Jim Cramer Blog

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

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

Here are 7 stocks for traders for Monday from TradingMarkets.com:
When Isle of Capri (NasdaqGS:ISLE - News) reports earnings on Monday before the market opens, watch for $-$0.04 EPS. ISLE's PowerRating (for Traders) is 5.
Phillips-Van Heusen (NYSE:PVH - News) should report $1.03 EPS on Monday morning. PVH's PowerRating (for Traders) is 3.
Analysts are expecting Sharper Image (NasdaqGM:SHRP - News) to announce -$1.44 EPS in quarterly results on Monday morning. SHRP's PowerRating (for Traders) is 3.
Cost Plus (NasdaqGS:CPWM - News) reports earnings on Monday before the bell, with analysts looking for $0.77 EPS. CPWM does not have a PowerRating (for Traders) due to volume constraints.
Big Lots (NYSE:BIG - News) fell 7% Friday after missing expectations, and cutting Q4 revenue forecasts. BIG's PowerRating (for Traders) is 5.
Dell (NasdaqGS:DELL - News) fell 14% today after missing estimates and a downgrade at Goldman Sachs. DELL's PowerRating (for Traders) is 4.
J. Crew Group (NYSE:JCG - News) rallied 15% after beating earnings expectations. JCG's PowerRating (for Traders) is 3.

Labels: BIG, CPWM, DELL, Hot Stocks, ISLE, JCG, PVH, SHRP

Bullish
Vodafone (VOD),
Annaly Capital Management (NLY), thinks that interest rates will be cut tomorrow, and this company will benefit.
Perry Ellis International (PERY),
NexCen Brands (NEXC), would rather recommend it on Friday.
Phillips-Van Heusen (PVH),
Synchronoss Technologies (SNCR), Cramer is bullish
ValueClick (VCLK), Cramer thinks it is valuable to many large internet companies, and that it will be bought out by the end of the year, so he is bullish.
Apple (AAPL), Google (GOOG), Research In Motion (RIMM)- Bullish on all three.
Furmanite Corporation (FRM), bullish on this infrastructure play.
Foster Wheeler (FWLT),
Altria (MO)
Colgate-Palmolive (CL).

Bearish
J2 Global Communications (JCOM)- "Don't Buy."
3SBio (SSRX), Cramer is sticking to his Four Horsemen of China
Vimpel-Communications (VIP), stay away from this stock.
E-House (China) Holdings (EJ), China is too hot to speculate in this stock.
ConAgra Foods (CAG), Cramer can't recommend this stock.
Synaptics (SYNA)- Cramer doesn't want to touch this stock.
Procter & Gamble (PG)- would rather have you in Colgate (CL).

Labels: AAPL, CNBC, FRM, GOOG, Lightning Round, Mad Money Lightning Round, NEXC, NLY, PERY, PVH, RIMM, SNCR, VCLK, VOD

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:
Columbus McKinnon (NasdaqGM:CMCO) reports earnings Tuesday morning, with analysts looking for $0.48 EPS. CMCO's PowerRating is 4.
HJ Heinz (NYSE:HNZ) is expected to announce $0.55 EPS before the market opens on Tuesday. HNZ's PowerRating is 5.
When Suntech Power (NYSE:STP) announces earnings before the bell on Tuesday, look for $0.20 EPS. STP's PowerRating is 6.
A number of large companies report on Tuesday after the market closes, so watch for heightened volatility and price action in these stocks. Stocks reporting Tuesday afternoon include: BMC Software (NYSE:BMC), Coldwater Creek (NasdaqGS:CWTR), Phillips-Van Heusen (NYSE:PVH) and Verifone (NYSE:PAY). BMC's PowerRating is 5, CWTR's PowerRating is 4, PVH's PowerRating is 5 and PAY's PowerRating is 6.
PowerRatings are courtesy of PowerRatings.net

Labels: BMC, CMCO, CWTR, HNZ, PAY, PVH, STP

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:
Columbus McKinnon (NasdaqGM:CMCO) reports earnings Tuesday morning, with analysts looking for $0.48 EPS. CMCO's PowerRating is 4.

HJ Heinz (NYSE:HNZ) is expected to announce $0.55 EPS before the market opens on Tuesday. HNZ's PowerRating is 5.
When Suntech Power (NYSE:STP) announces earnings before the bell on Tuesday, look for $0.20 EPS. STP's PowerRating is 6.
A number of large companies report on Tuesday after the market closes, so watch for heightened volatility and price action in these stocks. Stocks reporting Tuesday afternoon include: BMC Software (NYSE:BMC), Coldwater Creek (NasdaqGS:CWTR), Phillips-Van Heusen (NYSE:PVH) and Verifone (NYSE:PAY). BMC's PowerRating is 5, CWTR's PowerRating is 4, PVH's PowerRating is 5 and PAY's PowerRating is 6.
PowerRatings are courtesy of PowerRatings.net

Labels: BMC, CMCO, CWTR, Hot Stocks, PAY, PVH, STP

Game Plan for Next Week: Brocade (NasdaqGS: BRCD), Apple (NasdaqGS: AAPL), Hewlett-Packard (NYSE: HPQ - News), Phillips-Van Heusen (NYSE: PVH - News), CarMax (NYSE: KMX - News), Accenture (NYSE: ACN - News) and DSW (NYSE: DSW - News), Movado (NYSE: MOV - News)
Cramer suggested buying Brocade ahead of an analysts meeting on Thursday during which it is expected to raise its estimates. Although Cramer does not usually recommend Cisco's competitors, the stock should rise after the meeting and he predicts Cisco might buy BRCD. While he likes BRCD as a trade, the only tech stocks good for investments are AAPL and HPQ. Cramer expects strong earnings reports next week from PVH, KMX, ACN and DSW. Cramer's top stock next week is MOV which he thinks will deliver a "substantial upside surprise."
Good and Bad IPOs Photowatt, eTelecare with stock First Solar (NasdaqGM: FSLR)
Cramer discussed two companies which are going public next week, one to pay attention to and one to avoid. Concerning Photowatt, which will trade under PHWT, Cramer says "We have had way too many solar stocks come public and there's not enough demand, even with the hype that surrounds solar... Avoid it at any price." He suggested FSLR for those who want a solar stock. However, Cramer thinks eTelecare, an outsourcing company based in the Philippines "the next great, outsourcing center," might be a good stock. It is expected to trade under the symbol ETEL from between $12.50 and $14.50. Cramer would not pay more than $15 and urged, "please buy it carefully."
Freeport-McMoRan (NYSE: FCX - News)
FCX is now a "happy oligopoly" after having merged with Phelps Dodge and has cornered copper, comments Cramer, who says its a "screaming" buy. FCX is a "terrific hedge against inflation" and is in "tremendous demand." Its secondary offering was priced at 41 million shares and FCX rose $1. Cramer notes that FCX is a well-liked stock which will continue to go up. While analyst estimates are not high, Cramer predicts FCX will provide "blow away" numbers. He adds that while demand for copper has declined in the U.S., it is a sought-after mineral in China. Cramer sees this $62 stock going to $100.
Mad Mail: Altria (NYSE: MO - News), Kraft Foods (NYSE: KFT - News), Dean Foods (NYSE: DF - News)
When asked how MO holders can lessen the risk of a downside from KFT after it is spun off, Cramer suggests buying MO's "when-issued shares।" However, he added, "Kraft will be added to the S&P 500 so there's a very good chance it won't go down at all।" Cramer would stay with DF which should go up again.
Published by SeekingAlpha

Labels: AAPL, ACN, BRCD, DF, DSW, FCX, HPQ, Jim Cramer, KFT, KMX, Mad Money, MO, MOV, PVH

Here are 7 stocks for traders for Monday from TradingMarkets.com:
Dollar General (NYSE:DG - News) reports earnings Monday before the bell; watch for $0।38 EPS. DG's PowerRating is 3.
Tiffany & Co. (NYSE:TIF - News) is looking to report $1.05 EPS Monday before the market opens. TIF's PowerRating is 4.
Phillips-Van Heusen (NYSE:PVH - News) reports earnings after the close Monday, so watch for heightened price action and volume ahead of the bell. PVH's PowerRating is 5.
Amgen (NasdaqGS:AMGN - News) announced negative results for a new trial cancer drug on Friday, which boosted competitor ImClone (NasdaqGS:IMCL - News). AMGN's PowerRating is 5, and IMCL's PowerRating is 3.
Kraft Foods (NYSE:KFT - News) announced that it will be joining the S&P 500 on March 30 of this year. KFT's PowerRating is 3.
It was reported that Citigroup (NYSE:C - News) is eying the Dutch bank ABN Amro as an acquisition target. C's PowerRating is 5.
PowerRatings are courtesy of PowerRatings.net

Labels: AMGN, C, DG, Hot Stocks, IMCL, KFT, PVH, TIF