Jim Cramer Blog

Level 3 Communications (NasdaqGS: LVLT): 'Oh c'mon. This is so right. I'm tired of hearing the naysayers. It's already coming back. I want to back up the truck, LVLT.'eBay (NasdaqGS: EBAY)Ionatron (NasdaqGM: IOTN): ' ... got a $500,000 contract on Monday. It propelled the stock, and now it's pulled back. I suspect more contracts are in the works, and I am sticking with this, but only as a spec!... 'Diageo (NYSE: DEO): 'It's up in a straight line. We've had a huge ride ... I think you wait until a pullback, before you back up the truck.'Jefferies Group (NYSE: JEF): 'There is a belief among many that JEF is for sale... Why am I skeptical? ... I think Handler's too young to jettison it. I see the option activity... It's an inexpensive stock. I'll recommend it on earnings. If you get a takeover.'Moog (MOG-A): 'MOGa is another company with great filtration. I like MOGa. I was actually preparing a segment on this, but I guess the cat's out of the bag!'Kinross Gold (NYSE: KGC)Yamana Gold (NYSE: AUY)Golden Star Resources (AMEX: GSS)First Solar (NasdaqGM: FSLR): 'It's had a big run ... Wait for the pull back on the expiration of the lockup next week, then FSLR.'Charter Communications (NasdaqGM: CHTR): ' I think could mark time. If it goes below $3.40, (pull the trigger), but not until then. There is tremendous pin action in the cable business, because of the triple play. I looked at the CHTR quarter, and I liked what I saw very much.'Goldman Sachs (NYSE: GS)Allegheny Technologies (NYSE: ATI)Brookfield Asset Management (NYSE: BAM)
Bearish calls:
Gmarket (NasdaqGM: GMKT): 'I'm in the 'don't buy' camp on this Korean eBay. I'd rather own EBAY itself.'Hansen Medical (NasdaqGM: HNSN): 'No. You're ringing the register. Sell, sell, sell! ... that the gain has been made.'Tanzanian Royalty Exploration (AMEX: TRE): 'We are very nervous about this one, because we haven't done the work ... If you're going to roll the dice, you might as well roll them with a company called Tanzanian, but it's not my cup of tea.'Starbucks (NasdaqGS: SBUX): ' ... it's long-term good ... Long-term good means you don't like it. I don't like SBUX here. The quarter wasn't that good ... Don't buy, don't buy.'Trina Solar (NYSE: TSL): 'No. I'm going to steer you toward First Solar.'Bank of America (NYSE: BAC): 'Trouble. Trouble ... I know this is a well-run bank, but I wish they would stop making so many acquisitions! ... I've got to say, 'don't buy, don't buy...'
Published By SeekingAlpha

Labels: ATI, AUY, BAC, BAM, DEO, GSS, JEF, Jim Cramer, KGC, Lightning Round, Mad Money, SBUX, TRE, TSL

A Goldman Sachs analyst Monday added Merrill Lynch & Co. to its Americas Conviction Buy List, a roster of preferred stocks, saying investors are too focused on exposure to subprime mortgages and not focused enough on momentum in the investment bank's other businesses.
Goldman Sachs analyst William F. Tanona upgraded Merrill Lynch to "Buy" from "Neutral." Merrill's stock is down 17 percent since an all-time high on Jan. 18 because of "investor concerns about subprime mortgage and potential contagion to adjacent markets." Meanwhile, similar banks are down only 7 percent in that timeframe.
The sell-off is overdone, Tanona said. Investors aren't giving management enough credit for the positive momentum the company has built over the last few years, he said. He expects Merrill Lynch to beat Wall Street's expectations for first-quarter profit.
Tanona's $107 price target is 31 percent higher than the stock's close at $81.67 on the New York Stock Exchange Friday. Merrill replaced Jefferies Group Inc. on the Conviction Buy List.
Shares of Merrill Lynch rose $1.48 to $83.15 in premarket trading Monday.
Published by AP

Labels: GS, Hot Stocks, JEF, MER, NKM

Bullish calls:
Saks (NYSE: SKS - News): 'The company is en fuego. This is one of my favorite situations ... SKS is going up - I think - 4 or 5 more points.'Sprint Nextel (NYSE: S - News): 'I was impressed about that last quarter. I had been very negative about S ... They blew away the numbers. I think S is now a buy, buy, buy, particularly under $20. That stock can go much higher.'Transocean (NYSE: RIG - News): 'Take a look at the rates that RIG is now getting.'Halliburton (NYSE: HAL - News): 'HAL is on the move. I have said this is going to be one of my best stocks of 2007, and I am reiterating a triple buy. Buy, buy, buy!'Logitech International (NasdaqGS: LOGI): ' I'm actually surprised this stock isn't doing better. They make the fabulous peripherals we all use. They make great mice. They did miss the quarter. I think the stock is a buy. I'm not backing away from LOGI.'Dean Foods (NYSE: DF - News): 'That company is all about returning money to shareholders. That special dividend plan is brilliant. I really want to plug these guys.'Genzyme (NasdaqGS: GENZ): 'I think you've got to buy this company. I think that people are very worried about congressional action against biotech. That's not going to happen. GENZ's good.'Gilead (NasdaqGS: GILD): 'GILD's good.'Celgene (NasdaqGS: CELG): 'CELG's good. 'Walter Industries (NYSE: WLT - News): It shouldn't have been hammered. All aboard! ... There's a lot of value there, if they choose to bring it out.'Baxter International (NYSE: BAX - News): 'BAX is the one that is operating on every single cylinder. I applaud BAX for what it's done. That stock has been at or near the 52-week high list for about a half a dozen years. BAX's a winner!'Bard (NYSE: BCR - News)MasterCard (NYSE: MA - News): ' This is an 'among the rubble' stock that came down during the selloff that I want to tell you right now... you need to buy more MA! I would pull the trigger multiple times. That's how much I like MA here. All aboard!'Emerson Electric (NYSE: EMR - News): 'Right here, it's got a 2.5% yield. It's one of the best-run manufacturers in the country ... It's growing at almost 12%. It sells at 16x earnings.'Parker Hannifin (NYSE: PH - News)Illinois Tool Works (NYSE: ITW - News)Vail Resorts (NYSE: MTN - News): 'I'll tell you, it's had a big run ... You know what, that's a good stock. On a pullback, I would have to pull the trigger. Buy, buy, buy!'Regal Entertainment (NYSE: RGC - News): 'You want to be there! These companies - these cinema companies are good - it's got a nice dividend. I think that this group was bad before. They've fixed their balance sheets. You should pull the trigger. I would own RGC.'Ceradyne (NasdaqGS: CRDN): 'To tell you the truth, I'd rather be in CRDN.'Union Pacific (NYSE: UNP - News): 'Oh man, that stock is rocking ... I say it goes to $120.'Goldman Sachs (NYSE: GS - News)
Bearish calls:
Global Industries (NasdaqGS: GLBL): ' I would swap out of GLBL and go into GSF, RIG or HAL.'RF Micro Devices (NasdaqGS: RFMD): 'Yeah, this is one of those little stocks that has had a nice move ... I think that you are too late, but these always come back again. I would sell, sell, sell, and when it comes in, back to $6 - buy, buy, buy!'Acorda Therapeutics (NasdaqGM: ACOR): 'I've got to tell you, this is a very speculative stock. I'm reluctant to recommend it, with a lot of the great biotech stocks trading down so badly ... Don't buy, don't buy.'Research In Motion (NasdaqGS: RIMM): 'I was not happy with Jim Balsillie [ co-CEO] with the options stuff... I expected more of Jim than that. He's one of my favorite executives. I do think that RIMM is good place to be ... Don't buy, don't buy. It's just too, too hard.'ExpressJet (NYSE: XJT - News): ' Look, XJT is frankly a don't buy. I don't want to go there. Don't buy, don't buy.'Bristol-Myers (NYSE: BMY - News): ' Sunshine, I've got to tell you something... I think that BMY is just okay right here. Don't buy, don't buy. It's had a very big move. I liked it much lower ... Sell, sell, sell!'Pioneer Drilling (AMEX: PDC - News): 'You cannot go with this land drilling! ... Sell, sell, sell, sell, sell, sell. It won't work!'Take-Two Interactive (NasdaqGS: TTWO): 'I have been mad at myself. Yesterday, I looked at Steve Cohen's position in DE Shaw, and said to myself, 'These guys are going to replace management at TTWO. Maybe that's a reason to buy it.' That was a mistake. When I look at the core business, I don't know if there's anything there. I think I was too aggressive with TTWO ... I think Steve Cohen is a terrific guy. I totally respect his work. I think he might be wrong about TTWO.'Jefferies (NYSE: JEF - News): 'No, no. Missed the quarter. Missed the quarter.'Force Protection (NasdaqCM: FRPT) 'To tell you the truth, I'd rather be in CRDN.'
Published By SeekingAlpha

Labels: BAX, BCR, BMY, DF, EMR, GENZ, GILD, GS, HAL, JEF, Lightning Round, LOGI, MA, Mad Money, PDC, RGC, RIG, SKS, UNP, WLT

Bullish calls:
Comcast (NasdaqGS: CMCSA): ' I think that CMCSA is done going down. It's a very good stock to own in a slowdown. Pull the trigger multiple times on CMCSA. There!'Fuel Tech (NasdaqGM: FTEK): 'It's one of the few companies on alternative energy that are actually maknig money. I like that! Pull the trigger FTEK - get back in!'American Tower (NYSE: AMT - News): ' ... the tower business is a good business. It's just a great generator of cash, so I like it.'Intuitive Surgical (NasdaqGS: ISRG): 'I think that ISRG, AKAM and HOLX are the three high-growth stocks that the momentum crowd is going to gravitate to.'Hologic (NasdaqGS: HOLX)Akamai Technologies (NasdaqGS: AKAM)Continental (NYSE: CAL - News): 'We're going with CAL.'World Wrestling Entertainment (NYSE: WWE - News): 'I've liked it. The stock has done absolutely nothing, but you do get that 6% yield while you wait for something to happen, particularly overseas.'GlaxoSmithKline (NYSE: GSK - News): ' one of the few drugs stocks that I actually like. It has a very good generic, over-the-counter business.'
Neutral calls:
Melco PBL Entertainment (NasdaqGM: MPEL): 'You know, I'm hurting with this MPEL ... Now, the problem is the Macau - no one wants to do anything with China, because China's now in trouble... I have been saying back up the truck on this MPEL down here. I don't want to back away from that, but I have to tell you that this stock - if it goes back to $18-19 - we're going to re-evaluate. '
Bearish calls:
Jefferies (NYSE: JEF - News): ' ... when you miss a quarter in this game, and a lot of other brokerage houses didn't, I think you've got to just wait ... Don't buy, don't buy.'Harley-Davidson (NYSE: HOG - News): 'They missed the quarter. They've become the punching bag of the shorts ... I've got so many companies that have so-called made the quarter, I don't need to step down in quality. HOG? Don't buy, don't buy.'Fastenal (NasdaqGS: FAST): ' You've got a stock at a 52-week low that, frankly, I don't like. I'm sorry, but boy are we being tough in this post-416 decline. Again, don't buy.'Taiwan Semiconductor (NYSE: TSM - News): 'This is one of the best... you know, it's a commodity semiconductor. It's been doing incredibly well. It's at a 52-week high. You know I don't really like the semi-conductor index. This stock - I would honestly - even though it yields 3% - let's take some money off the table. I'm not crazy about TSM right here.'ExpressJet (NYSE: XJT - News)
Published By SeekingAlpha

Labels: AMT, CAL, CMCSA, FAST, GSK, HOG, ISRG, JEF, Jim Cramer, Lightning Round, Mad Money, MPEL, TSM, WWE, XJT