Jim Cramer Blog

The Dow fell -293.00 , the Nasdaq Composite -58.30, and the S&P 500 -32.32.
Here are 7 stocks to watch...
Morgan Stanley (NYSE:MS) reported a 42% decline in first quarter profit, but beat estimates by $0.42. MS' Short Term PowerRating is 3.
Shares of Adobe Systems (NasdaqGS:ADBE) jumped 9% after reporting earnings of $0.48, beating estimates by $0.03. ADBE's Short Term PowerRating is 4.
On its market debut, shares of Visa (NYSE:V) surged 28.4% on the NYSE. Visa's IPO was the largest in U.S. history.
Merrill Lynch (NYSE:MER) filed a lawsuit against XL Capital Assurance in an attempt to force the bond insurer to honor $3.1 billion of guarantees on CDOs. MER's Short Term PowerRating is 5.
After the close, Nike (NYSE:NKE) reported third quarter earnings of $0.92, beating estimates by $0.11. NKE's Short Term PowerRating is 5.
Before the market open, Carnival (NYSE:CCL) is expected to report earnings of $0.29 per share. CCL's Short Term PowerRating is 4.
Also before the open, FedEx (NYSE:FDX) is scheduled to report, with analysts looking for $1.22. FDX's Short Term PowerRating is 4.
Do you think FedEx will close up or down on Friday? Go to TradingMarkets.com to play our Up or Down Daily Stock Contest for the chance to win $1000 every month by predicting the direction of a stock.

Labels: ADBE, CCL, FDX, Hot Stocks, MER, MS, NKE, V

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Nike (NYSE:NKE - News) beat earnings on Wednesday afternoon, reporting $0.71 EPS over an expected $0.66 EPS. NKE's PowerRating (for Traders) is 6.
Paychex (NasdaqGS:PAYX - News) also beat earnings on Wednesday, with $0.40 EPS over $0.39 EPS. PAYX's PowerRating (for Traders) is 5.
Bear Stearns (NYSE:BSC - News) reports quarterly earnings on Thursday morning before the bell, with traders looking for -$1.79 EPS. BCS's PowerRating (for Traders) is 5.
When Carnival (NYSE:CCL - News) announces quarterly results on Thursday before the bell, look for $0.43 EPS. CCL's PowerRating (for Traders) is 4.
FedEx (NYSE:FDX - News) is looking to report $1.50 EPS on Thursday morning. FDX's PowerRating (for Traders) is 4.
Anaylsts will be watching for Rite Aid (NYSE:RAD - News) to report -$0.07 EPS on Thursday morning before the market opens. RAD's PowerRating (for Traders) is 5.
Pier 1 Imports (NYSE:PIR - News) expects to announce -$0.24 EPS tomorrow morning. PIR's PowerRating (for Traders) is 4.

Labels: BSC, CCL, FDX, Hot Stocks, NKE, PAYX, PIR, RAD

Bullish calls:
CVS Caremark (CVS): 'I think it's unbelievably strong ... you should get in right here. ... CVS remains one of my favorite stocks in this environment.'), Hewlett-Packard (HPQ): 'That was a monster-good quarter. That was an All-Aboard quarter. ... That company is smoking. ... It's not done. I wanna own Hewlett-Packard ... and so should you.' Monster Worldwide (MNST): 'I thought that the new management team would turn things around ... Monster, I still think, is being set up to be bought.' St. Jude Medical (STJ): 'If you want to be in that cohort, it's gotta be S-T-J.' Freeport-McMoran (FCX): 'I'm willing to have you in Freeport (FCX - Cramer's Take - Stockpickr - Rating), cause that's copper and gold.' Transocean (RIG): 'This is a great opportunity. ... In the last three days ... Transocean went from $138 to $127 because they did financing.' Schlumberger (SLB) Raytheon (RTN) Wolverine World Wide (WWW) Nike (NKE) Vimpel Communications (VIP) Shaw Group (SGR) Countrywide Financial (CFC): 'It's a very technical situation. ... If the Fed cuts 50 basis points, Countrywide will work.'
Bearish calls:
Sysco (SYY): 'It's OK ... as long as the consumer's out there spending ... going to a lot of restaurants ... the problem is they're not going to restaurants as much. Don'tBuy.' Boston Scientific (BSX): 'Let me be very clear. I have disliked Boston Scientific for more than 10 points.' Titanium Metals (TIE) Taser (TASR): 'In this market, it's too hard for me. ... I do not want to buy Taser here. Don'tBuy.'

Labels: BSX, CFC, CVS, FCX, HPQ, Jim Cramer, Lightning Round, Mad Money, MNST, NKE, RIG, RTN, SGR, SLB, STJ, SYY, TASR, TIE, VIP, WWW

On Friday, Cramer interviewed Mitt Romney, Republican candidate for president in 2008. They talked about his business background, his plans for the country, and his campaign.
"Speculation Friday" Cramer talked about a stock that he has been bearish on since he began the show. The stock is Skechers USA (SKX), which he thinks is poised for a turnaround since it beat earnings this week with strong revenue growth and international growth. If the company can expand its margins as the CEO promised, Cramer thinks this can be a $31 stock.
Cramer then went to the phone lines. The first caller asked about Nike (NKE) and their acquisition of Umbro, which Cramer likes and wishes he hadn't sold. The next caller asked about Heelys (HLYS), and Cramer said to stay away.
Before the Lightning Round Cramer did some housecleaning. First he said that he likes Starent Networks (STAR) again, since the price has dropped down to where he first recommended it. Next he said that Synta Pharmaceutical (SNTA) is risky, but Cramer likes it a speculative play. He also said that he likes Celgene (CELG) better.
Cramer's Game Plan for next week. Since the Fed is meeting next week, Cramer focused his plan on ways to profit from the results of the meeting. He thinks we will get a half point rate cut on Wednesday. His first suggestion is Annaly (NLY) since Cramer thinks they saw the mortgage crisis coming, and were prepared to profit from it. The next stock is FMC Technologies (FTI) since it helps oil companies find more oil, and it reports earnings on Tuesday. The next stock to buy is Transocean (RIG) since it is not affected by the poor US oil drilling market, and its merger with GlobalSantaFe (GSF) will close in about a month.
Cramer said that you should buy half your position in these stocks on Monday, and then buy the rest after the Fed announcement, since there is a chance that the Fed won't cut rates and that the market goes down because of it.
Wynn Resorts (WYNN) and Las Vegas Sands (LVS). Finally, Cramer answered an email that asked about these stocks. Cramer thinks that they are both well run companies.

Labels: CELG, HLYS, Jim Cramer, Mad Money, Mad MOney Recap, NKE, SKX, SNTA, STAR

Here are 7 stock for traders for Monday from TradingMarkets.com:
Analogic (NasdaqGS:ALOG - News) reports earnings on Monday before the open, with traders looking for $0.52 EPS. ALOG's PowerRating (for Traders) is 5.
When Synnex (NYSE:SNX - News) announces quarterly earnings on Monday after the close, watch for $0.46 EPS. SNX's PowerRating (for Traders) is 5.
On Tuesday of next week, Lennar (NYSE:LEN - News) and H.B. Fuller (NYSE:FUL - News) both report earnings, so watch for heightened price action and volatility ahead of Monday's close. LEN's PowerRating (for Traders) is 4, and FUL's PowerRating (for Traders) is 4.
Tektronix (NYSE:TEK - News) fell around 7% on Friday after missing earnings estimates and adjusting Q2 earnings lower. TEK's PowerRating (for Traders) is 5.
Oracle (NasdaqGS:ORCL - News) rose over 4% on Friday after reporting a 25% increase in profits from last year. ORCL's PowerRating (for Traders) is 5.
Despite reporting a 50% increase in profits, Nike (NYSE:NKE - News) fell nearly 2% on Friday. NKE's PowerRating (for Traders) is 5.

Labels: ALOG, FUL, Hot Stocks, LEN, NKE, ORCL, SNX, TEK

Stocks ended the week on a high note, rising on upbeat earnings news. At the close, the Dow Jones ended with a gain of 53 points, while the Nasdaq gained 17. The broader S&P 500 added 7 points on the day. The price of crude eased -16 cents to finish the session at $81.62 a barrel. For the trading week, all the major market indices picked up substantial gains in the face of the Fed's decision to cut both the Fed's funds rate and the discount rate by -50 basis points.
On the banking front, European banking powerhouse HSBC Holdings (NYSE: HBC - News) notified investors that it will be closing its Decision One subprime mortgage unit in the U.S. The company's HSBC Finance arm will take an $880 million charge, as well as incur a $65 million charge for restructuring costs. Elsewhere, billionaire Wilbur Ross offered to buy American Home Mortgage's services unit for $435 million. In order to complete the purchase, he will have to win a court-sanctioned auction for the unit next month.
A couple of notable earnings were released late Thursday, including from software giant Oracle (Nasdaq: ORCL - News), which reported fiscal first-quarter net income of $840 million, or 16 cents a share. Excluding items, EPS would have been 22 cents, a penny ahead of analyst estimates. Revenue for the period totaled $4.53 billion, up 26% from year-ago levels. New license revenue for applications surged 65%, while service revenue rose 25%. Looking ahead, the software company run by founder Larry Ellison is forecasting second-quarter earnings of 26-27 cents a share (excluding items). Shares rose 4.4%, setting a new yearly high.
Sneaker and apparel company Nike (NYSE: NKE - News) said fiscal first-quarter profit hit $569.7 million, or $1.12 a share, up from $377.2 million, or 74 cents a share, in the year-ago period. Excluding a 20-cent a share gain from a tax benefit, earnings would have been 92 cents, 5 cents ahead of analyst predictions. Sales rose 11% to $4.66 billion. Nike cited strong international growth, especially in Europe and Asia, for the strong quarter.
In other corporate news, semiconductor maker Texas Instruments (NYSE: TXN - News) saw its shares rise 2.4% after it announced a further addition of $5 billion to its stock repurchases. The additional amount to its share repurchase programs brings its total to $8.8 billion. In addition, the company also lifted its dividend 25%, which would now equate to 10 cents a share.
Billionaire investor Carl Icahn has upped his stake in software maker BEA Systems (Nasdaq: BEAS - News) to 9.9%. Icahn has been pressuring the company to put itself up for sale for quite some time. This is now the second time he has upped his stake in as many weeks.
Shares of audio company Harman International (NYSE: HAR - News) plunged -20.9% after The Wall Street Journal reported that its private equity buyers are having second thoughts about taking the company private. The firm later confirmed right before the bell that the deal was a no go.
In other tech news, shares of Internet high-flyer Google (Nasdaq: GOOG - News) reached an all-time, rising 1.3% on the day. Coincidently, three of its executives once again appeared on Forbes' 400 Richest Americans list.
By Mike Conte, BullMarket.com

Labels: BEAS, GOOG, HAR, HBC, NKE, ORCL, TXN

Najarian: the weak dollar is bullish for technology stocks, which will benefit off of global growth. Finerman: buying S&P 500 and Russell put options to hedge her portfolio.
Oil was above $83 again for the fourth record close in a row. Finerman suggests buying ConocoPhillips (COP). Najarian says to buy oil service stocks like Baker-Hughes (BHI), Halliburton (HAL) and Schlumberger (SLB).
Word on the Street
Goldman Sachs (GS): Record numbers on Thursday. Najirian would sell on the news.
FedEx (FDX): reported a 4% rise in profits, but cut forecasts. Macke thinks FedEx's problems are company-specific. He also reminded investors to never own a stock where the CEO blames the economy on a bad quarter, which FedEx did. Adami said Fed Ex isn't at the level he would buy, but it's getting close.
Oracle (ORCL): traded up after hours on strong earnings and revenue. Macke thinks Oracle is a very good company hitting on all cylinders. Adami and Najarian like the acquisitions that Oracle has made recently.
Cree (CREE) and Brightpoint (CELL): Najarian saw huge monster volume on the CREE September $35 calls and the CELL April $20 calls.
Nike (NKE): reported bullish earnings and revenues after the close on Thursday. Finerman thinks the news gives a buy signal for Brown Shoe (BWS), which sells a lot of Nike shoes. Macke disagreed. Najirian says to watch Under Armor (UA), because if they are doing well than Nike will do well.
PC Growth: Morgan Stanley raised PC growth forecasts by 4%. This adds momentum for technology stocks and will be bullish for Dell (DELL), Hewlett-Packard (HPQ), Apple (AAPL), Intel (IMTC), and AMD (AMD).
Stem Cell: Najarian says the pure play in the stem cell space is Geron (GERN). For other big caps look at Celgene (CELG), Amgen (AMGN) and AstraZeneca (AZN).
Dubai announced on Thursday a 20% stake in both the NASDAQ and London Stock Exchange. Higher oil prices have left the Gulf state flush with cash. Macke says look at Tiffany's (TIF) and Saks (SKS) and get ahead of the possibility of Dubai taking a stake in these firms. Adami says buy Fluor (FLR) and McDermott (MDR). Finerman would play the exchange names like NASDAQ (NDAQ), NYMEX (NMX), and NYSE (NYX).
POPS & DROPS
POPS: Athenahealth (ATHN), Monolithic Power Systems (MPWR), Carnival Cruise (CCL), Motorola (MOT).
Drops: CKE Restaurants (CKR), Pier One Imports (PIR), Lowe's (LOW), Infosys (INFY), Pacific Ethanol (PEIX).
Face2Face
First writer said, "Lee Raymond, the former CEO of Exxon Mobil (XOM) has said that the price of oil shouldn't be $80 per barrel. If so, perhaps there is no "real" inflation at all. Finerman disagrees with the idea that speculators can control prices in the longer term.
Another writer asked why EMC Corp (EMC) hasn't broken out of its current trading range, while VMware (VMW). Adami recalls that traders sold EMC to buy VMW, but those traders will be coming back to EMC. He expects EMC to go over $20.
Final Trade
Macke: Added to his position in Activision (ATVI).
Adami: says buy Oracle (ORCL) as long as it stays above $20.50.
Finerman: going long on BEA Systems (BEAS).
Najarian: buy Sohu.com (SOHU)

Labels: CELL, CNBC, COP, DELL, Fast Money, FDX, GS, HAL, HPQ, IMTC, Jim Cramer, NKE, ORCL, SLB

Nike Inc. reported a 51-percent increase in fiscal first-quarter net income on Thursday, boosted by higher revenue and future orders along with favorable exchange rates for the world's largest athletic shoe and clothing company.
Net income reached $569.7 million, or $1.12 per share for the quarter ending Aug. 31, up from $377.2 million, or 74 cents per share, for the same period a year earlier.
Revenue for the quarter rose 11 percent to $4.7 billion. Changes in currency exchange rates contributed 3 percentage points to revenue growth for the quarter.

Labels: Nike Inc., NKE

Saying it's "concerned" by the dogfighting charges against Atlanta Falcons quarterback Michael Vick, Nike Inc. said Friday it has suspended Vick's endorsement contract without pay and will not sell any more Vick merchandise at its own stores for the time being.
"As we've said before, Nike is concerned by the serious and highly disturbing allegations made against Michael Vick and we consider any cruelty to animals inhumane and abhorrent," the company said in a statement. "However, we do believe that Michael Vick should be afforded the same due process as any citizen in the United States, therefore, we have not terminated our relationship."
A full 81 percent of Business Journal readers said in a survey this week that Nike (NYSE: NKE - News), which is based near Beaverton, should terminate its relationship with Vick completely. The quarterback, who recently signed a $130 million 10-year contract with the Falcons, pled not guilty yesterday to the charges that he and four others operated an illegal dogfighting operation in Virginia.
The Reebok company earlier Friday said it would nt sell any more Vick jerseys.
Published July 27, 2007 by the Portland Business Journal

Labels: Michael Vick, Nike Inc., NKE

Bullish Calls:
Freeport-McMoRan (NYSE: FCX - News): 'A lot of people were shaking today when it was down $4. That was a mistake. The quarter was a thing of beauty. ... I think you should stay in FCX. Copper and gold? We need 'em both.'Celgene (NasdaqGS: CELG - News): 'Buy some Celgene!'Schlumberger (NYSE: SLB - News): 'This company is the best in show. I gotta tell you something. It ain't done. You know what this company is? It's $80 going to $120. ... Get some Schlumberger.'Ford (NYSE: F - News): 'Go buy the Ford preferred. Don't buy the common.'Bank of America (NYSE: BAC - News)Citigroup (NYSE: C - News)Hologic (NasdaqGS: HOLX - News): 'It has to close this deal. Until it closes this deal, you're not going to get the ramp that you want. ... This is going to own women's diagnostics. They're going to own it, and when they do, this stock is going to go up huge.'Dominos Pizza (NYSE: DPZ - News): 'It reported this great quarter. ... Remember, just up $2 almost. I prefer to buy it under $20. Be patient.'Tata Motors (NYSE: TTM - News): 'I'm going to give this only a lukewarm buy up here.'Accenture (NYSE: ACN - News)Trinity Industries (NYSE: TRN - News): ' I like Trinity because I like rails. When you think of rails, you think of a company that makes rail cars. That's Trinity.'Leucadia National (NYSE: LUK - News): 'It's just a couple of guys that run money. They do a good job. ... I'm never going to dis them.'Brookfield Asset Management (NYSE: BAM - News)Nike (NYSE: NKE - News)Caterpillar (NYSE: CAT - News): 'You need to be in Caterpillar.'Terex (NYSE: TEX - News)
Bearish calls:
Human Genome Sciences (NasdaqGM: HGSI - News): 'Don't mess with Human Genome Sciences. Buy some Celgene.'ING (NYSE: ING - News): 'That's a bank I don't really care for.'Spartan Motors (NasdaqGS: SPAR - News): 'This was a great trade. It has since turned into a bad one, and I've gotta tell you, bad ones don't come back. ... I don't want to own this anymore.'Joy Global (NasdaqGS: JOYG - News): 'Too levered to coal. That was a nasty, ugly quarter. I can't sugarcoat it.'Nokia (NYSE: NOK - News): 'Do I like Nokia? Absolutely. Do I think that you're being a hog? Absolutely. You're selling half tomorrow morning, my friend.'
Published By SeekingAlpha

Labels: BAC, BAM, CAT, CELG, DPZ, F, FCX, HGSI, HOLX, Jim Cramer, Lightning Round, LUK, Mad Money, NKE, NOK, SLB, SPAR, TRN, TTM

Bullish Calls:

Macy's (NYSE: M - News): 'I am still banking with Terry Lundgren. I am not running away. I think the company, at $40 bucks, represents good value. 'Nike (NYSE: NKE - News): ' ... that looks like it's going to break through $60 next week.'Under Armour (NYSE: UA - News): 'I prefer Under Armour (to Crocs) here.'Coca-Cola (NYSE: KO - News): 'If I'm going to buy a soda company, I'm going to buy Coca-Cola.'Intel (NasdaqGS: INTC - News): 'The quarter's fine. You can't get excited about it. The stock will percolate higher.'Centex (NYSE: CTX - News): 'The only one that seemed to have stopped building homes before it got really crucial and horrible was Centex. If you insist on bottom-fishing in the group, I want you in CTX.'AT&T (NYSE: T - News): 'You do not sell T.'Verizon (NYSE: VZ - News)Foster Wheeler (NasdaqGS: FWLT - News): 'Buy FWLT on the way down. That's how I would play it.'Gildan Activewear (NYSE: GIL - News): ' ... has tremendous momentum. It remains one of my favorite stocks. I want to own it. I want to hold it. I say that, down to $32, is a real buy.'Nastech Pharmaceuticals (NasdaqGM: NSTK - News): ' ... had two patents today. One on obesity. This is our favorite spec of the year now in biotech. $12.96. If you pay more than $13, you're wrong. I think it's the most exciting stock out there.'
Bearish calls:
Jamba (NasdaqGM: JMBA - News): 'I know it's got great buzz. That's not enough for me anymore. Not after the Jones Soda come down... I'm not playing!'Crocs (NasdaqGS: CROX - News): 'I think the near-term move has been made and I prefer Under Armour here.'DR Horton (NYSE: DHI - News)Toll Brothers (NYSE: TOL - News)Lennar (NYSE: LEN - News)Alcan (NYSE: AL - News)

Published By SeekingAlpha

Labels: AL, CROX, CTX, FWLT, GIL, INTC, Jim Cramer, JMBA, KO, LEN, Lightning Round, M, Mad Money, NKE, NSTK, TOL, UA, VZ

Nike Inc. said Tuesday its fiscal fourth-quarter net income jumped 32 percent because of strong gains in overseas markets, subsidiary business and future orders for the world's largest athletic shoe and clothing company.
For the quarter ended May 31, net income reached $437.9 million, or 86 cents per share, up from $332.8 million, or 64 cents per share, for the same period of the prior year. Revenue for the quarter increased 9 percent to $4.4 billion, up from $4 billion a year ago. Currency-exchange rate changes helped boost sales by 2 percentage points for the year and the quarter, the company said.
The Beaverton-based company met Wall Street expectations for the quarter, based on a survey of analysts by Thomson Financial.

Labels: Nike Inc., NKE

The Dow, Nasdaq, and S&P 500 seesawed but stayed up for most of the day before ending down slightly amidst concerns about tomorrow's Fed meeting. Consumer confidence numbers for June were released today, and the drop was more severe than analysts had expected. The Conference Board's index was down to 103.9, from a revised May number of 108.5. Analysts had expected an index number of 105. Sales of new homes also dropped -1.6% to an annual pace of 915,000 units.
Lennar Homes (NYSE: LEN) showed the effects of the drop in home sales as it announced a loss of -$244.5 million, or -$1.55 per share. Last year, the company had a profit of $327.4 million, or $2.00 per share. The company also announced a weak forecast for its third quarter and the rest of 2007. Quarterly revenues slipped -37% to $2.88 billion. Lennar was down -3.1% on the news.
Oracle (Nasdaq: ORCL) announced after the bell that fiscal fourth-quarter earnings were up 27% from a year ago to $1.6 billion, or 31 cents a share. Excluding items, EPS came in at 37 cents, beating analyst estimates by two cents. Revenues were up 20% to $5.8 billion with software revenues up 19% to $4.8 billion. Fiscal-year earnings were up 27% to $4.3 billion, or 81 cents per share, with total revenues of $18 billion, up 25%.
Nike (NYSE: NKE) also released its fiscal fourth-quarter earnings after the bell, reporting a profit of $437.9 million, or 86 cents per share. Revenues were up 9% for the quarter to $4.4 billion. For the fiscal year, Nike showed profits of $1.5 billion, or $2.93 per share, with revenues of $16.3 billion.
Grocery store chain Kroger (NYSE: KR) posted profits of $336.6 million, or 47 cents per share, for its fiscal first quarter. Profits were up 11.3% from the year-ago period, when Kroger announced profits of $302.4 million. Sales rose 6.7% to $20.73 billion, exceeding analyst estimates of $20.32 billion. The stock fell -6.7%.
Rupert Murdoch and the board of directors of Dow Jones (NYSE: DJ) have reportedly come to a preliminary agreement regarding editorial independence, thereby clearing the path for the purchase of the media company by News Corp. (NYSE: NWS). A source reportedly told AP that while there are still some points to iron out, most of the deal has been worked out. The Dow Jones board of directors includes four members of the Bancroft family -- the controlling shareholder group for the company.
Ventana Medical Systems (Nasdaq: VMSI) saw shares of its stock soar today on news that Roche Holding AG had made an offer for the company. Roche offered $3 billion, or $75 a share, in a hostile takeover bid Monday evening. Ventana closed up 47.7% on the day. Roche also closed another deal today, finalizing its purchase of Gaithersburg, MD-based BioVeris Corp. for $600 million.
Basell, a Dutch chemical company, has made a bid for Huntsman Corp. (NYSE: HUN). Under the deal, Basell would acquire all outstanding shares of Huntsman for $5.6 billion, or $25.25 per share. The total deal is worth $9.6 billion when assumption of debt is included. Huntsman has been shopping itself around for some time, but has had trouble finalizing a deal.

Labels: DJ, Dow Jones and Co. Inc., KR, LEN, Lennar Corp., News Corp, Nike Inc., NKE, NWS, Oracle Corp., ORCL

Here are 7 stocks for traders for Wednesday from TradingMarkets.com:
Oracle (NasdaqGS:ORCL) beat earnings on Tuesday after the bell, announcing $0.37 EPS over an expected $0.35 EPS. ORCL's PowerRating is 6.
Nike (NYSE:NKE) matched earnings expectations on Tuesday with $0.86 EPS. NKE's PowerRating is 5.
ConAgra (NYSE:CAG) reports quarterly earnings on Wednesday before the bell; watch for $0.31 EPS. CAG's PowerRating is 6.
When McCormick (NYSE:MKC) announces earnings before the bell on Wednesday, look for $0.33 EPS. MKC's PowerRating is 4.
Standard Microsystems (NasdaqGS:SMSC) should report $0.25 EPS before the market opens on Wednesday. SMSC's PowerRating is 6.
Micron (NYSE:MU) and Red Hat (NYSE:RHT) both report earnings on Wednesday after the close, so watch for heightened price action and volatility ahead of the bell. MU's PowerRating is 5, and RHT's PowerRating is 6.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: CAG, Hot Stocks, MKC, MU, NKE, ORCL, RHT, SMSC

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:
Synnex (NYSE:SNX) beat earnings expectations on Monday afternoon, announcing $0.46 EPS over an expected $0.44 EPS. SNX does not have a PowerRating due to volume constraints.

Kroger (NYSE:KR) is expected to report $0.48 EPS on Tuesday before the opening bell. KR's PowerRating is 6.
When Lennar (NYSE:LEN) announces quarterly earnings tomorrow morning, watch for $0.01 EPS. LEN's PowerRating is 6.
Analysts are watching for Steelcase (NYSE:SCS) to announce $0.19 EPS before the bell on Tuesday. SCS's PowerRating is 6.
Nike (NYSE:NKE), H.B. Fuller (NYSE:FUL) and Oracle (NasdaqGS:ORCL) all report earnings on Tuesday after the market closes, so watch for heightened price action and volatility ahead of the bell. NKE's PowerRating is 6, FUL's PowerRating is 6 and ORCL's PowerRating is 6.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: FUL, Hot Stocks, KR, LEN, NKE, ORCL, SCS, SNX

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.
Schlumberger Limited July 95 Calls (NYSE:SLB). SLB's 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.
Dow Jones & Co. July 60 Puts (NYSE:DJ). DJ'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.
Mastercard Inc. Aug 200 Calls (NYSE:MA). MA's PowerRating is 3.
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.
Goldman Sachs Aug 200 Puts (NYSE:GS). GS' 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.
Microsoft (NasdaqGS:MSFT). MSFT's PowerRating is 6.
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.
None today
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.
Nike Inc. (NYSE:NKE). NKE's PowerRating is 6.
Hovnanian Enterprises (NYSE:HOV). HOV's PowerRating is 7.
PowerRatings are courtesy of TradingMarkets.com

Labels: DJ, GS, HOV, MA, MSFT, NKE, SLB, stock options

I'ts a Given: Given Imaging (NasdaqGM: GIVN - News)
Cramer's speculative pick on Friday was Israeli wireless medical imaging company, GIVN, which is perfecting a PillCam video capsules which are a more comfortable, convenient way of checking for gastronomical problems than traditional methods. He pointed out his track record of making viewers money with medical device companies such as Hansen Medical, Micrus Endovascular,Kyphon, and Intuitive Surgical, and he feels the technology behind the PillCam is much simpler than that of other devices. While investors are taking a "calculated risk" Cramer expects big earnings from Given and notes its guidance inspires confidence.
Big Brother is Watching You: Omniture (NasdaqGM: OMTR - News)
The next big thing in internet advertising is OMTR, according to Cramer, since the company monitors what people are watching online; "With Omniture, you can tell advertisers what is hot at the exact moment," Cramer said. The time for Yahoo, Google and Microsoft to buy this stock was yesterday, Cramer commented, and if OMTR's shares were valued the same as Microsoft valued aQuantive's before the acquisition, OMTR would be sitting at $35 instead of $2o.66. The company gave a secondary offering and sold 8 million shares at $18, which is an indication that " no amount of stupid sellers can knock this thing down ... There's too much demand." However, Cramer warned he is recommending this speculative stock on a takeover bid and not on its margins.
Game Plan for the Coming Week: Bear Stearns (NYSE: BSC - News), XTO Energy (NYSE: XTO - News), Medco Health (NYSE: MHS - News), Express Scripts (NasdaqGS: ESRX - News), Nike (NYSE: NKE - News), Kroger (NYSE: KR - News), Oracle (NasdaqGS: ORCL - News), McCormick (NYSE: MKC - News), Rite Aid (NYSE: RAD - News), Research In Motion (NasdaqGS: RIMM - News)
Cramer said the failure of two hedge funds does not spell bad news for BSC, which he would buy on Thursday. The cause was a hedge fund manager's "stupid mistake" and Cramer doesn't think BSC is dependent on the success or failure of the funds. He would pay attention to companies such as XTO, MHS and ESRX which are speaking at the Wachoviaand Jeffries conferences next week. He suggests setting up half a positon in NKE before its earnings report and the other half after a subsequent drop. Cramer would buy KR, since it doesn't get enough respect, as well as Oracle and thinks MKC is a good low-risk stock. He predicts RAD, which reports on Thursday, will continue to "motor up" and he would buy it on any weakness. For those who don't yet own RIMM, Cramer suggests picking it up after its earnings report.
Mad Mail: Posco (NYSE: PKX - News), Cummins (NYSE: CMI - News), Spartan (NasdaqGS: SPAR - News)
Although he didn't mention the PKX when he discussed 20 of Buffett's stock picks on thursday's Mad Money progam, Cramer thinks it is a good, inexpensive steel company. Cramer thinks CMI is still rising but would beware of SPAR, which is down a two points.
Published by SeekingAlpha

Labels: BSC, CMI, ESRX, GIVN, Jim Cramer, KR, Mad Money, MHS, MKC, NKE, OMTR, ORCL, PKX, RAD, RIMM, SPAR, XTO

Father's Day Special: Google (NasdaqGS: GOOG)
Devoting Thursday's program to Father's Day, Cramer thanked his father for encouraging him to read the stock pages early and getting him "hooked" on the game. When asked by an audience member if it is better to buy options of a viable, high-priced stock like Google rather than shares, Cramer replied he would prefer buying shares, even if one can afford only one share; "My take is just own the common stock -- don't out-think it ... buying one share of Google is a great way to get started."
The Russerts: Nike (NYSE: NKE)
Tim Russert, host of NBC's Meet the Press, and his son Luke joined Cramer and discussed their success with Nike which brought Luke's savings from $21,000 to $25,000. He also discussed the importance of teaching kids to save money and to work hard.
Family Therapist: Masco (NYSE: MAS), Coke (NYSE: KO) and Pepsi (NYSE: PEP)
Cramer played the role of family therapist for a mother, father and daughter who couldn't agree about whether or not to invest in MAS. He said MAS has been a "tremendous share taker" even though housing in sluggish, and would own the stock for the short and the long term. Concerning a father-daughter conflict over whether to own Pepsi or Coke, Cramer said "This is one of the toughest I have ever seen." While the father was correct that Coke is strong internationally, the daughter was also right to favor Pepsi, since it is growing faster than Coke. Cramer would stay with Coke for the remainder of the year, but for the next five years, his pick is Pepsi.
Icahn's Dad
Carl Icahn came onto the program and discussed his father, an intellectual type, who told Carl that he would not make money in business. However, his father taught him the "power of education." When Cramer asked Carl Icahn if he would choose to be lucky or good, Icahn replied, "the guy who works the hardest -- he gets the luckiest anyway."
Published By SeekingAlpha

Labels: GOOG, Jim Cramer, KO, Mad Money, MAS, NKE, PEP