Jim Cramer Blog

Bullish calls:
Consolidated Edison (NYSE: ED - News): 'If you're going to go that route, I'd rather see you do ED.'WellPoint (NYSE: WLP - News)Celgene (NasdaqGS: CELG)Gilead Sciences (NasdaqGS: GILD)Genzyme (NasdaqGS: GENZ)Abbott Labs (NYSE: ABT - News): 'ABT has accelerated growth... because they got the best part of the Guidant deal... because they've got a couple of drugs that I think are still expanding... 'Marshall & Ilsley (NYSE: MI - News): 'I like what they did yesterday, very much... It split off its processing business ... MI is committed to be able to bring out value, even at a time when a lot of regional banks are not to be owned. I salute that management for being probably the only company in that whole industry that I think recognizes that you've got to do more than just play the yield curve, because they haven't done well. That's a good stock.'Dendreon (NasdaqGM: DNDN): 'I think DNDN has now had a major move ... I don't think it's done ... That is a very speculative stock though. It is not for those who want to buy it as a drug company ... Which is why I have not gone out with it on my show.'Starwood Hotels (NYSE: HOT - News): 'Steve Hayer must be a guy that nobody could work with, because, boy, he is an unbelievable turnaround guy... They just left him in the dust. The rumor is that they're going to be for sale. The stock could go to $90 if it's for sale ... I want to own HOT... I think that's a great selection.'
Bearish calls:
DTE Energy (NYSE: DTE - News): 'You're too conservative ... I want more growth than that stock can give you.'Eli Lilly (NYSE: LLY - News): 'This is a tough, tough, tough call, because LLY is very well-run, and it's done unbelievable work in the mental health business. The problem with LLY - and this is a problem I see with much of big pharma - it does not have the growth that I want ... I salute the management, but I don't want to buy the company.'MedImmune (NasdaqGS: MEDI): 'I think they're misguided. I do believe that this company should be sold to other people who can do a better job. They have great drugs. They have not succeeded in marketing them.'
Published by SeekingAlpha

Labels: ABT, DTE, ED, HOT, Jim Cramer, Lightning Round, LLY, Mad Money, MEDI, MI, WLP

Marshall & Ilsley Corp. is close to spinning off data processing firm Metavante in a potential $4 billion deal, the Wall Street Journal reported Tuesday.
The deal would involve New York private equity firm Warburg Pincus taking a minority stake in the Brown Deer-based firm, the Wall Street Journal said, quoting unnamed sources.
Shares of M&I (NYSE: MI - News) jumped $4.90, or nearly 11 percent, to $50.76 in midday trading Tuesday.

Labels: MI

Shares in Capital One Financial Corp. (COF) were up slightly after the credit card issuer and retail bank said late Thursday that it expects to see a 10% profit jump in the coming year in its core credit card business. Investors eyed the fact the stock is trading at a discount to its peers, and largely shook off the company's noticeable miss on its quarterly earnings.
COF reported fourth quarter earnings of $1.14 per share, $0.10 worse than consensus. The company also issued downside guidance for the full year of 2007, with earnings per share at $7.40 to $7.80 versus consensus of $8.10. Full year results included a negative impact from the acquisition of North Fork Bancorporation, which was completed on Dec. 1, 2006.
COF's news comes on the heels of strong quarterly reports from the banking sector. This week, Marshall & Ilsley (MI) said its profit had risen 16% to $205 mln in the fourth quarter. JP Morgan Chase & Co. (JPM) said its fourth quarter revenues rose 19.1% year over year to $16.05 bln versus $16.12 bln consensus.
In COF's case, provision expense and marketing spending were less than expected. Notably, net interest margin compressed. The company's 2007 earnings estimates included expectations for cyclical pressures in the mortgage industry, a return to more normal charge-off levels in its US unsecured national lending businesses, and the repurchase of $2.25 bln of the company's shares beginning in the second quarter of 2007.
The financial sector overall continues to perform well in terms of price appreciation in anticipation of an improved net margin environment as the Fed begins its rate cutting schedule. We currently have an Overweight rating on the sector, noting that sector resilience has been a by-product of the strength seen in the investment banking and brokerage groups, as well as diversified banks.
--Christine Marie Nielsen, Briefing.com

Labels: Capital One Financial Corp., COF, JPM, MI

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.
Danaher (NYSE:DHR - News). DHR'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.
Ford (NYSE:F - News). F's PowerRating is 7.
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.
Euronet Worldwide (NASDAQ:EEFT - News). EEFT's PowerRating is 6.
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.
MBIA (NYSE:MBI - News). MBI's PowerRating is 5.
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.
Peabody Energy (NYSE:BTU - News). BTU's PowerRating is 2.
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.
Gold Kist (NASDAQ:GKIS - News). GKIS's PowerRating is 1.
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.
Marshall & Ilsley (NYSE:MI - News). MI's PowerRating is 5.
PowerRatings are courtesy of PowerRatings.net

Labels: BTU, DHR, EEFT, F, GKIS, Hot Stocks, MBI, MI

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.
Danaher (NYSE:DHR - News). DHR'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.
Ford (NYSE:F - News). F's PowerRating is 7.
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.
Euronet Worldwide (NASDAQ:EEFT - News). EEFT's PowerRating is 6.
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.
MBIA (NYSE:MBI - News). MBI's PowerRating is 5.
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.
Peabody Energy (NYSE:BTU - News). BTU's PowerRating is 2.
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.
Gold Kist (NASDAQ:GKIS - News). GKIS's PowerRating is 1.
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.
Marshall & Ilsley (NYSE:MI - News). MI's PowerRating is 5.

Labels: BTU, DHR, EEFT, F, GKIS, Hot Stocks, MBI, MI