Jim Cramer Blog

Bullish Calls:
Yamana Gold (AUY): 'If you need a gold company, we're going to go with AUY.' Luxottica Group (LUX): 'Oakley shades.They're still talking about it.That means Oakley's still cool.T. Payne likes Oakley.I say two thumbs up, LUX.' Oakley (OO) Sam Adams (SAM) Molson Coors Brewing (TAP): 'I've got to tell you, TAP, at $89 bucks.' Nvidia (NVDA): 'That's what I want you in. NVDA is now best of breed. That's the play.' Wynn Resorts (WYNN): 'I recommended WYNN and the next day...Bear Stearns downgraded it, and you know what?... the stock went up. Cramer 1. Bear 0. And it's still up.' Service Corporation International (SCI):' this is a funeralcompany...this was the hottest, greatest company ever. It had some major financial problems, and it has come back. It's a buy on its own.' Bank of America (BAC)
Bearish calls:
Harmony Gold Mining (HMY): 'Whether it be the Harmony Club in New York City, or the HMY, I'm saying no way... Sell, sell, sell' Anheuser-Busch (BUD): 'BUD is the laggard. I don't want you to own BUD.' Silicon Motion Technology (SIMO) Melco PBL Entertainment (MPEL): 'MPEL is not for me, because of the big overruns. '
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Labels: AUY, BAC, BUD, HMY, Jim Cramer, Lightning Round, LUX, Mad Money, MPEL, NVDA, OO, SAM, SCI, SIMO, TAP, WYNN

Playing it Safe with Procter & Gamble (NYSE: PG - News)
As interest rates go lower, dividends will rise in value, and Cramer recommends PG as a "money in the bank" dividend stock. While at first glance, few would be impressed by a $64 stock with a 2.2% yield, Cramer reminded viewers that PG was at $30 in 2000. Reinvesting PG's dividend is like having "compound interest" said Cramer and he lauds PG for its "mega buyback." He predicts PG will reach $90 and is a good way to "Fed-proof your portfolio."
How Much is that PetSmart in the Window? VCA Antech (NasdaqGS: WOOF - News), PetMed Express (NasdaqGS: PETS - News) and PetSmart (NasdaqGS: PETM - News)
The heated discussion over NFL star quarterback Michael Vick's upcoming trial shows "people won't stand for cruelty to animals," said Cramer who unveiled some of his pet picks and peeves. One pet peeve was WOOF's "piled-up debt," but he liked discount pet pharmacist PETS for its personalized care. However, his best pet pick was PETM, which is up $3 from where he recommended it in January. PETM is known for selling "high-class premium" items and has $245 million cash on hand. PETM will remain the victor as its main rival, Petco, will probably close stores after being taken over by a "debt-ridden" company.
Everybody out of the Poole: Bear Stearns (NYSE: BSC - News), Countrywide Financial (NYSE: CFC - News), Goldman Sachs (NYSE: GS - News)
Cramer defended his vigorous criticism of St. Louis Federal Reserve President William Poole, who said interest rates should be raised, not lowered. Cramer accused Poole of "single-handedly attempting to destroy" the market and said he should put in his resignation. Senator Kent Conrad (D, N.D), chairman of the Budget Committee, was Cramer's guest caller and said Poole's proposal was "reckless and irresponsible" and would cause a calamity. He added difficulties at BSC, CFC and GS speak for themselves. Conrad added Poole' s statements showed a "lack of confidence" in the market, and Cramer concluded the segment with his hope that " people on Wall Street are as considerate as those in the Senate."
Mad Mail: Altria (NYSE: MO - News), Melco PBL Entertainment (NasdaqGM: MPEL - News), Las Vegas Sands (NYSE: LVS - News) and Wynn Resorts (NasdaqGS: WYNN - News)
Cramer says there is "good news coming" at Altria with a rise of 5 points to the 70s but not the 80s, since it is a stock "everybody already owns" and has limited upside. Atlhough he liked the IPO, Cramer says MPEL is now worst of breed and prefers LVS or WYNN.
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Labels: BSC, CFC, GS, Jim Cramer, LVS, Mad Money, MO, MPEL, PETM, PETS, PG, WOOF, WYNN

Morgans Hotel (NasdaqGM: MHGC): Cramer praised CIBC analyst David Katz for sticking to his guns when he put a buy rating on MHGC at 16. Since then, it has risen to 19, and Katz is optimistic that it will go higher.
Melco (NasdaqGM: MPEL) and Las Vegas Sands (NYSE: LVS - News): Although he profited well year over year from LVS in Macau and made "100% for our viewers" with the stock, Cramer regrets having recommended MPEL, which sneaked in a press release late on Friday about its huge overruns, news that did not make the American media; "I don't like that kind of late Friday, only Australian-paper pickup." Concerning subprime lenders, he commented they haven't "been as big a loss to the economy as March Madness."
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Labels: Hot Stocks, Jim Cramer, LVS, MHGC, MPEL, Stop Trading

Bullish calls:
MGM Mirage (NYSE: MGM - News): '... Look, it's the 2nd-largest casino, it's very well-run, we know that the casino business is consolidating... but we're so worried about China now that the stock's had a pullback... You know what? It's had enough of a pullback. MGM works. I want to own the stock.'Blockbuster (NYSE: BBI - News): ' ... we have recommended - and continue to recommend - BBI as the play, because they're moving aggressively into NFLX's turf, and I think they're doing a great job.'Infosys Technologies (NasdaqGS: INFY): The stock has taken a hit here. Indian outsourcing is a powerful concept that is not going away ... I actually want to buy it here right now. It's ridiculously low. It's earnings are great. Let's put some on our sheets.'IAC/InterActive Corp (NasdaqGS: IACI): ' ... absolutely the biggest buyback I know.'Tyco International (NYSE: TYC - News): The company is worth more than $30 bucks! It's been just biding time ... I think the split-up will bring a lot of value. I think there's 25% upside, but you're going to have to wait for the split-up, because nobody's a believer except you and me.'Texas Roadhouse (NasdaqGS: TXRH): 'I like TXRH more [than SNS].'Sonic (NasdaqGS: SONC): 'I'm going to go with SONC.'Great Plains Energy (NYSE: GXP - News): 'It's got a great wholesale competitive business, it's got a 5% yield. It's hit my radar screen as something to buy. I'm going to encourage you to stay in that.'Apple (NasdaqGS: AAPL): ' Your fine in AAPL. It's meandering. It's biding time. It's making its way toward a great base of $83-87.'Google (NasdaqGS: GOOG): ' GOOG was up $16 yesterday. It's come down a little. It's meandering now ... Below $440, I think it's the price to pull the trigger.'Yahoo! (NasdaqGS: YHOO): 'GOOG is now anointed, along with EBAY, along with YHOO - I think both those stocks make a ton of sense.'eBay (NasdaqGS: EBAY)Bank of America (NYSE: BAC - News): 'I think BAC's incredibly well-run; it's got a big buyback. I think they've renounced the kind of acquisitions that have historically killed the stock.'Cognizant Technology (NasdaqGS: CTSH): 'This is another Indian company, although it's based in Teaneck [NJ] ... It has been a fantastic performer, and it will continue to be so.'Dean Foods (NYSE: DF - News): 'I like DF ahead of what I think is just a terrific buyback that they're doing for their company.'
Bearish calls:
Netflix (NasdaqGS: NFLX)Shutterfly (NasdaqGM: SFLY): 'SFLY's an okay dot-com. It does a little social stuff. I would rather see you in IACI.'Steak n Shake (NYSE: SNS - News): 'SNS is a not-great restaurateur ... I'm giving that a distinctive 'don't buy, don't buy.'First Marblehead (NYSE: FMD - News): 'It's had a big run. I would actually right here say let it go back under $40, before I want to buy it. Don't buy, don't buy.'Melco PBL Entertainment (NasdaqGM: MPEL): ' Macau is so close to China - like it is China - that MPEL - which has got the Chinese casino coming - is worrisome ... I'd rather fess up, be wrong than I would stick with something that I'm worried about.'Cal-Maine Foods (NasdaqGM: CALM): ' Uh, egg company. You know what? Just okay.'
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Labels: AAPL, BAC, BBI, CALM, DF, FMD, GOOG, GXP, INFY, Jim Cramer, Lightning Round, Mad Money, MGM, MPEL, SNS, TYC

Bullish calls:
Comcast (NasdaqGS: CMCSA): ' I think that CMCSA is done going down. It's a very good stock to own in a slowdown. Pull the trigger multiple times on CMCSA. There!'Fuel Tech (NasdaqGM: FTEK): 'It's one of the few companies on alternative energy that are actually maknig money. I like that! Pull the trigger FTEK - get back in!'American Tower (NYSE: AMT - News): ' ... the tower business is a good business. It's just a great generator of cash, so I like it.'Intuitive Surgical (NasdaqGS: ISRG): 'I think that ISRG, AKAM and HOLX are the three high-growth stocks that the momentum crowd is going to gravitate to.'Hologic (NasdaqGS: HOLX)Akamai Technologies (NasdaqGS: AKAM)Continental (NYSE: CAL - News): 'We're going with CAL.'World Wrestling Entertainment (NYSE: WWE - News): 'I've liked it. The stock has done absolutely nothing, but you do get that 6% yield while you wait for something to happen, particularly overseas.'GlaxoSmithKline (NYSE: GSK - News): ' one of the few drugs stocks that I actually like. It has a very good generic, over-the-counter business.'
Neutral calls:
Melco PBL Entertainment (NasdaqGM: MPEL): 'You know, I'm hurting with this MPEL ... Now, the problem is the Macau - no one wants to do anything with China, because China's now in trouble... I have been saying back up the truck on this MPEL down here. I don't want to back away from that, but I have to tell you that this stock - if it goes back to $18-19 - we're going to re-evaluate. '
Bearish calls:
Jefferies (NYSE: JEF - News): ' ... when you miss a quarter in this game, and a lot of other brokerage houses didn't, I think you've got to just wait ... Don't buy, don't buy.'Harley-Davidson (NYSE: HOG - News): 'They missed the quarter. They've become the punching bag of the shorts ... I've got so many companies that have so-called made the quarter, I don't need to step down in quality. HOG? Don't buy, don't buy.'Fastenal (NasdaqGS: FAST): ' You've got a stock at a 52-week low that, frankly, I don't like. I'm sorry, but boy are we being tough in this post-416 decline. Again, don't buy.'Taiwan Semiconductor (NYSE: TSM - News): 'This is one of the best... you know, it's a commodity semiconductor. It's been doing incredibly well. It's at a 52-week high. You know I don't really like the semi-conductor index. This stock - I would honestly - even though it yields 3% - let's take some money off the table. I'm not crazy about TSM right here.'ExpressJet (NYSE: XJT - News)
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Labels: AMT, CAL, CMCSA, FAST, GSK, HOG, ISRG, JEF, Jim Cramer, Lightning Round, Mad Money, MPEL, TSM, WWE, XJT

Labels: CHRW, EXPD, FIG, GS, HAL, HCBK, Jim Cramer, KBR, Lightning Round, Mad Money, MPEL, NFI, NTRI, QCOM, RIG, SHLD, SUNW, TMO

Bullish calls:
Qualcomm (NasdaqGS: QCOM): 'QCOM has finally gotten it together. There are tremendous buyers of this stock right here ... Cramer says this thing is finally go into the mid-40s and then let's make a judgment.'Transocean (NYSE: RIG - News): 'Holy cow, this business is on fire. I would actually swap out of BJS and I would go into RIG... It's just much, much cheaper.'Melco PBL Entertainment (NasdaqGM: MPEL): 'Finally we got this thing bouncing. This stock has been actually a living, breathing nightmare ... Opportunity is finally knocking. I would hold onto it.'C.H. Robinson Worldwide (NasdaqGS: CHRW): 'I liked the quarter from CHRW, and I think right now, you should swap out of EXPD and go into CHRW.'Halliburton (NYSE: HAL - News): 'I have been patient. They had the spinoff of KBR and, if they don't use that to buy back in a self tender or very high price a lot of stock, then I will have to eat my hat.'Goldman Sachs (NYSE: GS - News)Sears (NasdaqGS: SHLD) Thermo Fisher Scientific (NYSE: TMO - News): 'We recommended this stock a couple of smackers ago. It has been going up - it pulled back from $50 ... I think you've got to not only stick with it, I think you've got to buy more [back up the truck sound].'Sun Microsystems (NasdaqGS: SUNW): 'I am starting to warm up to that.'
Bearish calls:
BJ Services (NYSE: BJS - News): ' Let me tell you how hard this business has become ... I don't like BJS as much as RIG. I would actually swap out of BJS and I would go into RIG... It's just much, much cheaper.'Hudson City Bancorp (NasdaqGS: HCBK): 'We want to get behind it, because it is the best lender in the Northeast. We can't do it until we see cuts. Don't buy, don't buy. But I am warming up to it.'Expeditors International of Washington (NasdaqGS: EXPD): ' You know, I didn't like that quarter. I liked the quarter from CHRW, and I think right now, you should swap out of EXPD and go into CHRW.'NutriSystem (NasdaqGS: NTRI): 'I didn't like what they did. They did first the lowball a couple of weeks ago...Then today they surprised to the upside on the lowball, taking the stock up 8 points in the after hours. I want to ring the register. I've had enough with NTRI. I'm about the money, and I've had enough of these guys.'Fortress (NYSE: FIG - News)Teva Pharmaceutical (NasdaqGS: TEVA): 'No. I don't like the generics.'Novastar (NYSE: NFI - News): 'No, not a chance. Not a chance my friend. I'm staying away from that group.'
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Labels: BJS, CHRW, EXPD, FIG, GS, HAL, HCBK, Jim Cramer, Lightning Round, Mad Money, MPEL, NFI, NTRI, QCOM, RIG, TMO

Bullish calls:
Rite Aid (NYSE: RAD - News): 'One of the known communists on Wall Street downgraded RAD last week... I reiterate - at $5.80, RAD remains one of my favorite speculations. Take that bears!'China Mobile (NYSE: CHL - News): 'If you want to go to China, and you want to do phone, you've got to do CHL. I would actually recommend you swap out of CHU and go into CHL. Even as CHL is at its 52-week high, I think that's a better buy.'Genentech (NYSE: DNA - News): 'If we want to be in pharma, we're going to be in DNA, or we're going to be in AMGN, and CELG!... 'Amgen (NASDAQ: AMGN - News)Celgene (NASDAQ: CELG - News)Flir Systems (NASDAQ: FLIR - News)Nice Systems (NASDAQ: NICE - News): ' If you want to be in defense, remember, we like FLIR or NICE, because we like homeland security!'Google (NASDAQ: GOOG - News): 'I think that's one of the few techs that I want to own. My friend, Anthony Notto, at Goldman Sachs, recently raised estimates ... I think the stock will get to $600.'Melco PBL Entertainment (NASDAQ: MPEL - News): 'People are starting to doubt me on that call... We're fine. (buzzer rings)... MPEL is not as good as LVS, and not as good as WYNN, but it should be bought here.'SkyWest (NASDAQ: SKYW - News): 'You know that I'm a liker of the airlines, but let's be careful. After the close of the market, AMR announced an offering of 13 million shares. That's going to cause some pressure in the group. SKYW should trade down a dollar on that, and then you could pull the trigger and buy more, but don't overstay your welcome.'Under Armour (NYSE: UA - News): 'Some publication... had this really negative article ... If you don't know Kevin Plank, then you don't know one of the best CEOs in America. I think UA is in a major bull-market mode. I think the shorts planted that story ... I like UA and I want you to stay with it.'
Bearish calls:
China Unicom (NYSE: CHU - News): 'No. No. I'm not a fan of CHU ... I would actually recommend you swap out of CHU and go into CHL.'Flextronics International (NASDAQ: FLEX - News): 'Maybe you're shorting it, because you're not going to make any money being long that. You need to be out of the contract manufacturing ... this is a bearish group!'Nektar Therapeutics (NASDAQ: NKTR - News): ' ... What is that, the 470th restructuring they announced today? Most of their restructuring just involves firing people... Heaven forbid they actually try to improve the company... No, we don't want to be anywhere near NKTR.'Pfizer (NYSE: PFE - News): ' ... another bear.'Force Protection (NASDAQ: FRPT - News): ' ... not for me. 'Imergent (AMEX: IIG - News): ' Electronic services to small businesses... to me, it's the definition of tech (bear sound)... No! This is a stock that is too darn hard. Sell, sell, sell!'
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Labels: AMGN, CELG, CHL, CHU, DNA, FLEX, FLIR, FRPT, GOOG, IIG, Jim Cramer, Mad Money, MPEL, NICE, NKTR, pfe, RAD, SKYW, UA

Bullish calls:
Apple (NASDAQ: AAPL - News): 'Even on a little teeny-weeny pullback, because they're my stocks of the year, they're still worth buying.'Disney (NYSE: DIS - News)McDonald's (NYSE: MCD - News)Omniture (NASDAQ: OMTR - News): 'Yes, Piper Jaffrey had the audacity to take a stock, that I think is the future of the internet, and take it to a sell, sell, sell. I'm doing a buy, buy, buy. You cannot look at the web, and know what people are looking at, without OMTR software.'Melco PBL Entertainment (NASDAQ: MPEL - News): 'People are leaving the table. They think Macau is played out ... but I think that MPEL is cheap. I want to buy it. I would play going into another position.'Sears Holdings (NASDAQ: SHLD - News): 'You're talking about heresy, if you're thinking about selling that one. That's my friend, Eddie Lampert, that is running the store there. And I believe that this stock is marking time after a phenomenal run - 35% year over year ... I do not condone selling the stock. Stay long SHLD.'
Bearish calls:
New York Community Bancorp (NYSE: NYB - News): 'It is a good merger candidate... but you can't speculate on a company for a takeover, if the fundamentals are deteriorating ... it is the kind of company that actually does badly when you hear about this thing called the inverted yield, where the interest rates you get on cash are pretty much the same as for what they lend money out ... you have to be able to weather the possibility of a big decline in earnings at NYB ... it's most certainly a 'don't buy, don't buy.'Sirius Satellite Radio (NASDAQ: SIRI - News): 'I befriended Mel Karmazen [SIRI's CEO], and I am giving myself 30 lashes right now ... because I cost people. That stock went from $4 to $3.70, because he did not make his projections. Without a takeover, Mel Karmazen is not going to make you a lot of money... Stay away, unless he's going to merge, and you will know when he wants to merge. 'Charter Communications (NASDAQ: CHTR - News): 'People are buying CHTR - they believe the first thing that Time Warner will do is buy CHTR. If they buy CHTR, I can tell you, it will be at this (current) price. I reiterate ka-ching, ka-ching, ka-ching (i.e., sell).'Conexant Systems (NASDAQ: CNXT - News): 'I am concerned about CNXT's balance sheet, which is why I aggressively recommended sell, sell, sell, slightly higher - actually 80 cents - from here.'U.S Global Investment (NASDAQ: GROW - News): ' It's delivered a 250% return. ...hogs get slaughtered. Let's take a little off the table, and let the rest ride.'
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Labels: AAPL, CHTR, CNXT, DIS, GROW, Jim Cramer, Lightning Round, Mad Money, MCD, MPEL, NYB, OMTR, SHLD, SIRI

Three Chinese companies -- a casino operator, a solar-power company and a maker of plastic wrap -- led a pack of four new stocks in trading Friday, as the U.S. IPO market enters its final week of activity before a holiday hiatus that will last until mid-January. Three other stocks are expected to begin trading Wednesday.
Melco PBL Entertainment Ltd. closed at $21.55 a share on the Nasdaq Stock Market, up 13 percent from its IPO price of $19 a share. The casino company, based in Hong Kong, sold more stock than expected -- 60.3 million American depository shares, up from 53 million -- at a price above the $16 to $18 range set by underwriters.
As a result of the increased size of the deal, Melco's $1.15 billion offering joins the ranks of a half-dozen U.S.-listed IPOs this year that have raised $1 billion or more, according to Thomson Financial. Excluding overallotment shares, it is the fourth largest in the United States during 2006, behind MasterCard Inc., Spirit Aerosystems Holdings Inc. and Hertz Global Holdings Inc.
Melco is focused on fast-growing Macau, the only area in China where casino gambling is legal; it's a region that lags slightly behind the Las Vegas Strip and is well ahead of Atlantic City in terms of gambling revenue generated in the first nine months of this year.
The majority of the IPO's proceeds will be used to pay down its current debt, but the company could require more debt or equity financing in order to meet its future obligations.
The company is a joint venture between Hong Kong's Melco International Development Ltd. and Australia's Publishing & Broadcasting Ltd. The two partners will continue to hold a majority of the company's shares after the IPO.
Trina Solar Ltd. closed at $20.28 a share on the New York Stock Exchange, up 10 percent from its initial public offering price of $18.50. The company sold 5.3 million American depositary shares at a price above its expected range of $13.50 to $15.50.
The Jiangsu-based company has been making solar modules since 2004, and plans to begin making its own solar cells by mid-2007.
In the first nine months of the year, revenue increased nearly sevenfold to $75.7 million compared with the same period of 2005; income rose at the same pace to $7.8 million, as the average selling price of its products increased.
Another solar-products maker, Solarfun Power Holdings Co., is expected to begin trading Wednesday.
The third Chinese company, Fuwei Films Co., closed at $11.08 a share on the Nasdaq, up 34 percent from its IPO price of $8.28 a share. The company sold 3.75 million shares at the low end of its $8 to $10 price range, which was set by underwriter Maxim Group LLC.
Based in Shandong, Fuwei makes plastic film for use in everything from consumer packaging to video and audio tapes. It began operating in 2003, and in the first nine months of the year, its revenue rose 35 percent to $39.5 million and income rose 13 percent to $5.6 million as it sold more film at higher prices.
The final debut of the day came from Claymont, Del., steel plate maker Claymont Steel Holdings Inc. That stock closed at $18.44 a share on the Nasdaq, up 8 percent from its IPO price of $17.
The company sold more shares than expected -- 8.7 million, up from the 6.25 million it had originally planned -- at the high end of its expected price range.
Claymont operates a non-unionized mill that specializes in customized steel plates, which allows it to charge higher prices than standardized commodity steel mills.
In the first nine months of the year, its sales rose 21 percent to $247.7 million, while net income declined 9 percent to $29.6 million, compared with the same period of 2005.
Claymont warns that it carries a substantial amount of debt -- a total of $243.8 million as of Sept. 30 -- and has a shareholders' deficit of $141.1 million.
Besides its debt level, Claymont warns in its prospectus that price of its primary raw material, scrap metal, has risen sharply since 2003, thanks to foreign demand from places like China.

Labels: HTZ, MA, MPEL, PLTE, SPR, TSL

Endeavor Acquisition Corp. (AMEX:EDA - News) shares gained 15% Tuesday after the blank check company set plans to buy retailer American Apparel in a deal valued at about $260 million.
Escala Group Inc. (NASDAQ:ESCL - News) shares jumped 92% after the New York-based collectibles company said it will restate financial statements for fiscal 2003 through 2005 and the first three quarters of fiscal 2006 following its internal investigation into transactions with the company's majority shareholder, Afinsa Bienes Tangibles S.A. However, Escala said its investigation found "no evidence that the company had attempted either to defraud Afinsa or to collude with Afinsa," and that the transactions with Afinsa were valid.
GenVec Inc. (NASDAQ:GNVC - News) shares soared 37% after the Gaithersburg, Md.-based biopharmaceutical company announced the initial interim efficacy analysis of survival data from its Phase II/III pancreas cancer clinical trial with TNFerade in patients with locally advanced pancreatic cancer. The overall survival data for the first 51 patients enrolled in the study, some followed for as long as 18 months, showed a 42.5% absolute increase in overall survival with the addition of TNFerade to standard of care. At one year, survival was 70.5%, the company said. "The magnitude of the survival benefit demonstrated by TNFerade to date may allow GenVec to implement modifications to the study that, assuming this trend continues, could potentially accelerate its conclusion and allow an earlier review by FDA than previously anticipated," said Mark Thornton, senior vice-president of product development.
Melco PBL Entertainment Ltd. (NASDAQ:MPEL - News) shares rose 13% in its stock market debut.
Micronetics Inc. (NASDAQ:NOIZ - News) shares added 9.3% said its Stealth Microwave Inc. subsidiary has been awarded a $2.5 million order from IP-Wireless for amplifiers on the Universal Mobile Telecommunications System platform. IP-Wireless is planning to use the amplifiers as part of a wireless network to be installed in New York City. The order is to be delivered over a nine-month period starting in the fourth quarter of fiscal 2007, the Micronetics said. Micronetics shares rose 6.5% to $7.41 in Tuesday afternoon trade.
PacificNet Inc. (NASDAQ:PACT - News) shares gained 7.6% after the company said its PacificNet Games Ltd. subsidiary has received orders from two casinos in Macau for multi-player electronic gaming machines. Financial terms were not disclosed. Shares of Beijing-based PacificNet rose 6.8% to $5.19 in Tuesday morning trade.
Syntroleum Corp. (NASDAQ:SYNM - News) shares rocketed up 46% after the Tulsa, Okla.-based company said it has signed a joint development agreement with Kuwait Foreign Petroleum Exploration Co. to join in the development of a 50,000 barrel-per-day gas-to-liquids facility in Papua New Guinea. The facility has been granted priority status and has been designated as a lead project in Papua New Guinea's effort to make use of its gas resources, Syntroleum said.
Tom Online (NASDAQ:TOMO - News) shares soared 12% on news that eBay Inc. (NASDAQ:EBAY - News) has decided to operate an auction Web site in partnership with the Chinese Internet portal.
Trina Solar (NYSE:TSL - News) shares jumped 9.6% in the company's its initial public offering.
Valero GP Holdings LLC (NYSE:VEH - News) shares gained 5.7% after the company late Monday said its secondary public offering of 17.9 million units priced at $21.62 each.
-Marketwatch

Labels: Ebay, EDA, ESCL, GNVC, MPEL, NOIZ, PACT, SYNM, TOMO, TSL, VEH

Hot Stock #1: Omniture (NASDAQ: OMTR - News)
Cramer devoted the program to discussing "hot stocks," and began with Omniture which produces software that allows websites to collect and analyze user-generated data; its clients include Time Warner's AOL, Expedia, and Ford. Omniture was a "sleepy, ignored -- even disliked -- IPO that came out last summer," he said, but later started to run, and Cramer thinks that a disappointing IPO which later picks up steam is a stock people are not likely to abandon. The company is a best of breed in a growing business and is expanding faster than its rivals. However, Cramer warns that since the stock went public in June, analysts have "rolled out buy and buy after buy" on OMTR which has just three holds, and he believes that this situation sets OMTR up for downgrades. Cramer also notes that the share lockup expires on December 26, when holders may start to sell. Those who already own the stock should hold it, according to Cramer, and buyers should wait until after December 26 to take advantage of low prices following a selloff.

Hot Stock #2: Gmarket (NASDAQ: GMKT - News) with Yahoo (NASDAQ: YHOO - News)
Although Cramer has recommended eBay, he suggests investing in a company that has more growth potential, and suggests taking a look at South Korea's answer to eBay, Gmarket, which Cramer says is "viscerally more pleasing than eBay" and whose revenues in Korea have already surpassed those of its larger rival. Not only is Gmarket's revenue up 125% year over year, but it has no debt, and is "massively undervalued" compared to eBay and Amazon, says Cramer. In addition, Yahoo owns 10% of the company and is helping it expand beyond Korea. Gmarket is an IPO and its share lockup expires on Wednesday. Cramer suggests doing some homework and buying shares after Wednesday.
Hot Stock #3: Melco PBL Entertainment (NASDAQ: MPEL - News)
Cramer has talked alot about Macau, a city off the coast of China where gambling has flourished, and many companies including Las Vegas Sands have set up casinos there. Since the gambling industry is still in "the early innings of the Macau story," Cramer believes that it is worth looking at MPEL, the first pure play on Macau. Cramer recommends buying the IPO which may open between $16 and $18, but would be cautious after $25, and suggests selling at $40.

Mad Mail: Baker Hughes (NYSE: BHI - News) and Halliburton (NYSE: HAL - News), Best Buy (NYSE: BBY - News) and Costco (NASDAQ: COST - News)
Cramer told a viewer that he likes both BHI and HAL, but noted that HAL is less expensive. He said that BBY it "too cheap" and would stay with it, although it has been hurt somewhat by competition from COST which is also doing well.

Labels: BBY, BHI, GMKT, HAL, Jim Cramer, Mad Money, MPEL, OMTR, YHOO