Jim Cramer Blog

Bullish:

Boston Beer (SAM), beer brewers are in right now, so he wants to buy it at this price.
Research In Motion (RIMM), take half your profits off the table and wait for a dip in the stock to buy.
Monsanto (MON), Cramer thinks this is a buy
Deere (DE),
Potash (POT)
Bunge (BG),
Syngenta (SYT),
Mosaic (MOS),
Agrium (AGU),
XTO Energy (XTO),
Devon Energy (DVN),
Apache (APA),
Prudential (PRU),
Intel (INTC),
athenahealth (ATHN) - Cramer is bullish on this stock,
UnitedHealth (UNH).

Bearish:
Delta Petroleum (DPTR), rather have you in XTO, Devon Petroleum or Apache (APA)
Excel Maritime Carriers (EXM), too volatile to recommend at this price.
MetLife (MET)
SanDisk (SNDK). Buy Intel before you buy SanDisk.

Labels: AGU, BG, DE, Jim Cramer, Lightning Round, Mad Money Lightning Round, MON, MOS, POT, RIMM, SAM, SYT

Bullish Calls:
Yamana Gold (AUY): 'If you need a gold company, we're going to go with AUY.' Luxottica Group (LUX): 'Oakley shades.They're still talking about it.That means Oakley's still cool.T. Payne likes Oakley.I say two thumbs up, LUX.' Oakley (OO) Sam Adams (SAM) Molson Coors Brewing (TAP): 'I've got to tell you, TAP, at $89 bucks.' Nvidia (NVDA): 'That's what I want you in. NVDA is now best of breed. That's the play.' Wynn Resorts (WYNN): 'I recommended WYNN and the next day...Bear Stearns downgraded it, and you know what?... the stock went up. Cramer 1. Bear 0. And it's still up.' Service Corporation International (SCI):' this is a funeralcompany...this was the hottest, greatest company ever. It had some major financial problems, and it has come back. It's a buy on its own.' Bank of America (BAC)
Bearish calls:
Harmony Gold Mining (HMY): 'Whether it be the Harmony Club in New York City, or the HMY, I'm saying no way... Sell, sell, sell' Anheuser-Busch (BUD): 'BUD is the laggard. I don't want you to own BUD.' Silicon Motion Technology (SIMO) Melco PBL Entertainment (MPEL): 'MPEL is not for me, because of the big overruns. '
Published By SeekingAlpha

Labels: AUY, BAC, BUD, HMY, Jim Cramer, Lightning Round, LUX, Mad Money, MPEL, NVDA, OO, SAM, SCI, SIMO, TAP, WYNN

Cramer's Index: MGIC Investment (NYSE: MTG - News), Countrywide Financial (NYSE: CFC - News), Bear Stearns (NYSE: BSC - News), KB Home (NYSE: KBH - News), Centex (NYSE: CTX - News), MBIA (NYSE: MBI - News), Blackstone (NYSE: BX - News), Thornburg Mortgage (NYSE: TMA - News), Beazer Homes (NYSE: BZH - News), Washington Mutual (NYSE: WM - News), Goldman Sachs (NYSE: GS - News), Citigroup (NYSE: C - News)
While Cramer says he doesn't want to be a "buzz kill," he admits it is not possible to be really bullish as long as the housing crisis persists. Cramer formed his own "index" of the above-mentioned stocks, and said when the 12 companies stablilize and the Fed cuts interest rates, it will be time to let the bulls run once again. He made a personal appeal to Fed chairman Ben Bernanke; "Cut the rates. Take the pressure off. Many, many people could be about to lose their homes, because you're not listening..."
New Age Under Armour: Lululemon Athletica (LULU)
Cramer has discovered a new Under Armour, which like its predecessor, has experienced a massive initial bounce and is expected to keep growing. Yoga apparel company, LULU came public at $18 and jumped to $31 "in one of the worst tapes I've ever seen," said Cramer. However, he doesn't think this stock is a "one trick pony" but will keep going up as UA did, because LULU has been doubling stores year over year. Since the stock is speculative and has risen, Cramer recommends waiting at least 3 days or until the price drops before buying.
Beer is Near: Boston Beer (NYSE: SAM - News)
While in the current climate, investors are dubious of even some soft goods stocks, "People drink beer no matter what." Cramer likes SAM's 13% long-term growth rate and its smart move of acquiring a brewery from Diageo for $55 million rather than building a new one, which would have cost $200 million. Although he's a self-proclaimed "Bud man" Cramer gives SAM a triple buy, even near its 52-week high.
CFO Interview: Stephen Chazen, Occidental Petroleum (NYSE: OXY - News)
Chazen discussed production increases in Argentina and Peru; "California continues to be good for us." he added. Chazen dismissed worries about political risks, noting there are always political risks, and he remarked on the stability of OXY's chemical business. "All oil stocks are trading down in unison," Cramer said, and added now is the time to buy oil.
Published By SeekingAlpha

Labels: BSC, BX, BZH, CFC, CTX, GS, Jim Cramer, KBH, LULU, Mad Money, MBI, MTG, OXY, SAM, TMA, WM