Jim Cramer Blog

Buy Deere (DE), Jim Cramer said on CNBC's "Stop Trading!" segment Tuesday.
Cramer pointed to the stock's continued rise as evidence that he's right. "You know why?" he said, "Because the fundamentals trump the analysts." He praised CEO Robert Lane for "making great inroads" with the company. Of sector rival Agco (AG), Cramer said, "I gotta tell you. I think Deere is coming for them. ... I like Deere and I like DuPont (DD)."
Cramer said he liked the stock market's performance today, "given the fact that consumer confidence's been bad." He said he's worried about big gains in Research In Motion (RIMM), a company he recommended on Monday's "Stop Trading!" segment.
"I still like Apple (AAPL), but I don't have a strong thesis on Apple other than I believe in the iPhone," Cramer said.
In the investment management space, Cramer was bearish on Fortress Investment Group (FIG) "I have Wes Edens in my hall of shame," Cramer said. "Everything they've touched has turned to stone. This is a castle in the sand."
Cramer also said he disapproved of Citigroup (C) CEO Vikram Pandit. "What's Pandit doing?" he asked. "Sometimes you've got to take bold action. ... The last four acquisitions that Chuckie Prince did, I would just unwind them."
Published By TheStreet.com

Labels: AAPL, AG, C, DD, DE, FIG, Jim Cramer, RIMM, Stop Trading

Chemicals maker DuPont said Tuesday fourth-quarter earnings fell 37 percent from a year earlier, when one-time items bolstered the bottom line.
But excluding those items, profit rose sharply and exceeded Wall Street expectations as the company's international business surged.
Net income slid to $545 million, or 60 cents per share, from $871 million, or 94 cents per share, in the year-ago period.
Excluding a series of gains in each period, earnings rose to 57 cents per share from 45 cents per share last year. That result exceeded estimates on Wall Street, where analysts expected 49 cents per share, according to Thomson Financial.

Labels: DD, EI DuPont de Nemours and Co.

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:
Bank of America (NYSE:BAC - News) reports earnings on Tuesday morning, with traders looking for $0.18 EPS. BAC's PowerRating (for Traders) is 5.
DuPont (NYSE:DD - News) is looking to report $0.49 EPS on Tuesday before the market opens. DD's PowerRating (for Traders) is 5.
Analyst will be watching for Fastenal (NasdaqGS:FAST - News) to announce $0.36 EPS on Tuesday before the bell. FAST's PowerRating (for Traders) is 6.
When Johnson & Johnson (NYSE:JNJ - News) announces quarterly results on Tuesday morning, watch for $0.86 EPS. JNJ's PowerRating (for Traders) is 6.
Suncor Energy (NYSE:SU - News) is poised to announce $1.51 EPS early Tuesday morning. SU's PowerRating (for Traders) is 6.
UnitedHealth (NYSE:UNH - News) should report $0.92 EPS on Tuesday morning. UNH's PowerRating (for Traders) is 6.
Wachovia (NYSE:WB - News) is expected to report $0.33 EPS early Tuesday. WB's PowerRating (for Traders) is 6.

Labels: BAC, DD, FAST, Hot Stocks, JNJ, SU, UNH, WB

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
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.
Intuit (NasdaqGS:INTU - News). INTU's PowerRating (for Traders) is 7.
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.
National Instruments (NasdaqGS:NATI - News). NATI's PowerRating (for Traders) is 7.
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.
Cummins (NYSE:CMI - News) & NVIDIA (NasdaqGS:NVDA - News). CMI's PowerRating (for Traders) is 7, and NVDA's PowerRating (for Traders) is 8.
Bearish
5+ Consecutive Up Days: These are stocks that have closed up for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
DuPont (NYSE:DD - News). DD's PowerRating (for Traders) is 4.
5+ Consecutive Higher Highs: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Cardinal Health (NYSE:CAH - News). CAH's PowerRating (for Traders) is 4.
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.
Biovail (NYSE:BVF - News). BVF's PowerRating (for Traders) is 2.
Published By TradingMarkets.com

Labels: BVF, CAH, CMI, DD, Hot Stocks, INTU, NATI, NVDA

Cramer began Friday's show by sharing his CEO Hall of Shame. These are stocks that he thinks would be better off if the CEO quit or was forced out.
Alcatel-Lucent (ALU): Cramer thinks the CEO was given an ultimatum to deliver results now.
Marsh McLennan (MMC): The company should be broken up, and that splitting the company up is the only way shares will increase unless the CEO leaves.

Next, Cramer took some phone calls about other stocks with bad CEOs, like Pall (PLL). He also told people that he can't recommend buying Sirius (SIRI) now because it's too expensive, and that he thinks you should stay away from Palm (PALM).
Next, Cramer did a "Speculation Friday" segment, where he recommends high risk stocks. BioMarin (BMRN), a small biotech firm. It has developed a drug for pheylketonuria that will be the only drug on the market, protecting it from generic competition until 2015 in the US and 2018 in Europe. Cramer thinks the drug will be approved by the end of the year, but if it doesn't, it will be a risky investment.
Other calls: La-z-boy (LZB): Cramer doesn't like, and Sangamo BioSci (SGMO):He thinks is very risky.

After the lightning round, Cramer discussed what stocks he think will take the Dow to his year end target of 14,548. They are American Express (AXP), AIG (AIG), JPMorgan Chase (JPM), Citigroup (C), DuPont (DD), Altria (MO), Boeing (BA), and Caterpillar (CAT).

In the last segment, Cramer answered some emails. He changed his mind on GigaMedia (GIGM), making it a buy now, and told viewers to wait for a pullback on (AMZN) since it's "marked up heavily."

Labels: ALU, AMZN, AXP, BA, BMRN, CAT, DD, Jim Cramer, JPM, Mad Money, Mad MOney Recap, MMC, PALM, Pll, SIRI

Buy Monsanto (MON) and Syngenta (SYT), Jim Cramer said Friday on CNBC's "Stop Trading!" segment.
Cramer said the agricultural bull market is a "rising tide" for all the seed stocks, from Monsanto and Syngenta on down to DuPont (DD). Cramer concedes that Monsanto is pricey -- around 40 times earnings, the same multiple as Celgene (CELG), Cramer said -- but he says its opportunity is greater because it owns more patents than Syngenta and Americans are more positive about genetic engineering than Europeans.

Labels: CELG, DD, Jim Cramer, Jim Cramer's Stop Trading, MON, SYT

Dow but not Out: JPMorgan Chase (NYSE: JPM - News), General Motors (NYSE: GM - News), Citigroup (NYSE: C - News), AIG (NYSE: AIG - News), Honeywell (NYSE: HON - News), DuPont (NYSE: DD - News) and Hewlett-Packard (NYSE: HPQ - News), AT&T (NYSE: T - News), Verizon (NYSE: VZ - News), Pfizer (NYSE: PFE - News) and Merck (NYSE: MRK - News)
After its mid-week drop, the Dow's rally on Thursday inspired Cramer to express confidence in the market and to repeat his prediction that the Dow will reach 14, 548 by the end of the year. He notes only four Dow stocks, JPM, GM, C and AIG are levered to current problems and only JPM and C are directly connected to mortgages. However, he commented HON, DD and HPQ have "beautiful" balance sheets and T, VZ, PFE and MRK will be able to survive the current market. Because of the strength of these stocks, the Dow wasn't crushed yesterday like it was "supposed to be," Cramer said.
The Windy City Merger: CME Group (NYSE: CME - News)
A good way to profit from the vicissitudes of the current market is to invest in CME, which Cramer recommends following its acquisition of the Chicago Board of Trade. Cramer likes the merger so much he thinks the Justice Department should never have allowed it to happen, since CME now has its "hands into everything" and can charge whatever it wants. While CME is trading at 30 x earnings, it is growing at a 20% clip this year, and its growth rate should reach 30% in 2008.
Sell Block: Buffalo Wild Wings (NasdaqGS: BWLD - News), General Cable (NYSE: BGC - News), Mastercard (NYSE: MA - News)
Since BWLD, BGC and MA got crushed after reporting better-than-expected quarters, Cramer explained "why bad things happen to good stocks." First, since all three had been rising rapidly, the bar was raised and "better-than-expected" just wasn't good enough for The Street. Second, there was a "hair" on each quarter, which is Wall Street jargon for a small flaw, or "hair" on a better-than-expected number. It was alleged that MA experienced domestic slowing, BWLD had slightly lower same-store sales and BGC had a downbeat outlook. However, Cramer said the main trick is knowing when to get rid of stock; "You can't count on me to tell you when to sell," he warned listeners, adding he can't always call a top. He said it is safe to sell the stocks now, since they are still high.

CEO Interview: Gregory Milzcik Barnes Group (NYSE: B - News)
Gregory Milzcik says his company is in the "sweet spot" of the current cycle; "We focus on difficult-to-manufacture parts but are also positioned great on high-volume, high-growth platforms, like that of the 787." He adds analysts are not really disappointed with the company, but want to see sales and margin growth, which Barnes Group can deliver. The company has expanded into Europe's "booming" market. Cramer commented; "Let the downgrades come, and then I would buy some. This stock's just way too cheap when it gets down to $20."

Published By SeekingAlpha

Labels: AIG, BGC, BWLD, C, CME, DD, GM, HON, HPQ, Jim Cramer, JPM, MA, Mad Money, MRK, pfe, VZ

The major market averages all closed decidedly lower on the session, with the Dow closing down -226 points and the tech-heavy Nasdaq losing nearly -51 points. The broader S&P 500 also ended the session lower by -30 points. Equities sold off amid continued weakness in the mortgage markets as was evident with earnings news out by one of its largest players. Investors did not get much of a boost from a sell-off in the price of crude, as prices ended down -$1.33.
Corporate earnings continued to stream in on the day. Chemical giant DuPont (NYSE: DD - News) reported earnings of $972 million, or $1.04 a share, compared to earnings of $975 million, or $1.04 a share, a year ago. Sales grew 6% to $7.9 billion in the period ended June 30th. Analysts were expecting the company to report EPS of $1.06 a share on sales of $7.86 billion. It cited weak auto and housing industries that contributed to the miss on both EPS and revenue. Shares finished the session down -6.3%.
The biggest U.S. mortgage lender, Countrywide Financial (NYSE: CFC - News), reported a -33% drop in earnings to $485 million, or 81 cents a share, compared to earnings of $722.2 million, or $1.15 a share, last year. Revenue fell -15% in the latest quarter to $2.55 billion. The lender also slashed its 2007 profit forecast to $2.70-3.30 a share, down from its April estimate of $3.50-4.30 a share.
Not all earnings were lackluster, however, as beverage giant PepsiCo (NYSE: PEP - News) said earnings rose to $1.56 billion, or 94 cents a share. Total revenues rose 10% to $9.61 billion, from 8.71 billion a year ago. The results easily topped Wall Street analyst estimates of 89 cents a share. The company now sees 2007 EPS of $3.35, compared to previous estimates of $3.30. In the defense arena, Lockheed Martin (NYSE: LMT - News) said profits rose citing strength in all four of its major divisions. For the second quarter, the company reported earnings of $778 million, or $1.82 a share, up from $580 million, or $1.34 a share, in the year-ago period. Sales rose to $10.65 billion. The results handily beat analyst estimates of a profit of $1.53 a share. The defense contractor also raised its 2007 profit forecast to $6.65-6.80 a share, up from $6.20-6.35 a share, and upped its sales guidance to $41-41.75 billion, up from its previous view of $40.35-41.35 billion. Shares rose 3.6% on the session.
Elsewhere, financial services company American Express (NYSE: AXP - News) posted a 12% rise in quarterly profit fueled by cardmember spending. Net income totaled $1.1 billion, or 88 cents a share, up form $945 million, or 77 cents a share, in the year-ago period. Revenue net of interest expense rose 9% to $7.1 billion, up from $6.5 billion. Analysts were looking for EPS of 86 cents. Shares of Quest Diagnostics (NYSE: DGX - News), meanwhile, rose 6.9% after the firm reported results that beat analyst EPS estimates by 5 cents. Earnings rose 7% to $141.3 million, or 73 cents per share, up from $132 million, or 66 cents per share, a year ago.
By the BullMarket.com Staff

Labels: AXP, CFC, DD, DGX, LMT, PEP

Chemical giant DuPont Co. on Tuesday reported flat second-quarter earnings as higher sales were offset by the cost of energy and accelerated biotech research.
International sales growth and higher local selling prices helped offset the impact of continuing weakness in the U.S. housing and automotive markets, and DuPont reaffirmed its outlook for the full year.

Net income slipped to $972 million from $975 million in the second quarter of 2006, which included a one-time tax benefit of $31 million, or 3 cents per share. Earnings per share were flat at $1.04. Excluding the tax benefit of 3 cents per share in the prior-year period, earnings would have been $1.01 per share for the 2006 quarter.
Analysts surveyed by Thomson Financial were looking for profits of $1.06 per share, although revenue topped Wall Street's $7.86 billion consensus estimate.

Labels: DD, DuPont Co.

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:
American Express (NYSE:AXP - News) beat earnings expectations, announcing $0.88 EPS versus expectations of $0.86 EPS. AXP's PowerRating is 6.
AT&T (NYSE:T - News) reports quarterly earnings on Tuesday before the market opens; look for $0.66 EPS. T's PowerRating is 6.
Commerce Bancorp (NYSE:CBH - News) announces earnings early Tuesday, with analysts watching for $0.40 EPS. CBH's PowerRating is 7.
When DuPont (NYSE:DD - News) reports earnings on Tuesday before the bell, look for $1.06 EPS. DD's PowerRating is 5.
Analysts are watching for Jetblue (NasdaqGS:JBLU - News) to report $0.11 EPS tomorrow morning. JBLU's PowerRating is 5.
Lockheed Martin (NYSE:LMT - News) should report $1.53 EPS on Tuesday morning before the stock market opens. LMT's PowerRating is 5.
Northrop Grumman (NYSE:NOC - News) is looking to announce $1.23 EPS on Tuesday morning. NOC's PowerRating is 5.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: AXP, CBH, DD, Hot Stocks, JBLU, LMT, NOC, T

Black & Decker (NYSE: BDK ), Eastman Chemical (NYSE: EMN), Monsanto (NYSE: MON), Dupont (NYSE: DD), Nova Chemicals (NYSE: NCX), Amazon (NasdaqGS: AMZN), Corning (NYSE: GLW), EMC Corp. (NYSE: EMC), Sepracor (NasdaqGS: SEPR) and Amazon (NasdaqGS: AMZN): Cramer predicted "we will be up 1,000 points by the end of this summer" and called this his "conservative forecast." The reason is that stock supply has "all been sucked up" while demand is sending stocks like BDK up ten points from $82 to $92. Cramer commented on NCX's 12% rise, and said even EMN, a sluggish company, is up, although he wouldn't buy it. He observes DuPont's Pioneer Hybrid purchase is finally paying off, and GLW, which was pessimistic, is increasing supply. Other stocks on a "breakout" included EMC Corp, Sepracor and Amazon; "Do you know that there are hedge funds being put out of business today, because of AMZN?" Cramer said, and suggested that short-sellers "Jump out the window."

Labels: AMZN, BDK, DD, EMC, EMN, GLW, Jim Cramer, Jim Cramer's Stop Trading, MON, NCX, SEPR

Agrium (NYSE: AGU - News), Agco (NYSE: AG - News), Deere (NYSE: DE - News) and Archer Daniels Midland (NYSE: ADM - News), Bunge (NYSE: BG - News), Monsanto (NYSE: MON - News), Landec (NasdaqGS: LNDC), DuPont (NYSE: DD - News), VeraSun (NYSE: VSE - News), Baker Hughes (NYSE: BHI - News), Transocean (NYSE: RIG - News)
The "new OPEC" is comprised of companies which are involved in corn production for ethanol, and Cramer says that names such as AGU, AG, DE, ADM, and have "tremendous visibility" which means "you can pile in and not have to sell." He predicts the visibility continuing until 2009 and 2010, since both Democrats and Republicans are interested in raising tariffs to keep ethanol out of other countries, but he feels that the agricultural sector may have problems with capacity. Cramer also likes BG, MON, LNDC, and DD which are "long-term winners," and, unlike VeraSun, do not actually produce ethanol. He says that BHI is a "poorly executed company that is taking down the whole group." Cramer says that RIG is making too much cash to be public, and is surprised that it has not received an offer from a private equity firm. He does not think RIG will suffer the same fate as BHI because "Transocean is not levered to the Gulf; it is levered to the rest of the world, and that's what's important."

Labels: ADM, AG, AGU, BG, BHI, DD, DE, Jim Cramer, LNDC, MON, RIG, VSE, Wall Street Confidential

Labels: CAT, DD, ELX, Jim Cramer, Mad Money, MSFT, UTX, VIA, WHR

Bullish calls:
Guidance Software (NasdaqGM: GUID): 'It's come back to 14 ... I am not backing away from it. ... if it goes back to 12 ... we're gonna have to back up the truck [ buy]'Hewlett-Packard (NYSE: HPQ - News): 'If you want to be in tech ... I am going to send you to Hewlett-Packard ... best beneficiary of Vista and declining chip costs.'Akamai Technologies (NasdaqGS: AKAM)Allegheny Technologies (NYSE: ATI - News)Arris (NasdaqGS: ARRS): ' ... move into Arris, which just did a real nifty acquisition.'Starwood Hotels & Resorts (NYSE: HOT - News): 'Incredibly high-end. ... I think Hilton and Starwood are both buys. ... Pull the trigger ahead of the spring and summer. HOT real hot and going higher.'Hilton Hotels (NYSE: HLT - News): 'I think Hilton and Starwood are both buys.'China Mobile (NYSE: CHL - News): 'We are gonna recommend China Mobile or Petrochina.'PetroChina (NYSE: PTR - News)Penn National Gaming (NasdaqGS: PENN): ' great play on gambling, I am not backing away ... I still want to own Penn National Gaming.'DuPont (NYSE: DD - News): 'do you mind if I ... go to DuPont?'Brunswick (NYSE: BC - News)
Bearish calls:
Buffalo Wild Wings (NasdaqGS: BWLD): 'I sit here and wonder how this stock became a human punching bag. ... You do not get three downgrades idly. Take advantage and SellSellSell.'ATMI (NasdaqGS: ATMI): 'I do not care for thin film equipment ... Ixnay, sell, you're done. If you want to be in tech.'WebEx Communications (NasdaqGS: WEBX): 'this is real-time interactive media. Does sell at almost twice its growth rate. ... I cannot bless.'Methanex (NasdaqGS: MEOH): 'Grows very slowly ... has a very low P/E ... does have fuel-cell applications which have given it some boost. I'm in the Don'tBuy camp.'Harmonic (NasdaqGM: HLIT): 'Ixnay on the Harmonic and move into Arris.'China Automotive Systems (NasdaqCM: CAAS)BASF (NYSE: BF - News): 'Good company, do you mind if I stick with Wilmington, Delaware, and go to DuPont instead of Ludwigshafen, Germany?'Turkcell Iletisim (NYSE: TKC - News): 'A challenged company, which is going to have very bad wireless competition, even though it's got that yield.'iRobot (NasdaqGM: IRBT): 'I said take the profit, take it off the table, and I never looked back.'Comtech (NasdaqGS: COGO)

Labels: ATI, ATMI, BC, BF, BWLD, CAAS, CHL, COGO, DD, HLIT, HLT, HOT, HPQ, Jim Cramer, Lightning Round, Mad Money, PTR, TKC, WEBX

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:
Plantronics (NYSE:PLT - News) beat earnings on Monday after the close; analysts were looking for $0.29 EPS, but PLT announced $0.38 EPS. PLT's PowerRating is 5.
Bank of America (NYSE:BAC - News) is expected to report $1.18 EPS on Tuesday before the opening bell. BAC's PowerRating is 5.
When Brinker (NYSE:EAT - News) announces quarterly earnings Tuesday morning, watch for $0.39 EPS. EAT's PowerRating is 6.
Analysts are looking for DuPont (NYSE:DD - News) to report $0.45 EPS Tuesday before the open. DD's PowerRating is 6.
Johnson & Johnson (NYSE:JNJ - News) should report $0.79 EPS in quarterly earnings on Tuesday morning before the open. JNJ's PowerRating is 5.
Watch for United Tech (NYSE:UTX - News) to report $0.85 EPS tomorrow morning. UTX's PowerRating is 5.
Wachovia (NYSE:WB - News) announces quarterly earnings Tuesday before the opening bell; analysts expect $1.18 EPS. WB's PowerRating is 6.
PowerRatings are courtesy of PowerRatings.net

Labels: BAC, DD, EAT, Hot Stocks, JNJ, PLT, UTX, WB

Plantronics (NYSE:PLT - News) beat earnings on Monday after the close; analysts were looking for $0.29 EPS, but PLT announced $0.38 EPS. PLT's PowerRating is 5.
Bank of America (NYSE:BAC - News) is expected to report $1.18 EPS on Tuesday before the opening bell. BAC's PowerRating is 5.
When Brinker (NYSE:EAT - News) announces quarterly earnings Tuesday morning, watch for $0.39 EPS. EAT's PowerRating is 6.
Analysts are looking for DuPont (NYSE:DD - News) to report $0.45 EPS Tuesday before the open. DD's PowerRating is 6.
Johnson & Johnson (NYSE:JNJ - News) should report $0.79 EPS in quarterly earnings on Tuesday morning before the open. JNJ's PowerRating is 5.
Watch for United Tech (NYSE:UTX - News) to report $0.85 EPS tomorrow morning. UTX's PowerRating is 5.
Wachovia (NYSE:WB - News) announces quarterly earnings Tuesday before the opening bell; analysts expect $1.18 EPS. WB's PowerRating is 6.
PowerRatings are courtesy of PowerRatings.net

Labels: BAC, DD, EAT, JNJ, PLT, UTX, WB