Jim Cramer Blog

Lundin Mining (LMC): Cramer began Friday's show by talking about LMC. The mining company extracts zinc, copper, nickel and lead, which Cramer thinks are near bottoms in price. He also thinks that the stock could be bought out for $15 per share. Although the company has had its ups and downs, Lundin now deserves "two thumbs up."
Horsehead Holdings (ZINC): Next, Cramer talked about ZINC; a zinc refiner that recently went public. Cramer feels that no one knows about the stock and that it should increase since many other metal stocks have gone up in price recently. He thinks this is another buyout target in the future. He said, "If Horsehead reaches $23, walk away."
The Mad Money Game Plan: Next week focused on Cramer's belief that high oil and a weak dollar are good for the market, contrary to popular belief. The stocks he specifically mentioned were Core Labs, (CLB), FMC Tech (FTI), and First Solar (FSLR).
Mad Mail: Cramer read an email that was very harsh, pointing out some of the stocks Cramer likes that have not done well recently. Cramer stated that he is willing to admit his mistakes. "My losses kill me," he said, especially since he owns a lot of these stocks for his charitable trust; such as Goldman Sachs (GS), NYSE Euronext (NYX), and Sears (SHLD).

Labels: FSLR, FTI, GS, Jim Cramer, Labels: CLB, LMC, Mad Money, Mad MOney Recap, NYX, SHLD, ZINC

Corning (NYSE: GLW - News): ' ... you should be buying Corning (NYSE: GLW - News), which was unceremoniously dumped after a good quarter.'Lundin Mining (AMEX: LMC - News): 'All mineral stocks are getting hammered here... every single one of them ... There was just a huge amount of takeovers in this industry. Now they're dying down... You accumulate LMC... We like the combination copper, the lead... We like their product portfolio ... We have been right to buy. It will be no different this time.'NYSE Euronext (NYSE: NYX - News): 'I have been wrong so far... I believe fundamentally in the story. I can't change my view, because the fundamentals have borne me out... I am sorry, and I too am in the house of pain. I still believe though.'Prudential Financial (NYSE: PRU - News): 'They knocked it down $3 bucks... There were some concentrated raids on all the insurers ... they've got a gigantic portfolio... PRU is a great company. And it will not founder on subprime... one of the few financials I want to own!'Honeywell (NYSE: HON - News): 'There's a guy who runs that company... his name is Dave Cote. That man inspires a tremendous amount of confidence ... He's a transforming manager. He's generating a huge amount of cash... His order book is full. And I want to buy that stock right here.'Companhia Vale do Rio Doce (NYSE: RIO - News): 'This is a company that has a hammerlock on all the nickel in the world! I would not give up on these guys... As a matter of fact, any weakness ... Stocks that are up huge are getting register rung. It's the summer. That's what happens every year.'BHP Billiton (NYSE: BHP - News)Apple (NasdaqGS: AAPL - News): 'I think the raids are over. I think it's ready to resume its climb. I am not backing away from AAPL at $135. Now, when it got back to $145, please, let's do some schnitzelling (i.e., sell some).'Reliance Steel (NYSE: RS - News): 'I have been recommending Reliance Steel, which had a better quarter (than Nucor.'Chordiant Software (NasdaqGM: CHRD - News): 'They just reported a great quarter yesterday. It was great ... Let's ride that one a little bit more.'
Bearish calls:
Syntax-Brillian (NasdaqGM: BRLC - News): 'No, no! Don't buy, don't buy. Keep looking ... you should be buying Corning.'Kroger (NYSE: KR - News): 'Safeway, Kroger... They've not been recording good quarters. They've been hurt by food inflation... If it lifts, sell, sell, sell... I would trim it back.'Nucor (NYSE: NUE - News): 'I cannot get behind NUE. There are too many flies in the steel story now, with the potential slowdown in commercial real estate, if we don't get a Fed rate cut. 'Great Lakes Dredge & Dock (NasdaqGM: GLDD - News): ' ... that's one I can't go back to. That was a trade.'
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Labels: AAPL, BHP, BRLC, CHRD, GLDD, GLW, HON, Jim Cramer, KR, Lightning Round, LMC, NUE, NYX, PRU, RIO, RS

Six Bulls: John Deere (NYSE: DE - News), Monsanto (NYSE: MON - News), Sociedad de Chemica (NYSE: SQM - News), Caterpillar Inc. (NYSE: CAT - News), Terex (NYSE: TEX - News), Manitowoc (NYSE: MTW - News), Foster Wheeler (NasdaqGS: FWLT - News), McDermott International (NYSE: MDR - News), Jacobs Engineering (NYSE: JEC - News), Boeing Co. (NYSE: BA - News), Halliburton (NYSE: HAL - News), Royal Dutch Shell (RDS-A), Exxon Mobil (NYSE: XOM - News), Freeport McMoran (NYSE: FCX - News), Lundin Mining (AMEX: LMC - News)
Cramer dedicated the program to discussing six bull markets and recommending stock picks for each sector.
Agriculture: Cramer commented on a "disturbing" editorial in the New York Times which called for an end to agricultural subsidies, but he is confident the policy will never be enacted. Cramer calls Deere "money in the bank" and notes that it sells at 16x earnings and has a 12% growth rate. While Monsanto, which trades at 35 x earings "will never be cheap," Cramer says its 24% growth rate is worth the price at $60, and he would buy it up to $70. The Chilean fertilizer company, SQM, is the world's largest supplier of lithium which goes into batteries and will be in shorter supply as "the greening movement reaches its nauseating zenith."
Machinery While he confesses amazement that CAT is stalled, Cramer says it is "preposterously cheap" trading at 13x earnings with 12% growth. He adds CAT has great international exposure, will benefit from the collapse of its Japanese competitors, and is a solid infrastructure play. While he also likes TEX and MTW, Cramer thinks CAT is still best-of-breed.
Infrastructure: Cramer calls this the "wildest" bull market which will benefit from oil prices and the need to create alernative power plants and petroleum infrastructure. Even though Foster Wheeler and McDermott International have had "tremendous runs" Cramer notes FWLT sells at just 17x next years earnings with 34% growth, and MDR has 14% growth and sells at 17x earnings. He adds these stocks do not get enough coverage on Wall Street, and would buy them. Cramer gives Jacob's Engineering and honorable mention, although is more expensive than the other two.
Aerospace:Boeing is up only 10% when the rest of the sector has risen 22%, and Cramer comments, "It's a laggard. It should be leading." Boeing sells at 20x earnings and has 18% growth. He thinks the company has a good future given the health of the sector, its international business, and some "amazingly-terrible problems at AirBus."
Oil and Gas: After a run for this sector, it was down on Tuesday; "People are just thinking it's over, because oil is down 2 bucks," said Cramer and he expressed confidence that the sector would bounce back. In spite of its "giant" buyback, "robust" outlook for oil and gas and its international exposure, Cramer notes HAL is down 12% from last year. Cramer likes Royal Dutch Shell with 10x earnings, 8% sales growth, and a yield at nearly 4%. While Exxon Mobil was down on Tuesday, it is still "a go-name for big institutions."
Minerals: Cramer says rumors of full copper inventories are "nonsense," because the Chinese need more copper. He likes copper play FCX and says its gold is a good hedge against inflation. He notes the company sells at only 9x earnings, but he predicts a 12x multiple. Cramer added the quarter was not good due to strikes and the cost of its Phelps Dodge deal, but predicts it will benefit from copper demand. He also likes Lundin which he thinks will go from $12 to $15 on the Tenke Mining deal in late June.
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Labels: BA, CAT, DE, FCX, FWLT, HAL, JEC, Jim Cramer, LMC, Mad Money, MDR, MON, MTW, SQM, TEX, XOM

Yamana Gold (NYSE: AUY):' ... none of these is as good as Lundin or Yamana Gold. So let's just stick with the winners.'Lundin Mining (AMEX: LMC):Genco Shipping (NYSE: GNK): 'You've got a good one, I salute you, and keep the pressure on. Keep buying these stocks with good dividends.'MetLife (NYSE: MET)Prudential (NYSE: PRU)Manulife (NYSE: MFC)eBay (NasdaqGS: EBAY): 'I'm not ready yet to take the victory lap ... I didn't get back on the eBay horse until 28. I like this stock here. I don't want to sell it ... I feel strongly that we're in the first quarter of a major turn for eBay. ... The stock goes higher.'Toyota Motor (NYSE: TM): 'I think the stock's gonna be up pretty big now. ... the Japanese love a trend reversal ... that stock sees 125 by Friday.'Energy Metals (NYSEArca: EMU)Mosaic (NYSE: MOS)Brocade (NasdaqGS: BRCD): 'I think the stock works its way over time to 12.'EMC (NYSE: EMC): ' EMC went from 10 to 15. I think Brocade only will do the same.'Ameren (NYSE: AEE): 'Why is Ameren still independent? ... It should have been taken over by now. ... I want you to stick with it.'Washington Mutual (NYSE: WM): 'The shorts right now are in a House of Pain ... WaMu's doing better than we thought ... not as bad as what the shorts thought.'
Bearish calls:
Northgate Minerals (AMEX: NXG)Northern Orion (AMEX: NTO): 'Reminds me of Northgate Minerals ... but none of these is as good as Lundin or Yamana Gold. So let's just stick with the winners.'Uranerz Energy (AMEX: URZ): 'I think you should ring the register.'Intel (NasdaqGS: INTC): 'I'm not gonna be a bear on Intel down here, but it's simply Don'tBuy ... it's not expensive, it has a lot of cash. But there's nothing happening there that would make me recommend the stock.'

Labels: AEE, AUY, EMC, GNK, Jim Cramer, Lightning Round, LMC, Mad Money, MET, MFC, MOS, NTO, NXG, PRU, TM, URZ, WM

Amgen (NasdaqGS: AMGN): 'Worst is over ... we've seen the stock go from 55 to 60 ... Let's buy some Amgen.'GOL Linhas Areas Inteligentes (NYSE: GOL - News): 'At 28, we got a gift here. ... Brazil is up 28% for the year. We had a little profit-taking. Pull the trigger. Make your move.'Bank of America (NYSE: BAC - News): 'Feels real good to me here. ... at 51 with a 4.3% yield, you are going to make money.'Jones Soda (NasdaqCM: JSDA): 'We have seen the stock triple. ... 20 it goes to 30. Down 4, do we start buying it again? Yeah, I would buy Jones Soda down here.'American International Group (NYSE: AIG - News): 'I own AIG, up nicely but not enough. Every day I go home and curse Hank Greenberg ... because he's constantly selling the stock. ... if he would ever stop selling, the stock would go to 75.'Flowserve (NYSE: FLS - News)Rigel Pharmaceuticals (NasdaqGM: RIGL)Nastech Pharmaceutical (NasdaqGM: NSTK): 'I would rather do Nastech.'Cemex (NYSE: CX - News): 'Cemex is going to have a monopoly on cement by the time they're done.'Homex Development (NYSE: HXM - News)PDL BioPharma (NasdaqGS: PDLI)United Online (NasdaqGS: UNTD)Vertex Pharmaceuticals (NasdaqGS: VRTX)Lundin Mining (AMEX: LMC - News): 'When that stock got to 10, once again the hate mail so thick that I was just swimming in it. ... I am just one first-class masochist. I backed the truck up to that name. And that's why it's at a 52-week high.'
Bearish calls:
First Marblehead (NYSE: FMD - News): 'Up 2 bucks in reaction to the big selloff yesterday, but SellSellSell.'Optium (NasdaqGM: OPTM): 'Like the high bandwidth, optical networking, but Don'tBuy. This group is too hard for me.'Peabody Energy (NYSE: BTU - News): 'Just went from 38 to 48. ... I think that BPU pulls back to 45, and that's where you do it .'
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Labels: AIG, BAC, BTU, CX, FLS, FMD, GOL, Hot Stocks, HXM, Jim Cramer, JSDA, Lightning Round, LMC, Mad Money, NSTK, OPTM, RIGL, UNTD

Jockeying for Position: Dynegy (NYSE: DYN - News), Brocade Communications (NasdaqGS: BRCD), Qwest (NYSE: Q - News)
Cramer suggested three "horse racing stocks" under $10 to keep investors interested. These are just temporary plays and should be sold when they reach $12. He notes DYN was "trashed" because of its former CEO Chuck Watson, but has been rescued by current CEO Bruce Williamson. He notes that DYN could be an attractive takeover target. "Brocade has momentum but is scary -- which is exciting," Cramer said about his second-favorite pick, which recently bought out its competitor and is in a position to raise prices. Cramer's favorite "horse" is Qwest which is around $9, but should be the first to reach the finish line at $12, because of its big federal contract.
Blue Stocking Stocks: Walgreen (NYSE: WAG - News), Grainger (NYSE: GWW - News) and Automatic Data Processing (NYSE: ADP - News)
Cramer discussed his favorite "aristocrat" stocks which pay solid dividends and provide protection when the economy is rough. He considered three "aristocrats," and eliminated WAG because it might have to stop raising its dividend to buy Express Scripts. While he expects GWW to boost its dividend, Cramer thinks the stock is too cyclical. Cramer's favorite artistocrat stock is ADP; "If there is such a thing as a blue chip, ADP is it." First, by spinning off its unprofitable brokerage service business, ADP may see 12-13% revenue growth. Secondly, Cramer likes ADP's "gigunda" $750 million buyback, and comments that ADP doesn't just have the history of raising its dividend, it has the money to continue dividend increases.
Mad Mail: Lundin Mining (AMEX: LMC - News), Dean Foods (NYSE: DF - News), Incyte Corporation (NasdaqGM: INCY)
Cramer told a viewer not to get discouraged with LMC because it is buying up mines. He would pick up more LMC on any pullback. He commented DF is "going back to where it was before it paid the dividend" of $15, and says the company is well-managed and pro-shareholder. When asked to defend his recommendation of INCY, which has no phase III drugs, over a company like Osiris Therapeutics with products in the pipeline, Cramer responded the best strategy for dealing with biotech is to avoid companies in the headlines and to find a biotech like INCY which has " its whole future ahead of it."
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Labels: ADP, DF, DYN, GWW, Hot Stocks, Jim Cramer, LMC, Mad Money, Q, WAG

Lundin (AMEX: LMC - News) and Rio (NYSE: RIO - News): Cramer would buy nickle miners LMC and RIO because, according to the Baltic Dry Index, there is no economic slowdown. He expects international growth, especially in China, to be beneficial for nickel as well as copper and zinc. Cramer notes that LMC is putting together an "unbelievable group of properties that will dominate minerals in Europe" and says he doesn' t understand why LMC hasn't been bought. Cramer thinks it has been hovering around $10 to $12 for too long and is "busting out."
Washington Mutual (NYSE: WM - News): Cramer suggests staying away from tech which he feels is as troubled as housing. Although he feels WM has sloppy lending practices, Cramer likes it a bit better than its rivals because of its large deposit base. He likes its 5.5 % yield but does not like the way subprime has been creeping up. Although he feels WM has been overdone to the downside, he cautions investors to watch out for charges for bad mortgages.
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Labels: Jim Cramer, LMC, RIO, Stop Trading, WM

Transocean (NYSE: RIG - News): ' I am going to reiterate that the driller of the year is RIG. This is it! This is the cheap one, and last week, at the A.G. Edwards' conference, they indicated they favor consolidation... That's how you picked up a quick $5, and we are not done yet.'Washington Mutual (NYSE: WM - News): 'This is a very tough call because, in the end, WM has bigger risk, and bigger reward... 'Bank of America (NYSE: BAC - News): 'BAC is a well-run bank with a good dividend ... best-in-breed is BAC.'Thermo Fisher Scientific (NYSE: TMO - News): 'TMO is the arms merchant to biotech. I have liked the stock. When they're in there giving each other the business, and they need equipment, they buy TMO, and therefore I am in favor of it.'Western Union (NYSE: WU - News): 'This company is now on all cylinders. The Mexican business is great.'Freeport-McMoRan (NYSE: FCX - News)Best Buy (NYSE: BBY - News): 'I know this stock has been a dog. I mean it's just been awful. I also know that I have liked it throughout this period... I believe that you have to hold onto it, but the payoff may not be immediate. ... Stay long.'Lundin Mining (AMEX: LMC - News): 'LMC is better than your stock. I would rather see you in that stock at $11, $1.50 below its high, I would buy LMC! That's the copper and zinc play and I say back up the truck LMC, after the copper breakout...'BigBand Networks (NasdaqGM: BBND): 'BBND is one of my favorite new IPOs! I say hold onto it. This is one of the best performers already, and I think it's only going to get better!'Cisco (NasdaqGS: CSCO): 'Many people have taken shots at it ... They are all wrong! It's the best networker in the game. I think it has a big upside surprise and, not only do I want to stay with CSCO, I want to pull the trigger right here!'
Bearish calls:
Helix Energy (NYSE: HLX - News): ' I say swap out of HLX, and get into RIG!'Northern Orion Resources (AMEX: NTO - News): 'I think it's interesting ... LMC is better than your stock.'
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Labels: BAC, BBY, CSCO, FCX, HLX, Jim Cramer, Lightning Round, LMC, Mad Money, NTO, TMO, WM, WU

Bullish calls:
Palomar Medical Technologies (NasdaqGS: PMTI): 'I think PMTI should be bought. I want to wait to see what happens.'Joy Global (NasdaqGS: JOYG): 'Mining equipment is - I think - a growth area again, after many years ... I think JOYG is in a nice spot ... I think it's ridiculous that that stock's so low... buy buy buy!'Marvell Technology (NasdaqGS: MRVL): ' ... if you want a turnaround semi - and if you pay more than $18, I'm going to regret it - MRVL is the one that has the least down, and the most up. Swap out of LSI and into MRVLFord (NYSE: F - News): 'I like the management of F. I think they're really good. I don't like the common stock. The common stock's not as good as the convertible. I say swap out of the common, and get into the F convertible. And Mulally's doing a great job there.'Lundin Mining (AMEX: LMC - News): 'I think that LMC is the heir - it is the one that will be bought before any ... I want to back up the truck up at $10 on LMC.'L-1 Identity Solutions (NYSE: ID - News): I think that Bob LaPenta ... I genuinely believe that he is building a powerhouse. I do believe that - if he doesn't get the stock up through acquisitions - he will sell the company. Bob LaPenta is a bankable man, and I am sticking with him.'CarMax (NYSE: KMX - News): 'Let me tell you something. AN and KMX are both fabulous, fabulous stocks, and I want to own both of them ... I do believe that KMX has too far behind AN, and you should pull the trigger right now!'AutoNation (NYSE: AN - News)United Auto Group (NYSE: UAG - News)Asbury Automotive Group (NYSE: ABG - News)Service Corp (NYSE: SCI - News): ' I think that this company - which was in the early 2000s just a mess - has gotten its act back together. It's become, once again, a great growth company.'Level 3 Communications (NasdaqGS: LVLT): 'LVLT is just terrific here. It is going to be the bandwidth company of the future. I think that LVLT will either be acquired .... or go cash flow positive by the end of the year, and blow the numbers away in 2008. LVLT remains my favorite under-$7 stock on Mad Money.'Celgene (NasdaqGS: CELG)Lamson & Sessions (NYSE: LMS - News): 'I send you to LMS. Cheaper and better.'
Bearish calls:
LSI Logic (NYSE: LSI - News): 'No! Questionable. Not one of my favorite semis at all.' But if you want a turnaround semi - and if you pay more than $18, I'm going to regret it - MRVL* is the one that has the least down, and the most up. Swap out of LSI and into MRVLAdvanced Micro Devices (NYSE: AMD - News)Urban Outfitters (NasdaqGS: URBN): 'We've had a major turn in URBN. It has just moved all the way up from $18 to $26, and do you mind if I (ring the register) on that name. I think the run is overdone. I want to sell, sell, sell URBN.'Allos Therapeutics (NasdaqGM: ALTH): 'No. Too hard. Man, we've got CELG down so much. Why you fooling around with that lesser stuff.'Symmetricom (NasdaqGM: SYMM): 'No. Copper wiring. You want copper wiring, I send you to LMS. Cheaper and better.'

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Labels: ABG, AMD, AN, F, ID, Jim Cramer, JOYG, KMX, Lightning Round, LMC, LSI, Mad Money, MRVL, PMTI, SCI, SYMM, UAG, URBN

Bullish calls:
Dell (NASDAQ: DELL - News): 'I have to tell you, you don't sell any of these PC stocks ahead of the Vista launch. You sell them one day after the Vista launch, and then I will do the sell, sell, sell."eBay (NASDAQ: EBAY - News): 'I am a minority of one. I genuinely think that EBAY is a good stock. ...said that they're buying Stub Hub, which I think is a brilliant acquisition. I'm not backing away; I'm backing the truck up for EBAY.'Boeing (NYSE: BA - News): 'People keep wanting to get off the BA horse. They're wrong! Monster quarter coming. AirBus still can't make the planes, for heaven's sake. I want to continue to buy BA, until it gets to $100.'Boston Scientific (NYSE: BSX - News): 'The stock has been soggy now for about 80 cents ... But! That means it's an opportunity. And, yes! BSX - ever since we recommended it a dollar ago - has been on a slow creep up. I think it goes to $20 bucks, and then let's reconfigure.'Google (NASDAQ: GOOG - News): ' This company's going to have a good quarter. Notice that - every time it creeps up on the up days, I want to own this stock under $500. My price target remains in the $600 level. It will get there. Do not lose faith.'Blockbuster (NYSE: BBI - News)Rite Aid (NYSE: RAD - News)Crown Castle (NYSE: CCI - News): 'I'd swap out of C and move into CCI.'Advanced Micro Devices (NYSE: AMD - News): 'I think AMD's cheap ... I think AMD is better than Intel. I want to own AMD, ahead of the Vista launch.'Allegheny Technologies (NYSE: ATI - News): 'Those of you that are still looking for a new name, ATI has pulled back $10. Bring it in, bring it in. Buy, buy, buy!'Cisco (NASDAQ: CSCO - News): ' ... one of my growth stocks of the year.'Lundin Mining (AMEX: LMC - News): ' I recommended this stock because I think it's got good fundamentals, and I think it can get a takeover. I'm not backing away from that. But ... commodities are in free fall right now ... Give it a little room, and then buy, because that thesis isn't going away. It's just right now dormant.'Allergan (NYSE: AGN - News): 'AGN has been going down off of a CIBC report that I think is gravely mistaken, saying that the breast implant business is not going to be good for AGN ... AGN's got Juvaderm ... AGN's got Botox ... I need you to buy AGN.'Hewlett-Packard (NYSE: HPQ - News): 'The only PC stock you can own for the whole year is HPQ. Because Mark Hurd is better than the average bear.'Lowe's (NYSE: LOW - News): 'I much prefer LOW. LOW's is better than Home Depot.'Monsanto (NYSE: MON - News): 'The analysts continue to hate it. I continue to like it. I like all the hybrid new corn that they've got.'
Bearish calls:
Sirenza Microdevices (NASDAQ: SMDI - News): 'SMDI is radio frequency for the SIRI [Sirius Satellite Radio] satellites of the world ... I want to steer clear. I am telling you, sell SMDI and never look back.'Brocade (NYSE: BRC - News): 'I think BRCD's had a nice run and it's time to move on. They did that good merger with MacData... 'Citigroup (NYSE: C - News): ' ... it's still run by a lawyer, and we don't really care for banks that are run by lawyers ... C is not going to hurt you. I just don't think it's a great stock to own. Let's cut back a little.'Anadigics (NASDAQ: ANAD - News): 'No on radio frequency names; it's too competitive and I don't want to be there. Sell, sell, sell!'H&R Block (NYSE: HRB - News): 'No. Sell, sell, sell. Permanent sell. Plus, they've run afoul of Governor Spitzer. No.'Home Depot (NYSE: HD - News): 'No, no. I don't want HD, even though I like it long-term.'RTI Metals (NYSE: RTI - News): 'I would schnitzel out of RTI, and go into ATI.'
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Labels: AGN, AMD, ATI, BA, BBI, BSX, CCI, CSCO, DELL, Ebay, GOOG, HPQ, Jim Cramer, LMC, LOW, Mad Money, MON, RAD

The Cisco (NASDAQ: CSCO - News) of Today ...
On Wednesday, Cramer discussed his favorite value stocks, and on Thursday, he began his show by discussing Cisco as his 3rd favorite growth stock. While Cisco was a "dead end" for a long time, it is turning around, and its big run shouldn't turn off investors, according to Cramer, because it will "keep running" and has found its niche as a "consumer oriented tech stock." The company has a triple play of phone, video and internet, and Cramer added, "The Cisco of today is not the Cisco of yesterday."

Apple (Other OTC: APPL.PK - News) vs. Microsoft (NASDAQ: MSFT - News)
Apple was Cramer's No. 2 growth pick, and although it is up 175% in the past couple of years and 50% since July, the stock is not losing momentum because "the winners keep winning." Cramer praises the company for changing the way people listen to music, and he does not think that MSFT's Zune MP3 will overtake Apple. He has confidence in the company's iTV and new phones, and believes that there will be a "tidal wave" of raised estimates since analysts have not yet worked the phone equation into their ratings of the company. The bears who say the iPod may be played out are wrong, says Cramer, since there are so many ways Apple will win.

The Winner: NYSE Group (NYSE: NYX - News)
"If you're comfortable taking a few risks to make more and more mad money, NYX is for you," Cramer said, naming NYSE his favorite growth stock for 2007. Since the company is geared toward making money and is applying cost-cutting strategies such as replacing workers with efficient machines, it will "keep flying" with solid revenue growth. Cramer notes that NYX has the lowest operating costs of all the exchanges and the company has "low, beatable estimates." While shares are down now because of the arbitrage pressure from its Euronext acquisition, Cramer predicts that NYX will reach $240.

Mad Mail: Coach (NYSE: COH - News), Lundin Mining (AMEX: LMC - News), Cyberonics (NASDAQ: CYBX - News)
Cramer suggested holding on to Coach since it is headed up, but added that those who already own the stock should take some off the table. Concerning LMC, Cramer declared a 'mon back and would load up on Lundin. While Cyberonics was at $21.02 on Thursday, Cramer suggested buying it when it dips below $20.
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Labels: COH, CSCO, CYBX, Jim Cramer, LMC, Mad Money, MSFT, NYX

Yahoo (NASDAQ: YHOO - News), Ingersoll-Rand (NYSE: IR - News), Freeport-McMoRan's (NYSE: FCX - News), Phelps Dodge (NYSE: PD - News), Lundin Mining (AMEX: LMC - News) - Cramer says that, in the 25 years he's been involved in the market, he has only seen one or two other periods when the conditions for investing have been so good, and was impressed that there wasn't a decline after the Democratic sweep. Cramer adds that this is the best earnings season in seven years, and added that even Yahoo and IR rose after reporting "stinker" quarters. Cramer singles out NYX as the "cheapest stock," and he is bullish. He discussed the "tremendous buzz" about FCX's acquisition of PD, which enabled FCX to get copper exposure and PD to get gold exposure. In addition, Lundin Mining is the next copper play, according to Cramer. Allergan (NYSE: AGN - News), Research In Motion (NASDAQ: RIMM - News), Sears Holdings (NASDAQ: SHLD - News) - Although there is a lot of negativity about drug stocks with the Democrats controlling Congress, Cramer thinks that Allergan "may be in the early stages of an incredible run and is finally starting to get the recognition it deserves." The company makes effective silicon breast implants and also has Botox and Juviderm, the "No. 1 method of getting rid of wrinkles." Even though the stock recently jumped $7, Cramer thinks it could rise an additional $12 from $119.55. On another note, Cramer thinks that RIMM is going up and that investors should take advantage of the $1 dip in Sears to pick up at least one share at $172. Oregon Steel (NYSE: OS - News) and Nucor (NYSE: NUE - News) - Cramer thinks that the media owes investors an apology for keeping them out of steel when their reports of a glut "clobbered" the stocks as people sold them off in panic. The reporters failed to mention that the companies were selling at five to six-times earnings. Now it is too late to buy OS which was a "huge stock," Cramer said, and that most steel companies are going to be taken over except for Nucor.
Bulls:
Mastercard (NYSE: MA - News): Cramer says this stock is not finished going up, and he would buy MA "right here, right now."Prudential (NYSE: PRU - News): This stock has a good dividend, says Cramer.AIG (NYSE: AIG - News): Cramer calls this stock "the cheapest in the group" and says it should go higher.IBM (NYSE: IBM - News):The current lack of momentum in this stock is a "mistake," says Cramer who predicts that it will go from $93.45 to $120, but would sell some at $100.
Bears:
Motorola (NYSE: MOT - News): This company missed its quarter twice, and Cramer does not feel comfortable recommending it.Alcoa (NYSE: AA - News):"The most poorly run major American company," Cramer said and suggested selling.Ford (NYSE: F - News): Although Cramer was bullish on Ford at $7, he doesn't like its balance sheet, and in spite of the fact that he had confidence in CEO Alan Mullaly, Cramer predicts that Ford will get "hammered" if it reports another lackluster quarter.

Labels: AGN, AIG, IBM, IR, Jim Cramer, LMC, MA, NUE, OS, PD, PRU, RIMM, SHLD, YHOO