Jim Cramer Blog

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.

EDO Corporation (NYSE:EDO - News). EDO's PowerRating is 8.
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.
West Marine (NasdaqGM:WMAR - News). WMAR's PowerRating is 7.
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.
Hilb, Rogal & Hobbs (NYSE:HRH - News) & Williams Sonoma (NYSE:WSM - News). HRH's PowerRating is 7, and WSM's PowerRating is 6.
Bearish
5+ Consecutive Up Days: These are stocks that have closed up 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 close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge. Historically, these stocks have provided traders with a significant edge.
Rogers Corporation (NYSE:ROG - News). ROG's PowerRating is 3.
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.
Intermec (NYSE:IN - News). IN's PowerRating is 4.
2-Period RSI Above 98: These are stocks that have a 2-period RSI reading above 98 and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving 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.
iRobot Corporation (NasdaqGM:IRBT - News). IRBT's PowerRating is 2.
PowerRatings are courtesy of PowerRatings.net

Labels: EDO, Hot Stocks, HRH, IN, IRBT, ROG, WMAR, WSM

Abercrombie & Fitch (NYSE:ANF - News) fourth-quarter profit rose 20% as sales climbed 18% but the New Albany, Ohio, teen-wear retailer warned that first-half results would be pressured. Same-store sales in the quarter dropped 3%.
Cleveland-Cliffs Inc. (NYSE:CLF - News) reported fourth-quarter earnings available to common- share holders of $1.59 a share, compared with $1.18 in the year-earlier period. Revenue at the Cleveland producer of iron-ore pellets rose to $622.6 million from $468.9 million.
EDO Corp. (NYSE:EDO - News) said its fourth-quarter net profit fell 44% to $4.2 million, or 22 cents a share, from $7.4 million, or 37 cents a share a year earlier. Revenue for the period ending Dec. 31 rose 29.4% to $258.7 million, due to acquisitions including engineering group CAS Inc. and Impact Science & Technology. Organic growth slipped 8.8% due to lower sales in its electronic-force-protection division, as margins and profit were hit by one-time items including legal costs and write-offs. Analysts polled by Thomson Financial were expecting earnings of 45 cents a share on revenue of $261 million. EDO said it expects 2007 revenue, excluding the impact of acquisitions, to be between $960 million and $1.01 billion.
EMC Insurance Group Inc. (NasdaqGS:EMCI - News) reported fourth-quarter net income fell 40% on 2.7% lower revenue. Earnings were $11.5 million, or 84 cents a share, against $19 million, or $1.40, in the year-earlier period. Operating earnings were 78 cents compared with $1.34. Revenue fell to $114.8 million from $118 million. Premiums earned decreased 3.7% to $102.8 million. Investment income increased 8.3%to $11.9 million. For 2007, EMC expects operating earnings of $2.25 to $2.50 a share, compared with the $3.70 posted for 2006.
G-III Apparel Group Ltd. (NasdaqGM:GIII - News) said it expects fiscal 2007 earnings of 90 cents to 95 cents a share on revenue of $425 million to $428 million.
ICT Group Inc. (NasdaqGM:ICTG - News) reported fourth-quarter net income of $5.1 million, or 32 cents a share, up from $4 million, or 30 cents, earned in the last three months of 2005. Quarterly revenue generated by the Newtown, Pa.-based services outsourcing company reached $117.2 million from the prior year's $110.4 million. Analysts, on average, had been looking for earnings of 32 cents a share on revenue of $116 million, according to estimates compiles by Thomson Financial. For 2007, ICT Group said it's shooting for earnings in a range of $1.43 to $1.50 a share; analysts' average stands at $1.49 a share. However, the company pegged first-quarter earnings at 20 cents to 23 cents a share, compared to a 30-cent average estimate among analysts who follow ICT Group.
Newmont Mining Corp. (NYSE:NEW - News) reported fourth-quarter earnings of $223 million, or 50 cents a share, up from a year-ago profit of $62 million, or 14 cents a share. On a continuing operations basis, Denver-based Newmont earned $215 million, or 48 cents a share, in the latest quarter, up from last year's equivalent profit of $69 million, or 16 cents a share. Revenue rose in the latest three months to $1.46 billion from $1.29 billion in the same period a year earlier. The average estimate of analysts polled by Thomson Financial was for a profit of 40 cents a share in the December period. Newmont said its consolidated gold sales for the fourth quarter reached 2 million ounces at costs applicable to sales of $322 per ounce and an average realized price of $619 per ounce. Looking ahead, the company said it expects capital spending of between $1.8 billion and $2 billion for 2007.
Patterson Cos. (NasdaqGS:PDCO - News)reported fiscal third-quarter earnings of 43 cents a share, up from 39 cents in the year-earlier period. The latest results reflect an income tax benefit of a penny a share and stock-based compensation expense of a penny a share. Sales rose 4% to $709.5 million from $682.4 million. The average estimate of analysts polled by Thomson Financial was profit of 44 cents.
Quicksilver Resources Inc. (NYSE:KWK - News) reported fourth-quarter earnings of 24 cents a share, down from 43 cents in the year-earlier period. The Fort Worth, Texas, oil and gas company posted revenue of $102 million vs. $102.9 million. Analysts polled by Thomson Financial had forecast earnings of 27 cents a share on revenue of $104 million.
Reddy Ice Holdings Inc.'s (NYSE:FRZ - News)fourth-quarter net loss widened to 23 cents a share from 20 cents while revenue rose 1.2% to $61.6 million. Analysts polled by Thomson Financial had expected a loss of 17 cents on revenue of $61 million. Reddy said it expects 2007 revenue to range $360 million to $370 million. Net income is expected to range 87 cents to $1.06 a share. The company also said Jimmy Weaver will succeed William Brick as CEO. Brick will become executive chairman.
Rogers Corp. (NYSE:ROG - News) reported fourth-quarter earnings of 72 cents a share, up from 62 cents in the year-earlier period. Revenue at the Rogers, Conn., maker of specialty material-based products rose to $122.7 million from $98 million. The company expects first- quarter earnings of 48 cents to 52 cents a share on revenue of $108 million to $112 million.
Ruth's Chris Steak House Inc. (NasdaqGS:RUTH - News) reported fourth-quarter earnings more than doubled to 46 cents a share from 18 cents in the year-earlier period. Revenue rose 51% to $88 million.
Salesforce.com Inc. (NYSE:CRM - News) fourth-quarter profit fell 91%, while revenue surged 58%, roughly in line with expectations.
Safeway Inc.'s (NYSE:SWY - News) fiscal fourth-quarter earnings rose 77% to $307.9 million or 69 cents a share, from $173.5 million, or 39 cents a share, boosted by 8-cents a share in favorable tax items. The year-earlier quarter was hampered by a net of 10 cents a share because of store-exit activities, employee buyouts that were only partially offset by favorable tax items. The Pleasanton, Calif., food and drug retail chain said Thursday that revenue grew 3.8% to $12.5 billion from $12.05 billion in the year-earlier quarter. Identical-store sales, or sale at stores open for more than a year, climbed 3.5%.
Symbion Inc. (NasdaqGS:SMBI - News) said fourth quarter earnings fell to $4.5 million, or 21 cents a share, from $5.6 million, or 25 cents a share, a year earlier. Analysts polled by Thomson Financial predicted fourth quarter earnings of 22 cents a share. Revenue rose 10% to $78.9 million from $71.5 million as same-store net patient service revenue climbed 8%.
Synopsys Inc.'s (NasdaqGS:SNPS - News) fiscal first-quarter net income surged to 16 cents a share from a penny a share in the year-earlier period. The Mountain View, Calif., software company's revenue for the quarter ended Jan. 31 increased 15% to $300.2 million.
Toll Brothers, (NYSE:TOL - News) the Horsham, Pa., luxury-home builder, reported fiscal first-quarter net income fell 67% on 19% lower revenue.
Published By MarketWatch

Labels: ANF, CLF, CRM, EDO, EMCI, FRZ, GIII, ICTG, KWK, NEW, PDCO, ROG, RUTH, SMBI, SNPS, SWY, TOL

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.
General Electric (NYSE:GE - News). GE'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.
Dobson Communications (NasdaqGS:DCEL - News). DCEL's PowerRating is 7.
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 7.
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.
Rackable Systems (NasdaqGS:RACK - News). RACK's PowerRating is 4.
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.
Circuit City (NYSE:CC - News). CC's PowerRating is 3.
Pullbacks from Lows: Most successful momentum-based traders and money managers like to sell weak stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 20 (in strong or choppy markets there will be fewer) weak stocks that have pulled back from recent lows. These stocks should be considered potential candidates to resume their longer-term downtrends.
Rogers Corporation (NYSE:ROG - News). ROG's PowerRating is 3.
Short Windows Candidates: These are stocks which are in a strong downtrend, as determined by a proprietary trend filter and whose current bar has its low above the 4-day moving average. Historically, these stock on average have had a larger than normal short-term downside reversals. In order for us to have a sell signal, the 10-period ADX must be 30 or higher and the -DI must be greater than the +DI. Or we must have a 14-period -DI reading of above 30 (with no ADX reading required). "Single Windows" are the most common type of Windows. They are simply a single bar which has its low of the day above the 4-period moving average. You will enter if the stock trades below today's low.
SM&A (NasdaqGM:WINS - News). WINS does not have a PowerRating due to volume constraints.
PowerRatings are courtesy of PowerRatings.net

Labels: CC, DCEL, GE, Hot Stocks, MICC, RACK, ROG, WINS

Advanced Micro Devices (NYSE:AMD - News) shares fell 9.5% after it said it sees fourth-quarter revenue, excluding ATI, rising 3% sequentially. The Sunnyvale, Calif.-based chip company said it expects operating income in the quarter, excluding ATI and acquisition-related charges, to be "substantially" lower than in the third quarter due to lower microprocessor average selling prices.
CalAmp (NASDAQ:CAMP - News) shares dropped 7.7% after it reported third-quarter net earnings of $896,000, or 4 cents a share, down from $5.44 million, or 23 cents a share, during the year-ago period. The Oxnard, Calif.-based provider of wireless equipment posted revenue of $61.1 million vs. $64.5 million a year ago.
Cablevision Systems' (NYSE:CVC - News) shares slipped more than 4% following news that the company's founding family has lifted its bid to take the cable operator private. Charles and James Dolan, who say this is their final offer, are proposing to acquire the company's shares for $30 a share in cash, valuing the total equity at about $8.9 billion and representing a 25.4% premium to the closing price of Cablevision shares at the time of the previous offer. That proposal, made last October, was for $27 a share, or $7.9 billion. The latest offer expires at the close of business on Jan. 17.
Jewett-Cameron Trading Co. Ltd. (NASDAQ:JCTCF - News) shares dropped 23% after the company reported earnings of $287,883, or 18 cents a share, for the quarter ended Nov. 30, down from a profit of $550,391, or 36 cents a share, a year earlier. Revenue fell 15% in the period to $15.5 million from $18.2 million last year, primarily due to lower market prices for structural products and lower volumes due to slowing in the recreational boating, transportation and laminated veneer lumber sectors.
Netflix (NASDAQ:NFLX - News) shares slipped more than 6% after it was downgraded to neutral from overweight at J.P. Morgan.
Northwest Airlines Corp. (Other OTC:NWACQ.PK - News) shares fell almost 13% after it filed a plan of reorganization with the bankruptcy court, a deal that would give the airline's unsecured creditors an unspecified amount of stock in the carrier, and said it would report a significant improvement in 2006 earnings.
Pool Corp. (NASDAQ:POOL - News) shares fell more than 10% after it lowered its outlook for fiscal 2006, saying it now expects earnings of $1.74 to $1.75 a share, below a prior projection for a profit of $1.82 per share. The Covington, La., distributor of swimming pool and backyard products attributed the shortfall to lower gross margins, flat base business sales growth, and a negative contribution from new stores.
RC2 Corp. (NASDAQ:RCRC - News) shares dropped about 12% after it said it expects annual per-share income to miss its prior outlook of $2.52 to $2.62 due to lower-than-expected sales and profit margins. The toy company said sales from continuing operations for the fourth quarter were flat to slightly down compared with a result of $154 million during the same period in the prior year.
Rogers Corp. (NYSE:ROG - News) shares slumped more than 6% after it said it now expects fourth-quarter earnings of 68 cents to 72 cents a share, down from its previous forecast of 90 cents to 93 cents a share. The Rogers, Conn.-based specialty materials manufacturer also said it now sees net sales for the quarter of about $122 million. The company's previously announced net sales outlook was $122 million to $126 million. Additionally, Rogers said it expects full-year per-share earnings of at least $2.64 on revenue of $454 million.
Terayon Communications (Other OTC:TERN.PK - News) shares fell more than 16% after it was downgraded to hold from buy at Jefferies & Co. The firm also cut its price target on the stock to $2.20 from $3.35, citing disappointing results for the third quarter.

Labels: AMD, CAMP, CVC, JCTCF, NFLX, NWACQ.PK, POOL, RCRC, ROG, TERN