Jim Cramer Blog

Here are 7 stocks for traders for Monday from TradingMarkets.com:
Alberto-Culver (NYSE:ACV - News) reports earnings on Monday before the market opens, with traders looking for $0.26 EPS. ACV's PowerRating (for Traders) is 5.
Black & Decker (NYSE:BDK - News) announces quarterly results on Monday morning; watch for $1.03 EPS. BDK's PowerRating (for Traders) is 4.
Halliburton (NYSE:HAL - News) is poised to report $0.69 EPS on Monday morning before the bell. HAL's PowerRating (for Traders) is 4.
When McDonald's (NYSE:MCD - News) announces results on Monday morning, traders will be watching for $0.71 EPS. MCD's PowerRating (for Traders) is 4.
Tyson Foods (NYSE:TSN - News) expects to report $0.04 EPS on Monday morning. TSN's PowerRating (for Traders) is 5.
Analysts will be watching for Verizon (NYSE:VZ - News) to report for $0.62 EPS on Monday morning. VZ's PowerRating (for Traders) is 5.
On Monday afternoon, watch for SanDisk (NasdaqGS:SNDK - News) to report $0.64 EPS. SNDK's PowerRating (for Traders) is 5.

Labels: ACV, BDK, HAL, Hot Stocks, MCD, SNDK, TSN, VZ

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.
Northrop Grumman (NYSE:NOC - News) & Covance (NYSE:CVD - News). NOC's PowerRating (for Traders) is 6, and CVD's PowerRating (for Traders) is 7.
5+ Consecutive Lower Lows: These are stocks that have made a lower low 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 make lower lows 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.
Halliburton (NYSE:HAL - News). HAL'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.
Donaldson (NYSE:DCI - News). DCI's PowerRating (for Traders) is 8.
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.
Brightpoint (NasdaqGS:CELL - News). CELL's PowerRating (for Traders) is 7.
Bearish
Laps Up 5% or More: These are stocks that lap up by 5% or more and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that lap up by more than 5% have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Chemtura (NYSE:CEM - News). CEM'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.
Genesco (NYSE:GCO - News). GCO's PowerRating (for Traders) is 3.
Published By TradingMarkets.com

Labels: CELL, CEM, CVD, DCI, GCO, HAL, Hot Stocks, NOC

On Tuesday's show, Cramer began by saying today is a perfect example of why you need to stay in the investing game. He said that Citigroup (C) went from a stock you must stay away from to a stock you must own after Abu Dhabi bought a large stake. It was also announced that they might buy into two more Dow stocks, so Cramer is looking for a way to profit from this trend. Cramer said focus on Halliburton (HAL) because it is trading at a large discount to other oil service stocks. He thinks that it could be worth $53 per share, and that these Arab states will invest in what they know, oil. One issue with the stock is that the company is hated by politicians in the U.S., but Cramer doesn't seem to think that Dubai or Abi Dhabi cares.
Then Cramer went to the phonelines. The first caller asked about opportunities in shale oil stocks, and Cramer recommended that people buy Suncor (SU) immediately. The next caller asked about the proposed takeover of BHP Billiton (BHP). Cramer is bullish on the stock and doesn't think it will be an issue.
Lighting Sector: One stock that Cramer likes is Acuity (AYI). It would be a good buyout target for Philips (PHG), and the stock didn't move up much on the news that Philips plans to buy several lighting companies to go with its buyout of Genlyte (GLYT). Also, this company will grow quickly with retro-fitting of old buildings that need to update their lighting. Another plus for AYI is it's a commerical building play, which is still going strong despite the problems in the residential housing market. Given the same valuation as Genlyte, it would be worth $57 per share.
Cramer came back fromt he lightning round and talked about a battle between two analysts over Starbucks (SBUX). FBR raised the stock to a buy, while CBIC lowered it to a sell on the same day. Cramer wanted to take a closer look at the stock, and after doing his homework, Cramer agreed with CBIC and is bearish on SBUX. He doesn't like the stock because the company has a lot of low priced quality competition, the stock has a contracting multiple, and growth is slowing. He thinks it would have to go well below 16 to be a buy.
The CEO of Aecom (ACM) was on the show, and announced quarterly earnings and guidance for 2008, and the stock dropped over 10% today. He said that the decreasing backlog is due to normal seasonal patterns in orders, and that they expect to continue their growth. He is bullish about the company and the stock. Cramer was disappointed and said that the company will have to show him that it is still on track next quarter before he will buy it again.

Labels: ACM, AYI, BHP, Citigroup Inc., CNBC, GLYT, HAL, Jim Cramer, Jim Cramer's Stop Trading, Lightning Round, Mad Money, Mad Money Lightning Round, Mad MOney Recap, SBUX, SU

On Friday, Cramer started the show by saying that this is the week that people gave up on technology, retail, and banking. Cramer said that despite this, he thinks that there are still chances to make you money. Cramer then went into his Game Plan for next week. Cramer discussed McDonald's (MCD) because they have an analysts meeting on Tuesday, and Cramer thinks you should get in before then. The company delivers consistent international growth and can maintain in the U.S. even if a recession hits.
Then Cramer went to the phonelines. The first caller asked about Halliburton (HAL), and Cramer said that they will have a great year next year, and he wants you to buy it between $36 and $38. The next caller asked about Skechers (SKX), and Cramer said he doesn't understand why this stock is going down, and he thinks good stocks are being beaten up with the bad.
Cramer then had an interview with presidential candidate Chris Dodd, where they talked about Dodd's plans for his campaign and how some of his policies would affect investors.
After the lightning round, Cramer had the CEO of Foster Wheeler (FWLT) on the show to talk about why the stock will continue to rise. Their customers are building larger and larger projects, and he thinks the market is very, very strong for their services.
Mad Mail: Cramer told the first writer to take profits when they are up big so weeks like this one don't hurt as much. The next email asked if Cramer is sure that Under Armour (UA) is finished, and Cramer said he thinks they are. After that they then showed the highlights of the week, and wrapped up the show.

Labels: HAL, Jim Cramer, Mad Money, Mad MOney Recap, MCD, SKX

By TradingMarkets Research
Stocks celebrated the 20th anniversary of "Black Monday" by plunging, with the Dow losing nearly 367 points. On October 19, 1987, the Dow lost 508 points, which represented a 22.6% decline, the largest ever one-day loss on a percentage basis.
Here are 7 stocks to watch for Monday:
Apple (NasdaqGS:AAPL - News) reports earnings after the close, with analysts expecting $0.85. AAPL's PowerRating (for Traders) is 4.
Dow component American Express (NYSE:AXP - News) also reports after the close, with analysts looking for $0.85. AXP's PowerRating (for Traders) is 5.
Check Point Software Technologies (NasdaqGS:CHKP - News) earnings are due before the open on Monday, look for $0.38. CHKP's PowerRating (for Traders) is 6.
Haliburton (NYSE:HAL - News) is expected to report earnings of $0.64 before the open. HAL's PowerRating (for Traders) is 6.
Netflix (NasdaqGS:NFLX - News) reports after the close, with analysts expecting $0.15. NFLX's PowerRating (for Traders) is 5.
Schering-Plough (NYSE:SGP - News) is also due before the bell, $0.30 is the magic number. SGP's PowerRating (for Traders) is 5.
Texas Instruments (NYSE:TXN - News) reports after the close, with $0.50 being the target. TXN's PowerRating (for Traders) is 6.

Labels: AAPL, AXP, CHKP, HAL, Hot Stocks, NFLX, SGP, TXN

Cramer continued his Back to School Tour today at Georgia Tech. He began by talking about InterContinental Exchange (ICE), which is up 131% since Cramer recommended it last March, and he thinks it still has room to go up since it profits off the volatility in the commodity markets. Cramer also thinks that this exchange might be bought out by NYSE EuroNext (NYX) which will bail him out of his NYX recommendation, which has been killing him all year. He believes NYX could pay up to $200 per share for the company. Cramer then took some questions from the audience. The first question was about exchanges investing in China, and Cramer said that he thinks Coca-Cola (KO) and Yum! Brands (YUM) are the best ways to play China.
Cramer then interviewed the CEO of Coca-Cola (KO), and they talked about the earning prospects for the stock and its international growth plans. Cramer is bullish on the stock, and is a fan of the CEO.
After the lightning round Cramer went over some stock picks with the Georgia Tech investment club. Nokia (NOK): Cramer thinks this stock is a winner. Grant Prideco (GRP): Cramer likes TransOcean (RIG), Halliburton (HAL), Schlumberger (SLB) and National Oilwell Varco (NOV) are better stocks. J Crew (JCG): Cramer said to back up the truck and buy this stock. Fossil (FOSL): Cramer doesn't like it as much as J Crew, and that he is worried about retailers that have had good runs recently.
Finally, Cramer ended the show by spending some time talking to students about the stock market and the economy.

Labels: Georgia Tech, GRP, HAL, Jim Cramer, KO, Mad Money, Mad MOney Recap, NYX, RIG, SLB, YUM

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

Najarian: the weak dollar is bullish for technology stocks, which will benefit off of global growth. Finerman: buying S&P 500 and Russell put options to hedge her portfolio.
Oil was above $83 again for the fourth record close in a row. Finerman suggests buying ConocoPhillips (COP). Najarian says to buy oil service stocks like Baker-Hughes (BHI), Halliburton (HAL) and Schlumberger (SLB).
Word on the Street
Goldman Sachs (GS): Record numbers on Thursday. Najirian would sell on the news.
FedEx (FDX): reported a 4% rise in profits, but cut forecasts. Macke thinks FedEx's problems are company-specific. He also reminded investors to never own a stock where the CEO blames the economy on a bad quarter, which FedEx did. Adami said Fed Ex isn't at the level he would buy, but it's getting close.
Oracle (ORCL): traded up after hours on strong earnings and revenue. Macke thinks Oracle is a very good company hitting on all cylinders. Adami and Najarian like the acquisitions that Oracle has made recently.
Cree (CREE) and Brightpoint (CELL): Najarian saw huge monster volume on the CREE September $35 calls and the CELL April $20 calls.
Nike (NKE): reported bullish earnings and revenues after the close on Thursday. Finerman thinks the news gives a buy signal for Brown Shoe (BWS), which sells a lot of Nike shoes. Macke disagreed. Najirian says to watch Under Armor (UA), because if they are doing well than Nike will do well.
PC Growth: Morgan Stanley raised PC growth forecasts by 4%. This adds momentum for technology stocks and will be bullish for Dell (DELL), Hewlett-Packard (HPQ), Apple (AAPL), Intel (IMTC), and AMD (AMD).
Stem Cell: Najarian says the pure play in the stem cell space is Geron (GERN). For other big caps look at Celgene (CELG), Amgen (AMGN) and AstraZeneca (AZN).
Dubai announced on Thursday a 20% stake in both the NASDAQ and London Stock Exchange. Higher oil prices have left the Gulf state flush with cash. Macke says look at Tiffany's (TIF) and Saks (SKS) and get ahead of the possibility of Dubai taking a stake in these firms. Adami says buy Fluor (FLR) and McDermott (MDR). Finerman would play the exchange names like NASDAQ (NDAQ), NYMEX (NMX), and NYSE (NYX).
POPS & DROPS
POPS: Athenahealth (ATHN), Monolithic Power Systems (MPWR), Carnival Cruise (CCL), Motorola (MOT).
Drops: CKE Restaurants (CKR), Pier One Imports (PIR), Lowe's (LOW), Infosys (INFY), Pacific Ethanol (PEIX).
Face2Face
First writer said, "Lee Raymond, the former CEO of Exxon Mobil (XOM) has said that the price of oil shouldn't be $80 per barrel. If so, perhaps there is no "real" inflation at all. Finerman disagrees with the idea that speculators can control prices in the longer term.
Another writer asked why EMC Corp (EMC) hasn't broken out of its current trading range, while VMware (VMW). Adami recalls that traders sold EMC to buy VMW, but those traders will be coming back to EMC. He expects EMC to go over $20.
Final Trade
Macke: Added to his position in Activision (ATVI).
Adami: says buy Oracle (ORCL) as long as it stays above $20.50.
Finerman: going long on BEA Systems (BEAS).
Najarian: buy Sohu.com (SOHU)

Labels: CELL, CNBC, COP, DELL, Fast Money, FDX, GS, HAL, HPQ, IMTC, Jim Cramer, NKE, ORCL, SLB

CEO Interview Mark Hurd, Hewlett-Packard (HPQ)
Tech has “convincingly moved into the leadership position,” commented Cramer adding that his often touted pick, Hewlett-Packard is head of the pack. The stock saw an upside surprise of 5 cents in the last quarter, and has H-P has benefited from the ongoing price war among component suppliers. Mark Hurd added “The best days of H-P are head of it, not behind it,” and credited the company’s success with growth and strong fundamentals. Concerning H-P’s $1.6 billion acquisition of $1.6 billion acquisition Opsware, Hurd said, "we buy companies that are leaders." Cramer likes the fact that 65% of H-P’s revenues are from overseas and at $50, he thinks H-P is the cheapest big-cap tech stock.
Bucking Starbucks: Peet’s Coffee (PEET)
With the passing of Alred Peet, Cramer paid tribute by touting his coffee company, Peet’s Coffee which pre-dated and perhaps inspired Starbucks. Unlike its more famous rival, Peet’s has enormous growth potential, according to Cramer. Peet’s plans to open 30 stores next year, and iat $25.75 is a safe, recession-proof stock.
Nothing Could Be Finer than to Be in Carolina Group (CG)
While many investors are busy choosing between Altria’s domestic and international company after its breakup, Cramer suggests looking at Carolina Group, which is a unit of Loews and owns Newport, the best-selling brand of menthol cigarettes. Newport accounts for 9% of the company’s sales volume, and while the sales of other cigarettes are declining, menthol is on the rise. Cramer notes after CG settles a class-action lawsuit, it is likely to raise its dividend from 2.3% to $6.4%. He not only likes CG’s yield, but he also believes in the company’s growth potential.
Mad Mail: Halliburton (HAL), Tim Horton’s (THI) Cramer agreed with a mailer who expressed doubts about Halliburton, and he added HAL did not spin of KBR correctly. In addition, Cramer was disappointed HAL missed the opportunity to buy Global Sante Fe, which was acquired by Transocean. When asked about Tim Horton, Cramer said it is too expensive and prefers Peet’s.
Published By SeekingAlpha

Labels: CG, HAL, HPQ, Jim Cramer, Mad Money, PEET, THI

Wells Fargo (NYSE: WFC - News)
Cramer said Friday was a "great day for the market" and indicated the cut of 50 basis points to 5.75% was partly the result of his "heart felt plea" to Fed Chairman Ben Bernanke to slash the rate. Cramer reiterated his bullishness on WFC, but regrets he didn't recommend the stock earlier. Although investors are now "playing offense," Cramer says the change is one of psychology, not fundamentals.
Thornburg Mortgage (NYSE: TMA - News), Countrywide Financial (NYSE: CFC - News), Goldman Sachs (NYSE: GS - News), Lehman Brothers Holdings (NYSE: LEH - News)
Cramer wondered "where was that 500 point rally?" that was supposed to accompany a rate cut, but added the cut averted a 1,000 point decline. He said the slash in the rate saved TMA nd CFC from almost certain collapse. Although hedge funds are still in sell mode and the market could experience a hiccup, like the 5.4% drop in Japan's Nikkei, Cramer believes the worst is over and would buy GS and LEH on the rate cut.
"Post-Bernanke Enlightenment Game Plan:" Sears Holding (NasdaqGS: SHLD - News), Bear Stearns (NYSE: BSC - News), Downey Financial (NYSE: DSL - News), Washington Mutual (NYSE: WM - News), Centex (NYSE: CTX - News), Schlumberger (NYSE: SLB - News), Halliburton (NYSE: HAL - News), NYSE Euronext (NYSE: NYX - News)
As always, Cramer likes SHLD, not only because of CEO Eddie Lampert but also because the company has "lots of cash." In addition to Goldman and Lehman, Cramer says it is time to buy financials BSC, DSL and WM. He added Countrywide and Thornburg's recent problems could lead to takeover bids. Because of hurricane season and renewed vitality in the housing sector, Cramer discussed CTX, which could see a short squeeze, and revisited his perennial favorites SLB and HAL. He thinks NYX will finally get some respect because its estimates are too low in spite of high trading volume. Cramer said these picks are good to "buy high and sell higher," and if they rise on Monday, Cramer would wait five days before buying.
Published By SeekingAlpha

Labels: BSC, CFC, CTX, DSL, GS, HAL, Jim Cramer, LEH, Mad Money, NYX, SHLD, SLB, TMA, WFC, WM

Bull Meat Barbecue
Although Thursday's selloff resembled a "bull meat barbecue," Cramer encouraged viewers not to lose heart and reiterated his principle that there is always a bull market somewhere. He made a checklist of three kinds of stocks to avoid: Stocks, such as housing, which need low interest rates to go higher, stocks (restaurants, retail etc.) with too much leverage to the domestic economy, and companies which must borrow to make an acquisition. Cramer emphasized the importance of selling these stocks, especially for those who did not lighten their portfolios before the selloff and those who cannot take the pain and wait for these sectors to recover.
Game Plan for Next Week: Pepsi (NYSE: PEP - News), Colgate (NYSE: CL - News), Kellogg (NYSE: K - News), Kimberly Clark (NYSE: KMB - News), Caterpillar (NYSE: CAT - News), Foster-Wheeler (NasdaqGS: FWLT - News), Freeport McMoRan (NYSE: FCX - News), Schlumberger (NYSE: SLB - News), Halliburton (NYSE: HAL - News), Boeing (NYSE: BA - News), Bunge (NYSE: BG - News), Monsanto (NYSE: MON - News), Dell (NasdaqGS: DELL - News), Hewlett-Packard (NYSE: HPQ - News), Cisco Systems (NasdaqGS: CSCO - News), Celgene (NasdaqGS: CELG - News), Merck (NYSE: MRK - News), Medco Health (NYSE: MHS - News)
Because on The Street, a trauma does not usually follow a trauma, Cramer expects a bounce at least by Monday, and would get rid of financials, retail and restaurants and buy soft goods, such as PEP, CL, K and KMB. Dismissing worries of a potential worldwide slowdown, Cramer likes machinery and mining, particularly CAT, FWLT and FCX. He also recommends oil, although natural gas has been tricky, and his picks are SLB and HAL. Cramer's favorites among aerospace and agriculture include BA, BG and MON, and he adds the tech sector has been hot and would buy DELL, HPQ and CSCO. In the healthcare sector, he especially likes CELG and MHS and doesn't mind MRK.
Pscyhed Up with Sycamore Networks (NasdaqGM: SCMR - News)
After the selloff devastation, there is still one thing Cramer can count on; that tech will continue to thrive in the late summer as it does every year. Cramer likes SCMR as a speculative telecom tech stock, since the company has almost a pure play on optical services. SCMR is not best-of-breed, but he is still bullish because SCMR does not yet have any analysts covering it and he likes SCMR's floor; it's at $4 a share but has the equivalent of $3.23 a share. In addition, the company's sales have been rising and 60% of its revenue is international. While SCMR is not as strong as Cisco or Cienna it could make investors more money.
Mad Money: Hoku Scientific (NasdaqGM: HOKU - News), Genzyme (NasdaqGS: GENZ - News), Celgene (NasdaqGS: CELG - News)
When a mailer asked about Hoku, Cramer recalls having recommended it at $6, and it has recently dropped from $11 to $8. At this level, Cramer says, it is too speculative, but he thinks it will repeat its upward trend after it falls back to $7 or $6. Another mailer wanted to know Cramer's opinion of GENZ; while the fall is good for biotech in general, he prefers Celgene to GENZ. On the issue of whether Freeport McMoRan's report of strong cash flow will be good for Caterpillar, Cramer says he likes CAT, but it has been hit hard for its North American exposure. While he says CAT is "your best play" he adds currently he is "loathe to buy more."
Published By SeekingAlpha

Labels: BA, BG, CAT, CELG, CL, CSCO, DELL, FCX, FWLT, HAL, HPQ, Jim Cramer, K, KMB, Mad Money, MHS, MON, MRK, PEP, SLB

The start of the trading week got under way in the right direction, as the major market indices finished the session higher. The biggest gainer among the averages was the Dow, which rose 92 points. The Nasdaq rose 3 points on the session, while the S&P gained 7.5. Bulls were in the buying mood out of the gate as strong corporate earnings coupled with increased dealmaking led to bargain hunters picking up stocks after Friday's losses. In the energy sector, prices declined across the board, with crude finishing the day lower by -90 cents to close at $74.89 a barrel.
In earnings news, pharmaceutical giant Merck (NYSE: MRK - News) said net income rose to $1.68 billion, or 77 cents a share, compared to $1.5 billion, or 69 cents a share last year. Excluding restructuring charges, EPS would have been 82 cents. Sales rose 8% to $6.11 billion. The company also said it put away an additional $210 million into its reserve to help fight off Vioxx claims. In addition, it raised its full-year EPS guidance for 2007 to $2.80-2.95, or $3.00-3.10 excluding charges. Shares surged 6.9%
Elsewhere, oil services giant Halliburton (NYSE: HAL - News) rose 3.2% on the day after the company reported earnings from continuing operations of $595 million, or 63 cents a share. On a comparable basis, it earned $498 million, or 47 cents a share, a year earlier. Revenue rose to $3.74 billion from $3.12 billion the same period a year ago. The company said its 19% rise in earnings from continuing operations was fueled by international contracts.
M&A is still alive and well on Wall Street as a plethora of deals were announced. Drilling giant Transocean (NYSE: RIG - News) agreed to buy rival GlobalSantaFe (NYSE: GSF - News) for nearly $18 billion. Under the terms of the deal, Transocean shareholders will receive $33.03 in cash and 0.6996 shares of the combined company. GlobalSantaFe shareholders will receive $22.46 in cash and 0.4757 shares of the new combined company. The cash and stock deal will create a behemoth with a combined $53 billion in enterprise value.
Also in the buyout space, Cerberus agreed to buy United Rentals (NYSE: URI - News) for $34.50 a share. The total deal amount, which includes $2.6 billion worth of debt, is $6.6 billion. In the tech space, Hewlett-Packard (NYSE: HPQ - News) agreed to buy software firm Opsware (Nasdaq: OPSW - News) for $14.25 a share, in an all cash tender offer. The deal represents a 38% premium to where the shares closed on Friday.
By the BullMarket.com Staff

Labels: GSF, HAL, HPQ, MRK, OPSW, RIG, URI

Halliburton Co.'s profit more than doubled in the second quarter, getting a $933 million lift from the separation of former subsidiary KBR Inc. But even without that gain, the results still beat the consensus Wall Street forecasts for the oilfield services contractor. Its shares rose 4 percent.
Earnings of $1.5 billion for the April-June period, which amounted to $1.62 per share, compared with income of $591 million, or 55 cents a share, in the year-ago period, Halliburton said Monday.
Revenue in the quarter rose 20 percent to $3.7 billion from $3.1 billion a year ago. The company said sales rose worldwide, particularly in the Eastern Hemisphere.
Excluding the gain from the KBR split, Halliburton said income from continuing operations in the quarter was $595 million, or 63 cents a share, up from $498 million, or 47 cents a share, in the second quarter of 2006.
Wall Street analysts polled by Thomson Financial had forecast earnings of 56 cents a share on revenue of $3.5 billion. The analysts' forecast typically excludes one-time items.

Labels: HAL, Haliburton Co.

Here are 7 stocks for traders for Monday from TradingMarkets.com:
Arch Coal (NYSE:ACI - News) reports earnings on Monday before the bell; look for $0.27 EPS. ACI's PowerRating is 6.

Halliburton (NYSE:HAL - News) is expected to announce $0.56 EPS when the company announces earnings on Monday morning. HAL's PowerRating is 5.
Merck (NYSE:MRK - News) should report $0.72 EPS on Monday morning. MRK's PowerRating is 6.
Analysts will be watching for Hasbro (NYSE:HAS - News) to report $0.17 EPS when the company announces quarterly earnings on Monday morning. HAS's PowerRating is 6.
PetMed Express (NasdaqGS:PETS - News) should announce $0.23 EPS early Monday morning. PETS's PowerRating is 5.
Sify Limited (NasdaqGM:SIFY - News) looks set to report -$0.02 EPS on Monday morning, while TASER (NasdaqGS:TASR - News) hopes to report $0.04 EPS. SIFY's PowerRating is 8, and TASR's PowerRating is 4.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: ACI, HAL, HAS, Hot Stocks, MRK, PETS, SIFY, TASR

Bullish calls:
Penwest Pharmaceuticals (NasdaqGM: PPCO - News): ' ... had no idea that stock had fallen all the way to $12. They have got some great technology ... that's a good spec there. Remember, it is just a speculation though ... they're losing big money and they don't have a lot of revenues either.'Gildan Activewear (NYSE: GIL - News): ' ... it is a momentum name ... But, understand. Even though it's cheap on a multiple basis, it's had a big run. Maybe you buy a little, and then you wait for a little pullback.'GOL Linhas Areas Inteligentes (NYSE: GOL - News): ' ... they stole Varig. It's a Brazilian airline. It's up $4 since we mentioned it at $28-29. That's not enough. The stock's going to $40. $33... pick up $7. That's what I like!'Chesapeake Energy (NYSE: CHK - News): 'Natural gas is back! ... Aubrey McClennan [CEO] is one of the best. I am saying that CHK goes higher!'Fannie Mae (NYSE: FNM - News): 'Now here is a stock I haven't talked about enough ... When the sub-prime loan market went kerplooey... FNM ... decided to buy $20 billion worth of liquidity ... FNM is not expensive, until it gets to $80 a share, and it's at $64.'Celgene (NasdaqGS: CELG - News): ' ... dramatically undervalued on the Revlamid news from the weekend,'Gilead Sciences (NasdaqGS: GILD - News)Fuel Tech (NasdaqGM: FTEK - News): ' ... I thought there was more than a 20% gain there, so I can't tell you to take some off, when I told you there was more to gain ... I'm not bailing. You shouldn't either.'Herbalife (NYSE: HLF - News): 'I became convinced that that company is not just a fly-by-night supplement company, but a company that really has a wellness principle.'Crocs (NasdaqGS: CROX - News) ' I think that CROX is a company that you can own until everyone has decided that every analyst and his brother has recommended.'Genesis Lease (NYSE: GLS - News): 'If you need to be in bundled aircraft, it's Genesis Leasing.'Boeing (NYSE: BA - News): 'If you've got to be in aerospace, it's Boeing.'Tesco (NasdaqGS: TESO - News): 'I have been working like a bow-wow to try to figure out when do we decide to get off the oil service game... and the answer is not yet. This group is still cheap!'Halliburton (NYSE: HAL - News)Input/Output (NYSE: IO - News): 'Seismic data. You know I like that very much. I think IO has been slighted by Mad Money.'Trinity Industries (NYSE: TRN - News): ' ... it's still so darn cheap, I don't think it can hurt you. ... We're under-railcarred in this country.'Marathon Oil (NYSE: MRO - News): 'MRO - even at $128 - is still cheap! Unbelievable! I'm pulling the trigger here for half the position, and then let it come in.'Haynes International (NasdaqGM: HAYN - News): 'I'm staying long it. We liked it 20 points below this.'Merit Medical Systems (NasdaqGS: MMSI - News): 'I'll buy that one too.'Cepheid (NasdaqGM: CPHD - News)Dynegy (NYSE: DYN - News): 'Oh man, down here at $9.50. C'mon let's pull the trigger. Bruce Williamson, CEO. Best in show.'
Bearish calls:
AirTran Holdings (NYSE: AAI - News): 'No can do. I'm only using one airline right now, particularly with oil going up...and that is GOL Linhas.'Mylan Laboratories (NYSE: MYL - News): 'No, can't go there... I think these generic guys have never made me a lot of money.'Usana Health Sciences (NasdaqGS: USNA - News): 'too high risk for me.'JetBlue Airways (NasdaqGS: JBLU - News): 'No! Sell, sell, sell! Another airline that's problematic.'
Published by SeekingAlpha

Labels: BA, CELG, CHK, CROX, FNM, FTEK, GIL, GILD, GLS, GOL, HAL, HLF, IO, Jim Cramer, Lightning Round, MRO, PPCO, TESO, TRN

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

Six Bulls: John Deere (NYSE: DE - News), Monsanto (NYSE: MON - News), Sociedad de Chemica (NYSE: SQM - News), Caterpillar Inc. (NYSE: CAT - News), Terex (NYSE: TEX - News), Manitowoc (NYSE: MTW - News), Foster Wheeler (NasdaqGS: FWLT - News), McDermott International (NYSE: MDR - News), Jacobs Engineering (NYSE: JEC - News), Boeing Co. (NYSE: BA - News), Halliburton (NYSE: HAL - News), Royal Dutch Shell (RDS-A), Exxon Mobil (NYSE: XOM - News), Freeport McMoran (NYSE: FCX - News), Lundin Mining (AMEX: LMC - News)
Cramer dedicated the program to discussing six bull markets and recommending stock picks for each sector.
Agriculture: Cramer commented on a "disturbing" editorial in the New York Times which called for an end to agricultural subsidies, but he is confident the policy will never be enacted. Cramer calls Deere "money in the bank" and notes that it sells at 16x earnings and has a 12% growth rate. While Monsanto, which trades at 35 x earings "will never be cheap," Cramer says its 24% growth rate is worth the price at $60, and he would buy it up to $70. The Chilean fertilizer company, SQM, is the world's largest supplier of lithium which goes into batteries and will be in shorter supply as "the greening movement reaches its nauseating zenith."
Machinery While he confesses amazement that CAT is stalled, Cramer says it is "preposterously cheap" trading at 13x earnings with 12% growth. He adds CAT has great international exposure, will benefit from the collapse of its Japanese competitors, and is a solid infrastructure play. While he also likes TEX and MTW, Cramer thinks CAT is still best-of-breed.
Infrastructure: Cramer calls this the "wildest" bull market which will benefit from oil prices and the n