Jim Cramer Blog

Bullish
Indevus Pharmaceuticals (IDEV): I recommended this as a speculative play.
Nastech Pharmaceutical (NSTK)
Great Lakes Dredge & Dock (GLDD): I recommended this
Foster Wheeler (FWLT) than I would be in GLDD
Halliburton (HAL): If you're looking for a stock to keep you afloat, it can't be Haliburton.
AT&T (T)- Stock that has a dividend.
Verizon (VZ)
ConEd (ED). Any one of those is better than Halliburton
GameStop (GME): Cramer was hoping we would get a chance to buy it at $56, but it's not gonna go there.
Transocean (RIG), Diamond Offshore (DO), China Digital (STV), McDonald's (MCD), Yum! Brands (YUM), Intel (INTC) and ConocoPhillips (COP).

Bearish
Great Lakes Dredge & Dock (GLDD)- would rather be in Foster Wheeler (FWLT)
InterDigital (IDCC)- ixnay on InterDigitalnay.

Labels: ED, FWLT, GLDD, GME, HAL, IDEV, Jim Cramer, Lightning Round, Mad Money, NSTK, RIG, T, VZ

Corning (NYSE: GLW - News): ' ... you should be buying Corning (NYSE: GLW - News), which was unceremoniously dumped after a good quarter.'Lundin Mining (AMEX: LMC - News): 'All mineral stocks are getting hammered here... every single one of them ... There was just a huge amount of takeovers in this industry. Now they're dying down... You accumulate LMC... We like the combination copper, the lead... We like their product portfolio ... We have been right to buy. It will be no different this time.'NYSE Euronext (NYSE: NYX - News): 'I have been wrong so far... I believe fundamentally in the story. I can't change my view, because the fundamentals have borne me out... I am sorry, and I too am in the house of pain. I still believe though.'Prudential Financial (NYSE: PRU - News): 'They knocked it down $3 bucks... There were some concentrated raids on all the insurers ... they've got a gigantic portfolio... PRU is a great company. And it will not founder on subprime... one of the few financials I want to own!'Honeywell (NYSE: HON - News): 'There's a guy who runs that company... his name is Dave Cote. That man inspires a tremendous amount of confidence ... He's a transforming manager. He's generating a huge amount of cash... His order book is full. And I want to buy that stock right here.'Companhia Vale do Rio Doce (NYSE: RIO - News): 'This is a company that has a hammerlock on all the nickel in the world! I would not give up on these guys... As a matter of fact, any weakness ... Stocks that are up huge are getting register rung. It's the summer. That's what happens every year.'BHP Billiton (NYSE: BHP - News)Apple (NasdaqGS: AAPL - News): 'I think the raids are over. I think it's ready to resume its climb. I am not backing away from AAPL at $135. Now, when it got back to $145, please, let's do some schnitzelling (i.e., sell some).'Reliance Steel (NYSE: RS - News): 'I have been recommending Reliance Steel, which had a better quarter (than Nucor.'Chordiant Software (NasdaqGM: CHRD - News): 'They just reported a great quarter yesterday. It was great ... Let's ride that one a little bit more.'
Bearish calls:
Syntax-Brillian (NasdaqGM: BRLC - News): 'No, no! Don't buy, don't buy. Keep looking ... you should be buying Corning.'Kroger (NYSE: KR - News): 'Safeway, Kroger... They've not been recording good quarters. They've been hurt by food inflation... If it lifts, sell, sell, sell... I would trim it back.'Nucor (NYSE: NUE - News): 'I cannot get behind NUE. There are too many flies in the steel story now, with the potential slowdown in commercial real estate, if we don't get a Fed rate cut. 'Great Lakes Dredge & Dock (NasdaqGM: GLDD - News): ' ... that's one I can't go back to. That was a trade.'
Published by SeekingAlpha

Labels: AAPL, BHP, BRLC, CHRD, GLDD, GLW, HON, Jim Cramer, KR, Lightning Round, LMC, NUE, NYX, PRU, RIO, RS

Coleman Cable Inc. (NasdaqGM: CCIX), FC Stone Group (NasdaqGS: FCSX), Great Lakes Dredge and Dock (NasdaqGM: GLDD)
Cramer suggested looking at the Russell 2000 index, a list of 2000 small-cap stocks which will be updated this year on June 22nd. Stocks will be added to or dropped from the list depending on their performance on Thursday. Half of the added stocks usually go up, and while this may seem like only a 50/50 chance of making money, Cramer says the rising stocks go much higher, while those that decline dip only slightly. The top 5 performers last year, Sigma Designs, Matrix Services, Bradley Pharma, Jones Soda and Advanced Magnetics, have all increased at least 100% since their addition to the index. Every listed company should have a market cap range between $233 million and $3 billion, should trade on a major exchange and have a stock price of at least $1. Cramer predicts CCIX, FCSX and GLDD will be added to the Russell 2000 index this year. CCIX is an electrical and cable wire company, a "market leader", and is up 37% since Cramer's March recommendation. FCSX is a commodities risk management company which is expanding into China and Brazil. Finally, GLDD is a demolition dredging services company which is protected from foreign competition from the Jones Act.

Sell Block: Charter Communications (NasdaqGM: CHTR), Apple Inc. (NasdaqGS: AAPL), Delphi Corp. , Dell (NasdaqGS: DELL), Sears (NasdaqGS: SHLD)
"What the heck to you do with two 40% plus wins?" asked Cramer and advised viewers never to be afraid to sell a stock that is up 40%. Although he liked CHTR because of the "virtuous cycle" of its debt refinancing, Cramer would sell all or most of it now because it is too expensive. He admitted Apple is a bit trickier, but he would sell a good portion of it before the iPhone release because he feels expectations are too high and he noted the stock declined after the iPhone was introduced. Cramer did not recommend buying Delphi Corp. because it was on the pink sheets, and now that it has risen 34%, Cramer joked he "would not quite recommend selling some." After its great number, Cramer would hold on to Dell and believes Michael Dell will fix the company's problems. While Sears had a "horrible" quarter, Cramer still is a believer in the stock and noted Warren Buffett also had some down times with Berkshire Hathaway.

Mad Mail: Halliburton (NYSE: HAL)
When asked why Halliburton has not yet realized Cramer's expectations,he said it is levered to natural gas which has bottomed and domestic drilling which has decreased but should come back. Cramer reiterates his buy on HAL; "Sometimes they're hated, and then they explode."

Published By SeekingAlpha

Labels: AAPL, CCIX, CHTR, DELL, FCSX, GLDD, HAL, Jim Cramer, Mad Money, SHLD