Jim Cramer Blog

Buy Caterpillar (CAT), Jim Cramer said on CNBC's "Stop Trading!" segment Wednesday.
On news of an earthquake that has cost a great deal of damage and as many as 15,000 lives, Cramer spoke of the "rebuild in China," which he said was an equivalent of Hurricane Katrina in terms of infrastructure buildout. He pointed viewers to Caterpillar and Terex (TRX) as plays on the news. He also recommended Cummins (CMI). "They're all headed up ... because of the rebuild," he said.
Cramer said today's rally has a lot to do with bullish action from mortgage insurer Freddie Mac (FRE). "They have gotten rid of the systemic risk," he said. He called Freddie Mac and Fannie Mae (FNM) the "last of the black holes" for the financial crunch.
Cramer said Freddie is getting a lot of business, which he thinks may actually offset the company's losses. He said bears don't believe that's the case, but he pointed out that Freddie is a well-run company. Fannie is not as good, he said.
In the consumer discretionary space, Cramer said he had thought "the buyers would just call it quits" after the government's stimulus checks came in. He revised his forecast, saying maybe earnings from Kohl's (KSS) tomorrow will be the time to sell.
He expressed his surprise at the continued rise of some retailers. "Certainly we know that Costco (COST) is better than we thought. ... TJX (TJX) was a little disappointing, and look -- it goes up." He pointed out that Wal-Mart (WMT) stock has traded back to where it was before reporting earnings.
"A lot of people feel that the worst is over," Cramer said. He pointed out that the Fed called victory when inflation numbers came in better than expected.
Cramer also said that the year of wind power may arrive this year, not next year as he had previously predicted. He pointed out bullish action in Fluor (FLR) and First Solar (FSLR) as evidence of alternative energy stories.
He also said that Research In Motion (RIMM), Apple (AAPL) and MasterCard (MA) are offering leadership in the economy.
On the housing crisis, Cramer said that Toll Brothers (TOL) CEO Bob Toll was "negative negative negative" when the two spoke on last night's "Mad Money" TV show. He predicted that the housing problem in Florida would be much better in 18 months.

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Labels: AAPL, CAT, CMI, COST, FLR, FNM, FRE, FSLR, Jim Cramer, KSS, MA, RIMM, Stop Trading, TJX, TOL, TRX, WMT

Here are 7 stocks for traders for Friday from TradingMarkets.com:
Kohl's (NYSE:KSS - News) beat earnings on Thursday afternoon with $0.61 EPS over an expected $0.60 EPS. KSS' PowerRating (for Traders) is 4.
Autodesk (NasdaqGS:ADSK - News) reported better than expected earnings, announcing $0.49 EPS over $0.48 EPS. ADSK's PowerRating (for Traders) is 5.
Intuit (NasdaqGS:INTU - News) beat earnings expectations with -$0.10 EPS. INTU's PowerRating (for Traders) is 5.
Agilent (NYSE:A - News) matched earnings expectations on Thursday with $0.46 EPS. A's PowerRating (for Traders) is 5.
AnnTaylor NN reports earnings on Friday before the bell, with analysts looking for $0.60 EPS. ANN's PowerRating (for Traders) is 4.
When Jack In the Box (NYSE:JBX - News) announces quarterly results tomorrow before the bell, analysts will be looking for $0.39 EPS. JBX's PowerRating (for Traders) is 5.
Qiao Xing Mobile (NYSE:QXM - News) is set to report $0.32 EPS tomorrow morning before the market opens. QXM does not have a PowerRating (for Traders) due to its short trading history.

Labels: A, ADSK, Hot Stocks, INTU, JBX, KSS, QXM

Dennis Gartman, author of The Gartman Letter, joined the show to discuss his take on the dollar, which he predicted last Friday was due for a bounce. The dollar had its biggest one day reversal in a year on Monday. He also noted that in the last 4 days the U.S. dollar had the biggest rally versus the Canadian dollar that he has seen in his life. He also wouldn't be surprised to see gold fall another $40. Also, Gartman is looking for oil to fall $10-$15 before Thanksgiving.
Merrill Lynch economist David Rosenberg said on Monday that the last time he's seen a drop in consumer confidence to this degree during the Holiday season; the economy was in a recession. Macke thinks the Tuesday earnings reports from Home Depot (HD) and Wal-Mart (WMT) will be horrific. The only retailer he expects a good earnings report from is Kohl's (KSS) and his wild card is Macy's (M). He would get long Costco (COST) and Target (TGT). Adami thinks a trade is setting up for Coldwater Creek (CWTR), which he mentions has a very high short interest.
E*Trade (ETFC) lost 60% of its value Monday on concerns over the companies loan portfolio. Finerman thinks the most clear trade is to be long TD Ameritrade Holding (AMTD). Finerman sees opportunity for TD Ameritrade to steal E*Trade clients with all the problems they're having. She also likes Charles Schwab (SCHW).
IBM (IBM) bought Cognos (COGN) for $5 billion and Fortune Brands (FO) sold its wine business to Constellation Brands (STZ) for $885 million. Adami declares United States Steel (X) will be the next company to be taken over.
Word on the Street
Technology stocks continued to slide Monday with leaders like Google (GOOG) dropping 5%, Apple (AAPL) dropping 7% and Research In Motion (RIMM) dropping 9%. Adami likes Hewlett Packard (HPQ) ahead of next Monday's earnings report.
Rio Tinto (RTP) hits a record high after BHP Billiton (BHP) laid out the details for its $140 billion all-share offer.
Adami says the big pharmaceutical story is not fiction and Merck (MRK) is for real. He also loves defense play Johnson & Johnson (JNJ). Macke agrees with Adami and that right now is a good time to be long Merck, Procter & Gamble (PG), Pfizer (PFE) and Church & Dwight (CHD) for a defensive portfolio. Najarian wants to keep an eye on Eli Lilly (LLY).
Pops & Drops
Pops - Cisco Systems (CSCO) traded up 2% on Monday as the market declined.
Mattel (MAT) traded up 4% off a JPMorgan upgrade.
Starwood (HOT) traded up 2%
Washington Mutual (WM) traded up 1% as the financial stocks mounted a rally on Monday.
American Airlines (AMR), US Airways (LCC) and Delta (DAL) all traded up more than 5% as oil prices declined.
Starbucks (SBUX) traded up 3%.
Drops - Freeport McMoRan (FCX) fell 10% as commodity stocks were hit off the dollar rally.
Tyson Foods (TSN) fell 3% after cutting its 2008 forecast.
Sotheby's (BID) fell 2%.
Mosaic (MOS) fell 14% off the dollar rally.
Final Trade
Macke likes defensive play Procter & Gamble (PG).
Adami recommends Cisco Systems (CSCO).
Finerman and Najarian both picked TD Ameritrade Holding (AMTD).

Labels: AMTD, CNBC, CNBC's Fast Money, COST, CWTR, dennis gartman, ETFC, Fast Money, Fast Money Recap, HD, KSS, TGT, WMT

On Wednesday, Cramer said, "For everyone who missed out on the 400-point rally yesterday and today, I have one thing to say: It's not too late, you've barely missed a thing." Proof: Cramer said when the Fed realized the extent of its problems back in 1990, it was a great time to get into the market. Since then: Dow Jones up 10,000 points. People shouldn't pay attention to the "negative Nancies" that have been scared out of the market. Cramer says the rate cut has been great for so many stocks. Including: Kohl's (KSS), Target (TGT), as well as the banks. Also: Wachovia (WB), Downey Financial (DSL), and FirstFed Financial (FED). Cramer is still in the middle on homebuilders. He wouldn't touch Lennars (LEN) or KB Homeses (KBH), but wouldn't short them anymore.
AT&T (T): Cramer spent the next segment telling why AT&T is a good buy. It has a good dividend and has "totally reinvented itself as a growth company" by investing in telco companies. AT&T CFO Rick Linder was welcomed to the show and said the telco industry is resurging. Their wireless data, broadband, and video division are all taking off as well. Their acquisition of Apple's iPhone has been largely successful, especially since its price drop to $200.
Mad Mail: writer commented on Cisco's (CSCO) recent acquisition of wireless solutions company Cognio and asked if all WiFi companies are headed down the bandwidth road to the extent that Level 3 Communications (LVLT) will soon experience explosive revenue and profit growth.
Am I Diversified? Cramer's first caller asked if he was diversified with the following five stocks: Apple, Noble (NE), Potash (POT), Research In Motion (RIMM) and Schlumberger (SLB). Cramer pointed out two pairs with Apple and RIMM, and Noble and Schlumberger. Throw out Noble and Apple and add a defense play like Northrop Grumman (NOC) and a financial like Wachovia. Separately, Cramer said he prefers Deere (DE), Monsanto (MON) and Bunge (BG) to Potash.
His second caller named these five picks: Genentech (DNA), Fuel-Tech (FTEK), NightHawk Radiology (NHWK), L-1 Identity Solutions (ID) and US Gold (UXG). Cramer told the caller she had too much of a gambling portfolio with too many speculative stocks like ID, FTEK and UXG. He suggested getting out of those and into less speculative names.

Labels: ATT. T, CSCO, DE, DSL, FED, Jim Cramer, KSS, LEN KBH, LVLT, Mad Money, Mad MOney Recap, MON, NE, NOC, POT, RIMM, TGT, WB

Here are 7 stocks for traders for Friday from TradingMarkets.com:
Late Thursday, Lattice Semiconductor (NasdaqGM:LSCC - News) revised its Q3 revenue outlook downward to reflect a one-time restructuring charge. LSCC's PowerRating (for Traders) is 4.
Alcatel-Lucent (NYSE:ALU - News) extended losses, falling an additional 8% after slashing revenue forecasts for 2007 earlier this week. ALU's PowerRating (for Traders) is 6.
Build-A-Bear (NYSE:BBW - News) rose about 8% on Thursday, on rumors that the company is on the market for a buyout acquisition. BBW's PowerRating (for Traders) is 4.
Cephalon (NasdaqGS:CEPH - News) announced that some patients have died after being given the company's painkiller Fentora. CEPH's PowerRating (for Traders) is 5.
Kohl's (NYSE:KSS - News) introduced its new Vera Wang collection of clothes and accessories, which the company feels will drive sales during the holiday. KSS rose over 6%. KSS's PowerRating (for Traders) is 5.
Countrywide Financial (NYSE:CFC - News) and NovaStar Financial (NYSE:NFI - News) both jumped today on news that CFC managed to acquire and additional $12 billion through existing credit lines. CFC's PowerRating (for Traders) is 7, and NFI's PowerRating (for Traders) is 3.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: ALU, BBW, CEPH, CFC, KSS, LSCC, NFI, Stocks to Watch

Fall into the Gap (GPS)
Although Cramer admits he has disliked retail lately, the sector will be a hot area when the Fed continues to cut interest rates. What was once the worst of the worst, Gap, is now best-of-breed, with a better balance sheet, new CEO Glenn Murphy, $2.7 billion in cash and investments and a revenue of $151.9 billion. In addition, this "great turnaround story" is buying back stock aggressively and is polishing its Banana Republic Brand. Cramer would wait about 5 days before buying.
Old King Kohl's: Limited Brands (LTD), Tween Brands (TWB) and Kohl's(KSS)
Unlike LTD and TWB, retailers Cramer thinks deserve to be doing badly, it is a mystery that people seem not to like Kohl's, which has "dropped like a rock;" a full 28% since April. Cramer likes the fact no one is paying attention to Kohl's which sells at 13x forward earnings and has a growth rate of 18%. He also noted the store is focusing on high-end designer brands, such Vera Wang's label. Cramer concluded KSS has the best risk-reward if the Fed keeps cutting and "deserves to be bought."
Fly Like an Eagle: American Eagle Outfitters (AEO)
Cramer suggests looking for retail stocks with vigorous insider buying and low evaluations; these factors characterize AEO, which is "worth buying." AEO's sales increased 17% year over year and is currently selling at 12 times next year's earnings. Craner would wait until the stock dips to between $22 and $25 before buying.
Mad Mail: Crocs (CROX), American Eagle Outfitters (AEO) Although Cramer still believes CROX has further to climb, he admits concern over the company's insider selling; "I will temper my enthusiasm a tad," he said. Cramer added AEO is a good stock for a 7th grader, and is an investment that can be held onto for a few years.

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Labels: AEO, CROX, GPS, Hot Stocks, Jim Cramer, KSS, LTD, Mad Money, TWB

J.C. Penney (NYSE: JCP - News), Sears (NasdaqGS: SHLD), Deere (NYSE: DE - News), Kohl's (NYSE: KSS - News), Polo Ralph Lauren (NYSE: RL - News), Saks (NYSE: SKS - News)
Cramer thinks retail is going higher since gasoline prices have peaked. Although there the shorts are betting heavily against retail "people got these wrong," he said. However, retailers focusing on outdoor goods and furniture might have a problem, since DE indicated outdoor was not going to do well. Cramer is bullish on JCP, KSS and SHLD, but thinks it is ironic that Citigroup rose 2.5 points on the news of Eddie Lampert's $800 million share in the company, while Lampert's own company, SHLD, "has done nothing for months." Cramer adds RL is "very right" at $93, and stressed SKS is a go-name; 'Saks reports next week, and it would be a godsend if the stock goes down.'
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Labels: DE, JCP, Jim Cramer, KSS, RL, SHLD, SKS, Wall Street Confidential

Here are 7 stocks for traders for Friday from TradingMarkets.com:
Intuit (NasdaqGS:INTU) beat earnings after the close on Thursday, announcing $1.13 EPS over an expected $1.07 EPS. INTU's PowerRating is 5.
Kohl's (NYSE:KSS) beat earnings on Thursday afternoon, with $0.64 EPS over an expected $0.62 EPS. KSS's PowerRating is 6.
Alliance Data Systems (NYSE:ADS ) agreed to be bought out by private equity firm Blackstone for $7.8 bln. ADS's PowerRating is 5.
WPP Group (NasdaqGS:WPPGY) announced on Thursday a deal to buy 24/7 Real Media (NasdaqGM:TFSM) for $649 million. WPPGY's PowerRating is 5.
A major takeover bid is still on the table for Dow Jones (NYSE:DJ Medial mogul Rupert Murdoch, who runs Newscorp (NYSE:NWS) reportedly offered to buy DJ for $60 a share. DJ's PowerRating is 5, and NWS's PowerRating is 5.
PowerRatings are courtesy of PowerRatings.net

Labels: ADS, DJ, Hot Stocks, INTU, KSS, NWS, TFSM, WPPGY

J.C. Penney (NYSE: JCP - News), Kohl's (NYSE: KSS - News), Wal-Mart (NYSE: WMT - News), Target (NYSE: TGT - News), Home Depot (NYSE: HD - News)
Cramer thinks retail stocks will improve with the weather and should rise in the summer. April was stormy for consumer spending, gas prices, and housing, and it was also, well, stormy; "I wish that retail was more immune to the weather, but it isn't," Cramer said, noting when the weather improved the last 1o days of April, so did the stocks. Cramer would buy JCP, KSS, and reversing preferences, he says he now likes WMT better than TGT. He was worried that a bad report and a negative forecast from HD would bring down the rest of the sector, but he did not expect the macro number and the healthy consumer price index to give the market momentum. Since the number indicated inflation is not a major problem, Cramer declares a Fed rate cut is "back on the table."
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Labels: HD, JCP, Jim Cramer, KSS, TGT, Wall Street Confidential, WMT

Six Flags (NYSE: SIX - News): 'We are big fans of Mark Shapiro... I like the advanced ticket sales. I like what he's doing. I am bullish on SIX, but I have to believe that you don't want to pull the trigger until it is below $6.'Ford (NYSE: F - News): 'People are believing in Alan Mulally [CEO}, and it's about time. He's shrinking the company ... we have heroes on Wall Street, not just villains, and Alan is one of the heroes!'Wells Fargo (NYSE: WFC - News): 'Best in show bank. 14x multiple. Unbelievable. WFC is good - don't buy, don't buy - but I want you to pull the trigger on GS!'Goldman Sachs (NYSE: GS - News): ' ... at $225, and I think it's going to $350... I want you to pull the trigger on GS.'Peabody Energy (NYSE: BTU - News)Chemed (NYSE: CHE - News)Charter Communications (NasdaqGM: CHTR) 'CHTR's going higher! CHTR is now up almost a dollar from where we recommended it.'J.C. Penney (NYSE: JCP - News)Kohl's (NYSE: KSS - News)Saks (NYSE: SKS - News): 'Somebody upgraded it today. They're finally getting on board. I like that one too!'Dick's Sporting Goods (NYSE: DKS - News)Lowe's (NYSE: LOW - News)Federated Department Stores (NYSE: FD - News): 'That stock has gotten too cheap. I'd like to buy that. Buy, buy, buy.'Sears (NasdaqGS: SHLD): ' ... is a stock that everybody now hates... (buzzer sounds)... Meanwhile, I say, c'mon. The guy's making money. Give him the BOD - give him the benefit of the doubt!'Caterpillar (NYSE: CAT - News): ' ... why would you not buy Caterpillar instead, which is best in show, much too low versus the rest of the group.'Joy Global (NasdaqGS: JOYG): 'I like JOYG, but it is to CAT that I am pointing you to...'Syneron Medical (NasdaqGS: ELOS): 'We're still sticking with ELOS ... We like the lasers. We believe in the dental laser. Has it taken off yet? Not yet, but we still like it. I would stick with ELOS.'China Medical (NasdaqGS: CMED): 'The stock is good... A very strange combination of hospice and Roto Rooter... I am sticking by CMED. I would take a little off, because ... hogs get slaughtered... but CMED was a good one and it remains so.'New York Stock Exchange/Euronext (NYSE: NYX - News): '.... was so ugly today that... I've never seen such a bear raid on a stock ... The Euronext numbers that came out were great!'
Bearish calls:
Consol Energy (NYSE: CNX - News): 'Keep looking! Don't pull the trigger! Don't buy, don't buy.'Massey Energy (NYSE: MEE - News): ' ... that one is just awful! House of pain...'DivX (NasdaqGM: DIVX): 'I cannot get behind DIVX. That was one of the ugliest quarters out of the chute that I've ever seen... I cannot do the right thing when management screws up. I am not getting behind DIVX. No way, no how!'Big Lots (NYSE: BIG - News): 'BIG is not a favorite of mine.'Sport Chalet (NasdaqGM: SPCHB)Central Garden & Pet (NasdaqGS: CENT): 'Pass on CENT... Inconsistent. Not a great company. Way too levered to whether we have a good garden season, which is really bad. Sell, sell, sell!'

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Labels: BIG, BTU, CAT, CHE, CHTR, CNX, DKS, F, FD, GS, JCP, Jim Cramer, KSS, Lightning Round, LOW, NYX, SIX, SKS, WFC

J.C. Penney (NYSE: JCP), Kohl's (NYSE: KSS), Wal-Mart (NYSE: WMT), Target (NYSE: TGT), Home Depot (NYSE: HD)
Cramer thinks retail stocks will improve with the weather and should rise in the summer. April was stormy for consumer spending, gas prices, and housing, and it was also, well, stormy; "I wish that retail was more immune to the weather, but it isn't," Cramer said, noting when the weather improved the last 1o days of April, so did the stocks. Cramer would buy JCP, KSS, and reversing preferences, he says he now likes WMT better than TGT. He was worried that a bad report and a negative forecast from HD would bring down the rest of the sector, but he did not expect the macro number and the healthy consumer price index to give the market momentum. Since the number indicated inflation is not a major problem, Cramer declares a Fed rate cut is "back on the table."

Labels: HD, JCP, Jim Cramer, KSS, TGT, Wall Street Confidential, WMT

Time Heals all Wounds: Kinetic Concepts (NYSE: KCI - News) and Smith & Nephew (NYSE: SNN - News)
Although Cramer usually prefers medical stocks which are a "pastiche," he likes KCI as a speculative stock even though it is levered only to wound-care and therapeutic service products. He is not concerned about the "nasty beating" KCI has taken, since the bulls and bears tend to fight it out over companies like KCI, and Cramer thinks the bulls will win. Another concern is KCI has reached 90% saturation in wound care and now has to compete for market share with SNN which recently acquired Blue Sky Medical. Cramer believes KCI has many competitive advantages, its 3% drop was "overdone," and only 10% of its revenue comes from bandages. He is confident KCI will bounce back.
On the Mend: Micrus Endovascular (NasdaqGM: MEND), Boston Scientific (NYSE: BSX - News) and Johnson & Johnson (NYSE: JNJ - News)
While those holding the stock may be in the "House of Pain" after MEND failed to get approval in China for its cerebral aneurysm treatment, Cramer thinks its $2 fall is a good opportunity to buy. He believes approval has been postponed and not cancelled, and would sell into strength once the treatment is approved. Cramer is not worried about large competitors BSX and JNJ. He also notes MEND could be a takeover target; "It either makes you money or it will get bought out." Cramer would buy the stock in increments andwould use limit orders.
Game Plan for the Coming Week: Thermo Fisher Scientific (NYSE: TMO - News), J.C. Penney (NYSE: JCP - News), Kohl's (NYSE: KSS - News), Home Depot (NYSE: HD - News), TJX Companies (NYSE: TJX - News), Jack in the Box (NYSE: JBX - News), Deere (NYSE: DE - News)
Cramer would look into buying scientific-instruments producer TMO before its analyst meeting on Tuesday. He also likes retailers JCP, KSS which report Thursday, and he thinks the downside has been priced into the stocks. Cramer is currently bullish on retail, and would buy half a position in HD before its Tuesday report, since he believes its management is developing "retail-savvy." Tuesday is also the day Cramer believes investors will see a "terrific" report from TJX and a "gigantic beat" from JBX, and he would buy ahead. However, Cramer would wait until after DE's report on Wednesday before buying, because the stock has increased, and he would wait for a selloff and a price drop.
CEO Interview: Mark Shapiro, Six Flags (NYSE: SIX - News)
Mark Shapiro is looking forward to an "extremely good summer season" given the number of group sales and season passes SIX has already sold. Meanwhile, the company has been investing in more aggressive marketing, employee training and recruiting. Although the weather is an unknown variable, Shapiro's aim is to "increase value proposition for our guests." Cramer remarks Shapiro is "good to go" and is sticking with Six Flags.

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Labels: BSX, DE, HD, JBX, JCP, Jim Cramer, JNJ, KCI, KSS, Mad Money, SIX, SNN, TJX, TMO

Seagate (NYSE: STX):Far from thinking Seagate has bottomed, Cramer said the disk drive company still "has lower written all over it" and would stay away from the entire group in spite of low prices.
J.C. Penney (NYSE: JCP ), Polo Ralph Lauren (NYSE: RL) , Kohl's (NYSE: KSS), United Technologies (NYSE: UTX): Cramer declares JCP a "multiyear story" because of Sephora cosmetics and the private label deal with RL, and would give the retailer the benefit of the doubt in spite of its lackluster quarter. Cramer comments JCP and KSS are stores which make customers feel "they're richer than they are." He predicts JCP will be up to $85 from $81.50. He added UTX has the earnings power to go to $70 from $66.

Labels: JCP, Jim Cramer, Jim Cramer's Stop Trading, KSS, RL, STX, UTX

Missing the Target (NYSE: TGT - News), J.C. Penney's (NYSE: JCP - News), Kohl's (NYSE: KSS - News), Wal-Mart (NYSE: WMT - News)
Cramer says the market is in the "half empty mode" and believes this will continue through May when he expects a rally after the Fed cuts interest rates. He would sell, rather than hold, on strength with earnings season here and the "choppy to bad markets" that accompany it. Cramer would look at recession companies, and on the subject of retailers, he says JCP CEO Myron Ullman deserves the benefit of the doubt, but the money men on The Street are not going to give him respect because they don't shop at JCP or KSS and don't appreciate how good the shops are. Wal-Mart, however, is "way too loved" and is stuck between $45 and $50. "people are perennially missing the greatness of Target," commented Cramer, adding that TGT is a fun place to shop.

Labels: JCP, Jim Cramer, KSS, TGT, Wall Street Confidential, WMT

Missing the Target (NYSE: TGT - News), J.C. Penney's (NYSE: JCP - News), Kohl's (NYSE: KSS - News), Wal-Mart (NYSE: WMT - News)
Cramer says the market is in the "half empty mode" and believes this will continue through May when he expects a rally after the Fed cuts interest rates. He would sell, rather than hold, on strength with earnings season here and the "choppy to bad markets" that accompany it. Cramer would look at recession companies, and on the subject of retailers, he says JCP CEO Myron Ullman deserves the benefit of the doubt, but the money men on The Street are not going to give him respect because they don't shop at JCP or KSS and don't appreciate how good the shops are. Wal-Mart, however, is "way too loved" and is stuck between $45 and $50. "people are perennially missing the greatness of Target," commented Cramer, adding that TGT is a fun place to shop.

Labels: JCP, Jim Cramer, KSS, TGT, Wall Street Confidential, WMT

The Nightmare is Over: Boeing (NYSE: BA - News), United Technologies (NYSE: UTX - News), Deere (NYSE: DE - News), Ingersoll-Rand (NYSE: IR - News), Freeport-McMoRan (NYSE: FCX - News), Caterpillar (NYSE: CAT - News)
"The crisis - our short national nightmare - is over!" announced Cramer, reminding viewers of his prediction that the Fed would blink and cut rates. He felt that the removal of the line about "additional firming" from the Fed statement was responsible for the rally in the market on Wednesday and says the final third of the market, comprised of minerals, is hitting bottom. Cramer would aggressively buy cyclical stocks right now and named BA, UTX, DE, IR, FCX and CAT.
Gentlemen Prefer Haynes International (NasdaqGM: HAYN)
Cramer notes Haynes brought a secondary offering to the market, will be able to clean up its balance sheet and start moving. HAYN is a high-performance metals company, and is the cheapest member of the "red hot sizzling club" which includes Titanium Metals and RTI. Haynes is a fresh stock for analysts who are starved for a new name, said Cramer; "The demand for its product is only exceeded by the demand for its stock!"
Sugar-Free Danish: Novo Nordisk (NYSE: NVO - News)
Defensive stocks were performing "fabulously" on Wednesday, and Cramer would keep an eye on drug stocks, but not the American names. Cramer likes Danish company NVO which has 50% of the international market in diabetes treatment. NVO has "some of the best" insulin products, is selling human insulin inexpensively, has patent-protection and is not hampered by competition from generics. Cramer predicts the stock will move from $88.71 to $100.

Shopping for Wal-Mart (NYSE: WMT - News) with stocks Sears Holdings (NasdaqGS: SHLD), JC Penney (NYSE: JCP - News), Kohl's (NYSE: KSS - News)
On Tuesday, a University of Texas student made the bullish case for Wal-Mart because of new store design in Plano Texas. Cramer gave his response on Wednesday, and said he is bothered by the fact that Wal-Mart is a stock analysts claim to hate, yet 16 out of 28 still like it. Cramer doesn't see the company remodeling stores aggressively, and while he admits WMT is cheap on a price-to-earnings basis, he can't accept the fact that WMT is so well liked and its stores are boring places to shop. However, he promoted WMT from a triple sell to a "don't buy, don't buy!" and recommended other retail stocks: SHLD, JCP, KSS.

Mad Mail: Google (NasdaqGS: GOOG), Nastech Pharmaceuticals (NasdaqGM: NSTK), Wendy's (NYSE: WEN - News), Tim Horton's (NYSE: THI - News), McDonald's (NYSE: MCD - News), Chipotle Mexican Grill (NYSE: CMG - News)
Concerning Google, Cramer thinks its YouTube acquisition, far from being a sign of overexpansion, was “brilliant" and if it weren't for the Viacom lawsuit, the stock would be sitting at $470 or $480. Cramer would stay with NSTK at $10, noting it is the only company working on autism. When a caller asked about WEN and THI, Cramer suggested selling both and picking up MCD and especially CMG.
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Labels: BA, CAT, CMG, DE, FCX, HAYN, IR, JCP, Jim Cramer, KSS, Mad Money, MCD, NVO, THI, UTX, WEN,