Jim Cramer Blog

Bullish Calls:
Archer Daniels Midland (NYSE: ADM): 'We're not going to go into the ethanol business! If we do, we're going to buy the one ethanol company that I think actually has earnings and a business model, which is ADM!'Danaher (NYSE: DHR): 'Down $4 from the high. I want you to pull the trigger. I want you to get long DHR.'Citigroup (NYSE: C): 'Chuck Prince overpaid today, made a dilutive acquisition for a hedge fund... Once again, board members... Mr. George David, Mr. Kenneth Derr, Mr. Rubin... Will you please broom the guy! C'mon! C - I like it, because I think the company will eventually come to their senses and give Chuck Prince the boot... 'Haynes (NasdaqGM: HAYN): 'Did we nail that one after the secondary? What did we pick up? A quick $12 there? This stock is going higher. This is one of those high-performance alloy stocks ... The stock is on a ramp. Yes! HAYN is a keeper!'Eli Lilly (NYSE: LLY): 'LLY's finally starting to get a little jiggy here. It is not my favorite at all ... I think it goes to $60 by options expiration next Friday, and then, I want you to sell it. Not until then.'Abbot Laboratories (NYSE: ABT)Crocs (NasdaqGS: CROX): 'How much do we like CROX?! ... Literally, literally, more than a quarter of the stock is short? That's wrong. We like CROX. We think it goes to $60.'National Oilwell Varco (NYSE: NOV): 'It's up a quick $15 but, you know what? NOV at $83 goes to $90. I'm sticking by it. It grows at 25%. It has a 20x multiple.'Transocean (NYSE: )GobalSantaFe (NYSE: GSF)Halliburton (NYSE: HAL - News): 'I think HAL is going to make a bid for Weatherford.'Immucor (NasdaqGS: BLUD): 'At $20, I had that management on, and I embraced that stock and, you know what? 52-week high.'Akamai Technologies (NasdaqGS: AKAM): 'I'm still going to send you to AKAM. Because, if you want web, I'm giving you AKAM.'J.C. Penney (NYSE: JCP): 'Why don't you buy some JCP? I want to stick with the best of the breed. I want you to stick with those that should get the benefit of the doubt...'
Bearish calls:
Aventine Renewable Energy (NYSE: )JetBlue (NasdaqGS: JBLU): 'Here we are, all the way back to $11 ... We just need to see this quarter. When we find out how much money we had to put into the new systems ... we will get bullish and pull the trigger!'Digital River (NasdaqGS: DRIV): 'Cry me a digital river! This stock is up so much since I recommended it, I'm scared of it. Sell, sell, sell!'Open Text (NasdaqGS: OTEX): 'You know what? That is a good company. I tend not to like this kind of web company.. sell, sell, sell!'Family Dollar Stores (NYSE: FDO): 'No! No! I don't think FDO's having that good a quarter. It's down 10% from its high. I don't want you in that. '
Published By SeekingAlpha

Labels: ABT, ADM, C, DHR, FDO, GSF, HAL, JBLU, JCP, Jim Cramer, Lightning Round, LLY, Mad Money, NOV, OTEX

American Eagle Outfitters Inc. (NasdaqGS:AEOS - News) said its fourth-quarter net income increased to $150.2 million, or 66 cents a share, from $107.5 million, or 47 cents a share, a year ago, helped by a higher merchandise margin. A Thomson Financial survey of analysts, on average, projected earnings of 66 cents a share for the quarter. Analysts' estimates usually exclude items. The Warrendale, Pa., retailer's revenue for the quarter ended Feb. 3 rose 27% to $973.4 million from $769.1 million, while quarterly same-store sales rose 14%. The company said due to the extra week in fiscal 2006, fourth quarter same-store sales are compared to a 14 week period ended February 4, 2006.
Conseco Inc. (NYSE:CNO - News) reported a large drop in fourth-quarter net income late Tuesday after the insurer was hit with significant losses in its long-term care business.
Copart Inc. (NasdaqGS:CPRT - News) reported second-quarter net earnings of $30.4 million, or 32 cents a share, up from $7.85 million, or 8 cents a share, during the year-ago period. Last year's results were adversely impacted by about $4.9 million as a result of the Gulf coast hurricanes. The Fairfield, Calif.-based provider of vehicle salvage disposition services posted revenue of $128.9 million vs. $125.1 million.
CV Therapeutics Inc. (NasdaqGM:CVTX - News) shares plunged after the biopharmaceutical company said its angina drug Ranexa was shown to be ineffective in treating patients with acute coronary syndrome.
Danaher Corp. (NYSE:DHR - News) said it now sees earnings of 75 to 77 cents a share in the first quarter. The company's previous outlook was for a profit of 72 to 77 cents a share in the March period. The current average estimate of analysts polled by Thomson Financial is for a profit of 77 cents a share in the first quarter. The company issued the forecast ahead of a presentation by H. Lawrence Culp at a conference in New York City sponsored by Citigroup.
EFJ Inc. (NasdaqGM:EFJI - News) shares tumbled after the Irving, Texas-based wireless company reported a fourth-quarter net loss of $7.79 million, or 30 cents a share. In the same quarter last year, the company posted a net profit of $15.4 million, or 59 cents a share. Revenue fell to $23.9 million from $29.8 million. Analysts polled by Thomson Financial were expecting a per-share loss of 8 cents on revenue of $31.3 million. Separately, EFJ forecast fiscal 2007 revenue of $185 million to $195 million and operating income of $7 million to $10 million.
Fairchild Semiconductor (NYSE:FCS - News) said it continues to expects a 3% to 6% decline in its first-quarter revenue. The outlook doesn't include the results of consolidating System General Corp.
Genesco Inc. (NYSE:GCO - News) reported fourth-quarter earnings of $35.3 million, or $1.35 a share, up from a year-ago profit of $31.3 million, or $1.15 a share. On a continuing operations basis, the Nashville, Tenn., footwear company said it earned $35.7 million, or $1.36 a share, in the latest quarter. This performance includes a gain of a penny per share from the recognition of gift card-related income and favorable litigation settlement. Sales rose in the latest three months to $476.9 million from $406.3 million in the same period a year earlier. The average estimate of analysts polled by Thomson Financial was for a profit of $1.31 a share in the January period. Looking ahead, Genesco forecast earnings of $2.78 to $2.81 a share for the fiscal year ending Feb. 2, 2008 on sales of about $1.6 billion. For the first quarter, it sees earnings of 28 cents a share on sales of between $339 million and $341 million. Wall Street's current consensus estimates are for profits of $2.97 a share and 47 cents a share in the respective periods. The company said it expects the performance of its Underground Station Group and Hat World Group businesses to continue to be impacted by ongoing softness in the urban market in the first half of the year.
Jupitermedia Corp. (NasdaqGS:JUPM - News) terminated talks with Getty Images Inc. over a potential transaction between the two companies.
Goodrich Petroleum Corp. (NYSE:GDP - News) shares fell after the Houston-based company rescheduled the release of it fourth-quarter financial results to March 13 due to a delay in finalizing its year end 2006 independent reserve report.
Heelys Inc.'s (NasdaqGM:HLYS - News) fourth-quarter earnings rose sharply to $11.5 million, or 44 cents a share, from $1.44 million, or 6 cents a share, a year earlier. The Dallas maker of sports-related products said revenue for the quarter rose sharply to $71.1 million from $14.9 million. On average, analysts polled by Thomson Financial expected fourth-quarter earnings of 28 cents a share on revenue of $61 million. Analyst estimates typically exclude items.
Hypercom (NYSE:HYC - News), a Phoenix-based firm involved in electronic transactions, said it narrowed its fourth-quarter loss to $2.74 million, or 5 cents a share, from $10.6 million, or 20 cents a share. Hypercom's revenue fell 5% to $64.8 million on a decline in multi-lane product revenue. Analysts polled by Thomson Financial expected earnings of 2 cents a share on revenue of $61.7 million. It sees 2007 revenue between $284 million and $290 million.
Insmed Inc. (NasdaqGM:INSM - News) said it's restructuring its operations as a result of its litigation settlement with Tercica Inc. and Genentech Inc. , which was announced Tuesday. As a result, Richmond, Va.-based Insmed expects its workforce of 150 to be reduced by roughly 34%. The company said its sales and marketing group will be eliminated and production at its manufacturing site in Boulder, Colo., will be scaled back to reflect the reduced drug product requirement. The company expects the savings to allow it to fund its operations into the fourth quarter of 2007. As of Dec 31, Insmed had $24.1 million of cash on hand.
Plato Learning Inc. (NasdaqGM:TUTR - News) shares fell after the Minneapolis-based provider of computer-based educational products late Tuesday reported a fiscal first-quarter net loss of $4.53 million, or 19 cents a share, compared with a net loss of $3.2 million, or 14 cents a share, in the year-ago period. Revenue fell to $17 million from $23.5 million. The company expects fiscal 2007 revenue in the mid-$70 million range and for its net loss to approximate its 2006 net loss excluding restructuring, impairment and other charges.
Rocky Brands (NasdaqGS:RCKY - News) shares dropped after the Nelsonville, Ohio-based footwear company reported a fourth-quarter net loss of $77,875, or a penny a share. In the same quarter last year, Rocky Brands posted a net profit of $2.61 million, or 46 cents a share. Revenue fell to $70.6 million from $74.9 million. The company expects fiscal 2007 earnings per share growth of 35%, and revenue growth of 5%.
Westwood One Inc. (NYSE:WON - News) swung to a fourth-quarter loss of $488.6 million, or $5.68 a share, from net income of $22.5 million, or 25 cents a share, a year ago, on a goodwill impairment charge of $515.9 million in the latest period. Excluding items, the New York media company said Wednesday it earned $14.6 million, or 17 cents a share, for the final quarter of 2006. Net revenue decreased 12% to $129.8 million from $147 million. National commercial advertisement revenue declined 14% and local/regional commercial advertisement revenue fell 9.4%. Analysts polled by Thomson Financial expected, on average, fourth-quarter earnings of 10 cents a share and revenue of $125.8 million for the provider of sports, news and traffic updates to radio stations.
Weyerhaeuser (NYSE:WY - News) was downgraded by UBS to reduce from neutral due primarily to valuation. Analyst Richard Schneider said that based on fundamentals, the stock should be trading around $70 a share, as the company's wood products business is posting losses, homebuilding is declining and as its containerboard business is being hurt by higher wastepaper costs. The stock was down $1.65, or 1.9%, at $84.55 in pre-open trading. As of Tuesday's closing, the stock has gained 22% since the end of 2006, and reached an all-time high of $87.09 in intraday trading on Feb. 27. Schneider said the stock may be trading on expectations that the company will make moves to unlock shareholder value, with some pressuring the company to become a real estate investment trust.
Published By MarketWatch

Labels: AEOS, CNO, CPRT, CVTX, DHR, EFJI, FCS, GCO, GDP, HLYS, HYC, INSM, JUPM, RCKY, TUTR, WON, WY

Summary: Bears worry an impending recession lies ahead, driven by overleveraged consumers burned by a collapse in home prices, and a huge current-account deficit that bespeaks our lust for consuming more than we produce and spending more than we save. But according to GaveKal, an international research boutique and respected advisor to some of the world's largest companies, the consumer is healthy, the U.S. economy stable, a housing crash improbable, and U.S. stocks are dramatically underpriced despite their current levels. The global economy, it asserts, is on the threshold of a decades-long deflationary boom that will lift America and much of the world to unprecedented prosperity. Its optimism stems from a theory that profound economic changes have and are taking place that have been ignored by most commentators -- specifically a business model it calls the "platform company." Its characteristics:
The platform company outsources low-return, volatile portions of its operations to low-cost manufacturers at home and abroad, focusing its resources instead on value-adding ventures such as R&D. This model seems to be behind the current surge in U.S. corporate profitability: Platform companies have reduced capital-spending needs, which also allows them to slash their debt-service burdens.
For platform companies R&D now dwarfs capital spending: This year the U.S. will spend about $330b on research and development, versus China's $136b. This global change is an "unalloyed good" according to GaveKal: productivity is enhanced, and intellectual property/knowledge is pursued to earn the higher returns that accompany breakthrough products and technologies.
GaveKal is not moved by America's growing account deficit, currently 7% of its GDP: U.S. household net worth stands at $54 trillion and growing at about $3t a year -- far larger and far faster than the $2.5 trillion it owes the rest of the world. Furthermore, trade statistics measure dollars, not profits per sale: The sale in the U.S. of a $700 computer might generate a negative trade balance of $450, because of components from Asian vendors shipped for assembly in the U.S. But the transaction might generate only a $30 profit for the Asian vendors, while high-margin American beneficiaries -- say a Dell system, with Microsoft software and an Intel microprocessor -- might realize a profit of about $250; the U.S. comes out a big winner even though the trade balance says it lost.
It's little wonder that foreigners are willing to finance our trade deficit: America boasts cutting-edge technology, high-margin companies, enviable productivity growth, liquid markets, political stability and strong private-property protection.
A housing market collapse is unlikely; real housing price growth in Ireland, the U.K., Spain, Sweden, France, Australia and the Netherlands have all outpaced that of the U.S. over the past 8 years, and seem none the worse. Barron's: "Optimism is often a tougher sell than bearishness. But based on the trends of the past half-century, GaveKal's argument looks like one worth buying."Highlighted companies: The following companies are cited in the article as being platform companies: Apple Computer Inc. (NASDAQ: AAPL - News), Motorola Inc. (NYSE: MOT - News), Hewlett-Packard Co. (NYSE: HPQ - News), Dell Inc. (NASDAQ: DELL - News), Black & Decker Corp. (NYSE: BDK - News), International Business Machines Corp. (NYSE: IBM - News), Danaher Corp. (NYSE: DHR - News), and Analog Devices Inc. (NYSE: ADI - News)
-SeekingAlpha

Labels: AAPL, ADI, Barron's, BDK, DELL, DHR, HPQ, IBM, MOT

Here are 7 stocks to watch on Wednesday:
General Electric (NYSE:GE - News) said it expects to deliver double-digit growth in earnings per share for the fourth quarter and 2006. GE's PowerRating is 5.
NVE Corporation (NASDAQ:NVEC - News) said Tuesday that it has been notified by the U.S. Patent and Trademark Office of the expected grant today of a patent relating to Magnetoresistive Random Access Memory. NVEC's PowerRating is 6.
Martek Biosciences (NASDAQ:MATK - News) reported fourth quarter EPS of $0.12 after the close Tuesday, compared to the consensus estimate of $0.10. MATK's PowerRating is 5.
ADC Telecommunications (NASDAQ:ADCT - News) reported fourth quarter GAAP EPS of $0.38 after the bell Tuesday, beating consensus estimates of $0.18. ADCT's PowerRating is 4.
Danaher (NYSE:DHR - News) holds its annual analyst and investor meeting on Wednesday afternoon. DHR's PowerRating is 6.
Indevus Pharmaceuticals (NASDAQ:IDEV - News) said it agreed to acquire and Valera Pharmaceuticals (NASDAQ:VLRX - News) in a stock transaction for $7.75 per share. IDEV's PowerRating is 5, VLRX doesn't qualify for a PowerRating.
PowerRatings are courtesy of PowerRatings.net

Labels: ADCT, DHR, GE, Hot Stocks, IDEV, MATK, NVEC, VLRX

Here are 7 stocks to watch for today. This list comes directly from the TradingMarkets Stocks Indicators page.
Stocks Ready to Surge: These are the stocks that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals.
Danaher (NYSE:DHR - News). DHR's PowerRating is 6.
Low-Priced Stocks Ready to Surge: These are the stocks under $10/share that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals. Please note: All stocks carry risk and low-priced stocks usually come with even more risk. Always use caution.
Ford (NYSE:F - News). F's PowerRating is 7.
Pullbacks from Highs: Most successful momentum-based traders and money managers like to buy strong stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 30 (in weak or choppy markets there will be fewer) of the strongest stocks that have pulled back from recent highs. These stocks should be considered potential candidates to resume their longer-term up trends.
Euronet Worldwide (NASDAQ:EEFT - News). EEFT's PowerRating is 6.
Long Windows Candidates: These are stocks which are in a strong uptrend, as determined by a proprietary trend filter and whose current bar has its high below the 4-day moving average. Historically, these stock on average have had a larger than normal short-term upside reversals. In order to qualify as a "Trading Window" candidate, we must have a 10-period ADX reading of 30 or higher and a +DI reading above the -DI reading. Or we must have a 14-period +DI of 30 or higher (with no ADX reading required). "Single Windows" are the most common type of Windows. They are simply a single bar which has its high of the day below the 4-period moving average.
MBIA (NYSE:MBI - News). MBI's PowerRating is 5.
Stocks Ready to Drop: These are the stocks that today made new 10-day highs that are still in an downtrend as they are trading below their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term downside reversals.
Peabody Energy (NYSE:BTU - News). BTU's PowerRating is 2.
Pullbacks from Lows: Most successful momentum-based traders and money managers like to sell weak stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 20 (in strong or choppy markets there will be fewer) weak stocks that have pulled back from recent lows. These stocks should be considered potential candidates to resume their longer-term downtrends.
Gold Kist (NASDAQ:GKIS - News). GKIS's PowerRating is 1.
Short Windows Candidates: These are stocks which are in a strong downtrend, as determined by a proprietary trend filter and whose current bar has its low above the 4-day moving average. Historically, these stock on average have had a larger than normal short-term downside reversals. In order to qualify as a "Trading Window" candidate, the 10-period ADX must be 30 or higher and the -DI must be greater than the +DI. Or we must have a 14-period -DI reading of above 30 (with no ADX reading required). "Single Windows" are the most common type of Windows. They are simply a single bar which has its low of the day above the 4-period moving average.
Marshall & Ilsley (NYSE:MI - News). MI's PowerRating is 5.
PowerRatings are courtesy of PowerRatings.net

Labels: BTU, DHR, EEFT, F, GKIS, Hot Stocks, MBI, MI

Here are 7 stocks to watch for today. This list comes directly from the TradingMarkets Stocks Indicators page.
Stocks Ready to Surge: These are the stocks that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals.
Danaher (NYSE:DHR - News). DHR's PowerRating is 6.
Low-Priced Stocks Ready to Surge: These are the stocks under $10/share that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals. Please note: All stocks carry risk and low-priced stocks usually come with even more risk. Always use caution.
Ford (NYSE:F - News). F's PowerRating is 7.
Pullbacks from Highs: Most successful momentum-based traders and money managers like to buy strong stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 30 (in weak or choppy markets there will be fewer) of the strongest stocks that have pulled back from recent highs. These stocks should be considered potential candidates to resume their longer-term up trends.
Euronet Worldwide (NASDAQ:EEFT - News). EEFT's PowerRating is 6.
Long Windows Candidates: These are stocks which are in a strong uptrend, as determined by a proprietary trend filter and whose current bar has its high below the 4-day moving average. Historically, these stock on average have had a larger than normal short-term upside reversals. In order to qualify as a "Trading Window" candidate, we must have a 10-period ADX reading of 30 or higher and a +DI reading above the -DI reading. Or we must have a 14-period +DI of 30 or higher (with no ADX reading required). "Single Windows" are the most common type of Windows. They are simply a single bar which has its high of the day below the 4-period moving average.
MBIA (NYSE:MBI - News). MBI's PowerRating is 5.
Stocks Ready to Drop: These are the stocks that today made new 10-day highs that are still in an downtrend as they are trading below their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term downside reversals.
Peabody Energy (NYSE:BTU - News). BTU's PowerRating is 2.
Pullbacks from Lows: Most successful momentum-based traders and money managers like to sell weak stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 20 (in strong or choppy markets there will be fewer) weak stocks that have pulled back from recent lows. These stocks should be considered potential candidates to resume their longer-term downtrends.
Gold Kist (NASDAQ:GKIS - News). GKIS's PowerRating is 1.
Short Windows Candidates: These are stocks which are in a strong downtrend, as determined by a proprietary trend filter and whose current bar has its low above the 4-day moving average. Historically, these stock on average have had a larger than normal short-term downside reversals. In order to qualify as a "Trading Window" candidate, the 10-period ADX must be 30 or higher and the -DI must be greater than the +DI. Or we must have a 14-period -DI reading of above 30 (with no ADX reading required). "Single Windows" are the most common type of Windows. They are simply a single bar which has its low of the day above the 4-period moving average.
Marshall & Ilsley (NYSE:MI - News). MI's PowerRating is 5.

Labels: BTU, DHR, EEFT, F, GKIS, Hot Stocks, MBI, MI