Jim Cramer Blog

General Dynamics' earnings from continuing operations in the fourth quarter 2007 were $578 million, or $1.42 per share on a fully diluted basis, compared to 2006 fourth-quarter earnings from continuing operations of $463 million, or $1.13 per share fully diluted. Revenue for the fourth quarter 2007 was $7.5 billion, compared to fourth-quarter 2006 revenue of $6.5 billion.
Full-year 2007 Results
Earnings from continuing operations for 2007 were $2.1 billion, or $5.10 per share on a fully diluted basis, compared with $1.7 billion, or $4.20 fully diluted, in 2006. This is an increase of 21.6 percent. Revenue for the full year 2007 was $27.2 billion, compared with $24.1 billion for 2006, an increase of 13.2 percent.

Labels: GD, General Dynamics Corp.

General Dynamics (GD), Alliant Techsystems (ATK), L-3 communications (LLL), Raytheon (RTN), Lockheed Martin (LMT) Northrop Grumman (NOC)
Faced with the prospect of an economic slowdown, investors should look to defense stocks which "are the darlings of Wall Street…regardless of how the economy is doing." Political considerations won't affect the stocks, since Republicans like to spend on defense and Democrats want to look strong. Cramer concentrated on RTN since his prior recommendations, GD, ATK, LLL, LMT and NOC have all gone up. Cramer thinks RTN can easily beat its lukewarm guidance and notes the company's "fabulous" buyback and international growth.
ConcoPhillips (COP)
The oils have crept down on news of new taxes for oil companies and are low at least compared to rising crude costs. Cramer would use any dip as a buying opportunity for a long-term investment because "there's a simple case for oil … We're running out of it." He prefers COP because it is inexpensive, sells natural gas (which Cramer believes is consistently undervalued) and is not exposed to corrupt Third World regimes.
Related: Kurt Wulff comments on COP's low price and strong cash flow.
CEO Interview: T.J. Rodgers Cypress Semiconductor (CY), Sunpower (SPWR)
Cramer said Cypress is a good stock for those nervous about semiconductors, and Rodgers discussed the company's "extraordinarily flexible" chip that can be used in an e-bike, a Nordic track and an iPod. CY recently reported a "blockbuster" quarter and is seeing an upswing in demand for its products. In addition, CY owns half of Sunpower and plans to find a way to allow shareholders to benefit from this holding after tax restrictions are removed. Cramer said CY is the "cheap way" to own Sunpower.
Related: Eric Savitz asks if Cypress'core value worth is less than nothing.
MBIA (MBI), MGIC Investment (MTG)
Cramer would be wary of making too much money at once, an indication that an investor is not diversified enough. He suggests anyone who profited from the rise in MTG and MBI last week should sell the stocks, since they are not going higher.
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Labels: ATK, COP, CY, GD, Jim Cramer, LLL, LMT, Mad Money, MBI, MTG, NOC, RTN, SPWR

The Dow closed up 51 points and the S&P 500 finished up 6 points. Crude oil is closing in on $100 as we near Thanksgiving. John Kilduff, an analyst at MF Global, joined the show to discuss his take on oil. He predicts the top on crude could be in area of $108 to $110. Adami favors Chevron (CVX), which he feels is cheaper then ExxonMobil (XOM). He advises looking at refiners like Tesoro (TSO) here. Finerman owns Tesoro and she is also looking at buying ConocoPhillips (COP).
Regional airlines are benefiting from the delays and congestion at larger airports. Airlines like Midwest (MEH) and Allegiant (ALGT) are benefiting from this trend. Adami says the way to play this trend is to buy the private jet makers like Textron (TXT), General Dynamics (GD), Embrear (ERJ) and Honeywell (HON).
For Defensive stocks Najarian likes Merck (MRK), Genentech (DNA) and Biogen (BIIB). However, Finerman would get defensive with names like Altria (MO) and Kraft (KFT). Adami also recommends Altria, Unilever (UL) and Procter & Gamble (PG).
Word on the Street
Target (TGT) reported a 4.4% fall in profits.
Whole Foods Market (WFMI) reported a decline in fourth-quarter profits, but sales top Wall Street estimates.
Google (GOOG) trades up 4% after Credit Suisse raised their price target to $900. Najarian believes names like Research In Motion (RIMM), Google and Apple (AAPL) are starting to show strength again. He would look to get back into these stocks around these levels. Adami prefers Microsoft (MSFT).
Najarian would keep an eye on ISIS Pharmaceuticals (ISIS) and Sangamo Biosciences (SGMO).
Pops & Drops
Pops - Barnes & Noble (BKS) traded up 13% after reporting higher internet sales.
Exxon (XOM) traded up 4% after UBS upgraded the stock.
Kraft (KFT) traded up 2%.
Utilities EFT (XLU) traded up 1%.
Drops - Office Depot (ODP) fell 7% after reporting a 9% decline in profits.
Echostar (DISH) fell 7%
Ericsson (ERIC) fell 12%
Hovnanian (HOV) fell 9%.
GameStop (GME) fell 4% after the video game maker missed analyst estimates.
Saks (SKS) fell 2% after missing estimates.
Final Trade
Macke likes the price action in Microsoft (MSFT).
Adami recommends Freeport McMorRan (FCX).
Finerman says to short the iShares Dow Jones US Real Estate ETF (IYR).
Najarian would purchase Pulte Homes (PHM) for a short term buy.

Labels: ALGT, BIIB, CNBC, CNBC's Fast Money, COP, CVX, erj, Fast Money, GD, GOOG, HON, MEH, MRK, PG, TGT, TSO, TXT, UL, WFMI, XOM

Equities rose on the day, with all three major market averages solidly in the green. The Dow closed up 100 points, helped by the end of a strike at General Motors (NYSE: GM - News). The Nasdaq, meanwhile, finished up 16 points, while the S&P tacked on 8 points. Oil initially fell after weekly inventories levels unexpectedly rose, but rallied to close up 77 cents to $80.30 a barrel. The price of gold slipped on the day.

In economic news, the Commerce Department reported that demand for durable goods nose-dived in August, with weakness across most categories. Orders fell -4.9% for the month, worse than the -3.5% drop economists were expecting. It was the biggest decline since January, and comes on the heels of a large 6.1% gain in July. Crude oil inventories, meanwhile, unexpectedly rose last week by 1.8 million barrels to 320.6 million barrels. Analysts were expecting inventories to drop by -2 billion barrels.
Topping the headlines today, the United Auto Workers (UAW) and General Motors agreed to a tentative contract early this morning, ending a 2-day strike. As part of the contract, the two sides confirmed that GM would fund a newly created trust that the UAW will run to administer retiree healthcare benefits. For its part, GM will continue to offer some job guarantees. The UAW hopes to strike similar deals with Ford (NYSE: F - News) and Chrysler. Shares of GM spiked 9.4%.
Shares of defense contractors, including Lockheed Martin (NYSE: LM - News), General Dynamics (NYSE: GD - News), and Raytheon (NYSE: RTN - News), hit or flirted with all-times Wednesday. Defense Secretary Robert Gates was meeting with Congress today to request an additional $45 billion to cover military costs in Iraq and Afghanistan. If approved, Gates' request will raise initial 2008 budget-year war projections by nearly a third to $190 billion.
Shares of Vonage (NYSE: VG - News) fell below a $1 after a jury found that it infringed on six patents held by Sprint Nextel (NYSE: S - News). The VoIP company was ordered to pay Sprint $69.5 million in damages. Vonage said it will seek to try to have the Sprint judgment overturned. Earlier this year, Vonage lost a patent infringement case to Verizon (NYSE: VZ - News) for $58 million plus royalties. Today, a court upheld two of the three patent infringement charges in a separate verdict.
In M&A news, Nasdaq (Nasdaq: NDAQ - News) and Borse Dubai raised their bid for Swedish exchange OMX to $4.9 billion, a 15% increase over their previous offer. The exchanges also made agreements with several large shareholders that combined control nearly 19% of OMX to now secure half of OMX's shares. The moves were made in response to The Qatar Investment Authority increasing its stake in OMX, which could indicate it may try to block the deal. Elsewhere, Bear Stearns (NYSE: BSC - News) shares rose 7.7% on rumors that the investment bank is close to selling a minority stake in itself. Among the potential suitors named include a Chinese bank, HSBC Holdings, and Warren Buffett, among others.

By the BullMarket.com Staff

Labels: BSC, F, GD, GM, LM, NDAQ, RTN, S, VG, VZ

Bullish:
PepsiCo (PEP), BEA Systems (BEAS), General Motors (GM), RRSat Global Communications Network (RRST), Zumiez (ZUMZ), Superior Offshore International (DEEP), Oshkosh Truck (OSK), Northrop Grumman, L-3 Communications (LLL), Lockheed Martin (LMT), General Dynamics (GD), Cisco Systems (CSCO), XTO Energy (XTO), GMX Resources (GMXR), Siemens (SI), Transocean (RIG), Schlumberger (SLB), Prudential Financial (PRU), MetLife (MET) and Halliburton (HAL).
Bearish:
Smart Balance (SMBL), Parametric Technology (PMTC), DirecTV (DTV), Parker Drilling (PKD) and Assurant (AIZ).

Labels: BEAS, CSCO, DEEP, GD, GM, GMXR, Jim Cramer, Lightning Round, LLL, LMT, Mad Money, OSK, PEP, PRU, RIG, RRST, SI, SLB, XTO, ZUMZ

Nvidia (NasdaqGS: NVDA - News): 'They make the fastest gaming chips. They make the best ones. You buy some and then, if it comes in, you buy some more ... It's a growth stock in the right quarter, at the right time of the year ... NVDA is two thumbs up.'Dynegy (NYSE: DYN - News): 'I like DYN as an asset play, and if the earnings don't hit the number, because of some natural gas realization, come on ('mon-back sound)... step up to the plate...'China Telecom (NYSE: CHA - News)Baidu.com (NasdaqGS: BIDU - News)Nymex (NYSE: NMX - News): 'I believe someone will buy, but I would not recommend a stock just on its takeover ability alone... I would emphasize that, on its earnings - and the earnings here are unbelievable.'Teck Cominco (NYSE: TCK - News): 'People worry that China doesn't have enough demand... that maybe our economy is so slow that it's going to bring down the rest of the world. That's not true. TCK is still a buy. I like it very much.'Lockheed Martin (NYSE: LMT - News): 'I want to buy the defense stocks here. I think it's a terrific opportunity. Don't take your cue from the stocks. Take your cue from the companies, and LMT is doing incredibly well!'General Dynamics (NYSE: GD - News)Raytheon (NYSE: RTN - News)Northrop Grumman (NYSE: NOC - News)Ralcorp Holdings (NYSE: RAH - News): 'I've liked RAH before on the show. I like it now.'ENGlobal (AMEX: ENG - News): 'This is a company that does everything you need to do to produce refining petroleum. It's right. You're right. I'm staying with it. 'Thornburg Mortgage (NYSE: TMA - News): 'I just don't think they're as bad as the bears think.'Allergan (NYSE: AGN - News): ' ... for anything eye... I'm going to send you that way.'
Bearish calls:
Spectranetics (NasdaqGM: SPNC - News): ' ... don't know whether I want to buy it all the way up here... don't buy, don't buy... there are so many that are still down, but it's a good quality company.'Boston Scientific (NYSE: BSX - News)Perfect World (PWRD): 'I am just going to say forget about it... it's too darn hard.'RealNetworks (NasdaqGS: RNWK - News): 'Even thought the guys that run those companies throw really great cocktail parties, and probably wish that I was there, no thank you! (buzzer sounds)... 'Lowe's Companies (NYSE: LOW - News): 'You know, I can't recommend this sector right now - don't buy, don't buy - even though I know they have really easy comparisons. I can't go there. That sector's being too hurt. No to retail.'Advanced Medical Optics (NYSE: EYE - News)Best Buy (NYSE: BBY - News): 'I think there's $3 up, $3 down... which means to me - don't buy, don't buy - not worth playing... '
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Labels: AGN, BIDU, CHA, DYN, ENG, GD, Jim Cramer, Lightning Round, LMT, NMX, NOC, NVDA, RAH, RTN, TCK, TMA

Nvidia (NasdaqGS: NVDA - News): 'They make the fastest gaming chips. They make the best ones. You buy some and then, if it comes in, you buy some more ... It's a growth stock in the right quarter, at the right time of the year ... NVDA is two thumbs up.'Dynegy (NYSE: DYN - News): 'I like DYN as an asset play, and if the earnings don't hit the number, because of some natural gas realization, come on ('mon-back sound)... step up to the plate...'China Telecom (NYSE: CHA - News)Baidu.com (NasdaqGS: BIDU - News)Nymex (NYSE: NMX - News): 'I believe someone will buy, but I would not recommend a stock just on its takeover ability alone... I would emphasize that, on its earnings - and the earnings here are unbelievable.'Teck Cominco (NYSE: TCK - News): 'People worry that China doesn't have enough demand... that maybe our economy is so slow that it's going to bring down the rest of the world. That's not true. TCK is still a buy. I like it very much.'Lockheed Martin (NYSE: LMT - News): 'I want to buy the defense stocks here. I think it's a terrific opportunity. Don't take your cue from the stocks. Take your cue from the companies, and LMT is doing incredibly well!'General Dynamics (NYSE: GD - News)Raytheon (NYSE: RTN - News)Northrop Grumman (NYSE: NOC - News)Ralcorp Holdings (NYSE: RAH - News): 'I've liked RAH before on the show. I like it now.'ENGlobal (AMEX: ENG - News): 'This is a company that does everything you need to do to produce refining petroleum. It's right. You're right. I'm staying with it. 'Thornburg Mortgage (NYSE: TMA - News): 'I just don't think they're as bad as the bears think.'Allergan (NYSE: AGN - News): ' ... for anything eye... I'm going to send you that way.'
Bearish calls:
Spectranetics (NasdaqGM: SPNC - News): ' ... don't know whether I want to buy it all the way up here... don't buy, don't buy... there are so many that are still down, but it's a good quality company.'Boston Scientific (NYSE: BSX - News)Perfect World (PWRD): 'I am just going to say forget about it... it's too darn hard.'RealNetworks (NasdaqGS: RNWK - News): 'Even thought the guys that run those companies throw really great cocktail parties, and probably wish that I was there, no thank you! (buzzer sounds)... 'Lowe's Companies (NYSE: LOW - News): 'You know, I can't recommend this sector right now - don't buy, don't buy - even though I know they have really easy comparisons. I can't go there. That sector's being too hurt. No to retail.'Advanced Medical Optics (NYSE: EYE - News)Best Buy (NYSE: BBY - News): 'I think there's $3 up, $3 down... which means to me - don't buy, don't buy - not worth playing... '
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Labels: AGN, BIDU, CHA, DYN, ENG, GD, Jim Cramer, Lightning Round, LMT, NMX, NOC, NVDA, RAH, RTN, TCK, TMA

On the Fed:Cramer reiterated his prediction that the Fed will cut interest rates, despite the recent rise. He thinks it is "too early" to say a cut isn't possible, and a slowing U.S. economy should convince the Fed to make a reduction.
Lamar Advertising (NasdaqGS: LAMR - News) and Daktronics (NasdaqGS: DAKT - News): Cramer said he sold LAMR because he is concerned that flashing billboards may not be so popular; "We have too many distractions already." He also noted DAKT, which makes the boards, is not doing well.
Archer Daniels Midland (NYSE: ADM - News): After ADM's "really horrible quarter" Cramer confesses he was wrong to get behind this company; "I thought that they had congressional mindshare."
General Dynamics (NYSE: GD - News): Concerning worries about nukes and China, Cramer said, "I would buy GD. GD is my cold war play."

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Labels: ADM, DAKT, GD, Jim Cramer, LAMR, Stop Trading

A bevy of better-than-expected earnings reports from companies with strong sales overseas inspired a broad stock market advance today. The world's best-known market indicator, the Dow Jones Industrial Average, steamed past the 13,000 point mark for the first time in its history, while the Nasdaq composite and the S&P 500 also notched solid gains. Crude oil prices continued to move like a yo-yo, gaining over $1 a barrel to reverse a similar-sized drop yesterday. The 10-year Treasury note eased today.
Pacing today's gain was aircraft maker Boeing (NYSE: BA - News), which posted a 27% increase in its Q1 profit. Revenue rose 8% to $15.4 billion, outpacing the expectations of Wall Street. Growth was driven by strong orders for commercial airliners along with defense-related orders. Alcoa (NYSE: AA - News), another Dow component, added 5.3% after revealing that it is exploring the spin-off or sale of its packaging business, which is home to the Reynolds brand of aluminum and plastic wraps.
Defense contractors Raytheon (NYSE: RTN - News) and General Dynamics (NYSE: GD - News) managed more modest increases in their quarterly results. General Dynamics posted a 16% increase in its earnings for the quarter ended March 31, while Raytheon achieved a 21% gain. Analysts said that while spending on defense by the U.S. government is still robust, the battle between the Democratic Congress and the White House over a timetable for pulling out of Iraq clouds the picture somewhat for these companies.
Snack and soft drink maker PepsiCo (NYSE: PEP - News) said strong international sales and a good performance out of its Frito-Lay snack division propelled the company to a 16% Q1 earnings gain. CEO Indra Nooyi said investors can expect the company to remain in the acquisition market to supplement earlier moves into brands perceived as more "healthy." Recent acquisitions include Izze Beverage, Naked Juice, and Bluebird Foods.
On the tech front, online retailer Amazon.com (Nasdaq: AMZN - News) leapt 27.0% to its highest price in about two years after announcing that profits more than doubled from the corresponding quarter a year ago. Amazon's profits grew to $111 million, or 26 cents a share, from $51 million, or 12 cents a share. Specialty glass maker Corning (NYSE: GLW - News) added 5.3% after reporting a 27% increase in Q1 net income and issuing an optimistic forecast for the current quarter. The company said sales to the telecom sector were driving growth.
In M&A activity, a consortium of banks led by Britain's Royal Bank of Scotland stepped up with new bid for ABN Amro (NYSE: ABN - News). Fortis Ltd. and Banco Santander Central Hispano (NYSE: STD - News) joined RBS in submitting a bid for the Danish bank that tops the offer announced by Barclay's (NYSE: BCS - News). Amro's shares jumped 5.2% on the news. The key to the deal is Amro's LaSalle Bank subsidiary, which RBS wants in order to cement its toehold in the U.S. market. Barclay's said it would sell LaSalle to Bank of America (NYSE: BAC - News). Amro's board earlier endorsed Barclay's bid, and analysts wondered whether the side deal for LaSalle could be undone.
By the BullMarket.com Staff

Labels: AA, ABN, AMZN, BA, BAC, BCS, GD, GLW, PEP, RTN, STD

Bullish calls:
Sears (NasdaqGS: SHLD)Monsanto (NYSE: MON - News): 'The bears and the analysts refuse to get behind this stock ... They think it's overvalued as a chemical stock. It's part of the ag play ... hybrid corn seeds, in a world where we are short corn seeds. MON is not done going up. I would be an aggressive buyer right here at $59. ('mon-back sound).'Agrium (NYSE: AGU - News)Deere (NYSE: DE - News)Spartan Motors (NasdaqGS: SPAR):' I want you in SPAR. That's the one to pull the trigger on right now.'Virgin Media (NasdaqGS: VMED): 'I want VMED to be bought here! VMED is the play for cable in Europe, in London... It has been stalled here ... I think you want to pull the trigger on VMED. I like it as much as ever. All aboard.'Time Warner (NYSE: TWX - News): 'Other cable companies - notably CMCSA and TWX - have started to move back up.'Comcast (NasdaqGS: CMCSA) Research In Motion (NasdaqGS: RIMM): 'RIMM hit a 52-week high today ... Almost no other tech stock I follow has done that. I think it's a sign of strength ... I bet RIMM is having a great quarter. They have survived every single war imaginable. I'm not backing away. I still like the stock. I would still be a buyer. Buy, buy, buy!'Toyota Motor (NYSE: TM - News): 'The stock is stuck... It's been hurt by weak sales of Tundra - their F-150 competitor... It's also been hurt by a strong yen ... That's a mistake. $126? Come on. I'm doing a triple buy.'Hexcel (NYSE: HXL - News): 'HXL is engineered product. That stock is down more than 20% from its high? That's a colossal mistake. Buy, buy, buy!'Allegheny Technologies (NYSE: ATI - News): 'Did you know that ATI - my stock of the year last year - another new high today! That one's a winner.'Foster Wheeler (NasdaqGS: FWLT): 'FWLT is the way to play construction. They've got the best order book.'Lockheed Martin (NYSE: LMT - News)L-3 Communications (NYSE: LLL - News)General Dynamics (NYSE: GD - News)Theravance (NasdaqGM: THRX): 'THRX was the stock that stumped me last week, and one of the reasons why it stumped me is that it's moving up very rapidly ... The stock had a big run but, you know what? I think it's really got that great bloodline now... So I like THRX.'
Bearish calls:
Hudson City Bancorp (NasdaqGS: HCBK): ' ... with the yield curve... with the 10-year at 4.75%, and the short rates higher, that's a nightmare for any regional bank ... Don't buy, don't buy.'Force Protection (NasdaqCM: FRPT): 'I believe that SPAR, which then gives the products to FRPT, is the better play.'Veraz Networks (NasdaqGM: VRAZ): 'This one I got behind. It is not working. That is worrisome to me. When they don't work like this, I've got to pull my situation, and do more work.'XM Satellite Radio (NasdaqGS: XMSR): 'XMSR is very problematic ... The FCC and congress have made this dea (merger with Sirius Satellite Radio) too difficult ... I want to sell XMSR.'Crystallex (AMEX: KRY - News): 'KRY has been creeping up ... I would recommend sell at $4 and change. I'll buy it back at $2 and change. I do not trust this Chavez. You can't either.'CDW (NasdaqGS: CDWC)Washington Group (NYSE: WNG - News): 'I like the construction group, but you know my favorite has not been WMG, but it's been FWLT.'SAIC (NYSE: SAI - News): 'I don't want to be linked to government spending right now, because I think it's not trustworthy... '
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Labels: AGU, ATI, BBY. RIMM, CMCSA, DE, FWLT, GD, HXL, Jim Cramer, Lightning Round, LLL, LMT, Mad Money, MON, SHLD, SPAR, THRX, TM, TWX, VMED

Bullish calls:
Apple (NasdaqGS: AAPL): 'AAPL is the best-acting technology stock in the book ... Don't trust most of techonlogy, until we get to the summer... but not AAPL. I think AAPL is best in show. Pull the trigger on any weakness...'Yamana Gold (NYSE: AUY - News): 'I think gold is a good place to go. I think people should have 1 gold stock out of 10. And the stock they should own is AUY! Which is the only gold company which is completely and utterly replenishing its coffers, even as it is produces gold. You got it right. Do you back up the truck? Let's do that at $12.'Alliant Techsystems (NYSE: ATK - News)General Dynamic (NYSE: GD - News): ' ... you know that GD may be best in show.'Lockheed Martin (NYSE: LMT - News): 'Take a look at LMT, which got completely crushed today. That shouldn't have been down $3.'Genentech (NYSE: DNA - News): 'This stock acted pretty darn well in the selloff. It has been meandering between $80 and $85. I think that Evastin's problems are way overblown ... it's still in my top 4.'Gilead Sciences (NasdaqGS: GILD)Celgene (NasdaqGS: CELG): 'I don't like DNA as much as I like CELG, which is my #1 name.'Genzyme (NasdaqGS: GENZ): 'I don't like it [DNA] as much as GENZ.'Microsoft (NasdaqGS: MSFT): 'Everybody knows that Vista's not selling well. I think that MSFT, at $26, deserves and merits a buy here... not on voice recognition, but on a crystal, rock-solid clear balance sheet, and a business that isn't going away. The stock is now down five straight points. That's an overaction, and I'm buying. Buy, buy, buy!'GlobalSantaFe (NYSE: GSF - News)Transocean (NYSE: RIG - News): 'Rig is #1.'Garmin (NasdaqGS: GRMN): 'I thought GRMN acted very well today ... What a clean quarter they had. Let that stock come in to $50. And then, I don't care about the insider selling. I need you to pull the trigger multiple times... $50, then $47, and then $45... What a stock! What a company.'
Neutral calls:
Diamond Offshore (NYSE: DO - News): 'When I went through the quarter for DO... Frankly, I was not as impressed as I wanted to be... Here's the deal... The pecking order of drillers is very clear: RIG* is #1... Then GSF... and only then, would you pick up DO.'
Bearish calls:
SAIC (NYSE: SAI - News): 'Remember, I said that SAIC, I had to give up on it... I rode it up to $21 and then I rode it back. My bad.'
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Labels: ATG. ATK, AUY, DNA, DO, GD, GSF, Jim Cramer, LMT, Mad Money, RIG, SAI

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

Bullish calls:
Nymex Holdings (NYSE: NMX - News): 'This stock does nothing but go up. ... Stick with it.'Grainger (NYSE: GWW - News)Wesco (NYSE: WCC - News): 'Did you see the explosion in that stock this week off the quarter? ... Still very, very cheap. I am recommending it heartily.'Chevron (NYSE: CVX - News): 'Holy cow! ... I look for the dividend to go up. I look for another buyback. I think you should back up the truck. That's my favorite integrated oil.'Devon Energy (NYSE: DVN - News)Amgen (NasdaqGS: AMGN)Genentech (NYSE: DNA - News)Celgene (NasdaqGS: CELG)Hewlett-Packard (NYSE: HPQ - News): ' ... is not just a PC assembler ... this is a technology company, run by Mark Hurd, who I think is the best. ... I need you to load up the boat, Hewlett-Pacakrd, that's best in show.'Valero Energy (NYSE: VLO - News): 'Not bad. ... it's a cheap stock ... 'Archer Daniels Midland (NYSE: ADM - News): 'If I want to refine these days, I'm gonna refine soybean or corn. I'm buying Archer Daniels Midland.'Amor Holdings (NYSE: AH - News)General Dynamics (NYSE: GD - News)L-3 Communications (NYSE: LLL - News)
Bearish calls:
1-800-Flowers.com (NasdaqGS: FLWS): 'It doesn't deserve to be owned. We're ixnaying.'Sirius Satellite Radio (NasdaqGS: SIRI): 'You know that stock ain't going anywhere. ... I want you to sell it nine ways to Super Bowl Sunday. 'Medarex (NasdaqGM: MEDX): 'This is precisely what I'm railing against at this juncture.'Illumina (NasdaqGM: ILMN): 'Not a good quarter. Expenses are going to rise. ... I need you out of that stock, and I want you to sell it right now.'Force Protection (NasdaqCM: FRPT): 'I think you need to go with the majors here.'
Published by SeekingAlpha

Labels: ADM, AH, AMGN, CELG, CVX, DNA, DVN, FLWS, GD, GWW, HPQ, Jim Cramer, LLL, Mad Money, MEDX, NMX, SIRI, VLO, WCC

Bullish calls:
Nymex Holdings (NYSE: NMX - News): 'This stock does nothing but go up. ... Stick with it.'Grainger (NYSE: GWW - News)Wesco (NYSE: WCC - News): 'Did you see the explosion in that stock this week off the quarter? ... Still very, very cheap. I am recommending it heartily.'Chevron (NYSE: CVX - News): 'Holy cow! ... I look for the dividend to go up. I look for another buyback. I think you should back up the truck. That's my favorite integrated oil.'Devon Energy (NYSE: DVN - News)Amgen (NasdaqGS: AMGN)Genentech (NYSE: DNA - News)Celgene (NasdaqGS: CELG)Hewlett-Packard (NYSE: HPQ - News): ' ... is not just a PC assembler ... this is a technology company, run by Mark Hurd, who I think is the best. ... I need you to load up the boat, Hewlett-Pacakrd, that's best in show.'Valero Energy (NYSE: VLO - News): 'Not bad. ... it's a cheap stock ... 'Archer Daniels Midland (NYSE: ADM - News): 'If I want to refine these days, I'm gonna refine soybean or corn. I'm buying Archer Daniels Midland.'Amor Holdings (NYSE: AH - News)General Dynamics (NYSE: GD - News)L-3 Communications (NYSE: LLL - News)
Bearish calls:
1-800-Flowers.com (NasdaqGS: FLWS): 'It doesn't deserve to be owned. We're ixnaying.'Sirius Satellite Radio (NasdaqGS: SIRI): 'You know that stock ain't going anywhere. ... I want you to sell it nine ways to Super Bowl Sunday. 'Medarex (NasdaqGM: MEDX): 'This is precisely what I'm railing against at this juncture.'Illumina (NasdaqGM: ILMN): 'Not a good quarter. Expenses are going to rise. ... I need you out of that stock, and I want you to sell it right now.'Force Protection (NasdaqCM: FRPT): 'I think you need to go with the majors here.'

Labels: ADM, AH, CVX, DNA, DVN, FLWS, FRPT, GD, GWW, HPQ, ILMN, Jim Cramer, Lightning Round, LLL, Mad Money, MEDX, NMX, SIRI, VLO, WCC

Gap (NYSE: GPS - News): Cramer says its time to get out of Gap amid rumors of a takeover. The stock jumped 8% on this speculation, but Cramer thinks the "fundamentals are so bad" that it is unlikely that Gap will fetch a buyer who will offer to pay a premium to Monday's prices. "This is a challenged company," Cramer said. "Sell it right here."
Nordic American (NYSE: NAT - News), Exxon (NYSE: XOM - News), Verizon (NYSE: VZ - News) and General Dynamics (NYSE: GD - News): Cramer says there will be a glut of doubled hulled oil tankers approaching and he would sell oil tanker builders such as NAT. Although these companies offer high dividends, he cautions that they do nothave the support to sustain such yields through declines since they are not earnings machines like XOM and Verizon. Cramer predicts that GD will go higher even after a 3% rise on Monday following an upgrade by Cowan. He says the Democrats don't want to seem weak on defense and Cramer gives GD two thumbs up.
Published by SeekingAlpha

Labels: GD, GPS, Jim Cramer, NAT, VZ, XOM

Red-hot takeover rumors mean it's time to "fall out of the Gap (GPS)," Jim Cramer said Monday on CNBC's Stop Trading! segment.
Gap shares jumped 8% Monday afternoon on reports the company hired Goldman Sachs to find a buyer. But Cramer said the problem with the stock at these levels is that "the fundamentals are so bad" that no buyer is likely to pay a premium to Monday's prices.
"This is a challenged company," Cramer said. "Sell it right here."
Cramer also would sell oil tanker builders such as Nordic American (NAT), nothing that there is a glut of double-hulled tankers coming onto the market. Cramer said most companies in the sector are well managed, but he urged investors not to be tempted by the big dividend yields offered by these stocks.
"You don't have the support of the dividend" with these companies, Cramer said, pointing out that these companies are not earnings machines like Exxon (XOM) or Verizon (VZ). He said dividends in the sector are likely to fall along with their cyclical earnings, and that tanker lease rates already have begun sliding.
But Cramer likes defense contractor General Dynamics (GD) off an upgrade by Cowen, saying he expects to see the stock "much higher" even after Monday's 3% rise. Cramer, saying Democrats don't want to be seen as weak on defense, gave the stock "two thumbs up."
Published By TheStreet.com

Labels: GD, GPS, Jim Cramer, Jim Cramer's Stop Trading, NAT, VZ, XOM

Red-hot takeover rumors mean it's time to "fall out of the Gap (GPS)," Jim Cramer said Monday on CNBC's Stop Trading! segment.
Gap shares jumped 8% Monday afternoon on reports the company hired Goldman Sachs to find a buyer. But Cramer said the problem with the stock at these levels is that "the fundamentals are so bad" that no buyer is likely to pay a premium to Monday's prices.
"This is a challenged company," Cramer said. "Sell it right here."
Cramer also would sell oil tanker builders such as Nordic American (NAT), nothing that there is a glut of double-hulled tankers coming onto the market. Cramer said most companies in the sector are well managed, but he urged investors not to be tempted by the big dividend yields offered by these stocks.
"You don't have the support of the dividend" with these companies, Cramer said, pointing out that these companies are not earnings machines like Exxon (XOM) or Verizon (VZ). He said dividends in the sector are likely to fall along with their cyclical earnings, and that tanker lease rates already have begun sliding.
But Cramer likes defense contractor General Dynamics (GD) off an upgrade by Cowen, saying he expects to see the stock "much higher" even after Monday's 3% rise. Cramer, saying Democrats don't want to be seen as weak on defense, gave the stock "two thumbs up."
Published By TheStreet.com

Labels: GD, GPS, Jim Cramer, Jim Cramer's Stop Trading, NAT, VZ, XOM