Jim Cramer Blog

Cramer Cries Foul:
United Technologies (UTX), Microsoft (MSFT), Honeywell (HON), IBM (IBM), Fluor (FLR), Union Pacific (UNP), CSX (CSX)
Cramer declared he was sick and tired of taking abuse from people who say I've gotten it wrong, specifically Robert Samuelson who wrote in a recent Newsweek article that Cramer advocates rate cuts only to create a short-term lift for stocks. Cramer argued he has been advocating rate cuts for a year, and band-aid stimulus packages that give away taxpayer monies that we don't have are not the solution. Instead, he advocates a rate reduction of 1.75% and said the Fed was unsophisticated, arrogant and incredibly reckless. Cramer said in the current environment, he would consider buying UTX, MSFT, HON, IBM, FLR, UNP, CSX.
Excuses, Excuses: Motorola (MOT), Nokia (NOK)
Sometimes a loser company's excuses can bring down good companies. Cramer cited MOT, which reported abysmal numbers last week, admitted mobile sales were down 38% and blamed the economy. As a result, there was a huge selloff of MOT and NOK, even though NOK reported a 44% increase in sales, bigger market share and strength in foreign markets. Nokia should not be punished for Motorla's sins, particularly since MOT makes products no one wants to buy and lacks vision.
CEO Interview: Emanuel Chirico of Phillips-Van Heusen (PVH) also with stocks Liz Claiborne (LIZ), VF Corp (VFC), Jones Apparel (JNY)
Cramer says retail is the place to be if there will be another rate cut and mentions he likes LIZ, VFC and JNY in addition to PVH. Emanuel Chirico said although his company was one of the first in the sector to issue warnings about a sluggish consumer, PVH recently beat its estimates by two cents a share. While inventories are up slightly, Chirico highlighted PVH's successful buyback program and its renaming Continental Airlines Area to Izod Arena, which will be a strong marketing tool. While Cramer likes all the retail names he mentioned, he adds PVH is the cheapest in the group.
Published By SeekingAlpha

Labels: CSX, FLR, HON, IBM, Jim Cramer, JNY, LIZ, Mad Money, MOT, MSFT, NOK, PVH, UNP, UTX, VFC

Cramer regards news of Nokia's concern about falling cell phone prices as a "classic buying opportunity," since "people want to have what looks good. Whoever has the hottest phone gets good orders, and I can tell you that Nokia has the hot phones." He thinks of Nokia's cell phones as a fashion statement like Apple's iPod and Garmin's products. Since the news was released at the end of the day, analysts have not yet had time to react, and Cramer would wait until analysts comment before buying. Cramer thinks the sum of Motorola's parts is worth more than the whole, and commented he has seen Carl Icahn get involved in similar situations with positive results. "I'm with Icahn. I would just go buy the stock."

Labels: Jim Cramer, MOT, Motorola Inc., NOK, Wall Street Confidential

Stocks were mixed in trading on the final day of a volatile week, with the Dow and S&P each posting gains. Meanwhile, the Nasdaq closed lower on the day as earnings from Dell (Nasdaq: DELL - News) fell short of expectations. The Dow added 60 points to close at 13,372, with the S&P added 11 points to end at 1,481 for the day. The Nasdaq closed down -7 points to close at 2,661 for the week. Light, sweet crude dipped on the day to settle at $88.71 for January delivery. Treasury and gold prices both fell, while the dollar gained against the euro and the yen.
In economic news, Fed Chairman Ben Bernanke fueled speculation of a December rate cut during a speech last night when he said the central bank will have to be "exceptionally alert and flexible" as consumers are likely to face headwinds in the coming months due to the credit environment, housing market, and high energy costs. Adding to rate-cut predictions is a report from the Commerce Department that showed individual income and spending slowed in October. According to the report, income earned by individuals rose 0.2%, which was below the 0.4% economists had predicted. Spending by consumers was also weaker than expected gaining just 0.2% in October, compared to the 0.3% rise economists had forecasted.
On the earnings front, shares of Tiffany (NYSE: TIF - News) were off -4.8% in trading despite reporting third-quarter earnings that more than tripled. For the quarter, the company posted net income of $98.9 million, or 71 cents per share, up from $29.1 million, or 21 cents per share, a year earlier. Excluding a gain of 48 cents a share resulting from the sale-leaseback of its Tokyo store, the company would have earned 23 cents per share. Sales for the quarter jumped to $627.3 million, up 18% from $531.8 million, in 2006. Analysts, on average, were looking for a profit of 25 cents per share on revenue of $616.2 million.
After yesterday's close, J. Crew (NYSE: JCG - News) posted third-quarter profits that beat Wall Street expectations. The apparel maker recorded net income of $26.8 million, or 42 cents per share, up from $26.0 million, or 40 cents per share, last year. Revenue for the quarter climbed to $332.7 million, up 21% from $275.6 million, a year ago. Analysts had expected earnings of 36 cents per share on $312.3 million in revenue. Shares of J. Crew soared in trading and were up 19.2% at the bell.
After the bell yesterday, Dell reported third-quarter earnings of $766 million, or 34 cents per share, up 27% from $601 million, or 27 cents per share, last year. Excluding a series of one-time charges and gains, Dell would have reported a profit of 35 cents per share. Revenue in the quarter rose 9% to $15.64 billion. On average, analysts were looking for Dell to post profits of 35 cents per share on $15.34 billion in revenue. Shares of Dell tumbled -12.8% on the day, as the company also warned that future earnings may be affected by market shifts, although no specific guidance was given.
In other corporate news, Morgan Stanley (NYSE: MS - News) announced Thursday that its co-presidents Zoe Cruz and Robert Scully will be stepping down. The move is the latest in a series of restructuring announcements following mortgage-related losses that have plagued the financial sector. According to the announcement, Cruz, who was once considered a potential CEO candidate, will be retiring, and Scully will move to a newly created position. Shares of Morgan Stanley were up 0.7% at the bell.
Elsewhere, shares of Motorola (NYSE: MOT - News) traded 2.0% higher today after the company announced that its CEO, Ed Zander, will be stepping down at the end of the year. Taking his place will be the company's current president and COO, Greg Brown.
By the BullMarket.com Staff

Labels: DELL, Dell Inc., Morgan Stanley, MOT, Motorola Inc., Robert Scully, Zoe Cruz

NCR (NCR) and Eastman Kodak (EK) are two stocks with a great deal of potential upside and a cushion to the downside. NCR, is a leading manufacturer and designer of ATMs and scanners. Because of its recent anonymity, NCR is a great play on the rise of the middle class in the former U.S.S.R. and the Third World. Cramer says NCR has a huge buyback coming. NCR is sporting 17% growth in ATM sales, with Europe having only 500 ATMs per million people and even fewer in China. A sleeper stock that deserves more attention. Eastman Kodak might not seem like a good buy being a couple points above a 52-week low. Cramer has been betting against Kodak since he started his hedge fund, but he believes the company is about to turn around. After years of losses, its balance sheet is healthy now, sporting $6 of net cash per share. With $82 million in digital income, Kodak is ready to come back alive.CEO Wall of ShameCramer finally removed Citigroup (C) CEO Chuck Prince from his Wall of Shame. He replaced Prince with Kerry Killinger, CEO of Washington Mutual (WM). WaMu’s Kerry Killinger rocketed past Motorola (MOT) CEO Ed Zander and Alcatel Lucent's (ALU) Pat Russo to the top position. Cramer said Killinger has done such a poor job running Washington Mutual that the Fed will cut rates to bail the bank out. Compared to total loans, Washington Mutual’s allowance for losses is far too low.
Mad Mail
The first writer asked Cramer how he intends to play the environment during NBC Universal’s Green Week? Cramer said all week he will work on individual ideas about how to play green, focusing on companies that make power cheaper but are still profitable. The second mailer questioned Cramer’s Apache call in the mid-$70s. Cramer said that his earlier statement; that the company would not go through $80, turned out to be wrong. He said he wished he’d given the stock more leeway, but he made the wrong call. He apologized for his mistake. The third viewer mentioned that Diana Shipping (DSX)
CEO Simeon Palios, whom Cramer had interviewed on the show last week, may have had trouble articulating his company’s story in proper English. The viewer wondered if Cramer had made any follow-up on the call. Cramer felt Palios indicated that the bull story wasn’t there and that he was negative.

Labels: ALU, C, EK, Jim Cramer, Mad MOney Recap, MOT, NCR, WM

Motorola, Inc. (NYSE: MOT - News) today reported sales of $8.8 billion for the third quarter of 2007. The GAAP earnings from continuing operations for the third quarter of 2007 were $0.02 per share, which includes net charges of $0.04 per share related to charges associated with previously announced workforce reductions and a write-down of intangible assets.
"We are pleased with the improvement in the financial performance of mobile devices and we look forward to building upon the progress we have made," said Ed Zander, chairman and chief executive officer. "We have strengthened our leadership position in broadband video, WiMAX, next generation government and public safety and the enterprise mobility markets. With our focus on these key opportunities and the initiatives we are taking in mobile devices we will further improve our performance and create long-term shareholder value."
"During the third quarter, we maintained our focus on increasing cash flow, enhancing profitability and driving growth," said Tom Meredith, chief financial officer. "We are beginning to see improvements in our cash conversion cycle and operating cash flow which will lead to increased financial flexibility."

Labels: MOT, Motorola Inc.

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Airgas (NYSE:ARG - News) beat earnings expectations on Wednesday, with $0.67 EPS over an expected $0.63 EPS. ARG's PowerRating (for Traders) is 7.
Akamai Tech (NasdaqGS:AKAM - News) beat earnings on Wednesday afternoon, announcing $0.34 EPS over an expected $0.33 EPS. AKAM's PowerRating (for Traders) is 5.
Advanced Medical Optics (NYSE:EYE - News) reports earnings on Thursday morning, with analysts looking for -$0.43 EPS. EYE's PowerRating (for Traders) is 5.
Aetna (NYSE:AET - News) should announce $0.92 EPS before the bell on Thursday morning. AET's PowerRating (for Traders) is 6.
When Bunge (NYSE:BG - News) reports earnings on Thursday before the market opens, look for $1.78 EPS. BG's PowerRating (for Traders) is 5.
Analysts will be watching for Diamond Offshore (NYSE:DO - News) to report $1.49 EPS on Thursday morning. DO's PowerRating (for Traders) is 5.
Motorola (NYSE:MOT - News) announces quarterly results tomorrow morning; watch for $0.04 EPS. MOT's PowerRating (for Traders) is 6.

Labels: AET, AKAM, ARG, BG, DO, Hot Stocks, MOT

CEO Wall of Shame. Cramer still has Citibank (C) CEO Chuck Prince at the top of his Wall of Shame, and thinks that he will be forced out this week after listening to a conference call. The next CEO is Motorola's (MOT) Ed Zander. Lastly, Patrica Russo of Alcatel-Lucent (ALU) rounds out the top three. Although he has their CEO on the Wall of Shame, Cramer thinks that Motorola is a stock to buy because Carl Ichan owns a large position in the stock, plus they announce their quarterly earnings on Friday, and Cramer thinks they might finally bottom out this quarter. Cramer also thinks that the company is worth $24.60 per share if it is broken up, which is 27% higher than the current price.
Cramer then went to the phones. The first caller asked about Kraft (KFT), and Cramer thinks the stock is low risk, high reward. The next caller asked about Research in Motion (RIMM), and Cramer thinks that it is taking a breather for the next couple of days.
CoPart (CPRT) Cramer analyzed a stock he has been waiting to bring up on the show for a while. CPRT has finally moved down enough from its highs that Cramer feels good about recommending it. The company is in the middle of a large stock buyback, and is going to continue to grow.
After the lightning round, Cramer talked about the buyout rumors surrounding Saks (SKS). Cramer doesn't think the stock jumped enough on the news, and he likes the stock anyway. Cramer believes SKS will be bought out around $23 - $24 per share, and it is worth up to $26.30 per share when compared to the buyout price Neiman Marcus got last year.
Mad Mail. The first email asked about Biogen (BIIB), and Cramer thinks that it could be bought out at $100. The next email asked about Hologic (HOLX), and Cramer is still bullish. The next email was about Petro China (PTR), which Cramer thinks is up too much.
Sudden Death. Cramer doesn't like Lloyd's (LYG), and recommended Allstate (ALL), Metlife (MET), or Prudential (PRU) instead. He does like Textainer Group (TGH).

Labels: ALL, ALU, BIIB, CPRT, Jim Cramer, KFT, LYG, Mad Money, Mad MOney Recap, MET, MOT, PRU, PTR, RIMM

Bullish
Morningstar (MORN),
Blackstone (BX),
Fifth Third Bancorp (FITB),
Sonic (SONC),
Cisco (CSCO),
Motorola (MOT),
Nokia (NOK),
EMC (EMC)
Caterpillar (CAT).

Bearish
Netgear (NTGR)
Infosys Technologies (INFY),
Audiovox (VOXX),
VMware (VMW),
Clearwire (CLWR)
Alvarion (ALVR).

Labels: BX, CAT, CSCO, EMC, FITB, Jim Cramer, Lightning Round, Mad Money Lightning Round, MORN, MOT, NOK, SONC

Buy Nokia (NOK), Jim Cramer said Thursday on CNBC's Stop Trading! segment.
Cramer likes the handset maker's buy of map company Navteq (NVT) and says Nokia is worlds ahead of rivals like Motorola (MOT). He said the stock's decline on the Navteq deal is a "buyable pullback."
Cramer also likes Capital One (COF), saying data from hard-hit California markets indicates that credit card defaults aren't likely to go through the roof. Cramer said he believes the stock is "done going down."
Cramer also likes Cisco (CSCO), saying it's better than Ciena (CIEN), which has just run up 10 points. Cramer would sell Ciena and buy Cisco right now.
Cramer says Bank of America (BAC) is cheap and going to $60 from $52, while talk of J.P. Morgan (JPM) CEO Jamie Dimon's excellence is "overblown."
Published By TheStreet.com

Labels: CIEN, COF, CSCO, Jim Cramer, JPM, MOT, NOK, NVT, Stop Trading

Charlie Gasparino joined the "Fast Money" crew to discuss his take on the Bear Stearns (BSC) and rumos that Warren Buffett is part of a group of investors considering a 20% stake in BSC. He believes that Bear Stearns is going to be taken private. Guy Adami suggests that it makes no sense at all for Buffett to acquire Bear. According to Adami, Buffet's expertise is in value plays and Bear isn't a value play. Najarian declares that all brokers are back in play and recommends buying Lehman (LEH). Finerman agrees.
An American Icahn
Carl Icahn: Wants to see BEA Systems (BEAS) sold. Motorola (MOT): Bullish on their risk rewards.
GM On The Road Again
General Motors (GM) ended its two-day strike after making a health care agreement with the United Auto Workers. This changes the tune for General Motors, according to Jeff Macke. He advises buying auto parts suppliers like Lear (LEA), Visteon (VC) and BorgWarner (BWA). Adami suggests looking at Ford (F). Najarian prefers Goodyear Tires (GT).
No Deal
Sallie Mae (SLM) made news on Wednesday as a private-equity group pulled out of a deal to buy it for $25.3 billion. Macke: "stick a fork in it." Najarian disagrees and believes the deals are just being re-shifted down. Finerman isn't surprised the deal fell through. One potential deal that has her interest is Genesco (GCO).
Tech Rally
Technology stock leaders are still shining Google (GOOG), Amazon (AMZN), Hewlett Packard (HP), Cisco (CSCO) and Apple (AAPL) with 52 week highs.
Word on the Street
Bed Bath & Beyond (BBBY): Macke advises selling.
Monsanto (MON): Selling at twice its growth rate.
Newmont Mining (NEM): Dropped 6%.
Pops & Drops
Pops: Deere (DE) traded up 3%. Pier One Imports (PIR) popped 11%. China BAK Battery (CBAK) exploded by 46%. Affiliated Managers Group (AMG) traded up 4%.
Drops: Under Armour (UA) fell 6%. Timberland (TBL) dropped 8%.

Final Trade
Macke: recommends selling Bear Stearns (BSC).
Finerman: is positive that BEA Systems (BEAS) is going higher.
Najarian: top pick is Isis Pharmaceuticals (ISIS).
Adami: prefers NYSE Euronext (NYX)

Labels: AAPL, AMZN, BEAS, BSC, BWA, CNBC, CSCO, F, Fast Money, GCO, GM, GOOG, GT, HP, LEA, LEH, MOT, SLM

Labels: ACTU, BEAS, BIDU, DISCA, FCSX, Jim Cramer, Lightning Round, Mad Money, MOT, NLY, NOK, RSH, WB, WNG

Here are 7 stocks for traders for Friday from TradingMarkets.com:
Oracle (NasdaqGS:ORCL - News) beat earnings expectations on Thursday afternoon, announcing $0.22 EPS over an expected $0.21 EPS. ORCL's PowerRating (for Traders) is 5.
Tektronix (NYSE:TEK - News) also beat earnings with $0.22 EPS over an expected $0.21 EPS. TEK's PowerRating (for Traders) is 5.
Circuit City (NYSE:CC - News) fell 17% on Thursday after missing earnings in the morning. Rivals Best Buy (NYSE:BBY - News) and Radioshack (NYSE:RSH - News) also dropped, in an industry-wide slip. CC's PowerRating (for Traders) is 4, BBY's PowerRating (for Traders) is 4 and RSH's PowerRating (for Traders) is 4.
General Motors (NYSE:GM - News) fell over 1% on reports of continued haggling over a union-run retiree health-care fund with the United Auto Workers. GM's PowerRating (for Traders) is 5.
Motorola (NYSE:MOT - News) gained over 3% on Thursday on analyst reports that rival Samsung is out of stock, giving MOT more room to sell products. MOT's PowerRating (for Traders) is 4.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: BBY, Best Buy Co. Inc., CC, Circuit City Stores Inc., General Motors Corp., GM, MOT, Motorola Inc., Oracle Corp., ORCL, RSH, Stocks to Watch, TEK, Tektronix

Here are 7 trading ideas for today. These lists come directly from the TradingMarkets Stock Indicators page and are based upon our latest quantitative research.
Bullish
Laps Down 5% or More: These are stocks that lap down by 5% or more and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that lap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
ICO Incorporated (NasdaqGM:ICOC - News). ICOC's PowerRating (for Traders) is 5.
5+ Consecutive Down Days: These are stocks that have closed down for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that close down for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Actuate (NasdaqGM:ACTU - News). ACTU's PowerRating (for Traders) is 6.
Bearish
Laps Up 5% or More: These are stocks that lap up by 5% or more and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that lap up by more than 5% have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
CSK Auto (NYSE:CAO - News). CAO's PowerRating (for Traders) is 4.
5+ Consecutive Up Days: These are stocks that have closed up for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Genentech (NYSE:DNA - News). DNA's PowerRating (for Traders) is 3.
5+ Consecutive Higher Highs: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Motorola (NYSE:MOT - News). MOT's PowerRating (for Traders) is 4.
2-Period RSI Above 98: These are stocks that have a 2-day RSI reading above 98 and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average with a 2-period RSI reading above 98 have shown negative returns, on average, 1-day and 1-week later. Historically, these stocks have provided traders with a significant edge.
Abraxis Bioscience (NasdaqGS:ABBI - News). ABBI's PowerRating (for Traders) is 3.
Stocks Up 10% or More: These are stocks that have gained 10% or more over the past five days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that have gained 10% or more over the past five days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
W&T Offshore (NYSE:WTI - News). WTI's PowerRating (for Traders) is 4.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: ABBI, ACTU, CAO, DNA, Hot Stocks, ICOC, MOT, WTI

Here are 7 options to watch for today. This list comes directly from the TradingMarkets Options Indicators page. The list is created using OptionVue options analysis software.
Most Underpriced Calls: These are the most under priced calls of all stocks in our database. While the Equities Explosion List finds groups of calls for individual equities that are under priced, this list finds the most under priced individual calls. Thus, the options listed here will tend to be more severely under priced.
Oil Services HOLDR Oct 185.0 Calls (AMEX:OIH - News). OIH's PowerRating is 6.
Most Underpriced Puts: These are the most under priced puts of all stocks in our database. While the Equities Explosion List finds groups of puts for individual equities that are under priced, this list finds the most under priced individual puts. Thus, the options listed here will tend to be more severely under priced.
SanDisk Sep 52.2 Puts (NasdaqGS:SNDK - News). SNDK's PowerRating is 6.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. While the Equities Implosion List finds groups of calls for individual equities that are overpriced, this list finds the most overpriced individual calls. Thus, the options listed here will tend to be more severely overpriced.
Potash Sep 90.0 Calls (NYSE:POT - News). POT's PowerRating is 7.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. While the Equities Implosion List finds groups of puts for individual equities that are overpriced, this list finds the most overpriced individual puts. Thus, the options listed here will tend to be more severely overpriced.
Google Sep 440.0 Puts (NasdaqGS:GOOG - News). GOOG's PowerRating is 6.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
AK Steel (NYSE:AKS - News). AKS' PowerRating is 7.
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
AmeriCredit Corp. (NYSE:ACF - News). ACF's PowerRating is 5.
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
Motorola (NYSE:MOT - News). MOT's PowerRating is 5.
PowerRatings are courtesy of www.PowerRatings.net

Labels: ACF, AKS, GOOG, MOT, OIH, POT, SNDK, stock options

Here are 7 options to watch for today. This list comes directly from the TradingMarkets Options Indicators page. The list is created using OptionVue options analysis software.
Most Underpriced Calls: These are the most under priced calls of all stocks in our database. While the Equities Explosion List finds groups of calls for individual equities that are under priced, this list finds the most under priced individual calls. Thus, the options listed here will tend to be more severely under priced.
Goldman Sachs Oct 220.0 Calls (NYSE:GS - News). GS' PowerRating is 4.
Most Underpriced Puts: These are the most under priced puts of all stocks in our database. While the Equities Explosion List finds groups of puts for individual equities that are under priced, this list finds the most under priced individual puts. Thus, the options listed here will tend to be more severely under priced.
Ctrip.com International Aug 40 Puts (NasdaqGS:CTRP - News). CTRP's PowerRating is 5.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. While the Equities Implosion List finds groups of calls for individual equities that are overpriced, this list finds the most overpriced individual calls. Thus, the options listed here will tend to be more severely overpriced.
Foster Wheeler Aug 110.0 Calls (NasdaqGS:FWLT - News). FWLT's PowerRating is 6.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. While the Equities Implosion List finds groups of puts for individual equities that are overpriced, this list finds the most overpriced individual puts. Thus, the options listed here will tend to be more severely overpriced.
Bear Stearns Sep 90.0 Puts (NYSE:CFC - News). BSC's PowerRating is 4.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
Cymer Inc. (NasdaqGS:CYMI - News). CYMI's PowerRating is 5.
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
Motorola (NYSE:MOT - News). MOT's PowerRating is 5.
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
Alcoa (NYSE:AA - News). AA's PowerRating is 6.
PowerRatings are courtesy of TradingMarkets.com

Labels: AA, CFC, CTRP, CYMI, FWLT, GS, MOT, stock options

Scanner and imaging display maker Microvision Inc. said Tuesday it signed an agreement with handset maker Motorola Inc. to work on integrating its PicoP ultra-miniature laser-based display projector with handheld devices.
Terms of the deal were not released.
Microvision anticipates that small, laser-based projectors will eventually let mobile device users project content like Web sites, presentations and videos onto surfaces.
The company said its first task with Motorola will be to create a working prototype that join its PicoP projector with a mobile device.

Labels: Microvision Inc., MOT, Motorola Inc., MVIS

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Bank of America (NYSE:BAC - News) reports quarterly earnings on Thursday before the market opens; look for $1.20 EPS. BAC's PowerRating is 4.

Continental Air (NYSE:CAL - News) should report $1.79 EPS on Thursday morning before the bell. CAL's PowerRating is 4.
When Dow Jones (NYSE:DJ - News) releases earnings on Thursday morning, look for $0.45 EPS. DJ's PowerRating is 7.
Analysts are watching for International Game Technology (NYSE:IGT - News) to report $0.39 EPS on Thursday morning. IGT's PowerRating is 5.
Motorola (NYSE:MOT - News) looks set to announce flat earnings ($0.00) tomorrow morning. MOT's PowerRating is 4.
Nucor (NYSE:NUE - News) announces earnings on Thursday morning, with most analysts expecting $1.15 EPS. NUE's PowerRating is 6.
Reliance Steel (NYSE:RS - News) is hoping to report $1.57 EPS on Thursday morning. RS's PowerRating is 6.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: BAC, CAL, DJ, Hot Stocks, IGT, MOT, NUE, RS

Olin (NYSE: OLN - News), PPG (NYSE: PPG - News), Applied Materials (NasdaqGS: AMAT - News), KLA-Tencor (NasdaqGS: KLAC - News), Novellus (NasdaqGS: NVLS - News), Motorola (NYSE: MOT - News): Buyouts in the chemical sector have caused prices to rise, and Cramer says it's time to sell OLN and PPG and buy tech stocks. He likes AMAT "up 3 in the blink of an eye," Tencor, which he sees rising another 5 points and NVLS, which made an "incredible" 11% rise despite its disappointing numbers. Even Motorola is coming back after reporting a terrible quarter. "Just take your wallet and just like throw it at the tech stocks!," Cramer said.

Labels: AMAT, Jim Cramer, Jim Cramer's Stop Trading, KLAC, MOT, NVLS, OLN, PPG

Novellus Systems (NasdaqGS: NVLS - News), Motorola (NYSE: MOT - News), Intel (NasdaqGS: INTC - News), EMC (NYSE: EMC - News), Microsoft (NasdaqGS: MSFT - News)
Cramer would buy Novellus, which guided down its earnings, revenues and orders and still rose 10%. The stock is even up after missing its estimates, which demonstrates the health of the tech sector, according to Cramer. Similarly, Motorola is back up after reporting a disastrous quarter. He predicted Intel will reach $30 and invest