Jim Cramer Blog

Sun Microsystems (JAVA): Cramer thinks it's finally turned the corner, but it's still too cheap.
Potash (POT): Cramer says that rankings in the agriculture sector are Agrium (AG), Mosaic (MOS), Sociedad Quimica (SQM), and then Potash since it moved too much.
Nuance (NUAN): "Don't buy. Don't buy."
Cheesecake Factory (CAKE): Thinks it's too cheap. Not giving up on it yet.
Rite-Aid (RAD): Giving CEO one more quarter. He thinks that CVS (CVS) and Walgreens (WAG) are doing much better.
China Mobile (CHL): This is a China stock that he still likes, along with Baidu.com (BIDU).
VF Corp. (VFC): Cramer thinks it's one of the better names in the apparel sector.
Western Refining (WNR): If you want to buy a refining stock, buy Valero
(VLO), or Sunoco (SUN) instead of WNR.
Energy Conversion Devices (ENER): Lose it and go with First Solar (FSLR)
Lockheed Martin (LMT): Start buying. Cramer thinks the stock is going even higher.
Starbucks (SBUX): "Don't buy, Don't buy."
Marvell (MRVL): Cramer thinks it's toxic.
First Horizon National (FHN): It's a cheap bank stock, and Cramer likes that.
Coeur d'Alene Mines (CDE): Cramer thinks this is one of the worst mining companies around, and that Barrick Gold (ABX) is the best play, and you can go with Pan American Silver (PAAS) if you want a silver stock.
DivX (DIVX): "There is nothing there to buy."
GameStop (GME): Wants the stock lower. Cramer thinks you should take some profits now, and buy more if the stock drops below $55.
Exxon Mobil (XOM): Cramer's price target for this stock is now $100.
Haynes (HAYN): It's played out for now.

Labels: CAKE, CHL, CVS, JAVA, Jim Cramer, Lightning Round, Mad Money Lightning Round, NUAN, POT, RAD, SQM, VFC, WAG, WNR

Bullish calls:
Morgan Stanley (NYSE: MS - News): 'I'm a bull about Morgan Stanley.'Goldman Sachs (NYSE: GS - News): 'When Goldman Sachs is down another 5, that, my friends, is better than Morgan Stanley.'Altria (NYSE: MO - News): 'This is a stock to buy on the way down. ... Let's hope that it comes down so we can buy more.'Wachovia (NYSE: WB - News): 'Wachovia Bank's OK here. I'm not going to rave about it.'Bank of America (NYSE: BAC - News): 'That's cheap!'Apple (Other OTC: APPL.PK - News)Amazon.com (NasdaqGS: AMZN - News)Research In Motion (NasdaqGS: RIMM - News)Google (NasdaqGS: GOOG - News)Celgene (NasdaqGS: CELG - News): '... down below 60 was just a gift. It was a gift that would keep giving.'GOL Linhas Areas Inteligentes (NYSE: GOL - News)McDermott (NYSE: MDR - News)Chemical & Mining Co. of Chile (NYSE: SQM - News): 'When it comes to fertilizer, I like to go to Chile. I like to go to SQM.'Potash Corp. of Saskatchewan (NYSE: POT - News): 'Is okay.'Gilead Sciences (NasdaqGS: GILD - News): 'That one's coming down, and so is Celgene. This group does tend to go down when the interest rates go higher.'
Bearish Calls
Rackable Systems (NasdaqGS: RACK - News):' I believe that Rackable Systems represents really bad tech.'Annaly Capital Management (NYSE: NLY - News): 'This is a stock that needs interest rates lower ... At 14, I would buy more.'Foster Wheeler (NasdaqGS: FWLT - News)Knight Capital Group (NasdaqGS: NITE - News): 'I happen to like the management of Knight. ... I don't want to be in Knight ... I don't want to touch them until they're lower.'Rentech (AMEX: RTK - News): 'It is too speculative.'
Published by SeekingAlpha

Labels: AMZN, APPL.PK, BAC, BBY. RIMM, CELG, GILD, GOL, GOOG, GS, Jim Cramer, Lightning Round, MDR, MO, MS, POT, SQM, WB

Six Bulls: John Deere (NYSE: DE - News), Monsanto (NYSE: MON - News), Sociedad de Chemica (NYSE: SQM - News), Caterpillar Inc. (NYSE: CAT - News), Terex (NYSE: TEX - News), Manitowoc (NYSE: MTW - News), Foster Wheeler (NasdaqGS: FWLT - News), McDermott International (NYSE: MDR - News), Jacobs Engineering (NYSE: JEC - News), Boeing Co. (NYSE: BA - News), Halliburton (NYSE: HAL - News), Royal Dutch Shell (RDS-A), Exxon Mobil (NYSE: XOM - News), Freeport McMoran (NYSE: FCX - News), Lundin Mining (AMEX: LMC - News)
Cramer dedicated the program to discussing six bull markets and recommending stock picks for each sector.
Agriculture: Cramer commented on a "disturbing" editorial in the New York Times which called for an end to agricultural subsidies, but he is confident the policy will never be enacted. Cramer calls Deere "money in the bank" and notes that it sells at 16x earnings and has a 12% growth rate. While Monsanto, which trades at 35 x earings "will never be cheap," Cramer says its 24% growth rate is worth the price at $60, and he would buy it up to $70. The Chilean fertilizer company, SQM, is the world's largest supplier of lithium which goes into batteries and will be in shorter supply as "the greening movement reaches its nauseating zenith."
Machinery While he confesses amazement that CAT is stalled, Cramer says it is "preposterously cheap" trading at 13x earnings with 12% growth. He adds CAT has great international exposure, will benefit from the collapse of its Japanese competitors, and is a solid infrastructure play. While he also likes TEX and MTW, Cramer thinks CAT is still best-of-breed.
Infrastructure: Cramer calls this the "wildest" bull market which will benefit from oil prices and the need to create alernative power plants and petroleum infrastructure. Even though Foster Wheeler and McDermott International have had "tremendous runs" Cramer notes FWLT sells at just 17x next years earnings with 34% growth, and MDR has 14% growth and sells at 17x earnings. He adds these stocks do not get enough coverage on Wall Street, and would buy them. Cramer gives Jacob's Engineering and honorable mention, although is more expensive than the other two.
Aerospace:Boeing is up only 10% when the rest of the sector has risen 22%, and Cramer comments, "It's a laggard. It should be leading." Boeing sells at 20x earnings and has 18% growth. He thinks the company has a good future given the health of the sector, its international business, and some "amazingly-terrible problems at AirBus."
Oil and Gas: After a run for this sector, it was down on Tuesday; "People are just thinking it's over, because oil is down 2 bucks," said Cramer and he expressed confidence that the sector would bounce back. In spite of its "giant" buyback, "robust" outlook for oil and gas and its international exposure, Cramer notes HAL is down 12% from last year. Cramer likes Royal Dutch Shell with 10x earnings, 8% sales growth, and a yield at nearly 4%. While Exxon Mobil was down on Tuesday, it is still "a go-name for big institutions."
Minerals: Cramer says rumors of full copper inventories are "nonsense," because the Chinese need more copper. He likes copper play FCX and says its gold is a good hedge against inflation. He notes the company sells at only 9x earnings, but he predicts a 12x multiple. Cramer added the quarter was not good due to strikes and the cost of its Phelps Dodge deal, but predicts it will benefit from copper demand. He also likes Lundin which he thinks will go from $12 to $15 on the Tenke Mining deal in late June.
Published By SeekingAlpha

Labels: BA, CAT, DE, FCX, FWLT, HAL, JEC, Jim Cramer, LMC, Mad Money, MDR, MON, MTW, SQM, TEX, XOM

Airgas (NYSE: ARG - News): 'They keep beating the numbers. It's had a couple of points pullback. You know what that means. C'mon. ('mon-back sound)... ARG is a winner here.'Akamai Technologies (NasdaqGS: AKAM): ' ... when we start doing digital video, I am going to gravitate, if not migrate, to AKAM. A very solid report out just today about how good they're doing. The stock closed up a little bit. Let's hope it comes down so we can buy some.'DivX (NasdaqGM: DIVX): ' ... if you're going to do digital video, you know we're going to do DIVX.'Vertex Pharmaceuticals (NasdaqGS: VRTX): 'I am always shocked that VRTX is still independent, given their strength in the hepatitis area. I've got to believe that someone takes them out eventually. In the meantime, it's doing really well. I want to stick with VRTX. I think that that is a buy, buy, buy. 'HealthExtras (NasdaqGS: HLEX): 'It's another network pharmacy cost-saving play.... That whole quotient ... Every one of those is going to do well, if you get the slowdown that I'm expecting...'MedcoHealth (NYSE: MHS - News)Express Scripts (NasdaqGS: ESRX)Terra Nitrogen (NYSE: TNH - News): 'You should keep thinking, and you should pull the trigger.' Mosaic (NYSE: MOS - News): 'Hey, how about MOS - which was the one that we chose - upgraded again today, which is just on fire.'Sociedad Quimica (NYSE: SQM - News): 'Don't forget the SQM - at a 52-week high. We have owned this fertilizer trade with the SQM.'M&F Worldwide (NYSE: MFW - News)American Ecology (NasdaqGM: ECOL): 'It's got a 3% yield. It's kind of stalled here. You know I do like the waste business. This is toxic waste. I'm not backing away.'Harris (NYSE: HRS - News): 'You know we're a big buyer of HRS. HRS is the ultimate high-def play .. It's up a little bit. I say stay long it. It's good. It's a low-multiple tech stock.'NYSE Euronext (NYSE: NYX - News): ' I feel that this stock - which is all the way back down to where I recommended it - is ready to be re-charged... I think NYX, the numbers are understated. I'm going back to NYX, and I am telling you to not be perturbed. I am telling you to buy. Buy, buy, buy!'Wheeling-Pittsburgh (NasdaqGM: WPSC): 'I recommended this stock literally right here, about two years ago. It's still sitting here. Every other steel company is going up.'Reliance Steel (NYSE: RS - News): 'I'm going to recommend RS for the takeover basis.'Nucor (NYSE: NUE - News): 'I'm going to give you NUE on the earnings basis.'
Bearish calls:
Sonic Solutions (NasdaqGS: SNIC): 'No... No, no.'CMGI (NasdaqGM: CMGI): 'I think we're in a shakeout market here, after this selloff... I think there's another day for it. Can we please wait, to let that stock go under $2, before we pull the trigger? Sell, sell, sell!'
Published by SeekingAlpha

Labels: AKAM, ARG, DIVX, Hot Stocks, HRS, Jim Cramer, Lightning Round, Mad Money, MFW, MHS, MOS, NUE, NYX, RS, SQM, TNH

Bullish calls:
GlobalSantaFe (NYSE: GSF - News): ' I like GSF.'Transocean (NYSE: RIG - News): 'I like RIG.'McDonald's (NYSE: MCD - News): 'What's not to like? You know MCD is my favorite. Now, it is true that my friend Danny Meyer did indicate that McDonald's is kind of like a filling station... but it's a darn clean filling station and, really, honestly... is there anyone in the world that doesn't like their fries?... 'EMC (NYSE: EMC - News)Moody's (NYSE: MCO - News): 'Well I did have a sense that they [Credit Suisse downgraded] were a combination Zuukoff-Stalin, when they were doing that kind of communist downgrade. Here's the deal: I think that MCO is not as good as MHP.'McGraw Hill (NYSE: MHP - News): 'I like MHP, because it's got a more diversified business. So I support the idea of MCO, but not as much as MHP.'Greif (NYSE: GEF - News): 'I think that this is the company that looks so much like it could be taken out in a private equity deal. It's got the plastic, fiber, corrugate... basic American commodity plays... but, I can't recommend that at its 52-week high ... You need a pullback, before you can back the truck up.'Halliburton (NYSE: HAL - News): 'HAL announces what is the equivalent of the giant buyback that I've been looking for. I just had to point that out...'China Mobile (NYSE: CHL - News): 'You should be going into CHL - the only Chinese stock I recommend on this show.'Time Warner (NYSE: TWX - News): ' Incredibly undervalued ... I still think it goes to $25.'Chemical & Mining Company of Chile (NYSE: SQM - News): ' ... even in the $140s -SQM is a better fertilizer stock [than TRA].'
Bearish calls:
Alvarion (NasdaqGM: ALVR): 'This is an Israeli WiMax play, that I think is too tied into the whole cell phone morass... I want you in my McCaw play [which will be traded as CLWR], not in ALVR...'Boston Scientific (NYSE: BSX - News): 'At $18 and change, we hit the 'sell block' on that... we said we don't want to be greedy, we said get out. Here it is at $16 and change. I'm warming up, but I am not ready to pull the trigger. I say 'don't buy, don't buy...'Noble Energy (NYSE: NBL - News): 'This one is so well run. It is just light years from the BPs... from the Royal Dutches ... I believe that the better buys right now - and I'm saying ring the register - are in the oil drillers. I like GSF and I like RIG.'Netscout Systems (NasdaqGM: NTCT): 'NTCT is not my favorite here. I'd rather see you in a kind of software/hardware play.'Qiao Xing Universal Telephone (NasdaqGM: XING): 'Your stock should be sold. You should be going into CHL - the only Chinese stock I recommend on this show.'Coca-Cola (NYSE: KO - News): 'You know, three guys have now upgraded KO and the stock's not moving. I'm putting it in the 'don't buy' camp. Don't buy, don't buy.'Terra Industries (NYSE: TRA - News)

Labels: ALVR, BSX, CHL, EMC, GEF, GSF, HAL, Jim Cramer, KO, Lightning Round, Mad Money, MCD, MCO, MHP, NBL, RIG, SQM, TRA, TWX