Jim Cramer Blog

Corning (NYSE: GLW - News): ' ... you want fiber... if you want voice, video... you have to go with Corning ... they're talking about the venerable fiber that Verizon is going to be using from GLW to snake in and out of apartments...'Microsoft (NasdaqGS: MSFT - News)Oracle (NasdaqGS: ORCL - News)Campbell Soup (NYSE: CPB - News): 'If anybody is possible to get a takeover bid, then CPB could do it. On the fundamentals, it's okay.'Invitrogen (NasdaqGS: IVGN - News): 'A very hot stock. Nucleic acids, enzymes. It does some pretty cool stuff...'Nastech Pharmaceutical (NasdaqGM: NSTK - News): 'I took a lot of heat from the shorts, telling me that I was dead wrong... and they're wrong. NSTK is your speculative play. It has obesity. It has autism. It's got the special nasal way to get delivery for these things... It's got diabetes.'Schlumberger (NYSE: SLB - News): ' ... when they put Schlumberger on sale... when they make SLB 17x earnings, I'm going to send you to best of breed. That's my predilection.'Cameron International (NYSE: CAM - News): 'This stock was down 4. I like it.'Expeditors International (NasdaqGS: EXPD - News): 'It hit a 52-week high today. People always think about freight. They should be worried about logistics and freight. That's what EXPD does.'Allegheny Tech (NYSE: ATI - News): 'I need you to be in ATI under $100.'Progressive (NYSE: PGR - News): 'They're buying these high-quality pieces of paper that are yielding great. The earnings are going to explode for PGR!'Prudential Financial (NYSE: PRU - News)MetLife (NYSE: MET - News)AllState (NYSE: ALL - News)Bearish calls:Synopsys (NasdaqGS: SNPS - News): 'Look, it's tech, so my bias is to like it but, if I'm going to be in software, I want to go into the biggest possible names, with the best balance sheets.'CommScope (NYSE: CTV - News)Southern Copper (NYSE: PCU - News): '... $90 before I would buy it, and the reason why is the holders are so bad... But this one has a 6% dividend. When it gets down to my level ... that's your chance to pull the trigger.'Coach (NYSE: COH - News):'COH has come down a lot, but I want to be careful. I'm not going to pull the trigger.'Family Dollar (NYSE: FDO - News): 'The FDO numbers were so bad that I'm making a prediction right here, right now, that Dollar General will be the first private equity deal to go bust.'Tribune (NYSE: TRB - News)Titanium Metals (NYSE: TIE - News): 'I don't want you messing with TIE.'
Published by SeekingAlpha

Labels: ALL, ATI, CAM, CPB, EXPD, GLW, IVGN, Jim Cramer, Lightning Round, MET, MSFT, NSTK, ORCL, PGR, PRU, SLB

Here are 7 trading ideas for today. These lists come directly from the TradingMarkets Stock Indicators page and are based upon our latest quantitative research.
Bullish
Gaps Down 5% or More: These are stocks that gap down by 5% or more and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that gap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Tempur-Pedic (NYSE:TPX - News). TPX's PowerRating is 5.
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.
Invitrogen (NasdaqGS:IVGN - News). IVGN's PowerRating 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.
Procter & Gamble (NYSE:PG - News). PG's PowerRating is 6.
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.
Esterline (NYSE:ESL - News) . ESL's PowerRating is 7.
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.
Intercontinental Exchange (NYSE:ICE - News) & Volt Info Sciences (NYSE:VOL - News). ICE's PowerRating is 7, and VOL's PowerRating is 9.
Bearish
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.
International Asset Holdings (NasdaqCM:IAAC - News). IAAC's PowerRating is 2.
PowerRatings are courtesy of PowerRatings.net

Labels: ESL, Hot Stocks, IAAC, ICE, IVGN, PG, TPX, VOL

General Growth Properties (NYSE:GGP - News) was upgraded to neutral from reduce at UBS.
Genzyme Corp. (NasdaqGS:GENZ - News) reported a fourth-quarter loss of $268.2 million, or $1.02 a share, down from earnings of $106.6 million, or 39 cents a share, in the year-ago period. Excluding items, most notably a charge related to its acquisition of AnorMed, the company posted non-GAAP (generally accepted accounting principles) earnings of $209 million, or 77 cents a share, for the fourth quarter. Revenue rose 17% in the latest three months to $854.2 million from $728.7 million in the same period a year earlier. The average estimate of analysts polled by Thomson First Call was for a profit of 75 cents a share in the December period. Looking ahead, Genzyme forecast earnings of $1.90 to $2 per share for 2007. The company expects a non-GAAP profit of $3.05 to $3.15 a share for the year. It sees revenue of $3.6 billion to $3.8 billion for 2007. In the first quarter, the Cambridge, Mass., biotechnology company anticipates non-GAAP earnings in the low 70 cents range. Wall Street's current consensus estimates are for earnings of 73 cents a share in the March quarter and $3.17 a share for fiscal 2007.
Hanger Orthopedic Group (NYSE:HGR - News) posted fourth-quarter earnings of $4.9 million, or 17 cents a share, as sales rose 3.2% to $153.9 million. The performance was in line with Wall Street's consensus profit estimate.
Invitrogen (NasdaqGS:IVGN - News) posted quarterly results that beat Wall Street's expectations and agreed to sell its BioReliance Corp. unit, which provides biological safety testing, to Avista Capital Partners, a private equity firm, for $210 million.
Jarden Corp. (NYSE:JAH - News)reported fourth-quarter earnings of 52 cents a share, up from 4 cents in the year-earlier period. The Rye, N.Y., consumer-products company posted adjusted profit of 80 cents a share, up from 51 cents. Sales rose 9% to $1.1 billion. The average estimate of analysts polled by Thomson Financial was profit of 73 cents a share.
Journal Communications Inc. (NYSE:JRN - News) said its fourth-quarter net profit rose 39.9% to $23.4 million, or 33 cents a share, from $16.7 million, or 23 cents a share a year ago. The media company, which has operations in publishing, radio and television, said total revenue for the quarter rose 15.3% to $186.6 million, driven by strong growth at its broadcasting division after acquiring three television stations in December 2005. The firm also benefited from an extra week in the fourth quarter compared to a year ago. For the first quarter, the company said it expects publishing revenue to fall, reflecting continued challenges in automotive advertising.
Knight Capital Group (NasdaqGS:NITE - News) said January average daily dollar value traded fell 9.2% to $9.06 billion, from $9.97 billion in the year-ago period. However, January came in 17.3% ahead of December's average daily dollar value of $7.72 billion. Average daily U.S. equity trade volume in January 2007 was 1.1 million, up 1.1% from 1 million in the year-ago period and up 11.2% from 953,000 in December.
Kreisler Manufacturing (NasdaqCM:KRSL - News) shares surged after the Elmwood Park, N.J.-based maker of metal components and assemblies reported fiscal second-quarter net earnings of $607,000, or 33 cents a share, up from $289,794, or 16 cents a share last year. Revenue rose to $6.02 million from $4.43 million.
Macrovision Corp. (NasdaqGS:MVSN - News)reported fourth-quarter earnings of 31 cents a share compared with 9 cents a share, in the year-earlier period. Excluding equity-based compensation charges and other items, the Santa Clara, Calif., software concern earned 43 cents vs. 36 cents. Revenue rose 22% to $74.1 million. Analysts polled by Thomson Financial had expected earnings of 42 cents on revenue of $73 million. The company also said the U.S. Attorney's Office withdrew its subpoena related to Macrovision's stock-option review.
MGM Mirage (NYSE:MGM - News) said fourth-quarter earnings more than doubled, boosted by a 13% increase in gaming revenue, an 8% increase in hotel revenue, its share of profits from the sale of Tower 2 condominium units at The Signature at MGM Grand and pretax income of $86 million from Hurricane Katrina insurance recoveries. The Las Vegas entertainment, hotel and gaming company had fourth-quarter earnings of $201.6 million, or 69 cents a share, compared with $97.8 million, or 33 cents a share, a year earlier. MGM Mirage said revenue for the quarter ended Dec. 31, 2006, rose 11% to $2.02 billion from $1.82 billion a year ago. Analysts surveyed by Thomson Financial expected, on average, earnings of 48 cents a share on revenue of $1.81 billion. Analyst earnings forecasts typically exclude unusual items.
Molina Healthcare Inc. (NYSE:MOH - News) fourth-quarter net income rose to 41 cents a share from 38 cents in the year-earlier period. Analysts polled by Thomson Financial had expected 41 cents. The managed care company's revenue increased to $549.5 million from $423.2 million; Wall Street was looking for $541 million. Molina backed its view for fiscal 2007 earnings per share of $1.75 to $1.90.
New York Times Co. (NYSE:NYT - News) and Monster Worldwide Inc. (NasdaqGS:MNST - News) formed a strategic alliance for help-wanted advertising. Under the agreement, 19 of the publishing company's Web sites, including The New York Times, The Boston Globe, the Worcester Telegram & Gazette and newspapers throughout the Southeast and California, will co-brand online recruitment advertising Web sites with Monster.
P.F. Chang's China Bistro (NasdaqGS:PFCB - News)reported fourth-quarter earnings per share were flat at 34 cents a share. Revenue rose to $252 million from $213.8 million. The latest results reflect $1.5 million in equity-based compensation expense and $400,000 in additional pre-opening expenses. The average estimate of analysts polled by Thomson Financial was profit of 26 cents a share. Looking ahead, the Scottsdale, Ariz., restaurant operator sees earnings of $1.45 a share in fiscal 2007 with revenue increasing 19% to $1.1 billion. Wall Street's current consensus estimate is profit of $1.38 per share in 2007.
Sigma-Aldrich (NasdaqGS:SIAL - News) fourth-quarter profit rose to 53 cents a share from 42 cents in the year-earlier period. The chemicals maker's sales rose 13% to $464.5 million. Analysts polled by Thomson Financial had forecast earnings of 47 cents on revenue of $449 million. The St. Louis company expects to earn $2.15 to $2.25 a share this year.
SPSS Inc. (NasdaqGS:SPSS - News) reported fourth-quarter net income dropped 66% to $2 million, or 10 cents a share, from $5.89 million, or 30 cents a share, a year earlier. The Chicago company said the latest quarter included a non-cash charge of $6.9 million related to an income tax expense, which cut earnings by 33 cents a share. On average, analysts polled by Thomson Financial expected earnings of 34 cents a share. Analyst estimates typically exclude unusual items. Total net revenue jumped 14% to $71.1 million from $62.2 million a year ago, driven by increased sales across all product lines and major geographical regions. SPSS's operating income rose 36% to $11.7 million from $8.6 million a year ago. Looking ahead, SPSS expects first-quarter revenue of $68 million and $70 million, and earnings of 23 cents to 27 cents a share, excluding 6 cents a share for stock-based compensation. For 2007, the company expects revenue of $285 million to $295 million, and earnings of $1.20 to $1.30 a share, excluding 26 cents a share for stock-based compensation expense.
Total (NYSE:TOT - News) fourth-quarter adjusted net income declined 10% to 2.74 billion euros ($3.6 billion), or 1.20 euros a share. Sales slipped 6% to 36.4 billion euros after hydrocarbon production declined 2.5% in the quarter to 2.4 million barrels of oil equivalent a day. The output decline followed governments taking a bigger share of production plus asset divestments and security-related shutdowns in the Niger Delta. The French oil giant expects to raise hydrocarbon production by an average of more than 5% a year to 2010. Surplus cash flow will be used to buy back shares, Total said.
Unibanco (NYSE:UBB - News) said its 2006 net income rose 20.2% to 2.2 billion Brazilian reais ($1.04 billion). Operating income for the year rose 20.5% to 3.52 billion reais. Total assets reached 104 billion reais in December, up 13% from a year earlier. "Unibanco remains satisfied and confident with the ongoing results and the continuous improvement of its performance," the bank said in a statement.
Varian Semiconductor (NasdaqGS:VSEA - News) was upgraded to buy from neutral at UBS. The firm said it expects the company's share of the ion implant market to improve to around 48% from 39%. UBS said the decision by Applied Materials Inc. to cease future development of its beamline ion implant product will leave Varian as one of only two suppliers in the sector. As well as improved market share, Varian should also be able to benefit from better pricing in the sector as competition eases, UBS added.
Shares of Wolseley plc (NYSE:WOS - News) jumped following a report that Cinven is considering a 10 billion pound takeover offer for the building products company. The potential deal was reported in the CityAM newspaper, which cited unnamed sources.

Published By Michael Baron of MarketWatch

Labels: GENZ, GGP, HGR, IVGN, JAH, JRN, KRSL, MGM, MNST, MOH, MVSN, NITE, NYT, PFCB, SIAL, SPSS, TOT, UBB, VSEA, WOS

Friday offered a fistful of convenient scapegoats for investors in need of excuses to take some profits. The damage thus far is minimal, but it will be interesting to see if the current shift in negative sentiment takes hold for more than one or two sessions. Emphasis for Wall Street should continue to shift away from earnings reports and on to the issue of growth, interest rates and energy prices. It will be back to work for economic watchdogs, after a rather light calendar in the week prior. The first half will be light, but the G-7 Summit wrapped up this past weekend might add some volatility as traders digest comments made on foreign exchange policies. Wednesday’s retail sales figures will be watched by traders for any clues that consumer spending trends have changed. That day, however, testimony by Bernanke will undoubtedly take center stage. With a string of data points suggesting that the economy is back on track, investors will be looking to find any signals from the Fed Chief that point towards an interest rate hike. Whether clues from Bernanke are offered will be interesting to see. If disappointed, investors can turn towards a slug of data points on both Thursday and Friday. Readings on the pulse of the economy and price pressures that could impact rate policy will be delivered in force. One of the biggies will be Friday’s CPI data. Wall Street is expecting the core figure to come in at .2%. If the reading comes in higher than expected by just .1% to a level of .3%, it could be enough to sway the outlook on rates towards a tighter monetary policy. That being said, in conjunction with slowing earnings growth, price pressure on equities would likely result in a market long overdue for a period of correction.
Monday Economic: NA
Earnings: Administaff (ASF), Brush EM (BW), Ctrip.com (CTRIP), Cephalon (CEPH), Fording (FDG), iRobot (IRBT), YUM!Brands (YUM)
Tuesday Economic: Trade Balance (-59.5B)
Earnings: Anglogold (AU), Expeditors (EXPD), NASDAQ (NDAQ), Affiliated Computer (ACS), First Solar (FSLR), Invitrogen (IVGN), NVIDIA (NVDA), Watts (WTS), Weight Watchers (WTW), XTO Energy (XTO)
Wednesday Economic: Retail Sales / ex-auto (.3%, .3%), Weekly Crude, Business Inv (.4%)Earnings: Coca Cola (KO), Daktronics (DAKT), Deere (DE), Garmin (GRMN), Genzyme (GENZ), PF Changs (PFCB), Baidu (BIDU), Evergreen Solar (ESLR), Network App (NTAP), NutriSystem (NTRI)
ThursdayEconomic: Import / Export, Weekly Claims (310K), NY Empire (11), Ind Prod / Cap Util (0%, 81.7%), Philly Fed (5)
Earnings: Agilent (A), Biogen (BIIB), Hornbeck (HOS), Lifetime Fitness (LTM), Lufkin (LUFK), Olympic Steel (ZEUS), TradeStation (TRAD), aQuantive (AQNT), Bucyrus (BUCY), Chipotle (CMG), Hittite Micro (HITT)
FridayEconomic: Housing Starts / Bldg Permits (1.61M, 1.59M), PPI & Core (-.6%, .2%), Michigan (97)
Earnings: Campbell (CPB), Goodyear (GT), Hormel (HRL), OGE Energy (OGE)
Published By Optionetics.com

Labels: ACS, ASF, AU, BIIB, BW, CEPH, CMG, CTRIP, DAKT, EXPD, FDG, FSLR, GENZ, HRL, IRBT, IVGN, NDAQ, NTAP, TRAD, YUM

Here are 7 options to watch for today. This list comes directly from the TradingMarkets Options Indicators page. The list is created using OptionVue options analysis software.
Most Under Priced Calls: These are the most under priced calls of all stocks in our database. While the Equities Explosion List finds groups of calls for individual equities that are under priced, this list finds the most under priced individual calls. Thus, the options listed here will tend to be more severely under priced.
Veritas Jan 85 Calls (NYSE:VTS - News) . VTS' PowerRating is 5.
Most Under Priced Puts: These are the most under priced puts of all stocks in our database. While the Equities Explosion List finds groups of puts for individual equities that are under priced, this list finds the most under priced individual puts. Thus, the options listed here will tend to be more severely under priced.
Intuitive Surgical Jan 95 Puts (NASDAQ:ISRG - News). ISRG's PowerRating is 5.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. While the Equities Implosion List finds groups of calls for individual equities that are overpriced, this list finds the most overpriced individual calls. Thus, the options listed here will tend to be more severely overpriced.
Baidu.com Mar 140 Calls (NASDAQ:BIDU - News). BIDU's PowerRating is 5.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. While the Equities Implosion List finds groups of puts for individual equities that are overpriced, this list finds the most overpriced individual puts. Thus, the options listed here will tend to be more severely overpriced.
Sears Holdings Mar 155 Puts (NASDAQ:SHLD - News). SHLD's PowerRating is 6.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
Transocean Inc. (NYSE:RIG - News). RIG's PowerRating is 6.
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggestsan extraordinarily negative earnings report, or other news which may negatively affect the stock.
Invitrogen Corp. (NASDAQ:IVGN - News). IVGN's PowerRating is 4.
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
Varian Semiconductor Equipment Associates (NASDAQ:VSEA - News). VSEA's PowerRating is 6.
PowerRatings are courtesy of PowerRatings.net

Labels: BIDU, ISRG, IVGN, RIG, SHLD, stock options, VSEA, VTS

Here are 7 stocks to watch for today. This list comes directly from the TradingMarkets Stocks Indicators page.
Stocks Ready to Surge: These are the stocks that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals.
Dow Chemical (NYSE:DOW - News). DOW's PowerRating is 6.
Low-Priced Stocks Ready to Surge: These are the stocks under $10/share that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals. Please note: All stocks carry risk and low-priced stocks usually come with even more risk. Always use caution.
Antworth Mortgage (NYSE:ANH - News). ANH's PowerRating is 6.
Pullbacks from Highs: Most successful momentum-based traders and money managers like to buy strong stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 30 (in weak or choppy markets there will be fewer) of the strongest stocks that have pulled back from recent highs. These stocks should be considered potential candidates to resume their longer-term up trends.
KT Corp (NYSE:KTC - News). KTC's PowerRating is 7.
Long Windows Candidates: These are stocks which are in a strong uptrend, as determined by a proprietary trend filter and whose current bar has its high below the 4-day moving average. Historically, these stock on average have had a larger than normal short-term upside reversals. In order to qualify as a "Trading Window" candidate, we must have a 10-period ADX reading of 30 or higher and a +DI reading above the -DI reading. Or we must have a 14-period +DI of 30 or higher (with no ADX reading required). "Single Windows" are the most common type of Windows. They are simply a single bar which has its high of the day below the 4-period moving average.
International Flavors & Fragrances (NYSE:IFF - News). IFF's PowerRating is 6.
Stocks Ready to Drop: These are the stocks that today made new 10-day highs that are still in an downtrend as they are trading below their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term downside reversals.
Invitrogen (NYSE:IVGN - News). LFB's PowerRating is 5.
Pullbacks from Lows: Most successful momentum-based traders and money managers like to sell weak stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 20 (in strong or choppy markets there will be fewer) weak stocks that have pulled back from recent lows. These stocks should be considered potential candidates to resume their longer-term downtrends.
Walgreen (NYSE:WAG - News). WAG's PowerRating is 3.
Short Windows Candidates: These are stocks which are in a strong downtrend, as determined by a proprietary trend filter and whose current bar has its low above the 4-day moving average. Historically, these stock on average have had a larger than normal short-term downside reversals. In order to qualify as a "Trading Window" candidate, the 10-period ADX must be 30 or higher and the -DI must be greater than the +DI. Or we must have a 14-period -DI reading of above 30 (with no ADX reading required). "Single Windows" are the most common type of Windows. They are simply a single bar which has its low of the day above the 4-period moving average.
The Hershey Company (NYSE:HSY - News). HSY's PowerRating is 4.
PowerRatings are courtesy of PowerRatings.net

Labels: ANH, DOW, Hot Stocks, HSY, IFF, IVGN, KTC, WAG