Jim Cramer Blog

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

Here are 7 options to watch for today.
Most Under-Priced Calls: These are the most under priced calls of all stocks in our database. This stock comes from today's list and is among the most under-priced individual calls.
NYMEX Holdings Dec 150 Calls (NYSE:NMX - News). NMX's PowerRating (for Traders) is 5.
Most Under-Priced Puts: These are the most under priced puts of all stocks in our database. This stock comes from today's list and is among the most under-priced individual puts.
Google Dec 650 Puts (NasdaqGS:GOOG - News). GOOG's PowerRating (for Traders) is 4.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. This stock comes from today's list and is among the most overpriced individual calls.
Amazon.com Nov 110 Calls (NasdaqGS:AMZN - News). AMZN's PowerRating (for Traders) is 6.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. This stock comes from today's list and is among the most overpriced individual puts.
CME Group Nov 200 Puts (NYSE:CME - News). CME's PowerRating (for Traders) 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.
Xilinx (NasdaqGS:XLNX - News). XLNX'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.
Rite Aid (NYSE:RAD - News). RAD's PowerRating (for Traders) is 5.
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
WCI Communities (NYSE:WCI - News). WCI's PowerRating (for Traders) is 5.
Published By TradingMarkets.com

Labels: AMZN, CME, GOOG, NMX, RAD, stock options, WCI, XLNX

Sun Microsystems (JAVA): Cramer thinks it's finally turned the corner, but it's still too cheap.
Potash (POT): Cramer says that rankings in the agriculture sector are Agrium (AG), Mosaic (MOS), Sociedad Quimica (SQM), and then Potash since it moved too much.
Nuance (NUAN): "Don't buy. Don't buy."
Cheesecake Factory (CAKE): Thinks it's too cheap. Not giving up on it yet.
Rite-Aid (RAD): Giving CEO one more quarter. He thinks that CVS (CVS) and Walgreens (WAG) are doing much better.
China Mobile (CHL): This is a China stock that he still likes, along with Baidu.com (BIDU).
VF Corp. (VFC): Cramer thinks it's one of the better names in the apparel sector.
Western Refining (WNR): If you want to buy a refining stock, buy Valero
(VLO), or Sunoco (SUN) instead of WNR.
Energy Conversion Devices (ENER): Lose it and go with First Solar (FSLR)
Lockheed Martin (LMT): Start buying. Cramer thinks the stock is going even higher.
Starbucks (SBUX): "Don't buy, Don't buy."
Marvell (MRVL): Cramer thinks it's toxic.
First Horizon National (FHN): It's a cheap bank stock, and Cramer likes that.
Coeur d'Alene Mines (CDE): Cramer thinks this is one of the worst mining companies around, and that Barrick Gold (ABX) is the best play, and you can go with Pan American Silver (PAAS) if you want a silver stock.
DivX (DIVX): "There is nothing there to buy."
GameStop (GME): Wants the stock lower. Cramer thinks you should take some profits now, and buy more if the stock drops below $55.
Exxon Mobil (XOM): Cramer's price target for this stock is now $100.
Haynes (HAYN): It's played out for now.

Labels: CAKE, CHL, CVS, JAVA, Jim Cramer, Lightning Round, Mad Money Lightning Round, NUAN, POT, RAD, SQM, VFC, WAG, WNR

Stocks continued their march higher today, despite more weak housing data. The Nasdaq led the way gaining 11 points, while the Dow and S&P were also finished in the green. Oil traded strongly, rising $2.58 to $82.88 a barrel, while natural gas fell. Gold rose on the day.
On the economic front, the Commerce Department announced that GDP grew at a revised 3.8% annual rate for the quarter ended in June. It was the economy's strongest showing in a little over a year. The National Association for Business Economic is predicting growth of 2.4% for the current quarter ending September. Meanwhile, new home sales fell to the lowest level in seven years for the month of August, dropping -8.3%. The median sales price fell -7.5% to $225,700, the biggest drop in 37 years. Despite the housing woes, fewer workers filed for jobless benefits last week, with claims dropping by -15,000 to 298,000.
In earnings news, retailer Bed Bath & Beyond (Nasdaq: BBBY - News) posted net income of $147 million, or 55 cents a share, compared to $145.5 million, or 51 cents a share, a year earlier. Excluding a one-time tax benefit, EPS came in at 52 cents, in line with analyst estimates. Revenue rose 10% to $1.77 billion, while same-store sales climbed 2.2%. The stock fell -1.1%.
Like most homebuilders, KB Homes (NYSE: KBH - News) wasn't able to turn a profit when it announced earnings this morning, swinging to a loss of -$35.6 million, or -46 cents per share, compared to a profit of $153.2 million, or $1.90 per share, in the year-ago period. The sale of the company's French division helped the bottom line, as its loss from continuing operations came in at -$478.6 million, or -$6.19 per share. Revenue plummeted -32% to $1.54 billion from $2.28 billion a year ago, as unit deliveries dropped -28% and the average selling price fell -7%. The company had two large writedowns on the value of unsold inventory and joint-venture holdings.
Rite Aid (NYSE: RAD - News) shares tumbled -4.2% after the pharmacy reported a wider loss and cut revenue and earnings guidance. For Q2, Rite Aid recorded a loss attributable to common shareholders of -$78.2 million, or -10 cents per share, versus a loss of -$8.2 million, or -2 cents per share, last year. The quarter included a one-time financing commitment charge of $12.9 million. Revenue rose nearly 54% from $4.29 billion to $6.6 billion, but fell just short of the $6.8 billion consensus. The company also cut its full-year guidance to a loss of -$78 million to -$161 million on revenue of $24.5-$25.1 billion. Previously, the company had forecasted a loss of -$47 million to -$129 million on revenue of $25.3-$26 billion.
In other corporate news, Google (Nasdaq: GOOG - News) announced that it is looking to increase its staff by a third over the next several years. Before you get that resume ready, though, note that most of the news jobs will be for engineers located in Europe. If you're willing to relocate across the pond, note that British Airways (OTC: BAIRY - News) today ordered $8.2 billion in new aircraft from Boeing (NYSE: BA - News) and Airbus, making it the airline's largest purchase in more than a decade. The news was considered a mixed bag for Boeing, as previously it was the exclusive large passenger plane provider for British Airways. The planes are expected to be delivered between 2010 and 2014. Boeing shares rose 1.0%.
In M&A news, a group led by JC FLowers said that it would not go through with its $26 billion purchase of Sallie Mae (NYSE: SLM - News). The student lender said it would take legal action, as the group has no basis for breaking the merger agreement.
By the BullMarket.com Staff

Labels: BA, BAIRY, BBBY, Boeing Co., GOOG, Google Inc., KB Homes, KBH, RAD, Rite Aid Corp., Sallie Mae, SLM

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Bed Bath & Beyond (NasdaqGS:BBBY - News) beat earnings on Wednesday with $0.55 EPS over an expected $0.52 EPS. BBBY's PowerRating (for Traders) is 4.
InterVoice (NasdaqGS:INTV - News) missed earnings on Wednesday with $0.04 EPS versus an expected $0.07 EPS. INTV's PowerRating (for Traders) is 6.
Chattem (NasdaqGS:CHTT - News) is expected to announce earnings on Thursday before the market opens, with analysts looking for $0.74 EPS. CHTT's PowerRating (for Traders) is 5.
KB Home (NYSE:KBH - News) reports earnings on Thursday before the market opens; watch for -$0.71 EPS. KBH's PowerRating (for Traders) is 5.
Rite Aid (NYSE:RAD - News) is looking to report -$0.06 EPS on Thursday morning before the bell. RAD's PowerRating (for Traders) is 4.
Analysts are watching for Vail Resorts (NYSE:MTN - News) to report -$0.86 EPS tomorrow morning. MTN's PowerRating (for Traders) is 5.
Jabil Circuit (NYSE:JBL - News) announces earnings on Thursday afternoon, so watch for heightened price action and volatility ahead of the close. JBL's PowerRating (for Traders) is 6.

Labels: BBBY, CHTT, Hot Stocks, INTV, JBL, KBH, MTN, RAD

Bullish Calls:
FMC Technologies (NYSE: FTI - News): 'It's pulled back a dollar. I like the group. I like FTI'.Rite Aid (NYSE: RAD - News): 'I want to pull the trigger right there! I think that's a great situation!'EMC (NYSE: EMC - News): 'The stock just takes off, and now it seems the stock is at $19.05. I think it goes to $23. It's not too late to pull the trigger on EMC.'TJX (NYSE: TJX - News): 'I think TJX is one you want to own after the quarter.' Costco (COST - Cramer's Take - Stockpickr - Rating), Costco (NasdaqGS: COST - News): 'Can I also point out that Costco was down today, and I think COST is just a classic situation.'Siemens (NYSE: SI - News): 'I'm surprised the stock was down badly... I like that stock. I like the German market. It's the strongest in the world among developed countries... I want to buy some.'Schlumberger (NYSE: SLB - News): 'But SLB, at 17x earnings, is way too cheap.'Conco Philip (NYSE: COP - News): 'I've been buying that one for my charitable trust... I think, down below $80, that's perfect.'Corning (NYSE: GLW - News)First Solar (NasdaqGM: FSLR - News): 'Nice pullback after a really good quarter. With oil staying high, that's the one I want to be in. 'Arris Group (NasdaqGS: ARRS - News): 'That was terrific. I think ARRS is a good place to be. I don't want you to leave it. I want to stick with that.'ABB (NYSE: ABB - News): 'They're the best in that business.'Gentiva Health Services (NasdaqGS: GTIV - News): 'This is the home healthcare story that I like very much.'Sears Holdings (NasdaqGS: SHLD - News): 'I say, you know I'm sticking with Eddie. I own it for my charitable trust... I refuse to quit on it. I refuse to quit, because he's a winner, and he's made me money.'TBS International (NasdaqGM: TBSI - News): 'I like Expeditors in that category. I think that's a better one... 'Goldman Sachs (NYSE: GS - News): 'Everybody hates Lloyd Blankfein. They think he's an idiot. They think my alma mater's moronic... I don't know. I'd like to buy the stock here.'
Bearish calls:
Harley-Davidson (NYSE: HOG - News): 'This stock has finally broken down from that $60 level... I think it's headed lower. I don't want to be there... Sell, sell, sell... I think you should sell it.'Optium (NasdaqGM: OPTM - News): ' ... that has been a tough one.'Evergreen Solar (NasdaqGM: ESLR - News): ' I'm going to have nix that one. Sell, sell, sell!... 'USEC (NYSE: USU - News): 'I don't want to own uranium. I think uranium is too far out in the future.'WCI Communities (NYSE: WCI - News): 'I looked at the balance sheet and I don't like it. Why don't I leave it at that. Sell, sell, sell....'
Published By SeekingAlpha

Labels: ABB, ARRS, COP, COST, EMC, FSLR, FTI, GLW, GS, GTIV, HOG, Jim Cramer, Lightning Round, Mad Money, RAD, SHLD, SI, SLB, TBSI, TJX

Avoid Private Equity: Blackstone (NYSE: BX - News)
Cramer would not buy private equity firms and suggests staying away from the Apollo and KKR IPOs. A former hedge fund manager, Cramer says he knows a thing or two about private equity. He believes the stocks are too expensive and investors would be catching these names at the end of the trend. In addition, if a Democrat wins the White House, he or she will propose taxing "the heck out" of private equity and squeezing the firms dry. Cramer added there are "too many people with too much money trying to get a piece of the action." Finally, companies are taken public at the end of a cycle, and "coming public means they're selling, not buying," Cramer said.
That 80s Show: Apache (NYSE: APA - News)
This week, Cramer has been discussing his theory that once the $80 threshold is broken, a stock becomes "annointed," rises to $100 and eventually reaches $120. He added once a stock hits $100 it will only go down again if it splits. Apache is a name Cramer believes will provide support for this theory because "people will keep buying it." Oil is one of the sectors driving the market, and Apache's advantage over other oil companies is its ability to thrive in challenging areas because of its low production costs and to improve on cheap products it purchases from its rivals. Cramer adds APA is trading at only 1o times earnings; "This stock is mispriced!" Most of APA's oil reserves are in the U.S., and the company has raised its product guidance. "I would buy APA before it gets away from you," Cramer said.
Overcoming Soros: Bon-Ton (NasdaqGS: BONT - News), CVS (NYSE: CVS - News), Rite Aid (NYSE: RAD - News), Qualcomm (NasdaqGS: QCOM - News), Texas Instruments (NYSE: TXN - News), Gen-Probe (NasdaqGS: GPRO - News)
Cramer says he doesn't want people to invest like George Soros, "I want to be better than Soros!" For instance, Soros owns BONT which Cramer thinks is alright for the long term, but "short term it really stinks." Although Cramer likes Soros pick CVS after its Caremark acquisition, he prefers RAD. He would also swap Soros' QCOM for his choice, TXN. However, Cramer agrees with Soros about buying GPRO because the stock is "instant growth" with 40% market share for blood screening tests and 58% market share for chlamydia and gonorrhea tests. The company is also making deals with industry leaders such as General Electric, 3M and Millipore.
Mad Mail: Manitowoc (NYSE: MTW - News), Costco (NasdaqGS: COST - News), Casey's (NasdaqGS: CASY - News), Rite Aid (NYSE: RAD - News), Cemex (NYSE: CX - News)
Cramer agreed with a viewer that MTW fits his $80-$100-$120 theory. Since COST is a gas station as well as a retailer, he considers it a viable alternative to CASY. Cramer added he isn't concerned about RAD after the Medicaid ruling, but would let the "good times roll." Being locked in by the housing cycle is not a bad thing for those who hold CX, he said, because the company is "growing like a weed."
Published by SeekingAlpha

Labels: APA, BONT, BX, CASY, COST, CVS, CX, GPRO, Jim Cramer, Mad Money, MTW, QCOM, RAD, TXN

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Intervoice (NasdaqGS:INTV) beat earnings on Wednesday after the close, with $0.04 EPS over a consensus of $0.02 EPS. INTV's PowerRating is 4.
Red Hat (NYSE:RHT) beat earnings on Wednesday afternoon, announcing $0.16 EPS over an expected $0.15 EPS. RHT's PowerRating is 5.
Constellation Brands (NYSE:STZ) reports earnings on Thursday before the bell, with analysts looking for $0.15 EPS. STZ's PowerRating is 5.
Family Dollar Stores (NYSE:FDO) should announce $0.41 EPS before the bell on Thursday. FDO's PowerRating is 5.
When General Mills (NYSE:GIS) reports quarterly earnings on Thursday morning, watch for $0.63 EPS. GIS's PowerRating is 5.
KB Home (NYSE:KBH) is expected to report $0.07 EPS on Thursday morning before the market opens. KBH's PowerRating is 5.
Analysts will be watching for Rite Aid (NYSE:RAD) to report -$0.01 EPS tomorrow morning. RAD's PowerRating is 6.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: FDO, GIS, Hot Stocks, INTV, KBH, RAD, RHT, STZ

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

Here are 7 trading ideas for today. These lists come directly from the TradingMarkets Stock Indicators page and are based upon our latest quantitative research.
Bullish
5+ Consecutive Down Days: These are stocks that have closed down for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that close down for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge. Historically, these stocks have provided traders with a significant edge.

Carmike Cinemas (NasdaqGM:CKEC) & Rite Aid (NYSE:RAD). CKEC's PowerRating is 7, and RAD's PowerRating is 7.
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Republic Airways (NasdaqGS:RJET) & Cardinal Health (NYSE:CAH). RJET's PowerRating is 7, and CAH's PowerRating is 6.
2-Period RSI Below 2: These are stocks that have a 2-period RSI reading below 2 and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving with a 2-period RSI reading below 2 have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
EchoStar Communications (NasdaqGS:DISH). DISH's PowerRating is 7.
Bearish
5+ Consecutive Up Days: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Amgen Corporation (NasdaqGS:AMGN). AMGN's PowerRating is 4.
5+ Consecutive Higher Highs: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
KeyCorp (NYSE:KEY). KEY's PowerRating is 4.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: AMGN, CAH, CKEC, DISH, Hot Stocks, KEY, RAD, RJET

Breaking Up is Good to Do: Citigroup (NYSE: C - News)
The best thing C could do, according to Cramer, other than ridding itself of "Clown Prince" [CEO Chuck Prince] is to split itself up; "I think the one-stop shop for everything financial doesn't work." Cramer predicts if C breaks up into five businesses, the stock will jump from from $54 to $63. However, since such a move is not definite, Cramer warns investors of the "calculated risk" involved in buying C.
CEO Interview, Mary Sammons of Rite Aid (NYSE: RAD - News)
Cramer observed the company is 50% up from last year, expects more upside on the close of its Eckerd deal, and says it is "striking distance" from Walgreen. When he asked Mary Sammons about the benefits of the acquisition, she replied, "We believe there are even greater margin and revenue opportunities not included in our forecast." On the subject of the company's debt, Sammons commented cash flow created by the purchase of new stores will help RAD balance its budget. Cramer is still bullish on RAD and predicts it will reach $8 or $9.
Sparkling Clean Ingredients: Colgate - Palmolive (NYSE: CL - News) and Procter and Gamble (NYSE: PG - News)
In Latin America, Chinese-produced toothpaste was found to have DEG, a chemical used in antifreeze which should not be consumed even in trace amounts, according to the FDA. This is good news for CL, which Cramer preferst to PG because CL has a larger international presence. In addition, Cramer comments CL is a "leaner, meaner company" which should grab substantial market share from "lumbering giant" PG.
Mad Mail: aQuantive (NasdaqGS: AQNT - News), Raser Technologies (NYSEArca: RZ), Corning (NYSE: GLW - News)
Cramer told a viewer he would sell AQNT since it has been taken over. Responding to another question, he said RZ is too speculative and he would buy GLW instead.
Published by SeekingAlpha

Labels: AQNT, C, CL, GLW, Jim Cramer, Mad Money, PG, RAD, RZ

OM Group (NYSE: OMG - News), Fuel Tech (NasdaqGM: FTEK), Foster Wheeler (NasdaqGS: FWLT), Shaw Group (NYSE: SGR - News)
Completing his week-long segment which featured "green" stocks, Cramer unveiled his two favorite environmental companies: OMG and FTEK. OMG has 25% of the world's supply of cobalt which is used for hybrid car batteries. Cramer predicts cobalt should remain stable or go higher, especially since there are no new sources until 2009. OMG also has exposure to copper, which Cramer thinks will become more valuable, and is fixing its balance sheet. While he recommended FWLT and SGR earlier in the week as clean power picks, Cramer says they are for conservative investors, but for those who are looking for some risk, he likes FTEK as the ultimate speculative Green Day play. The company has technology to make coal power cleaner by reducing nitrogen-oxide emissions and has been getting "contract after contract." Since 49% of electricity in the US is derived from coal, and ethanol is not yet efficient, FTEK is "pretty important." On a general note, Cramer said even though the market is up, he is still bullish; “I am not exaggerating when I say the best is yet to come. We are going to be up 17%" this year."
Picks for the Week Ahead: VF Corp. (NYSE: VFC - News), Parker-Hannifin (NYSE: PH - News), Eaton (NYSE: ETN - News), Honeywell (NYSE: HON - News), Akamai Technologies (NasdaqGS: AKAM), Apple (NasdaqGS: AAPL), Boeing (NYSE: BA - News), PepsiCo (NYSE: PEP - News), Allegheny Technologies (NYSE: ATI - News), Exxon Mobil (NYSE: XOM - News), Halliburton (NYSE: HAL - News), Level 3 Communications (NasdaqGS: LVLT), NYSE (NYSE: NYX - News), Cummins (NYSE: CMI - News), National Oilwell Varco (NYSE: NOV - News)
While Monday will be quiet, Cramer says there will be a lot going on the market for the remainder of the week. On Tuesday, VFC and PH will report, and he expects an upside for both companies since VFC is a "Benefit of the Doubt" play, and he predicts PH will ride the wave with ETN and Honeywell. Wednesday will be busy, and Cramer limited his picks to five; he would buy Akamai for its streaming video and Apple for its iPhone ahead of their earnings reports, BA because it is going to $100, and ATI which will report a "giant number" and Pepsi. On Thursday, he would take a look at XOM, which will report, as well as HAL and LVLT, both of which have "lagged” but may run. Cramer's growth stock of the year, NYX, also reports on Thursday. Cummins and NOV are on the agenda for Friday and are “not done going up"
Mad Mail: Lamson & Sessions (NYSE: LMS - News), Charter Communications (NasdaqGM: CHTR), Dynegy (NYSE: DYN - News), Rite Aid (NYSE: RAD - News)
Cramer likes LMS as a potential acquisition and predicts the risk/reward is 1 point down and 6 points up. Concerning the CNBC 's Million Dollar Portfolio Challenge, Cramer said his favorite stocks are CHTR, DYN and RAD as "great single-digit plays and LVLT as a "good game name."
Published by SeekingAlpha

Labels: ATI, BA, CMI, DYN, ETN, HAL, HON, Jim Cramer, LMS, Mad Money, NOV, NYX, OMG, PEP, PH, RAD, SGR, VFC, XOM

Rite Aid Corp. on Thursday reported a small fourth-quarter profit that missed expectations, and the nation's third-largest drugstore chain pushed back the expected closing date of its deal to purchase 1,850 Brooks and Eckerd stores.
The company's shares rose 14 cents, or 2.3 percent, to $6.13, in morning trading on the New York Stock Exchange.
In a conference call with analysts, Rite Aid executives said that the company has reached an agreement with Federal Trade Commission staff to shed 24 stores as part of the acquisition in a move expected to satisfy antitrust concerns.

Labels: RAD, Rite Aid Corp.

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Research In Motion (NasdaqGS:RIMM - News) matched earnings Wednesday afternoon with $0.99 EPS. RIMM's PowerRating is 5.
Christopher & Banks (NYSE:CBK - News) beat earnings Wednesday afternoon, with $0.05 EPS over an expected $0.04 EPS. CBK's PowerRating is 6.
Genentech (NYSE:DNA - News) beat earnings Wednesday after the close, announcing $0.74 EPS over an estimated $0.67 EPS. DNA's PowerRating is 5.
Fastenal (NasdaqGS:FAST - News) announces earnings Thursday before the open; watch for $0.35 EPS. FAST's PowerRating is 4.
MGIC Investment (NYSE:MTG - News) reports quarterly earnings Thursday morning, with analysts looking for $1.71 EPS. MTG's PowerRating is 4.
When Rite Aid (NYSE:RAD - News) announces earnings Thursday before the bell, expect $0.03 EPS. RAD's PowerRating is 4.
Analysts are watching for Vimpel Communications (NYSE:VIP - News) to announce $1.20 EPS tomorrow morning. VIP's PowerRating is 7.
PowerRatings are courtesy of PowerRatings.net

Labels: CBK, DNA, FAST, Hot Stocks, MTG, RAD, RIMM, VIP

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

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!'
Published by SeekingAlpha

Labels: AMGN, CELG, CHL, CHU, DNA, FLEX, FLIR, FRPT, GOOG, IIG, Jim Cramer, Mad Money, MPEL, NICE,