Jim Cramer Blog

Falling crude oil prices continue to be a boon for airlines stocks with Delta Airlines (NYSE:DAL) up more than 23% and Continental Airlines (NYSE:CAL) gaining nearly 13%. The Short Term PowerRating for CAL is 4.
Morgan Stanley (NYSE:MS) reported quarterly earnings after the market closed on Tuesday, beating analyst's estimates by a wide mark.of more than 50 cents. The Short Term PowerRating for MS is 6.
Warning of weakness in global demand, Dell Inc. (NasdaqGS:DELL) shares were lower by more than 11% on the day. The Short Term PowerRating for DELL is 8.
In a potential change of heart, the Federal Reserve has said that it is open to a loan package to help struggling insurer, American International Group (NYSE:AIG). The Short Term PowerRating for AIG is 7.
Shares of Hewlett-Packard (NYSE:HPQ) soared by more than 6% on Tuesday as traders applauded the company's cost cutting plans - including the elimination of thousands of jobs. The Short Term PowerRating for HPQ is 5.
Third quarter profits for Goldman Sachs (NYSE:GS) fell by more than 70% the company reported on Tuesday. The Short Term PowerRating for GS is 6.

Labels: AIG, Amercian International Group, CAL, DAL, DELL, GS, HPQ, MS, Stocks to Watch

Amback (ABK), Wachovia (WB), Countrywide Financial (CFC), MGIC (MTG), Washington Mutual (WM), Fannie Mae (FNM), Freddie Mac (FRE), Pepsico (PEP), Colgate (CL), Procter and Gamble (PG), Diageo (DEO)
Cramer said the Fed's liquidity strategy is going to make banks suffer more and noted the bad performance of ABK, WB, CFC, MTG, WM, FNM and FRE. He said favorite defensive stocks PEP, CL, PG and DEO were thriving. Cramer called on the Fed to vacate its Ivory Tower and find out what is really going on in the market.
Apple (AAPL), Hewlett-Packard (HPQ), Google (GOOG), Research in Motion (RIMM), Intel (INTC), Nvidia (NVDA), Texas Instruments (TXN), Sigma Designs (SIGM), AT &T (T)
Cramer commented if the Fed had cut half a point, there would be more stocks to recommend, but with a quarter point interest rate reduction, it looks like slim pickings, except for tech. His perennial favorites in the sector: AAPL, HPQ, GOOG, RIMM, INTC, NVDA, TXN are in great shape, Cramer said.
In addition, Cramer singled out Sigma Designs as a play on the decline of cable companies and as comparable services are provided by telephone companies. AT &T announced it is spending $5 billion on its U-verse TV service, and Sigma, which designs the chips for service, will benefit. Analysts raised their price targets after Sigma reported a fantastic quarter, and the company has a high quality problem of not making enough chips to meet demand. Cramer suggests letting SIGM come down a bit before buying.
Published By SeekingAlpha

Labels: AAPL, ABK, CFC, CL, DEO, FNM, FRE, GOOG, HPQ, INTC, Jim Cramer, Mad Money, MTG, NVDA, PEP, PG, RIMM, TXN, WB, WM

Monday: Earnings After: HRB ; Economic News: Pending Home Sales ; Other News: TXN Mid-Q Update

Tuesday: Earnings Before: KR ; Economic News: FED DECISION*** ; Other News: HPQ ANALYST MEETING, AT&T ANALYST MEETING, GENERAL ELECTRIC OUTLOOK

Wednesday: Earnings After: CKE ; Economic News: Budget, Import Prices

Thursday: Earnings Before: COST, LEH, JOSB ; Economic News: Retail Sales, PPI ; Other News: AMD Analyst day, HON Outlook

Friday: Economic News: CPI

Labels: COST, CPI, GE, HPQ, HRB, Import Prices, JOSB, KR, LEH, Pending Home Sales, PPI, TXN

Bullish calls:
CVS Caremark (CVS): 'I think it's unbelievably strong ... you should get in right here. ... CVS remains one of my favorite stocks in this environment.'), Hewlett-Packard (HPQ): 'That was a monster-good quarter. That was an All-Aboard quarter. ... That company is smoking. ... It's not done. I wanna own Hewlett-Packard ... and so should you.' Monster Worldwide (MNST): 'I thought that the new management team would turn things around ... Monster, I still think, is being set up to be bought.' St. Jude Medical (STJ): 'If you want to be in that cohort, it's gotta be S-T-J.' Freeport-McMoran (FCX): 'I'm willing to have you in Freeport (FCX - Cramer's Take - Stockpickr - Rating), cause that's copper and gold.' Transocean (RIG): 'This is a great opportunity. ... In the last three days ... Transocean went from $138 to $127 because they did financing.' Schlumberger (SLB) Raytheon (RTN) Wolverine World Wide (WWW) Nike (NKE) Vimpel Communications (VIP) Shaw Group (SGR) Countrywide Financial (CFC): 'It's a very technical situation. ... If the Fed cuts 50 basis points, Countrywide will work.'
Bearish calls:
Sysco (SYY): 'It's OK ... as long as the consumer's out there spending ... going to a lot of restaurants ... the problem is they're not going to restaurants as much. Don'tBuy.' Boston Scientific (BSX): 'Let me be very clear. I have disliked Boston Scientific for more than 10 points.' Titanium Metals (TIE) Taser (TASR): 'In this market, it's too hard for me. ... I do not want to buy Taser here. Don'tBuy.'

Labels: BSX, CFC, CVS, FCX, HPQ, Jim Cramer, Lightning Round, Mad Money, MNST, NKE, RIG, RTN, SGR, SLB, STJ, SYY, TASR, TIE, VIP, WWW

Bullish calls:
Walt Disney (DIS): 'Again, I don't play for DIS, but I'm certainly not going to blast it. I think it's a good company.' Brookfield Asset Management (BAM): 'They've got terrific, terrific management … BAM will come back!' Hewlett-Packard (HPQ): 'HPQ has the business model and the leverage!' SunPower (SPWR) First Solar (FSLR) Johnson Controls (JCI): 'There was a man who just downgraded it … He's taken a very short-term approach. JCI has an unbelievably good business in climate control and, when autos come back, that stock's going to roar.' J. Crew (JCG) Costco (COST)
Bearish calls:
Wolseley (WOS): 'I can't endorse that company. Those companies are all doing badly.' Lowe's (LOW): 'I don't even recommend Lowe's anymore on this show.' Fannie Mae (FNM): 'It's just too hard to value right now...They just cut the dividend. Guys are going to sell it. I'm not there...' Automatic Data Processing (ADP): 'No. It's just a flatlined name. You need a stronger economy for that play.' Dell (DELL): 'DELL can buyback as many shares as it wants. HPQ has the business model and the leverage!' LDK Solar (LDK): 'No, c'mon man! The finances are unclear!' Cabela's (CAB): 'That company is just simply one of the worst publicly-traded companies I've ever seen.' South Financial Group (TSFG): 'Good stock in a really bad neighborhood … I can't touch the darn thing. Sorry to be so negative.' Home Depot (HD): 'That group is too darn hard.' Solarfun Power (SOLF)
Published By SeekingAlpha.com

Labels: ADP, BAM, CAB, COST, DELL, DIS, FNM, FSLR, HD, HPQ, JCG, JCI, Jim Cramer, LDK, Lightning Round, LOW, Mad Money, SPWR, TSFG, WOS

It was a rollercoaster ride on Wall Street, as stocks attempted to balance a solid Hewlett-Packard (NYSE: HPQ - News) earnings report with mortgage sector concerns and a report by the Fed predicting slowed economic growth in 2008. The Dow finished up 52 points on the day to close at 13,010. Meanwhile, the Nasdaq and S&P each posted small gains to finish at 2,597 and 1,440, respectively. Light, sweet crude surged in trading to close at $97.69 per barrel for December delivery. Treasury prices traded relatively flat, while gold prices gained on the day to close at $794.50 an ounce. The dollar hit a new low versus the euro, but gained against the yen.

On the economic front, the Federal Reserve revealed that it's cut its growth expectations for the U.S. economy for the coming year. According to newly released forecasts, the central bank now expects growth to slow to between 1.8%-2.5% in 2008, down sharply from previously unreleased estimates in June that had forecasted growth of 2.5%-2.75%.
In earnings news, shares of Freddie Mac (NYSE: FRE - News) plunged -28.7% today after posting a net loss and announcing it would write down nearly -$8.1 billion in lending-related assets. For the third quarter, the mortgage company reported a loss of -$2.03 billion, or -$3.29 per share, compared with a loss of -$715 million, or -$1.17 per share, a year earlier. The firm said it has hired an adviser to help study capital-raising options and said it is considering slashing its dividend by -50%.
After the bell last night, Hewlett-Packard reported a fourth-quarter surge in net income to $2.16 billion, or 81 cents a share, up 28% from $1.69 billion, or 60 cents per share, last year. Excluding one-time items, the company posted a profit of 86 cents per share. Sales in the quarter jumped to $28.3 billion, up 15% from $24.6 billion a year earlier. Analysts, on average, had been looking for a profit of 82 cents per share on revenue of $27.4 billion. Shares of Hewlett-Packard traded up fractionally on the day.
Shares of Target (NYSE: TGT - News) were down -4.1% in trading as the discount retailer posted a drop in net earnings to $483 million, or 56 cents per share, down from $506 million, or 59 cents per share, a year ago. Quarterly revenue rose to $14.82 billion, up 9.3% from $13.57 billion in 2006. On average, analysts were looking for EPS of 62 cents on $14.8 billion in revenue. The company also said its board had authorized a new $10 billion share repurchase program. Subscribers can read our take on Target in today's edition.
Homebuilder D.R. Horton (NYSE: DHI - News) reported a swing to a loss in the fourth quarter. For the period ended September 30th, the company posted a loss of -$50.1 million, or -16 cents per share, versus a profit of $277.7 million, or 88 cents per share, last year. Sales in the quarter fell to $3.12 billion, down -35% from $4.8 billion in 2006. Despite the loss, results still beat Wall Street estimates, as analysts had predicted a loss of -66 cents per share on sales of $2.9 billion. Shares of D.R. Horton closed up 2.5% on the day.

By the BullMarket.com Staff

Labels: DHI, DR Horton Inc., FRE, HPQ, TGT

The Dow closed down 218 points and the Nasdaq fell 43 points on Monday. Finerman sees storm clouds are everywhere and the Goldman downgrade of Citigroup (C) really hurt the markets. Najarian had a fun day trading. He also thinks the financial sector is in big trouble and he is extremely worried about General Motors (GM) which fell below $27.
Louise Yamada, a highly ranked technician on Wall Street, joined the show to discuss her analysis on the technicals of the market. She is currently worried that the S&P 500 could break 1406, which would signal to her an end of the longer-term uptrend. Yamada is still bullish on Cisco Systems (CSCO) and she would look to buy pullbacks on the name. She looked at the chart on Broadcom (BRCM) calling it a sell because it hasn't followed through after a false break-out. The chart on Coca-Cola (KO) is initiating an uptrend according to Yamada, so she would be a buyer of KO. Bed Bath and Beyond (BBBY) should be sold.
Retail
Nordstrom (JWN) reported a 22% rise in third-quarter profits helped by an extra week of sales.
Sears Holdings (SHLD) disclosed it has taken a 13.7% stake in Restoration Hardware (RSTO) and the possibility of proposing an acquisition.
Target (TGT) is set to report earnings Tuesday before the opening bell.
Hewlett-Packard (HPQ) clocked a 28% jump in profits off of strong notebook sales.
Medtronic (MDT) reported a 2% decline in profits, but the stock trades 3% higher after hours.
Lowe's (LOW) dropped 7% after reporting a 10% decline in profits due to the weak housing market.
Celgene (CELG) bought Pharmion (PHRM) for $2.9 billion. Adami thinks that Phizer must make a similar acquisition.
EchoStar (DISH) shares exploded higher Monday after Citigroup said there was a 65% chance that AT&T (T) will buy DISH.
Ultimate Fighting is now the fasting growing spectator sport in the United States. Macke says look for growth in cable companies and satellite companies like Viacom (VIA) and EchoStar. He also thinks makers of energy drinks like Coca-Cola will benefit. He said avoid the World Wrestling Entertainment (WWE) because the UFC is taking share. Lastly, Macke speculated that Anheuser-Busch (BUD) could be near a beverage deal with the UFC.
Pops & Drops
Pops - Xerox (XRX) traded up 2%.
Intercontinental Exchange traded up 3%
VeriSign (VRSN) traded up 2%.
Drops - E*TRADE (ETFC) fell 13% even with speculation of a takeover by Ameritrade (AMTD)
Wynn Resorts (WYNN) fell 7%
Genesco (GCO) plunged 24%.
Disney (DIS) fell 4%
General Motors (GM) fell 8% after the automaker announced plans for year-end discounts to clear out inventory.
Dillard's (DDS) fell 5%.
Tween Brands (TWB) fell 13%
Final Trade
Macke would purchase Dicks Sporting Goods (DKS) and Target on any selloff Tuesday
Najarian advises buying EchoStar (DISH) on a pullback under $44.
Finerman is long Goldman Sachs Group (GS) and short Lehman Brothers Holdings (LEH).
Adami recommends Vodafone Group (VOD) for a play on China.

Labels: BBBY, BRCM, CELG, Citigroup Inc., CNBC, CNBC's Fast Money, CSCO, DISH, Dow Jones, Fast Money Recap, GM, HPQ, JWN, KO, LOW, MDT, Nasdaq, PHRM, SHLD, TGT

HP (NYSE:HPQ - News) today announced financial results for its fourth fiscal quarter ended Oct. 31, 2007, with net revenue of $28.3 billion, up 15% from a year earlier and up 11% when adjusted for the effects of currency.
In the fourth quarter, GAAP operating profit was $2.6 billion and GAAP diluted earnings per share (EPS) was $0.81, up from $0.60 in the prior-year period. Non-GAAP operating profit was $2.8 billion, with non-GAAP diluted EPS of $0.86 up from $0.68 in the prior-year period. Non-GAAP financial information excludes $132 million of adjustments on an after-tax basis, or $0.05 per diluted share, related primarily to amortization of purchased intangibles. GAAP and non-GAAP financial information include all stock-based compensation expense in both current and prior-year periods.
“Strong performance across our businesses was highlighted by sharp improvement in our software segment,” said Mark Hurd, HP chairman and chief executive officer. “We have added over $12 billion of new revenue this year. While we still have more work to do, HP is well positioned to make further progress in the marketplace.”

Labels: Hewlett-Packard Co., HPQ

Erin Burnett began Friday's show talking with Paul Hickey about market correction. He said it is beginning to show signs of improvement. Earnings season is winding down, and the performance is usually around 3%. Market returns usually about 5x greater than in the off season. He talked about Cisco being an international company and they are doing pretty well.
Be Like Buffet: Erin then talked with Gerald Martin about Warren Buffet and his trading techniques. They did a study with Berkshire, which ended up beating the S&P averages. Buffet's Berkshire outperformed the market 28 of the last 31 years. Over 75% of Buffet's portfolio earnings are within 5 stocks. Erin recommended buffetwatch.cnbc.com as a reference point.
Erin came back discussing China's booming market, especially in the chemical sector. Frank Mitsch said that he does not believe China will be self-sufficient in chemicals any time soon. He believes less than 5% of demand in China is a result of the Olympics. Arch Chemicals will show large growth.
William Chiles: Bristow Group CEO was on the show. Bristow operates more than 500 helicopters that transport crews to oil rigs to 22 countries all over the world. He recently ordered 7 new Sikorsky helicopters for $100M. Their fastest growing areas are Southeast Asia and West Africa. Looking at the arctic, east Africa, and South America. Crude oil was at $94.85.
The Bond Report: Santelli discussed credit markets and their current rates. They have had the lowest yield closes in 32 months. Demand for treasuries is distorting the drop in rates.
Abu Dhabi announced an 8% stake in AMD, worth more than half a billion dollars. Should the US be worried? Alan Tonelson thinks it's a problem, because we don't have a good fix about international politics of Persian golf countries. Risk of AMD chips ending up in hands of rogue scientists. Todd Malan disagrees and thinks it's the same as buying stock in the open market. Some of these chips are involved in weapon design so burden of proof becomes an issue. US is exporting healthcare to Abu Dhabi. Dr. Cosgrove talked about Cleveland Clinic being involved in the first US hospital to go up in Abu Dhabi. It is a 15 year project attempting to keep people in UAE for healthcare. The doctors are only on one-year contracts with no tenure. It is a contract which does not put CC at risk. He said that healthcare is one of our top exports.
Stop Trading with Jim Cramer: Cramer discussed his retail trades. He said distinguish between companies with inventory and discounted inventory. JCPennys configured wrong. Cramer said Kohl's is a premium retailer that has done well. He said it will go to $60. Avon is at a 52-week high. Cramer said it is going up $3. Hewlett-Packard (HPQ) is a strong, very cheap stock. He said its upgrade is right on. His middle-east plays were Halliburton (HAL), which is one of his stocks of the year.
The Real "Friday Night Lights." Talked about high school football in Texas and the NBC TV drama. They discussed the huge demand for the season tickets and the price people are willing to pay for them. The "Dragons" have lost only 2 games in 6 years and draw in crowds of more than 11,000. Their playoff game will be played at the Dallas Cowboys stadium.
Erin finished the show talking about the booming middle-eastern market. She said 80% of the fortune 500 companies have involvement in Dubai.

Labels: AMD, Bristow Group, CNBC, CNBC's Stop Trading, Erin Burnett, HPQ, Jim Cramer, Santelli, Street Signs, street signs recap, Warren Buffet

The Dow finished 66 points into positive territory and the Nasdaq closed up 18 points. The technology sector and retail industry is getting a lot of attention as the holiday season is fast approaching. Technology stocks rebounded Friday after the worst week for the Nasdaq since April 2002. Najarian said this week was not that bad for technology. He highlighted Apple (AAPL), which started the week at $165 and finished the week at $165. Cisco Systems and Oracle (ORCL) both enjoyed a great week as well. Najarian suggested that as soon as Research in Motion (RIMM) hits China the stock will make a huge move.
Jim Goldman joined the show crew to discuss his take on Google entering the wireless space. Goldman says Google (GOOG) is going to make a play for the 700mhz spectrum being auctioned off by the FCC in January. Goldman speculates that this network could be worth $4.5 billion.
Henry Blodget caused speculation on Friday after posting on his blog that Microsoft (MSFT) should buy Yahoo! (YHOO) to gain market share in internet search. Finerman doesn't think the idea is outrageous. Macke also feels that Microsoft has plenty of cash to make the deal.
Hewlett-Packard (HPQ) and GameStop (GME) will report earnings next week. Adami loves Hewlett-Packard, but he is worried that expectations might be too high. The rest of the crew more or less agreed.
Najarian says look at the strong stock performance in companies that sell merchandise at Dick's Sporting Goods (DKS) like Under Armour (UA), Crocs (CROX), Nike (NKE) and Calloway (ELY). Macke agrees and said he would buy Dick's right now.
Wal-Mart (WMT) shines among a weak retail sector after posting a solid quarterly report.
FedEx's (FDX) lowered full-year outlook may be predicting an economic slowdown. Macke says FedEx is a legitimate economic indicator especially for the health of the consumer.
Consumer staples like Coca-Cola (KO), Altria (MO), Colgate (CL) and Procter & Gamble (PG) continue to show strength in a weak market. Adami favors Unilever (UL) at its 52-week high and is cheaper then Procter on valuation. Najarian likes Johnson & Johnson (JNJ) which Warren Buffett owns and Merck (MRK).
Crude oil closed at $95 as traders make another attempt at $100. Adami thinks crude is toppy, but Tesoro (TSO) is worth looking at in the mid-$50's. Najarian would prefer a solar stock play.
Pops & Drops
Pops - Cisco (CSCO) traded up 5% this week after announcing a $10 billion stock buyback.
Advanced Micro Devices (AMD) traded up 2% after the Abu Dhabi government took an 8.1% stake worth $622 million.
Lehman Brothers Holdings (LEH) traded up 7%.
Delta Airlines (DAL) traded up 21% after speculation that a merger with United Airlines (UAUA) could occur.
Corning (GLW) traded up 10% after raising their profit forecast for the fourth-quarter.
Garmin (GRMN) traded up 14%
Sotheby's (BID) traded up 16% after selling $316 million in contemporary art on Wednesday.
Crocs (CROX) traded up 10%
Final Trade
Macke feels positive about Dick's Sporting Goods (DKS).
Adami recommends Lazard (LAZ) for an M&A play.
Finerman would short Hovnanian Enterprises (HOV) because of its high debt levels.
Najarian favors DaVita (DVA)

Labels: AAPL, CNBC, CNBC's Fast Money, DKS, Fast Money Recap, GME, GOOG, HPQ, MSFT, ORCL, RIMM, YHOO

Here are 7 stocks for traders for Monday from TradingMarkets.com:
Campbell's Soup (NYSE:CPB - News) reports earnings on Monday morning before the bell, with analysts looking for $0.71 EPS. CPB's PowerRating (for Traders) is 5.
When Lowe's (NYSE:LOW - News) announces earnings on Monday, be watching for $0.41 EPS. LOW's PowerRating (for Traders) is 4.
Valspar (NYSE:VAL - News) is set to report $0.40 EPS on Monday morning. VAL's PowerRating (for Traders) is 4.
Tween Brands (NYSE:TWB - News) should announce $0.46 EPS before the bell rings on Monday. TWB's PowerRating (for Traders) is 4.
Hewlett-Packard (NYSE:HPQ - News), Medtronic (NYSE:MDT - News) and Nordstrom (NYSE:JWN - News) all report earnings after the close on Monday, so watch for heightened volatility ahead of the bell. HPQ's PowerRating (for Traders) is 5, and MDT's PowerRating (for Traders) is 5 and JWN's PowerRating (for Traders) is 4.

Labels: CPB, Hot Stocks, HPQ, JWN, LOW, MDT, TWB, VAL

Cramer began Wednesday's show talking about Wal-Mart's (WMT) good quarter and investment ideas from its conference call. Cramer remarked how well GameStop will do during the holidays and how other consumer electronics will continue to be strong. Cramer disagrees on digital cameras because they're made in China making them hard to buy right now. He does not like Garmin (GRMN) either. In computers, Cramer supports Hewlett-Packard (HPQ), which Wal-Mart is not a big carrier of. They do sell Dell but Cramer prefers HP. He mentioned Activision as a possible investment for video games, but prefers GameStop.
TV's: Cramer considered Corning (GLW), who are involved in liquid crystal display televisions. It is not trading as high as it should be, but has a raised outlook in pricing. It has bendable fiber not priced in the stock and is heading much higher.
Am I Diversified?
The first caller had Sirius Satellite Radio (SIRI), Ford (F), AT&T (T), McDonald's (MCD) and Human Genome Sciences (HGSI). Cramer called HGSI too speculative and said he'd rather see the caller in a stock like Celgene (CELG) instead.
Another caller held Daimler (DAI), Coca-Cola (KO), Google (GOOG), Celgene and CVRD (RIO). Cramer blessed the portfolio.
The final caller asked if he was diversified with Apple (AAPL), Occidental Petroleum (OXY), MetLife (MET), Cisco (CSCO) and Yum! Brands (YUM). Cramer suggested the caller swap out of MetLife and into Prudential (PRU).
Tetra Tech (TTEK) CEO Dan Batrack joined Cramer on the show, where he said his company beat fourth-quarter expectations due to increased margins. He said they had a great performance on earnings.

Labels: CELG, GLW, GRMN, HGSI, HPQ, Jim Cramer, Mad Money, Mad MOney Recap, MCD, SIRI, WMT

Erin Burnett hosted. Melissa Lee of CNBC says the financial and tech sectors are down for the third day in a row. IBM and Hewlett Packard are among the top losses. Jeff Auxier, of Auxier Focus Inv. says volatility is normal an healthy because it takes out investors' egos. He says it is a great time to invest if you can be patient. Zimmer Holdings and Telef de Mexico are his top picks for the day. Next, David Malpass of Bear Sterns comments on the drowning dollar. He says the rest of the world is getting richer much quicker than our economy is growing right now. He says we have a small business economy with growth based in innovation, and with time we can improve our weak dollar situation. UPS is set to raise shipping rates by 5% by the beginning of 2008. Julia Boorstin of CNBC reports on the Writers Guild of America Strike on day 5. She says there is an upside for investors in the way of movie rentals and DVD mail order such as NetFlix. The logic behind this is the lack of new content and material for daily television, resulting in a consumer increase in theatre and rental establishments. Next topic was the growing oil prices. Crude Oil, at $96/barrel has obviously been a main concern of many consumers and investors. Bruno Stanziale of Bank of America says that ultimately, it is not possible that we will hit $100 a barrel before 2008. He says the oil prices are due to a lack of demand, as well as a change in market participation. Next, NovaGold of Alaska, announces deal with Barrick Gold to begin Donlin Creek Project. They will be working on projects in Alaska and Western Canada. They will mine gold copper and silver, and jointly owns or partnerships with Rio Tinto and Barrick Gold. Stop trading with Jim Cramer was next. ShawGroup (SGR), Foster Wheeler (FWLT), First Solar (FSLR), and MEMC Electronics (WFR) are his picks for the day.

Labels: CNBC, Crude Oil, Erin Burnett, FSLR, FWLT, HPQ, IBM, SGR, WFR

Crude Oil: Crude oil declined 3% today as investors now fear that the global growth story might be in jeopardy. Finerman said that if you feel the US economy is going to slow down, then demand for oil will also drop. She would look to short the United States Oil Fund (USO). Adami said that shorting Exxon Mobil (XOM) ahead of earnings is a gutsy trade that could pay off big. Dylan Ratigan mentions one more way to short oil is to buy the UltraShort Oil & Gas ProShares (DUG).
Technology: Adami liked hearing that Dell (DELL) is announcing a big buyback, while the stock is at a 52 week high. Najarian says this plays well for Dell, as well as Apple (AAPL), Hewlett-Packard (HPQ) and Microsoft (MSFT). The Wall Street Journal reported that Verizon (VZ) and Google (GOOG) are discussing a mobile phone partnership.
Video Games: International Game Technology (IGT) and Electronic Arts (ERTS) are both set to report earnings this week. Macke thinks the trade is to buy Activison (ATVI), Nintendo (NTDOY) and Microsoft. Najarian noted monster options activity in the November $17.50 calls for Take-Two Interactive (TTWO). The action makes him think that TTWO is set to move higher.
Word on the Street
Procter & Gamble (PG) reports a 14% rise in profits but disappoints Wall Street on its full-year outlook. Najarian favors Colgate-Palmolive (CL) overseas.
Merrill Lynch (MER) drops after former CEO Stan O'Neal leaves. Finerman doubts the CO-CEO arrangement will work. Adami continues to like Raymond James (RJF).
Wynn Resorts (WYNN) fell in after-hours trading. Najarian would look to buy the stock on selloff. Adami would rather be long Las Vegas Sands (LVS) and Boyd Gaming (BYD).
Under Armour (UA) trades up 7% on strong earnings.
Masco also traded up 4% on strong earnings.
Pops & Drops
Pops - Goodyear Tire (GT) traded up 8%.
Colgate-Palmolive (CL) traded up 1%
Avon Products (AVP) traded up 4% on strong profits from emerging market strength. Finerman favors Estee Lauder (EL).
Sohu.com (SOHU) traded up 8% on a 47% rise in profits.
Yum! Brands (YUM) traded up 3% on no news.
AGCO (AG) popped 9%
Sepracor (SEPR) exploded up 16%
Drops- US Steel (X) fell 7% after reporting a 35% drop in profits.
WellCare Health Plans (WCG) plunged 33%
Sirius Satellite Radio (SIRI) dropped 9%
Final Trade
Macke suggests buying the pullback in Yahoo! (YHOO). He currently owns YHOO.
Adami recommends Dell.
Finerman says buy Cadbury Schweppes (CSG) for a Halloween candy trade.
Najarian favors Dick's Sporting Goods (DKS).

Labels: AAPL, ATVI, CNBC, Crude Oil, DELL, Fast Money, Fast Money Recap, GOOG, HPQ, MSFT, USO, VZ, XOM

Technology
Najarian noted that Hewlett- Packard (HPQ) hit a 52-week high Monday and Research In Motion (RIMM), IBM (IBM) and VMware (VMW) all traded higher. Stacey Gilbert of Susquehanna Financial Group prefers Google (GOOG) whose call options are very active on the name. Najarian agreed and mentioned the Google December $750 calls were active on Monday. Other option notes: Najarian noticed some very unusual options activity in TJX Companies (TJX) on Monday, seeing 10,000 October $30 calls trade and also stepped-up activity in the November $30 calls. Macke predicts a big winner with TJX.
Keith O'Malley, a trader with Hold Brothers, came on the show to discuss his trading ideas. He declares that the Fed is done cutting interest rates. He likes Cisco Systems (CSCO) and Fluor Corp (FLR).
CEO's
Gasparino joined the show again to discuss his thoughts on CEOs who could lose their jobs. Gasparino gave out odds for how likely Chuck Prince, Jimmy Cayne and Stan O'Neal will lose their jobs. Prince is CEO of Citigroup (C), Cayne runs Bear Stearns (BSC) and O'Neal heads up Merrill Lynch (MER). He gave Prince 2-1 odds, Cayne 6-1 and O'Neal 10-1. Gasparino also said that John Thain, CEO of NYSE Euronext (NYX), is a candidate for CEO of Citigroup. CEO of Sprint Nextel (S) Gary Forsee has left the telecommunications firm. Sprint is a takeover stock with Chinese companies being possible buyers.
Word on the Street
Yum! Brands (YUM) traded higher Monday. Macke: 41% of sales came from China and recommends investors to buy the stock here.
Aeropostale (ARO) traded lower. You can sell retailers ahead of the numbers, according to Macke.
CTC Media (CTCM), Central European Media (CETV) and Cemex (CX). Seymour found these value names in the emerging markets. Seymour is committed and long CX.
Alcoa (AA): scheduled to report earnings Tuesday after the bell. Gilbert sees better plays in the titanium makers like RTI International (RTI) and Titanium Metals (TIE). Gilbert owns TIE.
China
The Shanghai Index has gone up a whopping 300% in the past 5 years. The Communist party will try to control the rise in food prices and make comments on the income gap between the wealthy and poor in the region. Seymour suggests buying dips in the iShares FTSE/Xinhua China 25 Index (FXI) on any negative headlines.
Pops & Drops
Pops- Research In Motion (RIMM) traded up 4%. Has more room to go higher.
Valero (VLO) traded up 4% after Citigroup upgraded the stock. Seymour: A sell into the upgrade.
AK Steel (AKS) popped 11% after settling a lawsuit.
Apple (AAPL) traded up 4%. Macke: buy some stock of the iPhone maker.
China Digital TV (STV) exploded higher by 41%.

Drops- Ryder Systems (R) fell 7% after missing profit estimates.
Freeport McMoRan (FCX) dropped 2% as copper prices fell on Monday.
LDK Solar (LDK) plummeted 26% after Barron’s ran a negative story on the Chinese solar play.
Final Trade
Macke: recommends McDonald's (MCD)
Gilbert: feels positive about Titanium Metals (TIE).
Seymour: sell Banco Itau (ITU).
Najarian: likes ValueClick (VCLK).

Labels: CNBC, CSCO, Fast Money, Fast Money Recap, FLR, GOOG, HPQ, IBM, RIMM, TJX, VMW

Technology
Technology stocks continued to shine with big moves this week out of Apple (AAPL), Google (GOOG) and Research In Motion (RIMM). Finerman said her favorite is Microsoft (MSFT) and she has a bullish options trade on the stock in her hedge fund. Najarian points out the strength in gadget makers with RIMM as an example. He also favors Nokia (NOK), Apple, Hewlett-Packard (HPQ) and Dell (DELL). Videogame makers Activision (ATVI), Electronic Arts (ERTS) and Nintendo (NTDOY) all had strong weeks as well. Macke: has not sold a single share of ATVI yet and advises other investors to get long all the videogame makers mentioned.
Blackstone (BX) traded up 15% as investors sense deal making is back. Najarian agrees that deals are getting done and is bullish on the exchange stocks. He bought Nasdaq (NDAQ) on Friday. Finerman agrees with NDAQ.
China
Despite the Chinese stock market being closed; the iShares FTSE/Xinhua China 25 Index (FXI) and the IShares MSCI Hong Kong Index Fund (EWH) closed the week in the green. China Finance Online (JRJC) was up 20% on the week and KongZhong (KONG) was up 15%.
Consumer Products
This week some interesting earnings reports are expected from Pepsi (PEP), Yum! Brands (YUM), Costco (COST) and GE (GE). Macke: likes Pepsi for a play on the weak dollar and China exposure, but less than enthused about Costco. Finerman favors Yum Brands for its china exposure and strong brands.
Luxury Stocks
CNBC's Margaret Brennan joined the crew to discuss luxury stocks. She said that companies such as Gucci (GUCG) and LVMH (LVMUY) are recession proof. She feels that brands like Tiffany (TIF) and Coach(COH) could have more problems if we see a drop in bonuses.
Options Activity
Najarian noticed unusual options activity in ValueClick (VCLK) with the $22 and $25 call options. Market rumors are swirling that ValueClick could be a takeover target. He also mentioned he took a position in ValueClick two weeks ago. Another stock that he saw with unusual options activity was McAfee (MFE).
Pops & Drops
Pops- Google (GOOG) traded up 5%.
Home Depot (HD) traded up 5%. Finerman is long HD.
TIVO (TIVO) exploded up 17%. Macke still prefers DISH over TIVO.
Vimpel-Communications (VIP) popped 7% after winning a shareholder lawsuit.
Drops- Walgreen (WAG) dropped 17% after missing Wall Street profit targets. Macke says get out.
USEC (USU) fell 15% after the U.S. Energy Department declined its $9.5 billion bid to restore uranium plants.
Sealy (ZZ) plunged 8% after profits fell for the mattress maker.
Quicker than the Ticker
Finerman: Centex (CTX) She was right and the stock went up 7% since her call.
Macke: Electronic Arts and Activision. Macke was a winner as both stocks went up significantly from his call.
Seymour iShares MSCI Brazil Index (EWZ): flying up 20% since his call.
Najarian: Manitowoc (MTW): soaring 21% since his recommendation.
Fast Fire
Past picks that didn't do so well.
Last Thursday, Macke made bullish comments on Yahoo! (YHOO) and Palm (PALM). Macke missed the mark as Palm fell 5% since his call…but maintains that Palm is a solid long term play.
Najarian said he liked Wynn Resorts (WYNN) better than Las Vegas Sands (LVS). Wynn fell 8% the next day.
Finerman told investors to sell Skechers (SKX). Since her advice, Skechers has soared 16%.

Labels: AAPL, ATVI, CNBC, DELL, Fast Money, Fast Money Recap, FXI, GOOG, HPQ, MSFT, NDAQ, RIMM

Bullish:
VMware (VMW)- Cramer thinks you should take half off the table
KB Home (KBH)- Cramer would rather own the senior debt than the common shares.
Hewlett-Packard (HPQ)
Xoma (XOMA)- Buy at $3 and sell it at $5.
Texas Instruments (TXN)- thinks it goes to $40.
Apple (AAPL)- Buy instead of microsoft
Nastech Pharmaceutical (NSTK).

Bearish:
Microsoft (MSFT)- it can't gather momentum no matter what it does
Dell (DELL)- Hewlett-Packard is better
Occidental Petroleum (OXY)- take some of your profits out of the stock.
Isis Pharmaceuticals (ISIS).

Labels: AAPL, HPQ, Jim Cramer, KBH, Lightning Round, Mad Money Lightning Round, NSTK, TXN, VMW, XOMA

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).