerings - should be bought at $26 ... we're down a buck and a half, and I think it's worth it to pull the trigger right here.'Virgin Media (NasdaqGS: VMED): ' ... hasn't even started the triple play yet. I was early in that stock. Early means 'wrong' in the parlance of Wall Street... But we're down a dollar in this stock and I think we should stay with VMED.'Clearwire (NasdaqGS: CLWR): 'It should never have gone down to $17. That was just crazy. I want to stick by CLWR. 'ViaSat (NasdaqGS: VSAT): 'I was surprised to see that stock go down too ... grows at 17%, with a 20x multiple. I think you've got to stick with it! I would even pull the trigger now that I've taken a look at it.'ING Group (NYSE: ING - News): 'I say ING is maybe one of the cheapest banks in the world. I like their online strategy. I am with you, I'd buy that stock!'Cleveland-Cliffs (NYSE: CLF - News): 'I think that CLF - which is the largest iron ore producer in this country - is going to be hard to maintain its independence. I want to buy some below $70...but I was, like you, chagrinned about that delayed earnings report.'3M (NYSE: MMM - News): 'This is a weak-dollar stock. We've got a weak dollar environment, a big Asian proprietary business. MMM has been a monster, a monster! MMM is going higher. MMM is still cheap. It can go up another two multiple points on that growth rate. I say it goes to $100. It's the strongest stock in the Dow.'Dynegy (NYSE: DYN - News):El Paso (NYSE: EP - News): 'We have been behind this company, ever since they decided to clean up their balance sheet.'Dynegy (NYSE: DYN - News)Halliburton (NYSE: HAL - News)
Bearish calls:
Harris Interactive (NasdaqGS: HPOL): 'I don't see a lot going on there ... Don't buy, don't buy.'Lamar Advertising (NasdaqGS: LAMR): ' ... even though the quarter was terrific, I worry about regulation coming in ... They make billboards that change, and they're very exciting, but maybe so exciting that they cause accidents! ... Sell, sell, sell!'HMS Holdings (NasdaqGS: HMSY): 'This stock is very expensive. It sells at more than twice its growth, so I cannot recommend it on this show. Don't buy, don't buy. But I do like that segment very much. But valuation keeps me from pulling the trigger.'Giant Industries (NYSE: GI - News): 'I myself am a seller of the refiners. I think that margins have peaked. I would sell that stock. Ring the register. You've got a gigantic gain. Please don't give that gain back. Sell, sell, sell!'
Published by SeekingAlpha

Labels: AGU, CLF, CLWR, DYN, EP, HAL, ING, Jim Cramer, Lightning Round, MMM, MON, MOS, POT, VMED, VSAT

Gol Linhas Aereas Inteligentes (NYSE: GOL - News)
"Monopolistic, anti-competitive behavior is now in style in Brazil!" declared Cramer, who is bullish on GOL, a Brazilian airline which is acquiring its long-time competitor, Varig, after it went "belly up." At less than $100 million in cash, Varig was a bargain, and Cramer thinks the acquisition should send GOL up 30% in a straight line to $40. While Wednesday's 10% increase would otherwise inspire caution, Cramer does not think investors should wait for GOL to pull back, but would go ahead and buy; "We're in 'never-look-back-ville'!"

Benefit of the Doubt: Polo Ralph Lauren (NYSE: RL - News) COO Roger Farah, and Saks' (NYSE: SKS - News) Steve Sadove and Ron Frasch
Next on Cramer's list of executives who deserve the benefit of the doubt is RL's COO Roger Farah. While CEO Ralph Lauren is a "visionary" Cramer credits Farah for breathing new life in the brand "which had been spread out, truncated, over-licensed and diluted... and he turned it back into a powerhouse." Cramer likes RL because it is "the ultimate high-end play" and should have 12% to 15% growth. He also praised the company for purchasing the rest of Polo.com. However, market players turned on Farah after RL's fantastic quarter because they suspected him of guiding down estimates. In spite of Farah's assurances, the stock is still down, although it has recovered somewhat, and Cramer would stay with RL. He also likes SKS CEO Steve Sadove because he "keeps the money coming in" and its vice chairman and chief merchant Ron Frasch who is a"merchandizing genius," according to Cramer.

Sell Block: Syntax-Brillian Corp. (NasdaqGM: BRLC), AT&T (NYSE: T - News), Verizon (NYSE: VZ - News), BP (NYSE: BP - News), Exxon Mobil (NYSE: XOM - News), Transocean (NYSE: RIG - News), Movado (NYSE: MOV - News), BigBand Networks (NasdaqGM: BBND), Sourcefire (NasdaqGM: FIRE), Glu Mobile (NasdaqGM: GLUU), Aruba Networks (NasdaqGM: ARUN), Clearwire (NasdaqGS: CLWR), ETelecare (NasdaqGM: ETEL)
No matter how much he likes BRLC's story, he would sell the stock after CEO Vincent Solitto touted his company on Mad Money but failed to mention that he raised $15.5 million through a side deal which involved issuing shares at a special price "To me, it was galling... it was disspiriting," said Cramer; "Syntax-Brillian?... I don't like your style." Cramer would trade some T for VZ because VZ is less expensive and has a higher yield. He also suggested selling BP and picking up XOM "if you absolutely have to own an integrated" or RIG. He mentioned MOV has a good entry point at $28.74. Cramer gave an update on IPOs, saying he still likes BBND which he would buy it on any weakness, but suggests schnitzeling out of (selling the profits from) FIRE. He still doesn't like GLUU or ARUN. Cramer says CLWR is "on sale" now that it is settled into the $20-$21 range. Finally, Cramer would take profits from ETEL on any strength, since it has increased substantially.
CEO Interview: Scott Huennekens, Volcano (NasdaqGM: VOLC) with General Electric (NYSE: GE - News), Koninklijke Philips Electronics (NYSE: PHG - News)
Cramer asked Scott Huennekens to explain VOLC's agreements with GE and PHG; "GE has rights to one version of our product that it can integrate into its cath lab, and earlier this week we announced the deal with Philips for another version। So as we move forward, GE is going to have exclusivity to the advanced functionality version of the product, and the lower functionality version will also be incorporated onto Philips and other larger manufacturer systems," Huennekens said. He envisions every cath lab with an Ivus machine in it as the need to visualize arteries through less invasive approaches increases. Cramer gave VOLC a triple buy.
Published By SeekingAlpha

Labels: BP, CLWR, ETEL, GE, GLUU, GOL, Jim Cramer, Mad Money, MOV, PHG, RIG, RL, SKS, VOLC, VZ, XOM

Bullish calls:
Walt Disney (NYSE: DIS - News): 'The stock itself is a screaming buy. It's a buy, buy, buy! They have bought back - one of the biggest buybacks ... This stock goes higher. I would buy it right here. Buy, buy, buy!'Clearwire (NasdaqGS: CLWR): 'They priced this deal badly with everybody in it, they got hurt. But they have no shame... I think CLWR is a long-term winner, because they have Craig McCaw... We are not going to make money now, because all the flippers are in it... Shame on them. It remains a buy.'Ameriprise Financial (NYSE: AMP - News): 'Warren Buffet likes it. I like it. I hadn't realized that that stock had come down that much... At $55? You know, this thing is growing at 10%. It sells at 14x earnings...Hey, you know what? AMP - Buy, buy, buy!!'Savient Pharmaceuticals (NasdaqGM: SVNT): 'They've got a phase III deal coming. I never liked SVNT for the earnings. I liked it for all the stuff in the pipe.'Genzyme (NasdaqGS: GENZ)Celgene (NasdaqGS: CELG): 'CELG is on the move. That is the one to buy right here!'Gilead Sciences (NasdaqGS: GILD)Transocean (NYSE: RIG - News): 'We like RIG, which I said was going to go to $75, and it did today. It will be back Friday, if you missed it.'Halliburton (NYSE: HAL - News)GlobalSantaFe (NYSE: GSF - News): 'We like GSF, another offshore driller.'Foster Wheeler (NasdaqGS: FWLT): 'If you want to be in that business, you consistently ... go buy FWLT. And the reason is that they don't have a lot of overruns. And I think you absolutely have to fear overruns more than anything else in that group. I think that FWLT is the play.'Walgreen (NYSE: WAG - News): ' ... anytime you can get that stock below $45, you pull the trigger... That is one of the best-run... the best safety in the retail business.'Yamana Gold (NYSE: AUY - News): ' ... we want to be in AUY! That's the gold company.'
Bearish calls:
Patterson-UTI Energy (NasdaqGS: PTEN): 'No, the other day we talked about this... The other day we said we are not going to buy domestic drillers ... because we are offshore. PTEN is wrong.'Washington Group (NasdaqGS: WGII)Marsh & McLennan (NYSE: MMC - News): 'I took Cherkasky [CEO] off the 'Wall of Shame,' because he's trying his best, but there's no earnings momentum there. They need a new guy there, or they should sell themselves.'Kinross Gold (NYSE: KGC - News): 'No! KGC is a sale! We don't want no stinking KGC!'
Published By SeekingAlpha

Labels: AMP, AUY, CLWR, DIS, GSF, HAL, Jim Cramer, Lightning Round, Mad Money, RIG, WAG

Stocks partially rebounded from a spate of Friday afternoon profit taking to finish mixed. A government employment report that came in as expected and a drop in the U.S. trade deficit helped give traders some confidence in the economy going forward. The 10-year Treasury note and crude oil futures both dropped sharply. The yield on the 10-year note rose to 4.59%, while crude slipped to just above $60 a barrel.
The Labor Department reported the unemployment rate fell from 4.6% to 4.5% in February as U.S. employers added 97,000 non-farm workers. A drop in construction jobs was offset by gains in the services sector. Average hourly earnings rose 6 cents to $17.16. The employment numbers were in line with expectations. The Commerce Department, meanwhile, reported that the January U.S. trade deficit narrowed by -3.8% to $59.1 billion.
In today's market action, Yahoo (Nasdaq: YHOO - News) dropped -5% on a report in The Wall Street Journal that the company might lose a long-standing contract with AT&T (NYSE: T - News). Subscribers can read our take on the Journal article and the market's reaction to it in today's issue. National Semiconductor (NYSE: NSM - News) was one of the day's better performers after it raised its full-year guidance, despite the fact that it reported a -45% drop in earnings. The maker of analog chips cited improved bookings for its increased outlook. For the quarter ended February 25th, the company reported profits of $71.5 million, or 22 cents a share, down from $130 million, or 37 cents a share, a year earlier. Revenue dropped to $431 million, well below last year's $548 million.
In other earnings-related news, homebuilder Hovnanian Enterprises (NYSE: HOV - News) dropped -4% after the company reported a FQ1 loss and cut its full fiscal year target. The company lost -$57 million, or -91 cents per share, for the quarter ended January 31st. The loss was less than the company had forecast, but it nonetheless reduced its full-year earnings target to $1.10-1.50 per share from earlier guidance of $1.50-2.00 a share.
Amgen (Nasdaq: AMGN - News) slid -2% to a 52-week low after the Food & Drug Administration announced new label warnings for the company's top-selling anemia treatments Arenesp and Epogen. The new warnings will note an increased risk of death, heart trauma, blood clots, and tumor growth when used at higher-than-recommended doses. The warning also applies to Procrit from Johnson & Johnson (NYSE: JNJ - News), but that stock finished modestly higher.
Shares of wireless Internet provider Clearwire (Nasdaq: CLWR - News) sank -10% on their second day of trading following its IPO Wednesday. Intel (Nasdaq: INTC - News) and Motorola (NYSE: MOT - News), which are significant investors in the company founded by cable mogul Craig McCaw, were also slightly lower today.
In the transportation sector, package-delivery giant FedEx (NYSE: FDX - News) was upgraded to a "buy" by Stifel Nicolaus. The firm also cut its rating on C.H. Robinson (Nasdaq: CHRW - News) to "sell." Robinson, a logistics company that coordinates global shipping through other freight-haulers, lost -5% today. Stifel Nicolaus said the stock was overvalued and that the company faces challenges to maintaining margins and growing its business.
By the BullMarket.com Staff

Labels: AMGN, CHRW, CLWR, FDX, HOV, INTC, JNJ, MOT, NSM, T, YHOO

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Labels: AFSI, BBND, CLWR, FIRE, Jim Cramer, KO, Mad Money, PRAA