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.
CBOT Holdings (NYSE:BOT) & Snap-On (NYSE:SNA). BOT's PowerRating is 6, and SNA's PowerRating is 7.
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.
Nicor (NYSE:GAS). GAS's PowerRating is 6.
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.
ImClone Systems (NasdaqGS:IMCL) & Macerich (NYSE:MAC). IMCL's PowerRating is 9, and MAC's PowerRating is 7.
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.
Scripps Company (NYSE:SSP). SSP's PowerRating is 4.
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.
Kraft Foods (NYSE:KFT). KFT's PowerRating is 4.
PowerRatings are courtesy of PowerRatings.net

Labels: BOT, GAS, Hot Stocks, IMCL, KFT, Mac, SNA, SSP

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
Laps Down 5% or More: These are stocks that lap down by 5% or more and are trading above their 200-day moving average। Our research shows that stocks trading above their 200-day moving average that lap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Beckman Coulter (NYSE:BEC - News). BEC's PowerRating is 6.
Stocks Down 10% or More: These are stocks that have lost 10% or more over the past five days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that have lost 10% or more over the past five 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.
CECO Environmental (NasdaqGM:CECE - News). CECE's PowerRating is 7.
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.
Protective Life (NYSE:PL - News). PL'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.
Pacific Ethanol (NasdaqGM:PEIX - News). PEIX's PowerRating is 3.
2-Period RSI Above 98: These are stocks that have a 2-day RSI reading above 98 and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average 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.
Symantec (NasdaqGS:SYMC - News) & E.W. Scripps (NYSE:SSP - News). SYMC's PowerRating is 3, and SSP's PowerRating is 3.
Stocks Up 10% or More: These are stocks that have gained 10% or more over the past five days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that have gained 10% or more over the past five days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Rackable Systems (NasdaqGS:RACK - News). RACK's PowerRating is 2.
PowerRatings are courtesy of PowerRatings.net

Labels: BEC, CECE, Hot Stocks, PEIX, PL, RACK, SSP, SYMC

Barr Pharmaceuticals (NYSE:BRL - News) said it lost $390.9 million, or $3.67 a share, vs. a profit of $94.9 million, or 88 cents a share a year earlier. Excluding items, earnings for the quarter ending Dec. 31 would have been 83 cents a share. Revenue rose 79% to $584 million from last year's $325.5 million, with product sales growing 85% to $536.6 million. Analysts surveyed by Thomson Financial had been expecting earnings of 73 cents a share and revenue of $521.3 million, on average. Looking ahead, the Woodcliff Lake, N.J. pharmaceutical company expects 2007 adjusted earnings of $3.00 to $3.30 a share, surrounding analyst forecasts of a $3.23 a share.
Bitstream (NasdaqCM:BITS - News) shares fell after the Cambridge, Mass.-based software development company reported fourth-quarter net earnings of $630,000, or 6 cents a share, down from $788,000, or 8 cents a share, in the year-ago period. Revenue rose to $5.55 million from $4.62 million.
BlackRock Inc. (NYSE:BLK - News) said it is raising its quarterly cash dividend 60% to 67 cents a share from 42 cents. The dividend is payable March 23 to shareholders of record as of March 7, the New York-based investment management firm said.
Blount International (NYSE:BLT - News) shares slumped after the Portland, Ore.-based outdoor products and power equipment company reported fourth-quarter earnings of $9.04 million, or 19 cents a share, down from $56.2 million, or $1.17 a share, in the year-ago period. The company said the results in the year-ago quarter were favorably impacted by a significant income tax benefit. Revenue fell to $158.1 million from $176.9 million. Analysts polled by Thomson Financial were expecting a per-share profit of 20 cents on revenue of $156.2 million. Blount expects 2007 sales in a range of flat to down 3%, and operating income of $85 million to $90 million.
Emcore Corp. (NasdaqGM:EMKR - News) filed to expand the scope of its patent infringement lawsuits against Optium Corp. (NasdaqGM:OPTM - News) to include one additional patent and an additional product line.
E.W. Scripps & Co. (NYSE:SSP - News) cut its first-quarter earnings forecast, citing greater-than-expected weakness at its newspapers. The Cincinnati-based media company said it now expects a profit from continuing operations of 33 to 37 cents a share in the March quarter, down from its previous estimate of 39 cents to 43 cents a share. A year earlier, Scripps earned 49 cents per share. The company pointed to lower-than-expected newspaper advertising sales, costs related to a leadership change at the retail search engine Shopzilla, and weaker-than-expected results for its Internet search business.
Fremont General Corp. (NYSE:FMT - News) shares slid after the mortgage lender said late Tuesday it will postpone the release of its fourth quarter and full-year 2006 results, which was scheduled for Wednesday. Santa Monica-based Fremont also said it will not file its 2006 Form 10-K by March 1.
Idera Pharmaceuticals (AMEX:IDP - News) was initiated with a buy rating at Canaccord Adams.
Integra LifeSciences (NasdaqGS:IART - News) said fourth-quarter net income slipped to $10.1 million, or 34 cents a share, from $10.6 million, or 33 cents a share, while revenue climbed 72% to $125 million on sales of acquired products, surgical instruments and ultrasonic surgical systems. Adjusted for equity-based compensation charges, acquisition-related charges, and other items, it would've earned 50 cents a share compared to 37 cents a share last year. Analysts polled by Thomson Financial expected earnings of 42 cents a share on revenue of $121 million. For 2007, earnings are seen between $1.70 and $1.80 a share on revenue between $508 million and $520 million, growing to $2.05 to $2.25 a share in earnings in 2008 on revenue between $570 million and $590 million.
Interpublic Group (NYSE:IPG - News) swung to a fourth-quarter profit, boosted by lower severance expenses, professional fees and production costs. The New York advertising and marketing services company had fourth-quarter earnings of $69.1 million, or 11 cents a share, compared with a loss of $22.9 million, or 8 cents, a year earlier. Interpublic said revenue fell 1%, to $1.88 billion from $1.9 billion a year ago. Analysts surveyed by Thomson Financial expected, on average, earnings of 21 cents a share on revenue of $1.88 billion. In addition, Interpublic said it has re-mediated a significant number of its existing material weaknesses, and it remains on track to be compliant with the Sarbanes-Oxley Act by the time it files its 2007 annual report.
Joy Global (NasdaqGS:JOYG - News) shares dropped after the company posted a first-quarter profit of $60 million, or 51 cents a share, on sales of about $560 million. The average estimate of analysts polled by Thomson Financial was for earnings of 60 cents a share in the January period on revenue of $629.4 million.
LECG Corp.'s (NasdaqGS:XPRT - News) fourth-quarter net income fell 39% to $3.52 million, or 14 cents a share, from $5.81 million, or 23 cents a share, a year earlier. The Emeryville, Calif., economic consulting company's revenue grew 22% to $88.9 million form $73 million in the year-ago period.
Magellan Health Services Inc. (NasdaqGS:MGLN - News) reported fourth-quarter net income of $22.5 million, or 58 cents a share, down from $52.2 million, or $1.38 a share, earned in the same period during 2005. Quarterly revenue generated by the Avon, Conn.-based health-care management services provider reached $461.3 million from the prior year's $436.4 million. Earnings in the latest quarter benefited from one-time favorable contractual settlements of $5.1 million as well as out-of-period favorable care development of $1.7 million, Magellan Health said. The year-earlier period reflected in part the sale of certain assets to Aetna. Analysts were looking for earnings of 48 cents a share on revenue of $464 million, according to estimates compiled by Thomson Financial.
Ormat Technologies (NYSE:ORA - News) swung to a fourth-quarter profit from a year-earlier loss on 13% higher revenue. Earnings were $4.2 million, or 12 cents a share, compared with a loss of $5.1 million, or 16 cents, in the year-earlier period. Revenue reached $66.7 million from $58.8 million. In the latest period, the earnings reflect 1 cent a share from compensation expense. The year-ago loss reflects a $10.3 million charge to refinance debt.
PRA International (NasdaqGS:PRAI - News) shares slumped after the Reston, Va.-based provider of clinical development services reported fourth-quarter net income of $5.72 million, or 23 cents a share, compared with $7.5 million, or 31 cents a share, in the year-ago period. Revenue rose to $92.5 million from $76.5 million. Analysts polled by Thomson Financial were expecting a per-share profit of 29 cents on revenue of $81.7 million. PRA forecast 2007 earnings of 48 cents to 58 cents a share and adjusted earnings 95 cents to $1.05 a share. The company expects 2007 service revenue, excluding reimbursed out-of-pocket costs associated with client projects and programs, to be in the range of $330 million to $350 million. Analysts are looking for earnings of $1.28 a share.
Salary.com Inc. (NasdaqGM:SLRY - News) said underwriters of its initial public offering have exercised in full their over-allotment option to buy an additional 855,000 shares of common stock. The shares were purchased at the IPO price of $10.50 a share.
Salix Pharmaceuticals (NasdaqGM:SLXP - News) forecast earnings of 85 cents a share on total product revenue of about $260 million for fiscal 2007. The current average estimate of analysts polled by Thomson Financial is for a profit of 87 cents a share for the year.
Sierra Health Services Inc. (NYSE:SIE - News) expects to incur a loss in fiscal 2007, due primarily to an enhanced version of its Medicare Part D prescription drug program. In January, Sierra began offering an enhanced version of its PDP, which provided prescription-drug benefits through the coverage gap.
Syniverse Holdings Inc.'s (NYSE:SVR - News) fourth-quarter net income surged to $59.1 million, or 88 cents a share, from $15.3 million, or 23 cents a share, a year ago. Cash net income was 20 cents a share, the company said. The Tampa, Fla., provider of technology services said revenue increased 2.7% to $85.8 million from $83.6 million a year ago.
URS Corp. (NYSE:URS - News) reported fourth-quarter net earnings of $26.3 million, or 51 cents a share, up from $25.9 million, or 51 cents a share, in the year-ago period. Revenue at the San Francisco-based engineering and construction management company rose to $1.09 billion from $1.07 billion.
Published By MarketWatch

Labels: BITS, BLK, BLT, BRL, EMKR, FMT, IART, IDP, IPG, JOYG, MGLN, ORA, PRAI, SIE, SLRY, SLXP, SSP, SVR, URS, XPRT