Jim Cramer Blog

Bullish calls:
Raytheon (NYSE: RTN - News): 'Raytheon's probably the cheapest.'General Dynamics (GDNorthrop Grumman (NYSE: NOC - News)Lockheed Martin (NYSE: LMT - News)Frontline (NYSE: FRO - News):'Yours is a winner. Frontline is a buy. I see the stock went down today, but, you know, a lot of stocks went down today. That's a good one.'UnitedHealth (NYSE: UNH - News): 'Understand, I've owned this stock for a couple of years for my charitable trust. This is precisely the kind of stock that does well on a slowdown. ... I want to buy the stock.'Norfolk Southern (NYSE: NSC - News): 'Every railroad stock has been killed. ... All of them are owned by very big hedge funds. ... People say to themselves, 'I guess all the hedge funds are getting killed.' That is not true. ... I still like the stock.'Trinity Industries (NYSE: TRN - News): 'When this mortgage mess clears up, I think Trinity comes back. I think that's the kind of stock you buy. ... I'm not backing away."'Nastech Pharmaceutical (NasdaqGM: NSTK - News): 'I would prefer, if you want to speculate, that you speculate with Nastech Pharmaceutical.'American Standard (NYSE: ASD - News): 'I frankly don't know why the market hates it so much. ... I'm stickin' by. It's painful, but I'm stickin' by it.'LKQ (NasdaqGS: LKQX - News): 'I like your company. I would stick with it.'Yamana Gold (NYSE: AUY - News): 'I'll stick with Yamana.'
Bearish calls:
Boston Scientific (NYSE: BSX - News): 'They canceled an IPO. I don't like the balance sheet. This is not my favorite company in the group. Even at $13, I'm going to reiterate that I can't get behind the medical company Boston Scientific.'Spartan Motors (NasdaqGS: SPAR - News)Jones Soda (NasdaqCM: JSDA): 'They missed the quarter. You cannot miss the quarter and be a high-multiple stock. Not only did they miss the quarter -- they missed the last quarter. ... I cannot pull the trigger. ... Jones is in the penalty box.'Limited Brands (NYSE: LTD - News): 'Here's a company that's doing absolutely everything right, but no one cares. My take is this: The Limited is too cheap, but I can't think of a catalyst to turn this stock around.'St. Joe (NYSE: JOE - News): 'I cannot be in the stock. It's just not the place to be.'WCI Communities (NYSE: WCI - News)SuperGen (NasdaqGM: SUPG - News)Coeur d'Alene Mines (NYSE: CDE - News): 'I have never been a fan of Coeur d'Alene. They always issue a lot of stock. They never seem to go anywhere.'
Published By SeekingAlpha

Labels: ASD, AUY, BSX, CDE, FRO, Jim Cramer, JOE, Lightning Round, LKQX, LMT, LTD, Mad Money, NOC, NSC, NSTK, RTN, SPAR, SUPG, TRN, UNH

Bullish Calls:
Freeport-McMoRan (NYSE: FCX - News): 'A lot of people were shaking today when it was down $4. That was a mistake. The quarter was a thing of beauty. ... I think you should stay in FCX. Copper and gold? We need 'em both.'Celgene (NasdaqGS: CELG - News): 'Buy some Celgene!'Schlumberger (NYSE: SLB - News): 'This company is the best in show. I gotta tell you something. It ain't done. You know what this company is? It's $80 going to $120. ... Get some Schlumberger.'Ford (NYSE: F - News): 'Go buy the Ford preferred. Don't buy the common.'Bank of America (NYSE: BAC - News)Citigroup (NYSE: C - News)Hologic (NasdaqGS: HOLX - News): 'It has to close this deal. Until it closes this deal, you're not going to get the ramp that you want. ... This is going to own women's diagnostics. They're going to own it, and when they do, this stock is going to go up huge.'Dominos Pizza (NYSE: DPZ - News): 'It reported this great quarter. ... Remember, just up $2 almost. I prefer to buy it under $20. Be patient.'Tata Motors (NYSE: TTM - News): 'I'm going to give this only a lukewarm buy up here.'Accenture (NYSE: ACN - News)Trinity Industries (NYSE: TRN - News): ' I like Trinity because I like rails. When you think of rails, you think of a company that makes rail cars. That's Trinity.'Leucadia National (NYSE: LUK - News): 'It's just a couple of guys that run money. They do a good job. ... I'm never going to dis them.'Brookfield Asset Management (NYSE: BAM - News)Nike (NYSE: NKE - News)Caterpillar (NYSE: CAT - News): 'You need to be in Caterpillar.'Terex (NYSE: TEX - News)
Bearish calls:
Human Genome Sciences (NasdaqGM: HGSI - News): 'Don't mess with Human Genome Sciences. Buy some Celgene.'ING (NYSE: ING - News): 'That's a bank I don't really care for.'Spartan Motors (NasdaqGS: SPAR - News): 'This was a great trade. It has since turned into a bad one, and I've gotta tell you, bad ones don't come back. ... I don't want to own this anymore.'Joy Global (NasdaqGS: JOYG - News): 'Too levered to coal. That was a nasty, ugly quarter. I can't sugarcoat it.'Nokia (NYSE: NOK - News): 'Do I like Nokia? Absolutely. Do I think that you're being a hog? Absolutely. You're selling half tomorrow morning, my friend.'
Published By SeekingAlpha

Labels: BAC, BAM, CAT, CELG, DPZ, F, FCX, HGSI, HOLX, Jim Cramer, Lightning Round, LUK, Mad Money, NKE, NOK, SLB, SPAR, TRN, TTM

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

Bullish calls:
Sears (NasdaqGS: SHLD)Monsanto (NYSE: MON - News): 'The bears and the analysts refuse to get behind this stock ... They think it's overvalued as a chemical stock. It's part of the ag play ... hybrid corn seeds, in a world where we are short corn seeds. MON is not done going up. I would be an aggressive buyer right here at $59. ('mon-back sound).'Agrium (NYSE: AGU - News)Deere (NYSE: DE - News)Spartan Motors (NasdaqGS: SPAR):' I want you in SPAR. That's the one to pull the trigger on right now.'Virgin Media (NasdaqGS: VMED): 'I want VMED to be bought here! VMED is the play for cable in Europe, in London... It has been stalled here ... I think you want to pull the trigger on VMED. I like it as much as ever. All aboard.'Time Warner (NYSE: TWX - News): 'Other cable companies - notably CMCSA and TWX - have started to move back up.'Comcast (NasdaqGS: CMCSA) Research In Motion (NasdaqGS: RIMM): 'RIMM hit a 52-week high today ... Almost no other tech stock I follow has done that. I think it's a sign of strength ... I bet RIMM is having a great quarter. They have survived every single war imaginable. I'm not backing away. I still like the stock. I would still be a buyer. Buy, buy, buy!'Toyota Motor (NYSE: TM - News): 'The stock is stuck... It's been hurt by weak sales of Tundra - their F-150 competitor... It's also been hurt by a strong yen ... That's a mistake. $126? Come on. I'm doing a triple buy.'Hexcel (NYSE: HXL - News): 'HXL is engineered product. That stock is down more than 20% from its high? That's a colossal mistake. Buy, buy, buy!'Allegheny Technologies (NYSE: ATI - News): 'Did you know that ATI - my stock of the year last year - another new high today! That one's a winner.'Foster Wheeler (NasdaqGS: FWLT): 'FWLT is the way to play construction. They've got the best order book.'Lockheed Martin (NYSE: LMT - News)L-3 Communications (NYSE: LLL - News)General Dynamics (NYSE: GD - News)Theravance (NasdaqGM: THRX): 'THRX was the stock that stumped me last week, and one of the reasons why it stumped me is that it's moving up very rapidly ... The stock had a big run but, you know what? I think it's really got that great bloodline now... So I like THRX.'
Bearish calls:
Hudson City Bancorp (NasdaqGS: HCBK): ' ... with the yield curve... with the 10-year at 4.75%, and the short rates higher, that's a nightmare for any regional bank ... Don't buy, don't buy.'Force Protection (NasdaqCM: FRPT): 'I believe that SPAR, which then gives the products to FRPT, is the better play.'Veraz Networks (NasdaqGM: VRAZ): 'This one I got behind. It is not working. That is worrisome to me. When they don't work like this, I've got to pull my situation, and do more work.'XM Satellite Radio (NasdaqGS: XMSR): 'XMSR is very problematic ... The FCC and congress have made this dea (merger with Sirius Satellite Radio) too difficult ... I want to sell XMSR.'Crystallex (AMEX: KRY - News): 'KRY has been creeping up ... I would recommend sell at $4 and change. I'll buy it back at $2 and change. I do not trust this Chavez. You can't either.'CDW (NasdaqGS: CDWC)Washington Group (NYSE: WNG - News): 'I like the construction group, but you know my favorite has not been WMG, but it's been FWLT.'SAIC (NYSE: SAI - News): 'I don't want to be linked to government spending right now, because I think it's not trustworthy... '
Published by SeekingAlpha

Labels: AGU, ATI, BBY. RIMM, CMCSA, DE, FWLT, GD, HXL, Jim Cramer, Lightning Round, LLL, LMT, Mad Money, MON, SHLD, SPAR, THRX, TM, TWX, VMED

Rethinking Spartan Motors Spartan Motors (NasdaqGS: SPAR)
Although he initially rejected a pitch for Spartan Motors made by an IU Kelley School of Business student, Cramer is now bullish after investigating the stock further. Initially, he thought SPAR was mainly involved with recreational vehicles which would be out of favor with rising oil prices. However, Spartan also manufactures emergency vehicles, and since 55% of the nation's firetrucks need replacing, Spartan vehicles will be in demand. In addition, the armed forces require vehicles that will protect soldiers from roadside bombs. Spartan's military motor division recently scored the second largest contract in its history. The company's RV business is doing well, because baby boomers love RVs. While Spartan has a great story, Cramer cautions that this small-cap speculative stock may not be for everyone and to wait for a pullback before buying.
Sell Block: WCI Communities (NYSE: WCI - News), Simon Property Group (NYSE: SPG - News), Hologic (NasdaqGS: HOLX), Norfolk Southern (NYSE: NSC - News), Union Pacific (NYSE: UNP - News), Greenbrier Companies (NYSE: GBX - News), Coldwater Creek (NasdaqGS: CWTR), Gilead Sciences (NasdaqGS: GILD), Celgene (NasdaqGS: CELG), Altria (NYSE: MO - News), Kraft (NYSE: KFT - News) Take-Two Interactive (NasdaqGS: TTWO)
Cramer is "adamant that homebuilders can't be owned" and would sell WCI even though it hasn't moved, along with SPG, which has had a big increase. He would also sell HOLX which is "priced for perfection" but which has been the target of articles suggesting its products are less than perfect. Cramer likes rails as a "happy oligopoly, but given NSC's disappointing guidance, he would swap it for UNP on any strength. Cramer confessed "I deserve to be roasted over hot coals" for recommending GBX as a short-busting play when the stock has had a huge drop. Cramer wants to avoid getting burned again over CWTR and would sell even though it seems to be making a comeback. He thinks upgrades of semiconductors are "insane" and would get rid of the entire sector. Gilead, Cramer's "bio stock of the year" is now too expensive, and he would sell it or swap into Celgene. Now that Altria has spun off Kraft, Cramer would hold onto MO and sell KFT; "American cheese just doesn't turn it's customers into hopeless addicts."Finally, the fact that it is difficult to zero in on what is really wrong with TTWO is the best reason to sell it.
Mad Mail: Deere (NYSE: DE - News), Coca-Cola (NYSE: KO - News)
Cramer would back up the truck and buy DE because, for the long-term "we are in a secular bull market inf farming" and sees a strong comeback for Deere. Cramer also likes KO because if it's brand turns around in Japan, KO could rise from $50 to $55.

Published by SeekingAlpha

Labels: DE, GBX, HOLX, Jim Cramer, KFT, KO, Mad Money, MO, NSC, SPAR, SPG, TTWO, UNP, WCI

How Much are Those Cubbies in the Window? Tribune (TRB)
Wednesday's Mad Money was broadcast from Indiana University as part of Cramer's Back to School tour. "The bears have gone into hibernation," he declared noting that they were held back by fear because they don't want to miss out on the money that will be made from Fed rate cuts or the resulting rallies if oil falls below $60. He welcomed Mark Cuban, owner of the Dallas Mavericks and IU alumnus, and asked if Cuban was looking at buying the Chicago Cubs from TRB. Cuban replied it was too early to tell, but indicated after baseball season and if given an offer, he would think it over. Cramer and Cuban locked horns briefly on the issue of buying stocks early, a strategy Cramer recommends, while Cuban urged, "Invest in equity you understand and you know better than anybody else. Improve your own value first." However, Cuban added it is advisable to buy a stock if one feels strongly about it, and sees a "great opportunity" in the market.
Gentlemen Start Your Cummins Engine (CMI)
The Hoosier stock which should make investors "truckloads of money" is CMI, according to Cramer, who regretted missing an opportunity to get behind the stock because he believed the money men rather than doing homework. Cramer called CMI the "perfect local company" for Indiana residents who, unlike the analysts, can go to Columbus, Indiana, and investigate the company. At $145, CMI isn't cheap, but students without cash should buy at least one share, said Cramer. CMI didn't suffer from the local slump in truck sales because of its international business, and Cramer thinks it could go "much, much higher."
Any Questons: Google (GOOG), Spartan Motors (SPAR), Rock-Tenn (RK), Plantronics (PLT)
During the Q & A session, a student asked Mark Cuban if he still thinks it was a mistake for Google to buy YouTube. Cuban answered that while YouTube has been sued for allegedly stealing content, Google can deal with the problem. When a student pitched SPAR, Cramer asked why he considered it "money in the bank" since SPAR is very cyclical and its end markets are sluggish. However, Cramer agreed with another student about RK after the student noted it is paying off debt, is buying back stock and has pricing power; Cramer added that he likes the short action in RK. Although Plantronics had a disappointing quarter, Cramer would stay with this "worldwide leader in headsets" because he "likes controversy."
Published by SeekingAlpha

Labels: CMI, GOOG, Hot Stocks, Jim Cramer, Mad Money, PLT, RK, SPAR, TRB

JetBlue (NasdaqGS:JBLU - News) was upgraded to buy from neutral at Goldman Sachs.
Knology (NasdaqGM:KNOL - News) was upgraded by UBS to buy from neutral ahead of the communication technology company's earnings next week. The fundamental outlook remains strong, free cash flow should grow significantly in 2007 and refinancing will substantially lower the cost of debt, the broker said.
Laboratory Corp. of America Holdings (NYSE:LH - News) said its fourth-quarter earnings rose 17% to $103.7 million, or 81 cents a share, from $88.9 million, or 64 cents a share, a year earlier. The Burlington, N.C., provider of clinical laboratory services said that excluding $7.7 million in restructuring charges and other charges related to the retirement of the company's chief executive, the company earned $108.4 million, or 85 cents a share, compared with $93.1 million, or 67 cents a share, a year earlier. Laboratory Corp. said revenue for the quarter rose 9.3% to $898.6 million from $822.3 million a year ago. Analysts surveyed by Thomson Financial expected, on average, earnings of 72 cents a share on revenue of $874 million. In addition, Laboratory Corp. said it expects 2007 revenue growth of 11% to 13% and earnings of $3.93 to $4.09 a share.
Macquarie Infrastructure Co. (NYSE:MIC - News) was initiated with a neutral rating and a $40 price target at Credit Suisse.
Medimmune (NasdaqGS:MEDI - News) was higher after the company reported favorable results of a study of the use of its FluMist vaccine with children under five years of age. In addition, on Wednesday, investor Carl Icahn and his Icahn Management L.P. affiliate disclosed that they had bought 2.8 million Medimmune shares.
Midland Co. (NasdaqGS:MLAN - News) said its fourth-quarter net income rose to $21.1 million, or $1.07 a share, from $20 million, or $1.03 a share, a year earlier. Excluding realized capital gains, the insurer earned $19.1 million, or 97 cents a share, for the latest period. Fourth-quarter revenue increased 13% to $207.4 million from $183.5 million. Analysts surveyed by Thomson Financial, on average, expected the Cincinnati company to earn 93 cents a share and generate revenue of $198.7 million for the latest fourth quarter. For 2007, Midland expects net income of $3.25 a share to $3.55 a share.
Molson Coors Brewing Co. (NYSE:TAP - News) reported sharply higher fourth quarter profit Thursday, buoyed by volume increases and an extra selling week. The company said it earned $99.2 million, or $1.15 a share, up from $22.4 million, or 26 cents, in the year ago period. Excluding various items, the company would have earned $108.4 million, or $1.24 a share, up from $53.9 million, or 63 cents. Sales net of excise taxes were $1.5 billion, a gain of 10%, while volume rose to 10.9 million barrels form 10.3 million. The average estimate of analysts polled by Thomson Financial had been for Molson Coors to earn 94 cents a share on revenue of $1.42 billion.
Ness Technologies Inc. (NasdaqGS:NSTC - News) said it anticipates generating a profit of $1 to $1.05 a share for 2007, on revenue pegged in a range of $560 million to $570 million. The profit forecast includes about 7 per diluted share for one-time expenses, which the company expects will be taken against first-quarter results. Excluding these one-time expenses, Ness Technologies forecast the current quarter's earnings in a range of 21 cents to 23 cents a share on revenue of $123 million to $129 million. Analysts' average profit projections, as compiled by Thomson Financial, stand at 23 cents a share for the first quarter and $1.02 for 2007, with average revenue estimates of $129 million and $560 million, respectively.
Network Appliance (NasdaqGS:NTAP - News) shares gained after the storage-technology company reported third-quarter results that exceeded Wall Street analysts' estimates. The company earned $66.5 million, or 17 cents a share, on revenue of $729.3 million. Excluding one-time items, it would have earned $111.1 million, or 29 cents a share, while analysts surveyed by Thomson Financial had forecast a profit of 28 cents a share on $703.8 million in revenue. Brokerage Friedman, Billings & Ramsey raised its rating on the stock to outperform from market perform.
Nutrisystem (NasdaqGS:NTRI - News) shares jumped after the company said fourth-quarter earnings rose to $19.6 million, or 53 cents a share, from a year-earlier profit of $6.27 million, or 17 cents a share. The Horsham, Pa., diet-food company said revenue nearly doubled to $133.6 million, from $69.6 million a year earlier. It also said its board has approved the buyback of up to $200 million worth of its common stock.
Nymex Holdings (NYSE:NMX - News) was upgraded to neutral at J.P. Morgan.
P.H. Glatfelter Co. (NYSE:GLT - News) reported fourth-quarter earnings of $15 million, or 33 cents a share, down from a year-ago profit of $26.9 million, or 61 cents a share. Excluding items, such as gains from the disposition of timberlands and shutdown and restructuring charges, the company posted a non-GAAP (generally accepted accounting principles) profit of $10 million, or 22 cents a share, in the latest quarter. Sales rose in the latest three months to $268.6 million from $143.2 million in the same period a year earlier. The York, Pa., specialty papers and engineered products maker noted that the latest results include the impact of its Lydney and Chillicothe acquisitions. The average estimate of analysts polled by Thomson Financial was for a profit of 15 cents a share in the December period.
Pool Corp. (NasdaqGS:POOL - News) said its fourth-quarter loss for the three months ended Dec. 31 widened to $5 million, or 10 cents a share, from a loss of $876,000, or 2 cents a share in the year-ago period. The Covington, La. pool distributor said sales increased 6% to $318.5 million in the wake of its acquisition of Wickham acquisition, growth in the Horizon business and a 1% increase in base business sales. Analysts surveyed by Thomson First Call forecast a loss of 9 cents a share, on average. Operating loss for the fourth quarter was $4.1 million compared to operating income of $2.3 million. For 2007, the company projects 15% to 20% earnings growth.
Reliance Steel & Aluminum Co. (NYSE:RS - News) reported fourth-quarter earnings of $74.6 million, or 98 cents a share, up from a year-ago profit of $60.6 million, or 91 cent a share. Sales surged 81% in the latest three months to $1.57 billion from $868.7 million in the same period a year earlier. The Los Angeles-based metals company said the latest results include a pre-tax LIFO expense of $37.9 million, or 31 cents a share. The average estimate of analysts polled by Thomson Financial was for a profit of $1.22 a share in the December period on revenue of $1.56 billion. The company said its gross profit margins were slightly below its earlier expectations due to some inventory de-stocking that caused added competitive pressures. Reliance also said its LIFO expense in the latest quarter was "significantly higher" than anticipated.
Smithfield Foods (NYSE:SFD - News) said it expects earnings for the third quarter of fiscal 2007 to come in a range of 53 to 56 cents a share, down from 63 cents a year ago. The average estimate of analysts polled by Thomson Financial is for earnings of 41 cents a share. The company said a 'significant' decline in hog production earnings was partially offset by strong international earnings and 4 cents a share of tax adjustments.
Spartan Motors (NasdaqGS:SPAR - News) shares rose after the Charlotte, Mich.-based maker of chassis and vehicles reported fourth-quarter net earnings of $3.28 million, or 16 cents a share, up from $986,000, or 5 cents a share, last year. The 2006 fourth quarter included a non-cash charge of $2.1 million, 10 cents a share, related to a write-off of goodwill for Spartan's ambulance subsidiary, Road Rescue. Revenue rose to $123.6 million from $75.5 million. Analysts polled by Thomson Financial were expecting a per-share profit of 17 cents on $102.3 million.
State Auto Financial Corp. (NasdaqGS:STFC - News) said that fourth-quarter net income rose to $44.9 million, or $1.08 a share, from $29.5 million, or 71 cents a share, a year ago reflecting a disciplined underwriting policy. Analysts were expecting the property and casualty insurance holding company to post earnings of 85 cents a share, according to data supplied by Thomson Financial. The company's combined ratio for the fourth quarter of 2006 was 83.5, versus 90.5 a year ago. Revenue rose to $281.0 million, from $280.9 million in 2005. 2007 is expected to be a year of positive transition, the company said.
Stratasys (NasdaqGS:SSYS - News) shares jumped after the Minneapolis-based maker of rapid prototyping devices and 3-D printing systems reported fourth-quarter net earnings of $3.65 million, or 35 cents a share, up from $3.15 million, or 30 cents a share, last year. Excluding stock-based compensation expense, profit came in at 38 cents a share. Revenue rose to $29.7 million from $23.5 million. Analysts polled by Thomson Financial were expecting a per-share profit of 36 cents on revenue of $27.6 million. Stratasys forecast 2007 earnings of $1.28 to $1.40 a share, or $1.37 to $1.49 a share excluding items, on revenue of $105 million to $110 million.
Strayer Education (NasdaqGS:STRA - News) said fourth-quarter net income rose 7% to $16 million, or $1.11 a share, with revenue up 20% to $74.3 million. Excluding stock-bsed compensation costs, it would've earned $1.22 a share, up 18% from a year ago. Analysts polled by Thomson Financial expected earnings of $1.08 a share. The company estimated first-quarter earnings between $1.27 and $1.29 a share, and stock-based compensation expenses of 11 cents a share. Analysts on average see earnings of $1.27 a share in the first quarter.

Published By MarketWatch

Labels: GLT, JBLU, KNOL, LH, MEDI, MIC, MLAN, NMX, NSTC, NTAP, NTRI, POOL, RS, SFD, SPAR, SSYS, STFC, STRA, TAP