Jim Cramer Blog

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Skechers (NYSE:SKX) missed earnings on Wednesday afternoon, reporting $0.26 EPS versus a cAnalysts are watching for Baidu.com (NasdaqGS:BIDU) to report late in the day on Wednesday afternoon. BIDU's Short Term PowerRating is 3.
Daimler AG (NYSE:DAI) reports earnings on Thursday before the market opens, with traders looking for $1.93 EPS. DAI does not have a Short Term PowerRating due to volume constraints.
When Comcast (NasdaqGS:CMCSA) announces results tomorrow morning before the bell, look for $0.17 EPS. CMCSA's Short Term PowerRating is 4.
Analysts are looking for Goodyear Tire (NYSE:GT) to report $0.42 EPS tomorrow before the bell. GT's Short Term PowerRating is 4.
Watch for Ingersoll-Rand (NYSE:IRto announce $0.97 EPS on Thursday morning. IR's Short Term PowerRating is 3.
Marriott (NYSE:MAR) is poised to announce $0.62 EPS on Thursday before the stock market opens. MAR's Short Term PowerRating is 4.onsensus of $0.29 EPS. SKX's Short Term PowerRating is 3.

Labels: BIDU, CMCSA, DAI, GT, Hot Stocks, IR, MAR, SKX

On Friday, Cramer started the show by saying that this is the week that people gave up on technology, retail, and banking. Cramer said that despite this, he thinks that there are still chances to make you money. Cramer then went into his Game Plan for next week. Cramer discussed McDonald's (MCD) because they have an analysts meeting on Tuesday, and Cramer thinks you should get in before then. The company delivers consistent international growth and can maintain in the U.S. even if a recession hits.
Then Cramer went to the phonelines. The first caller asked about Halliburton (HAL), and Cramer said that they will have a great year next year, and he wants you to buy it between $36 and $38. The next caller asked about Skechers (SKX), and Cramer said he doesn't understand why this stock is going down, and he thinks good stocks are being beaten up with the bad.
Cramer then had an interview with presidential candidate Chris Dodd, where they talked about Dodd's plans for his campaign and how some of his policies would affect investors.
After the lightning round, Cramer had the CEO of Foster Wheeler (FWLT) on the show to talk about why the stock will continue to rise. Their customers are building larger and larger projects, and he thinks the market is very, very strong for their services.
Mad Mail: Cramer told the first writer to take profits when they are up big so weeks like this one don't hurt as much. The next email asked if Cramer is sure that Under Armour (UA) is finished, and Cramer said he thinks they are. After that they then showed the highlights of the week, and wrapped up the show.

Labels: HAL, Jim Cramer, Mad Money, Mad MOney Recap, MCD, SKX

On Monday's show, Cramer said that he thinks retailers will have a turnaround. He believes that the good retailers can't fall any further, and that there will be 2 more rate cuts before the end of the year, which he thinks is bullish for retailers if you look back at their past performance after rate cuts. Cramer also said that the change in the weather will allow retailers to move some of their new winter products. His first two retail picks are Ralph Lauren (RL) and Nordstrom (JWN). Both of these stocks are down big from their recent highs, and he thinks that luxury goods retailers will be the first to turn around since people with more money to spend won't be as concerned with economical concerns, making both of these stocks bargains.
Cramer then went to the phonelines. The first caller asked about J.C. Penney (JCP), and Cramer said that he likes the stock, but can't pull the trigger because he thinks it will be behind the luxury retailers when the sector turns around. The next caller asked about timing the purchase of retail stocks around Christmas. Cramer said that it is time to buy these two stocks now. The last caller asked about Build a Bear Workshop (BBW), and Cramer said he wants you to stay far away from that stock.
Cramer then gave out his top retail pick, which was Target (TGT). He also noticed that stores are very full, thinks that they make shopping fun, that they are opening stores rapidly, and that the stock is cheap. But his primary reason is that the company is thinking about selling its credit card business, which could fetch up to $7 billion. Target could use this money for a large stock buyback.
Cramer also mentioned that he had a good call to sell Smith and Wesson (SWHC) last week since they guided earnings lower today.
After the lightning round, Cramer talked with Chris Matthews about the effect politics and the upcoming elections will have on the stock markets.
Mad Mail: The first email asked if Cramer would have other presidential candidates on the show, and Cramer said that he welcomes them all on the show. The next email asked about Sketchers (SKX), and Cramer said that he thinks they suffered from bad timing, and he thinks they have that straightened out now. Another email asked about Six Flags (SIX), and Cramer said they got hurt by bad weather and bad acquisitions. Lastly, an emailer asked about Hologic (HOLX), and Cramer said not to worry about the large short interest because it is being driven up by merger arbitrage players.
Sudden Death. Cramer is bullish on Manitowoc (MTW), bullish on Baidu.com (BIDU), bearish on Dow Chemical (DOW), and bullish on Adobe (ADBE).

Labels: BBW, JCP, Jim Cramer, JWN, Mad Money, Mad MOney Recap, RL, SIX, SKX, SWHC

On Friday, Cramer interviewed Mitt Romney, Republican candidate for president in 2008. They talked about his business background, his plans for the country, and his campaign.
"Speculation Friday" Cramer talked about a stock that he has been bearish on since he began the show. The stock is Skechers USA (SKX), which he thinks is poised for a turnaround since it beat earnings this week with strong revenue growth and international growth. If the company can expand its margins as the CEO promised, Cramer thinks this can be a $31 stock.
Cramer then went to the phone lines. The first caller asked about Nike (NKE) and their acquisition of Umbro, which Cramer likes and wishes he hadn't sold. The next caller asked about Heelys (HLYS), and Cramer said to stay away.
Before the Lightning Round Cramer did some housecleaning. First he said that he likes Starent Networks (STAR) again, since the price has dropped down to where he first recommended it. Next he said that Synta Pharmaceutical (SNTA) is risky, but Cramer likes it a speculative play. He also said that he likes Celgene (CELG) better.
Cramer's Game Plan for next week. Since the Fed is meeting next week, Cramer focused his plan on ways to profit from the results of the meeting. He thinks we will get a half point rate cut on Wednesday. His first suggestion is Annaly (NLY) since Cramer thinks they saw the mortgage crisis coming, and were prepared to profit from it. The next stock is FMC Technologies (FTI) since it helps oil companies find more oil, and it reports earnings on Tuesday. The next stock to buy is Transocean (RIG) since it is not affected by the poor US oil drilling market, and its merger with GlobalSantaFe (GSF) will close in about a month.
Cramer said that you should buy half your position in these stocks on Monday, and then buy the rest after the Fed announcement, since there is a chance that the Fed won't cut rates and that the market goes down because of it.
Wynn Resorts (WYNN) and Las Vegas Sands (LVS). Finally, Cramer answered an email that asked about these stocks. Cramer thinks that they are both well run companies.

Labels: CELG, HLYS, Jim Cramer, Mad Money, Mad MOney Recap, NKE, SKX, SNTA, STAR

Apple (NasdaqGS: AAPL - News): 'Let's buy it down. You want to have 200 shares of AAPL, you buy 50 tomorrow at the opening, and then you pray it comes down... until five days before the iPhone is shipped, and then you've got to skee-daddy out of that guy... 'Alcoa (NYSE: AA - News):' ... even though it has had a monster run, and we believe in the stock, I am sticking with AA here.'Sony (NYSE: SNE - News): 'House of pleasure. I think that SNE goes higher ... How many companies come out with a totally third-rate product, that nobody likes, and then goes up 25% because of it ... I think it goes to $53, and there I want to pull the trigger.'Pall (NYSE: PLL - News): ' ... if you really want to go with that filtration game - that you go with Pall.'Tetra Tech (NasdaqGS: TTEK - News): ' ... if you want clean water, they've got it.'NYSE Euronext (NYSE: NYX - News): 'The NYX is not going to go up until everybody sells it, and everybody gets short it, and all the analysts come around and admit that they're wrong about being negative... and then it's going to fly.'
Bearish calls:
Resources Connection (NasdaqGS: RECN - News): ' I would not buy this stock. Don't buy, don't buy.'Skechers USA (NYSE: SKX - News): ' ... they had an inventory problem earlier in the year ... I think that SKX is too dangerous.'Calgon Carbon (NYSE: CCC - News)Verasun Energy (NYSE: VSE - News): 'You're kidding me, right? ... That stock was just created by bankers in order to be able to take the money from you - sell, sell, sell! '
Published by SeekingAlpha

Labels: AA, AAPL, CCC, Jim Cramer, Lightning Round, NYX, Pll, RECN, SKX, SNE, TTEK, VSE

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Skechers USA (NYSE:SKX ) missed earnings after the close on Wednesday; analysts were looking for $0.53 EPS, but SKX only announced $0.52 EPS. SKX's PowerRating is 6.
CYTYC Corporation (NasdaqGS:CYTC) beat earnings on Wednesday, with $0.32 EPS over an expected $0.31 EPS. CYTC's PowerRating is 5.
Aetna (NYSE:AET) reports earnings on Thursday morning before the bell; watch for $0.77 EPS. AET's PowerRating is 6.
Beazer Homes (NYSE:BZH) announces results on Thursday before the market opens, with analysts looking for -$0.17 EPS. BZH's PowerRating is 3.
Exxon Mobil (NYSE:XOM) should announce $1.52 EPS before the action beings on Thursday. XOM's PowerRating is 5.
When Ford (NYSE:F) announces earnings early Wednesday, analysts will be watching for -$0.60 EPS. F's PowerRating is 4.
Watch for Monster Worldwide (NasdaqGS:MNST) to report $0.33 EPS on Thursday morning. MNST's PowerRating is 4.
PowerRatings are courtesy of PowerRatings.net

Labels: AET, BZH, CYTC, F, Hot Stocks, MNST, SKX, XOM

PG&E Corp. (NYSE:PCG - News) posted a fourth-quarter profit of $152 million, or 43 cents a share, down from $180 million, or 49 cents a share, a year earlier. The company attributed most of the decline to severance costs that resulted in an after-tax cost of 5 cents a share in the most recent period. Analysts polled by Thomson First Call had expected a profit of 44 cents a share. California's biggest utility raised its outlook for 2007 earnings by 5 cents a share to a range of $2.70 to $2.80 a share.
Quanta Services Inc., (NYSE:PWR - News) the Houston provider of contracting services and solutions for electric power, gas, telecommunications and cable television, swung to a fourth-quarter loss from a year-earlier profit on 13% higher revenue. For the first quarter Quanta expects to earn 10 cents to 12 cents a share compared with 7 cents in the year-earlier period. Revenues should range $540 million to $550 million, up from $496.5 million a year earlier.
Skechers USA Inc. (NYSE:SKX - News) reported fourth-quarter earnings more than doubled to 33 cents a share from 14 cents in the year-earlier period. The Manhattan Beach, Calif., footwear company posted revenue of $304.5 million vs. $223.5 million. Skechers expects first-quarter earnings of 50 cents to 55 cents a share on revenue of $325 million to $335 million.
Teekay Shipping Corp. (NYSE:TK - News) reported fourth-quarter earnings fell to 81 cents a share from $1.85 in the year-earlier period. The Bahamas shipper of oil and natural gas posted voyage revenue of $587 million, up 10%.
TRW Automotive Holdings (NYSE:TRW - News) earned 32 cents a share in the fourth quarter, down from 57 cents in the year-earlier period. The Livonia, Mich. maker of safety systems for cars said sales rose 4.3% to $3.3 billion. The average estimate of analysts polled by Thomson Financial was earnings of 3 cents on revenue of $3.16 billion. TRW is forecasting sales of $13.4 billion to $13.8 billion for 2007, yielding earnings of $1.85 to $2.15. Thomson is looking for earnings of $2.10 and sales of $13.4 billion.
ValueClick Inc. (NasdaqGS:VCLK - News), an Internet marketing firm, reported profit increased 56% as sales rose 38%.
Wabtec Corp. (NYSE:WAB - News) Thursday reported fourth-quarter earnings of $26.2 million, or 53 cents a share, up from a year-ago profit of $16.3 million, or 34 cents a share. On a continuing operations basis, the company earned $26.9 million, or 55 cents a share, in the fourth quarter, up from a year-ago equivalent profit of $17.9 million, or 37 cents a share. The latest results include a net tax benefit of 8 cents a share. Excluding the gain, the Wilderming, Pa., maker of rail technology products said it earned 45 cents a share in the latest quarter. Sales rose 9% in the latest three months to $294.4 million from $270.3 million in the same period a year earlier. The company attributed the sales increase in the latest quarter to higher sales of transit locomotives, locomotive components and radiators for non-rail markets, as well as acquisitions. The average estimate of analysts polled by Thomson Financial was for a profit of 44 cents a share in the December period. The company also affirmed its outlook for earnings of $2.10 a share for fiscal 2007, excluding restructuring expenses of roughly 5 cents a share. Wall Street's current consensus estimate is for a profit of $2.10 a share for the year.
WebMD Health Corp. (NasdaqGS:WBMD - News) reported fourth-quarter earnings of 15 cents a share, up from 11 cents in the year-earlier period. The New York provider of health information services posted revenue of $80.6 million vs. $49.1 million. WebMD raised its 2007 outlook and now expects per-share earnings of 35 cents to 48 cents on revenue of $336 million to $352 million.
Whole Foods (NasdaqGS:WFMI - News) agreed to acquire smaller rival Wild Oats Markets Inc. (NasdaqGM:OATS - News) for about $565 million, as it grapples with competition from conventional supermarkets.

Labels: OATS, PCG, PWR, SKX, TK, TRW, VCLK, WAB, WBMD, WFMI