Jim Cramer Blog

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:
China Mobile (CHL) instead of KONG
Enterprise Product Parners (EPD)
Schering-Plough (SGP),
Celgene (CELG),
Sanofi-Aventis (SNY): likes Novartis (NVS) and Schering-Plough (SGP) better
Manulife (MFC), Prudential (PRU), Metlife (MET): Likes all three
E-Trade Financial (ETFC): It's a buy.
Furmanite (FRM): Cramer prefers ITT.
ITT (ITT),
Transocean (RIG),
Schlumberger (SLB)
Hudson City (HCBK): Better than NYB.
Bearish:
KongZhong (KONG): Cramer recommended China Mobile (CHL) instead.
Pioneer Drill (PDC); Cramer wants you to sell this driller
NightHawk (NIHK): Don't buy
New York Community Bank (NYB): Cramer thinks Hudson City (HCBK) is a better bank.
MDU (MDU): Don't buy.

Labels: CELG, CHL, EPD, ETFC, FRM, ITT, Jim Cramer, Lightning Round, Mad Money, MET, MFC, NVS, PRU, RIG, SGP, SNY

Here are 7 options to watch for Today.
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.

Prudential Financial Oct 100 Calls (NYSE:PRU - News). BSC's PowerRating (for Traders) is 5.
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.
American International Group Oct 65 Puts (NYSE:AIG - News). CIEN's PowerRating (for Traders) is 4.
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.
Horizon Offshore Oct 17.5 Calls (NYSE:HOFF - News). HOFF's PowerRating (for Traders) is 5.
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.
Baidu.com Oct 220 Puts (NasdaqGS:BIDU - News). BIDU's PowerRating (for Traders) is 2.
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.
Sepracor (NasdaqGS:SEPR - News). SEPR's PowerRating (for Traders) is 4.
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.
Dendreon (NasdaqGM:DNDN - News). DNDN's PowerRating (for Traders) is 5.

Published By TradingMarkets.com

Labels: AIG, BIDU, DNDN, HOFF, PRU, SEPR, stock options

Bullish:
PepsiCo (PEP), BEA Systems (BEAS), General Motors (GM), RRSat Global Communications Network (RRST), Zumiez (ZUMZ), Superior Offshore International (DEEP), Oshkosh Truck (OSK), Northrop Grumman, L-3 Communications (LLL), Lockheed Martin (LMT), General Dynamics (GD), Cisco Systems (CSCO), XTO Energy (XTO), GMX Resources (GMXR), Siemens (SI), Transocean (RIG), Schlumberger (SLB), Prudential Financial (PRU), MetLife (MET) and Halliburton (HAL).
Bearish:
Smart Balance (SMBL), Parametric Technology (PMTC), DirecTV (DTV), Parker Drilling (PKD) and Assurant (AIZ).

Labels: BEAS, CSCO, DEEP, GD, GM, GMXR, Jim Cramer, Lightning Round, LLL, LMT, Mad Money, OSK, PEP, PRU, RIG, RRST, SI, SLB, XTO, ZUMZ

Corning (NYSE: GLW - News): ' ... you want fiber... if you want voice, video... you have to go with Corning ... they're talking about the venerable fiber that Verizon is going to be using from GLW to snake in and out of apartments...'Microsoft (NasdaqGS: MSFT - News)Oracle (NasdaqGS: ORCL - News)Campbell Soup (NYSE: CPB - News): 'If anybody is possible to get a takeover bid, then CPB could do it. On the fundamentals, it's okay.'Invitrogen (NasdaqGS: IVGN - News): 'A very hot stock. Nucleic acids, enzymes. It does some pretty cool stuff...'Nastech Pharmaceutical (NasdaqGM: NSTK - News): 'I took a lot of heat from the shorts, telling me that I was dead wrong... and they're wrong. NSTK is your speculative play. It has obesity. It has autism. It's got the special nasal way to get delivery for these things... It's got diabetes.'Schlumberger (NYSE: SLB - News): ' ... when they put Schlumberger on sale... when they make SLB 17x earnings, I'm going to send you to best of breed. That's my predilection.'Cameron International (NYSE: CAM - News): 'This stock was down 4. I like it.'Expeditors International (NasdaqGS: EXPD - News): 'It hit a 52-week high today. People always think about freight. They should be worried about logistics and freight. That's what EXPD does.'Allegheny Tech (NYSE: ATI - News): 'I need you to be in ATI under $100.'Progressive (NYSE: PGR - News): 'They're buying these high-quality pieces of paper that are yielding great. The earnings are going to explode for PGR!'Prudential Financial (NYSE: PRU - News)MetLife (NYSE: MET - News)AllState (NYSE: ALL - News)Bearish calls:Synopsys (NasdaqGS: SNPS - News): 'Look, it's tech, so my bias is to like it but, if I'm going to be in software, I want to go into the biggest possible names, with the best balance sheets.'CommScope (NYSE: CTV - News)Southern Copper (NYSE: PCU - News): '... $90 before I would buy it, and the reason why is the holders are so bad... But this one has a 6% dividend. When it gets down to my level ... that's your chance to pull the trigger.'Coach (NYSE: COH - News):'COH has come down a lot, but I want to be careful. I'm not going to pull the trigger.'Family Dollar (NYSE: FDO - News): 'The FDO numbers were so bad that I'm making a prediction right here, right now, that Dollar General will be the first private equity deal to go bust.'Tribune (NYSE: TRB - News)Titanium Metals (NYSE: TIE - News): 'I don't want you messing with TIE.'
Published by SeekingAlpha

Labels: ALL, ATI, CAM, CPB, EXPD, GLW, IVGN, Jim Cramer, Lightning Round, MET, MSFT, NSTK, ORCL, PGR, PRU, SLB

Corning (NYSE: GLW - News): ' ... you should be buying Corning (NYSE: GLW - News), which was unceremoniously dumped after a good quarter.'Lundin Mining (AMEX: LMC - News): 'All mineral stocks are getting hammered here... every single one of them ... There was just a huge amount of takeovers in this industry. Now they're dying down... You accumulate LMC... We like the combination copper, the lead... We like their product portfolio ... We have been right to buy. It will be no different this time.'NYSE Euronext (NYSE: NYX - News): 'I have been wrong so far... I believe fundamentally in the story. I can't change my view, because the fundamentals have borne me out... I am sorry, and I too am in the house of pain. I still believe though.'Prudential Financial (NYSE: PRU - News): 'They knocked it down $3 bucks... There were some concentrated raids on all the insurers ... they've got a gigantic portfolio... PRU is a great company. And it will not founder on subprime... one of the few financials I want to own!'Honeywell (NYSE: HON - News): 'There's a guy who runs that company... his name is Dave Cote. That man inspires a tremendous amount of confidence ... He's a transforming manager. He's generating a huge amount of cash... His order book is full. And I want to buy that stock right here.'Companhia Vale do Rio Doce (NYSE: RIO - News): 'This is a company that has a hammerlock on all the nickel in the world! I would not give up on these guys... As a matter of fact, any weakness ... Stocks that are up huge are getting register rung. It's the summer. That's what happens every year.'BHP Billiton (NYSE: BHP - News)Apple (NasdaqGS: AAPL - News): 'I think the raids are over. I think it's ready to resume its climb. I am not backing away from AAPL at $135. Now, when it got back to $145, please, let's do some schnitzelling (i.e., sell some).'Reliance Steel (NYSE: RS - News): 'I have been recommending Reliance Steel, which had a better quarter (than Nucor.'Chordiant Software (NasdaqGM: CHRD - News): 'They just reported a great quarter yesterday. It was great ... Let's ride that one a little bit more.'
Bearish calls:
Syntax-Brillian (NasdaqGM: BRLC - News): 'No, no! Don't buy, don't buy. Keep looking ... you should be buying Corning.'Kroger (NYSE: KR - News): 'Safeway, Kroger... They've not been recording good quarters. They've been hurt by food inflation... If it lifts, sell, sell, sell... I would trim it back.'Nucor (NYSE: NUE - News): 'I cannot get behind NUE. There are too many flies in the steel story now, with the potential slowdown in commercial real estate, if we don't get a Fed rate cut. 'Great Lakes Dredge & Dock (NasdaqGM: GLDD - News): ' ... that's one I can't go back to. That was a trade.'
Published by SeekingAlpha

Labels: AAPL, BHP, BRLC, CHRD, GLDD, GLW, HON, Jim Cramer, KR, Lightning Round, LMC, NUE, NYX, PRU, RIO, RS

Bullish:
Chesapeake Energy (NYSE: CHK): 'The company is mostly levered to natural gas... is CHK! Don't you dare sell CHK. That stock is going higher!'Viacom (NYSE: VIA-B): 'You want to play summer box office?... You buy Viacom which, although the news reports weren't that positive, that's wrong! That was a great quarter... VIA-B is your play my friend.'Texas Instruments (NYSE: TXN)Qualcomm (NasdaqGS: QCOM)Protective Life (NYSE: PL): 'PL is solid too... I like that! ...Why couldn't PL get a bid?!... Let's see, the book value here is $34 bucks.... These can go out at two times book. That would put this stock at almost $70. It's at $50. I want to buy that!'MetLife (NYSE: MET)Prudential Financial (NYSE: PRU)
Neutral calls:
Scientific Games (NasdaqGS: SGMS): 'I believe it's a decent stock. It's just not as great as I thought... It needs more momentum to break out from this level.'
Bearish calls:
Regal Entertainment (NYSE: RGC): 'I would have said that the chance has already come and gone ... It's run too much.'LSI Logic (NYSE: LSI): 'LSI, man. That was an awful quarter.'Republic Airways (NasdaqGS: RJET): 'Cheap. Cheap stock, but I am no longer recommending any of the airlines. They have had a really big run.'Yahoo! (NasdaqGS: YHOO): ' ... as long as Terry Semel's there - he's the CEO - you and I are not going to make any money... As a matter of fact, it's a dog. The board ought to get electroshock therapy.'Given Imaging (NasdaqGM: GIVN)Sysco (NYSE: SYY): 'I went through that conference call. I have got to tell you, they did not deliver. Sell, sell, sell!... Let's let it pull back to under $30, and then we'll pull the trigger.'Coach (NYSE: COH): 'I think you buy the handbags. The stock, I don't want to touch here. That quarter was not that great ... when it gets below $43, we can pull the trigger again.'
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Labels: CHK, COH, Jim Cramer, Lightning Round, LSI, Mad Money, MET, PL, PRU, RGC, SGMS, SYY, TXN, VIA-B, YHOO

IntercontinentalExchange (NYSE: ICE - News): 'It is killing the shorts that stock. ... That stock is a fave along with CME and CBOT Holdings. This group is fantastic ... raising margin, raising price."Chicago Mercantile Exchange (NYSE: CME - News)CBOT Holdings (NYSE: BOT - News):' This group is fantastic ... raising margin, raising price.'Ciena (NasdaqGS: CIEN)Tellabs (NasdaqGS: TLAB)Progressive (NYSE: PGR - News): 'One of the highest-quality insurers in the world.'Prudential (NYSE: PRU - News): ' ... are the ultimate insurers in this country.'MetLife (NYSE: MET - News)United Online (NasdaqGS: UNTD): 'This company yields 5%. It's got momentum. It's doing well. ... United Online, you get a thumb up.'Sears (NasdaqGS: SHLD): 'The stock was down badly today. I know people want me to run, they want me to hide ... I'm not selling a share. ... I am a believer.'American Capital (NasdaqGS: ACAS): 'Eight percent yields ... consistently pilloried by the bears. ... I see 8% growth, sells at 13 times earnings; I see a stock that's going higher.'Public Service Enterprise (NYSE: PEG - News): 'Off of my electric bill alone, I would buy these guys.'Exelon (NYSE: EXC - News)Duke Energy (NYSE: DUK - News)Consolidated Edison (NYSE: ED - News)Energy Metals (NYSEArca: EMU): 'Been marking time. ... very speculative stock ... I think there's more upside.'Hewlett-Packard (NYSE: HPQ - News): 'The only tech stock that we're really behind right now is Hewlett-Packard.'Bank of New York (NYSE: BK - News)Amgen (NasdaqGS: AMGN)
Bearish calls:
IPG Photonics (NasdaqGM: IPGP): 'All this stuff that goes into the big telecommunications world has turned very cold for me.'FoxHollow Technologies (NasdaqGS: FOXH): 'They gave away the upside when they made that deal with Merck .'Atmel (NasdaqGS: ATML): ' ... don't think there's any upside there.'
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Labels: ACAS, BK, BOT, CME, DUK, ED, EXC, HPQ, ICE, Jim Cramer, Lightning Round, MET, PEG, PGR, PRU, SHLD, UNTD

Yamana Gold (NYSE: AUY):' ... none of these is as good as Lundin or Yamana Gold. So let's just stick with the winners.'Lundin Mining (AMEX: LMC):Genco Shipping (NYSE: GNK): 'You've got a good one, I salute you, and keep the pressure on. Keep buying these stocks with good dividends.'MetLife (NYSE: MET)Prudential (NYSE: PRU)Manulife (NYSE: MFC)eBay (NasdaqGS: EBAY): 'I'm not ready yet to take the victory lap ... I didn't get back on the eBay horse until 28. I like this stock here. I don't want to sell it ... I feel strongly that we're in the first quarter of a major turn for eBay. ... The stock goes higher.'Toyota Motor (NYSE: TM): 'I think the stock's gonna be up pretty big now. ... the Japanese love a trend reversal ... that stock sees 125 by Friday.'Energy Metals (NYSEArca: EMU)Mosaic (NYSE: MOS)Brocade (NasdaqGS: BRCD): 'I think the stock works its way over time to 12.'EMC (NYSE: EMC): ' EMC went from 10 to 15. I think Brocade only will do the same.'Ameren (NYSE: AEE): 'Why is Ameren still independent? ... It should have been taken over by now. ... I want you to stick with it.'Washington Mutual (NYSE: WM): 'The shorts right now are in a House of Pain ... WaMu's doing better than we thought ... not as bad as what the shorts thought.'
Bearish calls:
Northgate Minerals (AMEX: NXG)Northern Orion (AMEX: NTO): 'Reminds me of Northgate Minerals ... but none of these is as good as Lundin or Yamana Gold. So let's just stick with the winners.'Uranerz Energy (AMEX: URZ): 'I think you should ring the register.'Intel (NasdaqGS: INTC): 'I'm not gonna be a bear on Intel down here, but it's simply Don'tBuy ... it's not expensive, it has a lot of cash. But there's nothing happening there that would make me recommend the stock.'

Labels: AEE, AUY, EMC, GNK, Jim Cramer, Lightning Round, LMC, Mad Money, MET, MFC, MOS, NTO, NXG, PRU, TM, URZ, WM

Bullish Calls:
Celgene (NasdaqGS: CELG): 'I would much rather see you in something like a CELG. You know that CELG is my favorite play.'Nastech Pharmaceutical (NasdaqGM: NSTK)Incyte (NasdaqGM: INCY): 'If you want speculation ... I am going to direct you to ... INCY.'Corning (NYSE: GLW - News)W.R. Grace (NYSE: GRA - News): 'It's up 108% year over year and you know what? It's not done going up. GRA - specialty chemicals, construction... all sorts of a pastiche... I always liked it before the asbestos problem. I still like it now.'Level 3 Communications (NasdaqGS: LVLT): 'Now, c'mon man. We've been up 100%. We're up just an unbelievable amount on this thing. It's already up this year about 10%. It's pulled back. I say it's time to strike! Let's buy some more LVLT.'Rite Aid (NYSE: RAD - News): 'Mary Sammons may be one of the finest execs in the world, but I am the only guy who champions her!'Manulife Financial (NYSE: MFC - News): ' ... is the repository for some of the best mutual funds... If were doing this show from Canada, this would be the best of breed of our great country.'MetLife (NYSE: MET - News)Prudential Financial (NYSE: PRU - News)Companhia Vale do Rio Doce (NYSE: RIO - News): 'Oh, we got behind this one... RIO, at $40 bucks is still a buy. Why? Because there is a benign oligopoly of companies that own nickel mines ... RIO is going much higher.'Halliburton (NYSE: HAL - News): 'HAL has got that gigunda buyback going on. ('mon-back sound). The stock is finally moving. The whole group is rolling ... It's not done going up. It's going to keep going up.'Six Flags (NYSE: SIX - News): ' I still think Mark Shapiro is best in show. I think a ticket to Six Flags has to come down... I do like the stock at $6.'Cummins (NYSE: CMI - News):Magellan Midstream (NYSE: MMP - News): 'Now, you've got a nice 5% yield, so you're not going to be in any danger of getting hit too badly ... But! How can you not schnitzel a little after that big gain. Take some of that profit out. Start playing with the house's money!'Corning (NYSE: GLW - News): 'I'd rather see you in GLW. I'm not kidding. GLW. I think it's got some the same end markets and a better play.'Quicksilver (NYSE: KWK - News): ' ... load the boat up! That's my favorite name now that XTO Energy has moved up and rose...'Annaly Capital (NYSE: NLY - News): 'Go into NLY for heaven's sake.'
Bearish calls:
ViroPharma (NasdaqGS: VPHM): ' I got hurt by this stock so bad, that I feel like I shouldn't really opine on it. It is not best of breed.'Opnext (NasdaqGS: OPXT): 'I got behind this one. It's bouncing nicely, but I've got to tell you, this decline was really awful.'Quiksilver (NYSE: ZQK - News): ' ... that's paid way too much for a bunch of snowboard names, outdoor equipment ... stay away from that one. If you need to be in that specialty apparel game, I am going to tell you, I am not your call ... it's too dangerous to me.'Best Buy (NYSE: BBY - News): 'Holy cow! Is there a day this stock doesn't go down after that great quarter? Retail has become very, very tough.'Taiwan Semiconductor (NYSE: TSM - News): 'It is not going to go down a lot, because it has a 3% yield, but I am not going to be tricked into recommending a tech stock. ... Don't buy, don't buy.'Paccar (NasdaqGS: PCAR): ' No, no, no. We're going to go with CMI, which just split. I like it much more.'Heelys (NasdaqGM: HLYS): 'No. C'mon. I mean, way overvalued. Sell, sell, sell! They've got to come up with something better than just an indoor thing.'HFF (NYSE: HF - News): 'No। Go into NLY for heaven's sake.'
Published By SeekingAlpha

Labels: BBY, CMI, GLW, GRA, HAL, Jim Cramer, KWK, Lightning Round, Mad Money, MET, MFC, MMP, NLY, PRU, RAD, RIO, SIX, TSM, ZQK

Wachovia (NYSE: WB - News), Washington Mutual (NYSE: WM - News), Prudential (NYSE: PRU - News), MetLife (NYSE: MET - News), AIG (NYSE: AIG - News) and Allstate (NYSE: ALL - News)
Cramer warns the shorts are going to make a comeback attack on financials and claim Tuesday's rally was merely a short squeeze. "That's the way to play it," said Cramer, who predicts the shorts may claim that WB will have to spend its dividend or WM is in "big trouble." However, Cramer likes insurance companies PRU and MET, but is a "little more concerned" about ALL because of sluggish growth. Although AIG had a "blowout quarter," he adds $70 is where former CEO Hank Greenberg "lives to sell the stock." Cramer would stay away from regional banks because of mortgage issues; "I could rumor down any of the regional banks right now," Cramer continued. They are easy to take down."

Labels: AIG, ALL, Jim Cramer, MET, PRU, Wall Street Confidential, WB, WM

Bullish calls:
Suncor Energy (NYSE: SU - News): 'If you want to be tar sands, oil sands, you're going to have to go with SU or ECA.'EnCana (NYSE: ECA - News)Verizon (NYSE: VZ - News): ' You've got VZ selling cheap... You've got T selling cheap.'AT&T (NYSE: T - News)Hewlett-Packard (NYSE: HPQ - News): 'I know a lot of people are saying, 'Jim, shouldn't you run tail; shouldn't you just admit that HPQ wasn't a good quarter?...' No! HPQ was a good quarter. The guidance was good. Mark Hurd has done a great job ... I am telling you to back up the truck HPQ - right here at $40. I see good quarters out for the next 8 quarters ... triple buy!'Vasco Data (NasdaqCM: VDSI): 'This is a data security company that looks so much more like every other one that has been taken over, and it has good earnings ... I would buy it, but not with reckless abandon, because it's at its 52-week high.'Devon Energy (NYSE: DVN - News): ' ... if you want ... a takeover, and possibility of big numbers in the out year ... move into DVN. DVN has got that giant Gulf of Mexico find, and the stock is only up 4 points from when it was announced. Pull the trigger on DVN.'Arch Coal (NYSE: ACI - News): 'How about that buyback? It's gigantic. The stock is up 10% from when I recommended it... ACI is not done going up!'Peabody (NYSE: BTU - News): 'I also like BTU.'General Maritime (NYSE: GMR - News): 'I have been telling people that, if you have to own a tanker stock - if you just insist on owning one - own GMR. GMR had a really beautiful quarter. They've returned unbelivable amounts of money to their shareholders. That is one of the great companies. Buy, buy, buy!'Prudential (NYSE: PRU - News): ' Stick with it. It goes to $100.'Toyota (NYSE: TM - News): 'TM will be the largest hirer and major company in this country over the next five years. There will be no backlash. I remain a buyer of TM.'Quest Diagnostics (NYSE: DGX - News): 'People think the margins are bad ... The quarter is going to be good! The margins are good! The stock is cheap! I would buy, buy, buy DGX!'
Bearish calls:
Oilsands Quest (AMEX: BQI - News): 'No, c'mon!... If you want to be tar sands, oil sands, you're going to have to go with SU or ECA.'Cellcom Israel (NYSE: CEL - News): ' Way too dicey ... Just pull the trigger to exit.'Sprint (NYSE: S - News): 'Stay away from Sprint.'Petrohawk Energy (NasdaqGS: HAWK): 'It's been a punching bag, because of that natural gas exposure ... I would swap out of the HAWK, and move into DVN.'Frontline (NYSE: FRO - News): 'I say ix-nay on the FRO.'Tronox (NYSE: TRX - News): '... I don't like TiO2. It's too commoditized.'
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Labels: ACI, BQI, BTU, CEL, DGX, DVN, ECA, FRO, GMR, HPQ, Jim Cramer, Lightning Round, Mad Money, PRU, S, SU, TM, TRX, VZ

Bullish calls:
Blockbuster (NYSE: BBI - News): 'No, you don't have to sell it. That WMT is all bluster now [WMT's video rental service] I am not worried one bit about WMT. I am reiterating my buy for BBI.'MRV Communications (NasdaqGM: MRVC): They reported what I think is a very good quarter, when it comes to revenues ... Luminent is their business. They're going to spin it off. I'm still using a $5.50 price target, even after this run. MRVC - stay tuned. That was a nice quarter tonight.'Yahoo! (NasdaqGS: YHOO): 'I've been selling it, paring my portfolio. We got lucky - it's moved up a lot. It still - because of Panama - can't miss here. Why? Because if it does miss, they get rid of Semel [CEO]. If they don't, it goes higher. Two ways to win.'Movado (NYSE: MOV - News): 'I didn't like MOV, because they told me they weren't in Costco, and sure enough, there was a Movado watch... But, you know what? I'm a forgiving bobblehead, and I realized that MOV is a good company. And the stock hit a 52-week high today at $30. With a reluctant two thumbs up...'BHP Billiton (NYSE: BHP - News): ' I have rarely seen a company that is more in love with its shareholders than BHP, They're returning big capital. BHP and Cramer fave, RIO, are both winners. I think BHP goes to $50 bucks.'Companhia Vale do Rio Doce (NYSE: RIO - News): 'I think RIO's headed right to $40.'Polaris Industries (NYSE: PII - News): ' That dividend is good! You would think, given the alleged global warming, I feel there is a problem just being in snowmobiles, but they also have all-terrain vehicles ... The business is well-managed.'Crown Holdings (NYSE: CCK - News): 'They have cleared up their asbestos problems ... This stock has now moved to its 52-week high. Do you mind if we wait for a little bit of a pullback, before we step up to the plate and buy some CCK? Don't pull the trigger just yet.'Nokia (NYSE: NOK - News): 'Listen, I like the NOK right here ... I basically think that NOK is going to $25 ... Stay with NOK.'Procter & Gamble (NYSE: PG - News): 'I like PG too.'Prudential (NYSE: PRU - News): 'I want to own PRU. That's a better story.'International Paper (NYSE: IP - News): ' I liked it at $33. I'm sticking by it. It's one cheap stock.'
Bearish calls:
Wal-Mart (NYSE: WMT - News)Arena Pharmaceuticals (NasdaqGM: ARNA): 'I want you to take it all off ... I really blew that call. That company is a serial financer of itself, meaning they are constantly re-issuing stock. They kind of broke my heart... Sell, sell, sell!'BMC Software (NYSE: BMC - News): 'Let's stay away from that sector. I just think there's nothing to offer in software.'If tCitigroup (NYSE: C - News):' I guess what I'm saying is you've got the worst bank in the world... I don't want you to stay with it...'Allstate (NYSE: ALL - News): 'No. I would sell ALL now. I want to own PRU. That's a better story.'

Published By SeekingAlpha

Labels: ALL, ARNA, BBI, BHP, BMC, C, CCK, IP, Jim Cramer, Lightning Round, Mad Money, MOV, MRVC, NOK, PG, PII, PRU, RIO, WMT, YHOO

On Speculation: Landec Corp (NasdaqGS: LNDC)
Cramer announced that he was going to discuss speculative stocks on Fridays to give investors a weekend to cool off before pulling the trigger on potentially risky companies. Friday's speculative play was LNDC, a $12 stock that, according to Cramer, is in the hottest part of one of the hottest sectors, which is seed technology. LNDC's technology, "intellicoat," prevents seeds from germinating and absorbing water too early, and allows farmers to plant up to four weeks ahead of time. Cramer says, "if corn is the next oil, LNDC is the equivalent of a pressure pumper that gets more oil out of the well." He advised investors to use limit orders and not to buy an entire position at one time.
The Week Ahead: Prudential (NYSE: PRU - News), Metlife (NYSE: MET - News), Aon Corp (NYSE: AOC - News)
Cramer commented that he doesn't like the market here, that the financials are "acting terrible," the real estate market is a "total collapsed bubble," and that gold, "ever the enemy of paper" is going up and that gold investors should take profits. In this "glass is half-empty" environment, Cramer warns of selloffs in even the best companies, and suggests buying only half of the intended amount and making a move at the end of the week after the "selling squall." He likes Prudential, which reported a "beautiful quarter," AOC, and MET, which is best-of-breed and is the "big sleeper" of next week with 10% accelerated growth. Cramer would buy it before and after its earnings report and recommends patience if it doesn't rise immediately.
Chipotle Mexican Grill (NYSE: CMG - News) and Denny's (NasdaqCM: DENN)
Concerning CMG and DENN, Cramer says he doesn't mind fact that these companies have debt because their financials are still good, they can refinance at low rates thanks to the strong bond market, and can raise earnings per share by decreasing interest payments. He calls Denny's a "bad going to good" story, but would wait, and calls CMG a "good going to better" story which will have a "fantastic quarter." However, Cramer would hold off until CMG gets hit and would buy it low.

Life Time Fitness (NYSE: LTM - News), Baidu.com (NasdaqGM: BIDU), Psychiatric Solutions (NasdaqGS: PSYS)LTM has "come in a tad" from where Cramer recommended it as a generational play, but he would still buy it as a long-term stock. He comments that BIDU has just a fraction of Google's value and better growth potential, but is in a precarious position because of China's Communist government. Since BIDU tends to trade wildly after it reports, he would use a downturn as an opportunity to buy it cheaply. Cramer notes that PSYS' management has been bullish ahead of the quarter, and would buy some stocks ahead of time, since PSYS has been acquiring companies, and Cramer expects a "big number bump" next week.

Masco Corp. (NYSE: MAS - News), KBH Home (NYSE: KBH - News), Daktronics (NasdaqGS: DAKT), Reliance Steel (NYSE: RS - News)
Cramer would ring the register on MAS before it reports, since it has had a big run. He predicts that KBH will see a huge selloff, and would sell it before it reports and buy the stock back lower. Cramer likes DAKT which is "remaking the billboard industry in its own digital image" and is building huge billboards at sports stadiums. He would use the 8% dip as an opportunity to get in before it reports. Cramer would take profits in RS because it has risen 8 points since he recommended it.
Published By SeekingAlpha

Labels: AOC, BIDU, CMG, DAKT, DENN, KBH, LNDC, LTM, MAS, MET, PRU, PSYS, RS

MetLife Inc. (MET.N: Quote, Profile, Research), the largest U.S. life insurer, guided 2006 and 2007 earnings estimates down slightly on Wednesday, pressuring its shares. MetLife said it expected to report operating earnings of $1.10 to $1.20 a share for the fourth quarter, and $5.05 to $5.30 a share for all of 2007. Both forecasts were at the lower end of analysts' expectations, averaging $1.19 a share for the fourth quarter and $5.29 for 2007, according to Reuters Estimates. Insurance industry analysts use operating earnings rather than final net earnings as their main performance yardstick. The New York-based insurer also said at an investor meeting that it expected to have a 2007 return on equity of 12.1 percent to 12.7 percent. On Tuesday, Prudential Financial Inc. (PRU.N: Quote, Profile, Research) , MetLife's biggest U.S. competitor, forecast a return on equity of 15 to 17 percent over the next three years. In late trading, MetLife shares were down 22 cents, or 0.4 percent, at $58.36 after falling as low as $57.57.
Source: Reuters.com

Labels: Insurance, Metal, MetLife Inc., PRU, Prudential Financial Inc., Stocks

MetLife Inc. (MET.N: Quote, Profile, Research), the largest U.S. life insurer, guided 2006 and 2007 earnings estimates down slightly on Wednesday, pressuring its shares. MetLife said it expected to report operating earnings of $1.10 to $1.20 a share for the fourth quarter, and $5.05 to $5.30 a share for all of 2007. Both forecasts were at the lower end of analysts' expectations, averaging $1.19 a share for the fourth quarter and $5.29 for 2007, according to Reuters Estimates. Insurance industry analysts use operating earnings rather than final net earnings as their main performance yardstick. The New York-based insurer also said at an investor meeting that it expected to have a 2007 return on equity of 12.1 percent to 12.7 percent. On Tuesday, Prudential Financial Inc. (PRU.N: Quote, Profile, Research) , MetLife's biggest U.S. competitor, forecast a return on equity of 15 to 17 percent over the next three years