Jim Cramer Blog

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:
Avon Products (NYSE:AVP - News) reports earnings results on Tuesday before the market opens, with traders looking for $0.36 EPS. AVP's Short Term PowerRating is 3.

CME Group (NYSE:CME - News) is looking to report $3.62 EPS before the market opens on Tuesday. CME's Short Term PowerRating is 5.
Analysts will be watching for Duke Energy (NYSE:DUK - News) to announce $0.24 EPS on Tuesday morning. DUK's Short Term PowerRating is 4.
When Tyco (NYSE:TYC - News) announces quarterly results tomorrow morning, watch for $0.56 EPS. TYC's Short Term PowerRating is 3.
Bankrate (NasdaqGS:RATE - News) is poised to announce $0.39 EPS tomorrow after the stock market closes. RATE's Short Term PowerRating is 2.
Cheesecake Factory (NasdaqGS:CAKE - News) is expected to report $0.26 EPS tomorrow after the market closes. CAKE's Short Term PowerRating is 4.
JDS Uniphase (NasdaqGS:JDSU - News) should announce $0.12 EPS tomorrow afternoon when the market is closed. JDSU's Short Term PowerRating is 4.

Labels: AVP, CAKE, CME, DUK, Hot Stocks, JDSU, RATE, TYC

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:
SAIC (NYSE:SAI - News) beat earnings on Monday afternoon, announcing $0.26 EPS versus expectations of $0.23 EPS. SAI's PowerRating (for Traders) is 5.

Diamond Foods (NasdaqGS:DMND - News) also beat earnings on Monday, with $0.52 EPS over $0.44 EPS. DMND does not have a PowerRating (for Traders) due to volume constraints.
Bankrate (NasdaqGS:RATE - News) rallied 19% on Monday, after forecasting 2008 revenue ahead of analyst estimates, and an upgrade at Citigroup. RATE's PowerRating (for Traders) is 4.
Kroger (NYSE:KR - News) is looking to announce $0.35 EPS on Tuesday before the market opens. KR's PowerRating (for Traders) is 6.
Analysts are watching for Multimedia Games (NasdaqGS:MGAM - News) to report $0.01 EPS on Tuesday before the bell. MGAM's PowerRating (for Traders) is 3.
When ABM Industries (NYSE:ABM - News) reports quarterly results after the market close on Tuesday, be watching for $0.33 EPS. ABM's PowerRating (for Traders) is 3.
Cooper Cos (NYSE:COO - News) should report $0.68 EPS after the trading close tomorrow afternoon. COO's PowerRating (for Traders) is 5.

Labels: ABM, COO, DMND, Hot Stocks, KR, MGAM, RATE, SAI

Here are 7 trading ideas for today. This list comes directly from the TradingMarkets Stock Indicators page and is 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.
Valero Energy (NYSE:VLO - News). VLO's PowerRating (for Traders) 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.
W.W. Grainger (NYSE:GWW - News). GWW's PowerRating (for Traders) 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.
Axis Capital Holdings (NYSE:AXS - News) & Bankrate (NasdaqGS:RATE - News). AXS's PowerRating (for Traders) is 7, and RATE's PowerRating (for Traders) is 8.
Stocks Down 10% or More: These are stocks that have lost 10% or more over the past five days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that have lost 10% or more over the past five 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.
China BAK Battery (NasdaqGM:CBAK - News). CBAKS's PowerRating (for Traders) is 8.
Bearish
2-Period RSI Above 98: These are stocks that have a 2-day RSI reading above 98 and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average with a 2-period RSI reading above 98 have shown negative returns, on average, 1-day and 1-week later. Historically, these stocks have provided traders with a significant edge.
Steve Madden (NasdaqGS:SHOO - News). SHOO's PowerRating (for Traders) is 1.
5+ Consecutive 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.
Qlogic (NasdaqGS:QLGC - News). QLGC's PowerRating (for Traders) is 4.
Published By TradingMarkets.com

Labels: AXS, CBAK, GWW, Hot Stocks, QLGC, RATE, SHOO, VLO

Bullish Calls:
Mueller Water Products (NYSE: MWA - News): 'A very inexpensive stock. I remember when this thing was first spun off from Becker, the fertilizer company... It shouldn't be at $14. I have to buy that. That is a very consistent grower.'Schlumberger (NYSE: SLB - News): 'We've had a nice pullback here... I know that, if you own it, it doesn't feel nice... It's, at one point, a 10-point pullback ... I would pull the trigger on SLB ... Best quarter I have seen of the whole oil complex...'Costco (NasdaqGS: COST - News): 'Oh man, look at that... That was a 52-week high today ... I know why that hit a 52-week high... Because some of us are Gold Star members!'Goldcorp (NYSE: GG - News): 'why am I not backing away from gold? I think gold belongs in everyone's portfolio, so I am not saying anything bad about GG.'Yamana (NYSE: AUY - News): 'I know Yamana's been bad ... I'm sticking with AUY. It's a growth stock.'Apple (NasdaqGS: AAPL - News): 'I think that phone - despite the fact that everyone is blasting it - is a fantastic phone! I still like AAPL. I like the new Apple computers. I think AAPL's had its pullback, and is ready to rock again.'Dell (NasdaqGS: DELL - News)Hewlett-Packard (NYSE: HPQ - News)Green Mountain Coffee Roasters (NasdaqGS: GMCR - News): 'Now, up $4 bucks, I'm like reluctant to hit this (bull button), because then people t say he's just chasing momentum... But I've got to tell you, I think this is a pretty good stock...'Bankrate (NasdaqGS: RATE - News): 'That was unfairly knocked down this week. That was a clean quarter.'Cisco (NasdaqGS: CSCO - News): 'I think Cisco Systems is going to be a good quarter. At one point, that stock was down 50 cents today. I was surprised.'Microsoft (NasdaqGS: MSFT - News): ' I want to own MSFT, and I want to own tech... 'CV Therapeutics (NasdaqGM: CVTX - News): 'You found the gem. It's a little $8 buck stock. It's really down on its luck... I'd pull the trigger. I think you're right. I think there's value there.'
Bearish calls:
Movado Group (NYSE: MOV - News):'You know, there's been insider buying of MOV... I know that the last quarter was good. I felt personally burned by MOV... I cannot get behind MOV.'Taiwan Semiconductor Manufacturing (NYSE: TSM - News): 'TSM is a supplier. I want to buy the finished guys.'Infineon Technologies (NYSE: IFX - News) The Knot (NasdaqGM: KNOT - News): 'I've got some internet companies that are en feugo and KNOT is not one of them... '
Published By SeekingAlpha

Labels: AAPL, AUY, COST, CSCO, CVTX, DELL, GG, GMCR, HPQ, IFX, Jim Cramer, KNOT, Lightning Round, Mad Money, MOV, MSFT, MWA, RATE, SLB, TSM

ABM Industries Inc. (NYSE:ABM - News) shares rose Tuesday after the San Francisco-based facility services contractor reported fiscal first-quarter net earnings of $8.7 million, or 18 cents a share, up from $4 million, or 8 cents a share, in the year-ago period. Revenue rose 5.5% to $703.5 million from $666.6 million. ABM forecast fiscal second-quarter earnings of 28 cents to 32 cents, and raised its fiscal 2007 forecast to a range of $1.04 to $1.08 a share, or $1.12 to $1.16 a share excluding items.
Accuride Corp.'s (NYSE:ACW - News) fourth-quarter earnings fell slightly to $14.3 million, or 41 cents a share, from $14.9 million, or 43 cents a share, a year earlier. Sales at the Evansville, Ind., supplier of commercial vehicle components rose to $344.9 million from $297.7 million a year earlier, due to increased demand in the commercial vehicle industry and the partial pass-through of rising raw material costs. Analysts, on average, expected the company to earn 29 cents a share, according to Thomson Financial. For 2007, the company expects adjusted earnings before interest, taxes depreciation and amortization of $115 million to $135 million.
ADC Telecommunications (NasdaqGS:ADCT - News) reported first-quarter net earnings of $3.6 million, or 3 cents a share. During the same period a year ago, ADC posted a net loss of $1.8 million, or 2 cents a share. Earnings from continuing operations were $9.4 million, or 8 cents a share. A year ago, the loss from continuing operations was $1.3 million, or a penny a share. The provider of communications network infrastructure products and services posted revenue of $297.2 million vs. $272.8 million.
AES Corp. (NYSE:AES - News) was upped to overweight from equal-weight by Lehman Bros., though its price target was held at $24. "We like AES' 10% free cash yield and discount valuation to independent power producers. We believe investors have over-reacted to AES for its delay in filing the 10-K and its global earnings mix in the current environment," the broker said.
Altria Group (NYSE:MO - News) was upgraded to buy from hold at Deutsche Bank.
Ann Taylor Stores (NYSE:ANN - News) was upgraded to buy from neutral at Banc of America Securities.
Bankrate (NasdaqGS:RATE - News) was upgraded to above average from average at Caris & Co.
Barrier Therapeutics Inc. (NasdaqGM:BTRX - News) said it has entered an agreement with Novartis AG under which Novartis' consumer health division will promote Barrier Therapeutics' Vusion treatment for diaper dermatitis to pediatricians in the U.S. Under the agreement, which runs through 2008, Barrier will pay Novartis a flat fee for each sales call made to a pediatrician.
Bausch & Lomb (NYSE:BOL - News) said it initiated a limited voluntary recall of from distribution centers and retail shelves in the U.S. and specific other countries of 12 lots of ReNu MultiPlus lens care solution made at its plant in Greenville, S.C. because they contain an elevated level of trace iron. This may result in discoloration of the solution in some bottles, and the shelf life of the product may be shortened to less than its two-year expiration date, due to a potential loss of effectiveness over time. The company has received no reports of serious adverse events associated with these lots and believes virtually all of the affected product has already been used by consumers. The Rochester, N.Y.-based company has notified the U.S. Food and Drug Administration of this action. The company initiated a probe after receiving three customer reports of discolored solution. Bausch & Lomb does not expect the costs associated with this recall will have a significant impact on its financial results. The eye care company has struggled recently after it recalled its ReNu with MoistureLoc contact-lens solution due to an outbreak of eye-fungus infection. The company also released preliminary results for the fourth quarter and year and, citing a recall of its MoistureLoc contact lens solution, said its U.S. operations will be unprofitable.
Boyd Gaming (NYSE:BYD - News) was upgraded to buy from hold at Morgan Joseph.
Building Materials Holding Corp. (NYSE:BLG - News) was upgraded to buy from neutral at Sidoti & Co.
CBS Corp. (NYSE:CBS - News) agreed to buy back about 47 million shares of CBS class B common stock through an accelerated share repurchase transaction. The media company said it intends to effect this repurchase today. This the $1.4 billion buyback is in connection with CBS's share repurchase program announced on Feb. 27. The cost of the repurchased shares is subject to adjustment, CBS said.
Chartered Semiconductor Manufacturing (NasdaqGS:CHRT - News) backed is first-quarter earnings estimate of about $6 million, on revenue of about $324 million. The Milpitas, Calif., company will release first-quarter results on April 27.
CollaGenex Pharmaceuticals Inc.'s (NasdaqGM:CGPI - News) fourth-quarter loss narrowed to $4.83 million, or 28 cents a share, from $6.41 million, or 72 cents a share, a year earlier. The Newtown, Pa., pharmaceutical company said fourth-quarter revenue climbed to $13.2 million from $2.95 million, largely due to sales of Oracea, which totaled $9.7 million for the latest period. The drug, which treats inflammatory lesions of rosacea, was launched in the U.S. in July 2006. Analysts polled by Thomson Financial expected, on average, a fourth-quarter loss of 42 cents a share on revenue of $10.5 million.
Countrywide Financial (NYSE:CFC - News) chief financial officer says some subprime lenders will likely go belly up as a result of the current turmoil in the sector, but he stressed that the mortgage giant will pull through because of its broader business mix.
DaimlerChrysler (NYSE:DCX - News) stock jumped as Cerberus Capital Management emerged as the latest suitor for Chrysler after the private equity giant reportedly met with the struggling automaker to discuss a potential bid.
Datatrak International Inc. (NasdaqCM:DATA - News) shares gained after the company announced that it has been selected as the exclusive clinical trial technology platform by a unnamed multi-billion dollar North American pharmaceutical company. Cleveland-based Datatrak said the company was not previously a customer. Specifications and budgets related to the pending projects are not yet finalized, but Datatrak said multiple clinical trials are expected to begin in 2007.
Finisar Corp. (NasdaqGS:FNSR - News) reported pro forma third-quarter revenue of $107.5 million, up 16% from the year-ago period. The Sunnyvale, Calif.-based optical equipment company said its results were preliminary due to its ongoing review of historical stock options grants.
First Consulting Group Inc. (NasdaqGM:FCGI - News), the Long Beach, Calif., provider of outsourcing, consulting and systems-implementation and -integration services to health-related industries, delayed releasing its fourth-quarter and full-year financial results by a week, to March 13. In a statement, FCGI said it needed the extra time to complete tax-related analysis regarding how to apply certain net-operating-loss carry-forwards. "The analysis is not expected to impact the company's pre-tax operating results in any period," First Consulting said.
Fuel Tech Inc. (NasdaqGM:FTEK - News) shares gained after the Batavia, Ill.-based company reported a fourth-quarter net profit of $1.46 million, or 6 cents a share, down from $2.62 million or 11 cents a share, in the year-ago period. Revenue rose 11% to $18.1 million from $16.3 million in the same period last year. Analysts polled by Thomson Financial were expecting a per-share profit of 5 cents on revenue of $17.1 million. Fuel Tech forecast 2007 revenue of $90 million to $95 million.
Published By MarketWatch

Labels: ABM, ACW, ADCT, AES, ANN, BLG, BOL, BTRX, BYD, CBS, CFC, CGPI, CHRT, DATA, DCX, FCGI, FNSR, FTEK, MO, RATE

Here are 7 stocks to watch for today. This list comes directly from the TradingMarkets Stocks Indicators page.
Stocks Ready to Surge: These are the stocks that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals.
ITT Corporation (NYSE:ITT - News). ITT's PowerRating is 5.
Low-Priced Stocks Ready to Surge: These are the stocks under $10/share that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals. Please note: All stocks carry risk and low-priced stocks usually come with even more risk. Always use caution.
Anadigics (NasdaqGM:ANAD - News). ANAD's PowerRating is 5.
Pullbacks from Highs: Most successful momentum-based traders and money managers like to buy strong stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 30 (in weak or choppy markets there will be fewer) of the strongest stocks that have pulled back from recent highs. These stocks should be considered potential candidates to resume their longer-term uptrends.
Millicom International (NasdaqGS:MICC - News). MICC's PowerRating is 6.
Trading Where the Action Is: This list contains the most volatile stocks over the past 50 trading days. These stocks are only for the most aggressive traders who are willing to assume a high degree of risk in order to capture larger gains.
Mothers Work (NasdaqGM:MWRK - News). MWRK's PowerRating is 3.
Explosion List: An inherent feature of all markets is that periods of lower-than-normal volatility are usually followed by periods of higher volatility. These stocks are trading at one-third or less of their normal volatility and therefore have a high likelihood of exploding within the next few trading days.
Chico's Fas (NYSE:CHS - News). CHS's PowerRating is 3.
Stocks Ready to Drop: These are the stocks that today made new 10-day highs that are still in an downtrend as they are trading below their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term downside reversals.
Children's Place (NasdaqGS:PLCE - News). PLCE's PowerRating is 3.
Explosion List: An inherent feature of all markets is that periods of lower-than-normal volatility are usually followed by periods of higher volatility. These stocks are trading at one-third or less of their normal volatility and therefore have a high likelihood of exploding within the next few trading days.
Bankrate (NasdaqGS:RATE - News). RATE's PowerRating is 4.
PowerRatings are courtesy of PowerRatings.net

Labels: ANAD, CHS, Hot Stocks, ITT, MICC, MWRK, RATE

Alltel Corp. (NYSE:AT - News) was downgraded to sector perform from outperform at RBC Capital Markets.
Atherogenics (NASDAQ:AGIX - News) shares after the company said it plans to release data from a key clinical trial of its proposed treatment for coronary artery disease later than previously expected.
Bankrate (NASDAQ:RATE - News) was initiated with a buy rating and a $45 price target at Kaufman Bros.
Blackbaud (NASDAQ:BLKB - News) was initiated with a hold rating at Jefferies & Co. The firm set a $29 price target.
Borders Group Inc. (NYSE:BGP - News) expects fourth-quarter earnings per share below its prior outlook of $1.80 to $2. The book retailer, which cited factors such as lower-than-expected sales, added that annual per-share profit will also miss its outlook.
BP plc (NYSE:BP - News) shares slid after the company said it expects flat production for the fourth quarter.
Brightpoint (NASDAQ:CELL - News) was downgraded to sector performer from sector outperformer at CIBC World Markets.
Brookfield Homes Corp. (NYSE:BHS - News) said it closed 1,993 homes and lots in 2006, compared with 2,824 in 2005. Backlog at Dec. 31 was 247 homes, down 208 from a year earlier. The stock was also downgraded to sell at JMP Securities.
Celgene Corp. (NASDAQ:CELG - News) said its preliminary 2006 revenue reached $890 million, and adjusted per-share profit almost tripled. Analysts polled by Thomson First Call are looking for annual revenue of $897 million. The Summit, N.J., pharmaceutical concern added that it expects 2007 revenue of $1.3 billion and adjusted earnings per share of $1. Wall Street is looking for 2007 revenue of $1.38 billion, and per-share profit of $1.09.
Shares of CA Nacional Telefonos de Venezuela (NYSE:VNT - News) dropped following the announcement by the country's president, Hugo Chavez, of plans to nationalize the company.
Emageon Inc. (NASDAQ:EMAG - News) said it expects 2007 per-share profit of 24 cents to 29 cents and revenue from current business of $136 million to $140 million. The provider of enterprise medical information technology systems sees annual earnings per share excluding charges for depreciation, amortization and stock-based compensation of 79 to 87 cents.
Emcore Corp. (NASDAQ:EMKR - News) said it swung to fourth-quarter profit of $78.1 million, or $1.47 a share, boosted by the sale of the company's electronics materials and device unit and its interest in GELcore LLC. In the same period last year, the Somerset,N.J.-based maker of semiconductor components posted a net loss of $4.61 million, or 10 cents a share. Excluding the gain from the sale of the GELcore interest and the electronics and device unit, among other items, the company reported a net loss of $8.9 million vs. a net loss of $5.1 million last year. Revenue for the period rose 5.7% to $35.4 million from $33.5 million. Emcore expects first-quarter revenue of $38 million.
Escala Group (NASDAQ:ESCL - News) shares dropped after the New York-based collectibles company said it has received notification that the Nasdaq will delist its stock at the open of business Wednesday. The delisting is a result of the company's failure to file its Form 10-K for the fiscal year ended June 30, 2006, and its Form 10-Q for the quarter ended Sept. 30, 2006. Escala said it's committed to regaining compliance with Nasdaq's filing requirements and, if its appeal to the exchange is unsuccessful, the company said it plans to try to list its stock on another national securities exchange.
Garmin (NASDAQ:GRMN - News) was downgraded to neutral from buy at Merrill Lynch. The firm said it expects the company to lose market share as a barrage of new global positioning devices are introduced.
Gehl & Co. (NASDAQ:GEHL - News) was downgraded to neutral from buy at Sidoti & Co. The firm lowered its price target to $30 from $37.
Gentiv Health (NASDAQ:GTIV - News) was downgraded to equal weight from overweight at Lehman Bros. due to valuation concerns.
Greenbrier Cos. (NYSE:GBX - News) reported fiscal first-quarter earnings fell 77% on 32% higher revenue. For the quarter ended Nov. 30, earnings were $1.9 million, or 12 cents a share, compared with $8 million, or 51 cents, in the year-earlier period. A survey of analysts by Thomson First Call produced a consensus estimate of 12 cents. Revenue reached $246.6 million from $186.4 million. The company said that a number of factors knocked 40 cents off the latest share earnings. Half that 40 cents was tied to thinner-than-expected profit margins from new rail-car and marine production. Another dime of the 40 cents stemmed from sales deferred to later quarters and from the timing of revenue on a marine order. Greenbrier also cut its full-year estimate to a range of $2.15 to $2.40 a share. It had estimated $3.10 to $3.40. First Call was expecting $2.92.
Helen of Troy (NASDAQ:HELE - News) said fiscal third-quarter earnings rose to $22.8 million, or 72 cents a share, from $22.7 million, or 72 cents a share, a year earlier. Revenue increased to $213.4 million from last year's $197.5 million. Analysts surveyed by Thomson First Call had been expecting earnings of 85 cents a share and revenue of $204.6 million, on average. The El Paso, Tex. personal care products company said earnings were hurt by gross margin pressure in its personal care and housewares businesses, as well as by expenses associated with the OXO warehouse transition. For the fiscal fourth quarter, the company expects earnings of 25 to 30 cents a share, vs. analyst forecasts of 36 cents a share, and revenue of $135 million to $140 million.
Henry Schein Inc. (NASDAQ:HSIC - News) was downgraded to equal-weight from overweight at Lehman Bros.
Kenneth Cole Productions (NYSE:KCP - News) was downgraded to neutral from outperform at Cowen & Co.
Lawson Software Inc. (NASDAQ:LWSN - News) swung to a second-quarter loss of 2 cents a share from net income of 6 cents in the year-earlier period. Excluding items, the company earned 3 cents against 8 cents. Analysts polled by Thomson First Call had expected profit of 4 cents. Revenue more than doubled to $184.5 million from $89 million, while analysts had expected $180 million. For the third quarter, the St. Paul, Minn., enterprise software company estimated revenue of $181 million to $189 million, excluding $2 million of deferred revenue. Lawson sees the quarterly per-share result ranging from a 1-cent loss to break-even, or adjusted earnings of 2 cents to 3 cents. Wall Street is looking for third-quarter revenue of $194 million and per-share profit of 6 cents.
Mills Corp. (NYSE:MLS - News) shares dropped after the company said it's completed an internal investigation into accounting errors that will result in the restatement of its financial statements for 2001 to 2004, as well as the first three quarters of 2005. The retail property developer said in a regulatory filing that its probe revealed several cases in which its personnel "failed to recognize" the implications of certain "transactions, events or other facts." It also found that the company's fast growth, and its complex financial structure, "exacerbated" such errors. Mills said it would not know the full impact of the restatements until corrective measures have been implemented and the results are audited by Ernst & Young LLP. The company also said it is continuing to cooperate with a Securities and Exchange Commission investigation into its accounting practices.
Natus Medical Inc. (NASDAQ:BABY - News)said it expects first-quarter earnings of 7 cents to 8 cents a share. The average estimate of analysts surveyed by Thomson First Call is 11 cents. The San Carlos, Calif., health-care products company said it expects revenue for the quarter at $25.5 million to $26 million. Natus expects 2007 revenue to range from $114 million to $116 million, and earnings to range from 47 cents to 51 cents. The average earnings estimate of analysts is 51 cents for 2007.
New York & Co. (NYSE:NWY - News) said it expects fourth-quarter earnings at the low end of its estimated range of 37-46 cents a share. Analysts surveyed by Thomson First Call are forecasting earnings of 40 cents a share, on average. The retailer said it'll report an increase in gross margin for the fourth quarter due to improved merchandise margins. But it's facing higher-than-anticipated non-recurring litigation expenses pf 2 cents a share and increased costs related to marketing and store payroll to drive holiday sales.
Repsol (NYSE:REP - News) was downgraded to sell from hold at Deutsche Bank.
ScanSource (NASDAQ:SCSC - News) shares fell after the Greenville, S.C.-based distributor of specialty technology products said Monday it expects sales of $467 million to $475 million in its fiscal second quarter ended Dec. 31. Analysts polled by Thomson First Call are forecasting second-quarter sales of $485 million. ScanSource posted sales of $408.5 million in the same period last year.
Spectrum Control (NASDAQ:SPEC - News) reported fourth-quarter net income rose to 15 cents a share, from 8 cents in the year-ago period.
Sprint (NYSE:S - News) said it's on track to meet its financial targets for 2006. But the No. 3 U.S. wireless carrier plans to cut 5,000 jobs as it forecast sluggish sales growth, lower profit and higher capital expenditures this year.
Supervalu, Inc. (NYSE:SVU - News) said third-quarter net income rose 51% to $113 million, or 54 cents a share, from $75 million, or 53 cents a share, a year earlier. Results for the most recent quarter included 8 cents a share in one-time charges. Sales for the quarter improved to $10.7 billion from $4.7 billion. Analysts, on average, expected Supervalu to earn 56 cents a share on revenue of $10.53 billion, according to Thomson First Call. For the fourth quarter, the company expects earnings in the range of 59 cents to 66 cents a share after adjustments. For fiscal 2007, the company estimates sales of $37 billion and earnings in the range of $2.34 to $2.41 a share. Supervalu also announced a $1.2 billion capital program for 2008 to invest in new stores and refurbishing.
Tween Brands Inc. (NYSE:TWB - News) lowered its view for fourth-quarter earnings per share to a range of 85 cents to 88 cents. Previously, the specialty retailer had estimated 95 cents to $1. Tween said comparable-store sales should rise 3% to 4%, compared with its prior outlook for growth in the mid-single digits.
West Pharmaceutical Services (NYSE:WST - News) was downgraded to underweight from equal weight at Lehman Bros. The firm cited concerns about the company's margin outlook.
Published By MarketWatch

Labels: AGIX, AT, BGP, BHS, BLKB, BP, CELG, CELL, EMAG, EMKR, ESCL, GBX, GEHL, GRMN, GTIV, HELE, RATE, SVU, VNT, WST

Movin' on Up: Dolby (NYSE: DLB - News), Mastercard (NYSE: MA - News)
Cramer says that Dolby is still a buy even though it has risen substantially in the past month, and the stock reminds him of Mastercard which has kept going up. He comments that Dolby did not raise its estimates high enough and that it should fetch $1 per share in 2007. Dolby is "a great play on the flat-panel TV upgrade cycle, "and is starting to produce gaming consoles, notes Cramer who also likes that fact that 79% of its revenue comes from licensing which has big margins which should increase as it pursues the video market.
Trading Truce: eBay (NASDAQ: EBAY - News), Google (NASDAQ: GOOG - News), Yahoo (NASDAQ: YHOO - News), Baidu (NASDAQ: BIDU - News)
Although Cramer has been picking on eBay all summer, he finally declares that at $31.30 "it has become the ultimate value stock." First of all, he says that it is cheaper than it should be, it owns PayPal which web Goliath Google has not been successful in supplanting with its own service. Cramer admits that he was too critical of CEO Margaret Whitman, who has been negotiating advertising deals with Yahoo and Google, as well as an agreement with Baidu which will help distribute PayPal in China. In addition, eBay is flush with cash and is implementing buybacks, notes Cramer, who says that while he felt eBay was overpriced in the past, now "not only is it cheap, it's good."
Sell Block: Hershey (NYSE: HSY - News), Sirius Satellite Radio (NASDAQ: SIRI - News), Panera (NASDAQ: PNRA - News), XM Satellite Radio (NASDAQ: XMSR - News), Ford (NYSE: F - News), Smith & Wesson (NASDAQ: SWHC - News) and Bankrate (NASDAQ: RATE - News)
After hearing that Hershey lowered its earnings estimates, Cramer admits that he was wrong about the stock and suggested selling once it reaches $50 from$49.34. He also admitted a mistake in thinking that SIRI doesn't need to merge with XMSR. After SIRI lowered its sales outlook, Cramer thinks that the stock won't go anywhere "except slightly down unless it gets that merger with XM Radio." Yet another company, Panera, reduced its earnings estimates, blaming Midwestern stores. However, since only a small percentage of stores are affected, Cramer suspects that sluggish growth is the real reason for the reduction."It is running out of steam and I was wrong to recommend it. Get rid of it." Ford, which Cramer had recommended, is issuing convertible bonds with a 4% yield. "Now ... the common stock is plain wrong," Cramer said. "If you want to play Ford, then play it with the convertible bond for less-risky exposure." Finally, Cramer suggested taking some SWHC and RATE off the table.

CEO Interview: Sally Smith, Buffalo Wild Wings (NASDAQ: BWLD - News)
Cramer asked Sally Smith if BWLD could maintain its 11.8% company-owned sales growth, and she responded confidently that providing a good dining experience would encourage customers to come back. She added that the company could "absolutely" expand from 400 to 1,000 stores and noted that a new store was opened in Brooklyn, addressing a demand to go national: "We started getting letters from all over the country," she said. "They were craving the sauces and the wings and were wondering when we were going to their towns." Cramer commented on the restaurant chains "multiyear growth plan" and says that if it ever dips "back up the stock and buy some."
By Miriam Metzinger

Labels: BIDU, BWLD, DLB, Ebay, F, GOOG, HSY, Jim Cramer, MA, Mad Money, PNRA, RATE, SIRI, SWHC, XMSR, YHOO