Jim Cramer Blog

Cramer opened saying the Fed "knows something" and retired his "they know nothing button," in response to the Fed lowering interest rates by 0.5%. They also decreased the discount rate by 50 basis points to 5.25%. Cramer also believes there are "three more rate cuts" to come in the future, which will lead the market to recovery. Look for stocks that yield more than treasuries. In terms of stocks, Cramer said, "almost everything works now," and you should consider buying the following stocks:
Wachovia (WB) "should go higher."
Google (GOOG), Cramer believes is going to break out.
Foster Wheeler (FWLT), Deere (DE), Caterpillar (CAT- which Cramer owns for his charitable trust Action Alerts PLUS) should work now as well.
ExxonMobil (XOM) and ConocoPhillips (COP)—should both work for oil.
Bullish Icahn: one of his favorite activist investors is "proven winner" Carl Icahn. Cramer says Icahn's been "extremely bullish" on one big software company: BEA Systems (BEAS). Icahn wants BEAS to sell because they haven't been able to prosper as a stand-alone company. Bottom line: Cramer likes fundamentals of BEAS, takeover is potential, and is a company with "limited downside."
Prescription Plan: Cramer discussed a bill that passed in Congress that will require doctors to use either tamper resistant paper or electronic records. He thinks will benefit Quality Systems (QSII) and All Scripts (MDRX).
Genesis Lease (GLS), CEO John McMahon on the show and Cramer asked him why his company is not doing well, despite the fact that its’ 8.2% yield. McMahon said, “mispricing of the stock.” Cramer recommends buying GLS.

Labels: BEAS, CAT, COP, FWLT, GLS, GOOG, Jim Cramer, Mad Money, Mad Money Lightning Round, MDRX, QSII, WB, XOM

Bullish calls:
Caterpillar (NYSE: CAT - News): 'I wish I hadn't talked about it, so I could have bought more... I urge you to buy that. I see an upside surprise.'Level 3 Communications (NasdaqGS: LVLT - News): 'We caught it at $3. It went to $6. It's pulled back. I don't know when the (bandwidth) shortage is going to flash, 'Shortage! Shortage! Shortage!,' but when it does, you can't wait and then buy it! You have to keep it now.'Allscripts Healthcare Solutions (NasdaqGS: MDRX - News): 'Hey, anything that does healthcare cost containment like Medco Health is just fantastic in this market. It's a triple buy!'Cheesecake Factory (NasdaqGS: CAKE - News): ' ... they have to put up more stores. I think it's a decent buy right here. It's come down a lot. Let's pull the trigger on some CAKE... even though the bears would say that no one is ever going to have cheesecake, because they can't afford it anymore...'Johnson Controls (NYSE: JCI - News): ' ... the lead just killed them! I think the lead price is coming down... I think JCI is going back up. I like the stock. This is a classic example of what you should be buying right now...'Amylin Pharmaceuticals (NasdaqGS: AMLN - News): 'I think biotech is precisely right going into the fall. AMLN is good ... new position. I have not liked that stock... 'Amgen (NasdaqGS: AMGN - News): 'Amgen is good...'Ladish (NasdaqGM: LDSH - News): 'I think that LDSH is a great buy, but the one thing I'd caution... How many stocks can say this?... 52-week high... but again, jet engines. That's a keeper.'Woodward Governor (NasdaqGS: WGOV - News)Sun Microsystems (NasdaqGS: SUNW - News): 'Unbelievable quarter ... This is a company I have hated for a decade! I got bullish on it about a quarter ago ... Don't run from SUNW. Run to it! Buy, buy, buy!'Ryerson (NYSE: RYI - News)Reliance Steel (NYSE: RS - News): ' ... as good as RYI is, Reliance Steel is even better!'Google (NasdaqGS: GOOG - News): ' GOOG's done going down. The bears are going to be trapped ... I think GOOG's going back to its high ... No one thinks that except for me... Buy, buy, buy!'Continental Resources (NYSE: CLR - News): 'I think you can stick with CLR.'XTO Energy (NYSE: XTO - News): 'I am sticking with, and buying for my charitable trust, XTO Energy, which is now the cheapest oil and gas company in the world!'
Bearish calls:
Whirlpool (NYSE: WHR - News): 'That was a bad quarter ... It wasn't saved by Brazil. I've got to give you a don't buy.'
Published By SeekingAlpha

Labels: AMGN, AMLN, CAKE, CAT, CLR, GOOG, JCI, Jim Cramer, LDSH, Lightning Round, LVLT, Mad Money, MDRX, RS, RYI, SUNW, WGOV, WHR, XTO

Symbol
Name
Last Trade
Change
Volume
Related Info
DNDN
DENDREON CORP
6.80 3:35PM ET
10.94 (61.67%)
115,852,589

IDMI
IDM PHARMA INC
2.68 3:35PM ET
1.32 (33.00%)
2,199,585
EMAG
EMAGEON INC.
8.12 3:35PM ET
3.25 (28.58%)
5,012,756

FVE
FIVE STAR QUAL CARE
8.63 3:30PM ET
1.87 (17.81%)
2,809,600

FVRL
FAVRILLE, INC.
3.48 3:35PM ET
0.73 (17.34%)
267,366
CRIS
CURIS INC
1.55 3:34PM ET
0.30 (16.22%)
1,270,924
TRGL
TOREADOR RESOURCES
13.10 3:34PM ET
2.37 (15.32%)
2,061,774

MATH
MATHSTAR, INC.
1.41 3:34PM ET
0.23 (14.02%)
294,523

HOKU
HOKU SCIENTIFIC, INC
4.36 3:35PM ET
0.68 (13.49%)
905,037

SOMX
SOMAXON PHARMACEUTIC
15.94 3:35PM ET
2.06 (11.44%)
1,935,863

AGEN
ANTIGENICS INC
2.50 3:35PM ET
0.37 (12.89%)
823,689

EXPEW
EXPEDIA INC WARRANT
1.25 2:09PM ET
0.18 (12.59%)
492

BASI
BIOANALYTICAL SYST
6.70 3:15PM ET
0.96 (12.53%)
8,300

MDRX
ALLSCRIPTS HEALTHC
23.92 3:35PM ET
3.14 (11.60%)
8,061,714

SWS
SWS GROUP INC
23.12 3:30PM ET
3.11 (11.86%)
1,559,466
GTOP
GENITOPE CORPORATION
3.34 3:35PM ET
0.42 (11.17%)
1,282,255
HHJ
HEALTHSHARES EMERGIN
23.27 3:24PM ET
2.79 (10.71%)
64,400

MITI
MICROMET INC
2.48 3:29PM ET
0.26 (9.49%)
82,669

ADLS
ADVANCED LIFE SCIENC
3.15 3:29PM ET
0.35 (10.00%)
349,848

Labels: ADLS, AGEN, BASI, CRIS, DNDN, EMAG, EXPEW, FVE, FVRL, GTOP, HHJ, HOKU, IDMI, MATH, MDRX, MITI, SOMX, SWS, TRGL

Bullish:
Supervalu (NYSE: SVU - News):' ... is doing really well.'Safeway (NYSE: SWY - News): ' ... my personal favorite, which is SWY, because they've got the Blackhawk card - which is the prepaid card - that I think is taking America by storm!'ValueClick (NasdaqGS: VCLK): 'VCLK is worth $35, if Doubleclick is worth $2 billion... It's at $26 right now. So, I would tell you that VCLK has just hit the ball out of the park repeatedly ... It grows at 20%. It sells at 30x earnings. Let's pull the trigger on VCLK, just based on the Doubleclick perspective deal.'American Capital Strategies (NasdaqGS: ACAS): ' ... it does specialty finance, and it's very hard to figure out where they're invested in... It's a little bit of a black box, but they have done a very good job over time ... I am no longer critical ... 8% yield... (buzzer sounds)... ACAS is a good deal.'Allscripts Healthcare Solutions (NasdaqGS: MDRX): 'We have liked this stock for a long time. Anything that makes the medical system more friendly, more inexpensive... is a win ... I am reiterating buy right here.'United Technologies (NYSE: UTX - News): 'I like UTX very much. I think that George Dane is a great CEO. I want to pull the trigger.'Goodyear Tire (NYSE: GT - News): ' ... is fabulous here at $31. They did the pension thing ... I want to keep buying that stock.'NYSE (NYSE: NYX - News): 'Wow! The deal closes April 4th. It's at $93.'
Bearish calls:
Ahold (NYSE: AHO - News): ' 52-week high. This is a worst-of-breed company that's trying to come back from a series of tragic errors....I would take my profits here.'Blockbuster (NYSE: BBI - News): 'Look, Antioco (former CEO) is the guy who brought me to the stock... I have been suspicious. I have been skeptical... But he left! ... And I'm a seller of BBI! Sell, sell, sell!'Acadia Pharmaceuticals (NasdaqGM: ACAD): ' ... it is making a gigantic, gigantic comeback, because of the schizophrenia drug. That's a very hard illness to deal with, very hard to cure. That's why I am saying take the gain! Sell, sell, sell.'
Published By SeekingAlpha

Labels: ACAD, AHO, BBI, GT, Jim Cramer, Lightning Round, Mad Money, MDRX, NYX, SVU, SWY, UTX, VCLK

Bullish calls:
Goldman Sachs (NYSE: GS - News): 'I am going to send you to the lowest multiple stock in the group, which also happens to be the best. I am going to send you, once again, to GS.'Adobe Systems (NASDAQ: ADBE - News): 'I recommended ADBE right here at $40. It's been stalled. That's ADBE's fault, not mine. The stock is about to ramp. It's one of the few tech stocks that is still below where it reported its quarter. I'm giving it two thumbs up, way up.'DivX (NASDAQ: DIVX - News): 'Yesterday, it hit $21. Is that right? Frankly, it's not going to be the gold standard. I think this... If it goes back to $21, (pull the trigger to buy it...), but only if it goes back to $21.'Stryker (NYSE: SYK - News): 'This whole group is en fuego ... SYK is ... the sweet spot for this particular market, because they are going to be able to keep raising prices... This is the baby boomers play for bones.'Coldwater Creek (NASDAQ: CWTR - News): 'Stuck at $24 until we see the quarter. I like that. It feels coiled spring to me.'
Bearish calls:
TD Ameritrade (NASDAQ: AMTD - News): 'It does seem like a coiled spring, doesn't it? ... even though I like AMTD - ... I am going to send you to GS.'Yahoo! (NASDAQ: YHOO - News): 'You know what? There's no buyout. As a matter of fact, I would sell it before Sue Decker opens her mouth and pre-announces to the downside once again.'Valero Energy (NYSE: VLO - News): 'My take: The stock could go as low as $47. Only then would I sanction (sound effect: pulling the trigger - a buy). 'Rentech (AMEX: RTK - News): 'When the Saudis, and the rest of the OPEC-kers decided to get together, and keep oil all the way down, under $60, what happened is the (buzzer sounds) - RTK is an alternative energy play ... If oil goes to $50, RTK goes to $2.'Allscripts Healthcare Solutions (NASDAQ: MDRX - News): 'We liked the stock at $14. At $27, it's all Johnny come lately. I say no can do. Let's make some sales.'Alcatel Lucent (NYSE: ALU - News): 'I'm pre-disposed to be a bear, because the management there - Patricia Russo from Lucent - really hurt me. But, you know what? I am hearing the quarter's good. I am hearing that the business is coming back, so I'm giving it a tepid one thumb up, taking it out of the sell, sell, sell category and landing it into the don't buy, don't buy.'
Published By SeekingAlpha

Labels: ADBE, ALU, AMTD, CWTR, DIVX, GS, Jim Cramer, Lightning Round, Mad Money, MDRX, RTK, SYK, VLO, YHOO