Jim Cramer Blog

Bullish calls:
Total System (NYSE: TSS - News): 'I think Total System is worth much more than $27.'Crocs (NasdaqGS: CROX - News): 'will always keep some Crocs on hand ... I like the stock. It's had a nice pullback. It's having a nice quarter. ... I want to reiterate that Crocs is still in the growth phase. I'm not abandoning the story.'Nastech Pharmaceutical (NasdaqGM: NSTK - News): 'That's the one you want to be in.'Eagle Bulk Shipping (NasdaqGS: EGLE - News)General Maritime (NYSE: GMR - News): ' ... you know I like Gen-Mar.'Apple (NasdaqGS: AAPL - News): 'I think Apple's come back enough. I like it. It's one of my four horsemen. I know it's been crushed.'Terex (NYSE: TEX - News): 'Terex is an inexpensive company that over the next few months is going to go up big.'BioMarin Pharmaceutical (NasdaqGM: BMRN - News): 'That company is smoking. All the tests are good.'International Game Technology (NYSE: IGT - News): 'The way to play the big casinos. ... Great buybacks ... smart management. ... I think I'm gonna be right. I'm buying IGT. I'm sticking with IGT.'
Bearish calls:
QLogic (NasdaqGS: QLGC - News): 'They missed the quarter. We have so many tech stocks we like that are reporting great numbers. We do not need to go down the QLogic path.'Cepheid (NasdaqGM: CPHD - News): 'I still think the stock is too high. I want to ring the register.'Acadia Pharmaceuticals (NasdaqGM: ACAD - News)Knight Transportation (NYSE: KNX - News)WMS Industries (NYSE: WMS - News): 'I don't want you in that. It's not best of breed.'
Published by SeekingAlpha

Labels: AAPL, ACAD, BMRN, CPHD, CROX, EGLE, GMR, IGT, Jim Cramer, KNX, Lightning Round, NSTK, QLGC, TEX, TSS, WMS

Bullish Calls:
Cepheid (NasdaqGM: CPHD)General Maritime (NYSE: GMR - News): 'General Maritime is the one to swap into.'Kinder Morgan Energy Partners (NYSE: KMP - News): 'That's our best play.'Nastech Pharmaceutical (NasdaqGM: NSTK): 'Nastech has so many ways to win, that just to be up a buck and half is not enough.'
Neutral calls:
Starbucks (NasdaqGS: SBUX): 'I'm concerned still. ... If it can maintain its 20% growth, it now only sells at 33-34 times next year's earnings. ... Not in the buy camp but certainly not in the sell camp anymore.'Dyax (NasdaqGM: DYAX): 'The stock just ran all the way up to 6. It's now coming back ... Let it come back to 5. Then you can pull the trigger.'
Bearish calls:
Tribune (NYSE: TRB - News): 'You want to sell that nine ways to Sunday.'Excel Maritime Carriers (NYSE: EXM - News): 'Whenever I hear about bulk carrier stocks ... I always send people to the one that is best run. General Maritime.'Meruelo Maddux Properties (NasdaqGM: MMPI): 'I don't trust it. ... We want income-producing properties.'Houston Wire & Cable (NasdaqGM: HWCC): 'At its 52-week high, not expensive. ... I am not a buyer of that company.'
Published By SeekingAlpha

Labels: CPHD, DYAX, EXM, GMR, Jim Cramer, KMP, Lightning Round, Mad Money, NSTK, SBUX, TRB

Biosite (NasdaqGS: BSTE), Cepheid (NasdaqGM: CPHD), Becton Dickinson (NYSE: BDX - News)
Now that BSTE has risen on a takeover bid from Beckman Coulter, Cramer suggests selling and getting into a small diagnostic play which may have a similar story: Cepheid. The Veterans Administration is choosing between CPHD and BDX to provide staph-infection tests in hospitals, and the question isn't who the winner will be, but whether the deal will move the needle. Cramer doesn't think a contract will affect BDX, but will cause CPHD to soar. Also, CPHD is not likely to suffer if it isn't given the contract, may be an attractive takeover bid, and Cramer notes that while the Democrats detest Big Pharma, the diagnostics sector is "hot." He would wait three days and use limit orders when buying CPHD.
Benefit of the Doubt: Coach (NYSE: COH - News) and VF Corp. (NYSE: VFC - News)
"I am a skeptical, cynical, paranoid man," confessed Cramer, but he added, "there are times - when trust will make you more money than distrust." He unveiled his new "Benefit of the Doubt" series during which he will discuss CEOs who are worth trusting even when they "mess up." He mentioned Lew Frankfort, CEO of upscale handbag manufacturer, Coach, who told Cramer in May that COH's missed number was a "one time thing." Those who paid attention doubled their money, said Cramer. Mackey McDonald, CEO of VFC is another name Cramer trusts and he said to use every dip in VFC as a buying opportunity.
New Template: PDL BioPharma Inc. (NasdaqGS: PDLI)
Cramer introduced his new template: "Underperforming management, plus activist, equals money!" He used PDLI as an example, a company which gets millions of dollars in royalties, but “spent it like a drunken sailor." However, Third Point LLC has moved in to acquire 7.5% of the company, or 8 million shares; "Third Point is going to do all the heavy lifting," said Cramer, and will start making money for investors. The stock is estimated to go from $20 to $39 or $59.
Mad Mail: Weatherford International (NYSE: WFT - News), Transocean (NYSE: RIG - News), Quest Diagnostics (NYSE: DGX - News)
Cramer told a viewer he preferred RIG to WFT because RIG has less exposure to Canada. Concerning DGX, Cramer said it has a big buyback and is cheap; "it is a bull stock."
Published By SeekingAlpha

Labels: BDX, BSTE, COH, CPHD, DGX, Jim Cramer, Mad Money, RIG, VFC, WFT