Jim Cramer Blog

Bullish:
Coca-Cola (KO) or Pepsi (PEP)
Investools (SWIM): Cramer likes the stock.
Skyworks (SWKS): Cramer likes this stock and RF Micro (RFMD) until the end of the year, and then he thinks it will be time to get out.
Media (FMCN) or Baidu.com (BIDU).
Best Buy (BBY) instead of Circuit City.
Under Armour (UA): Cramer thinks this quarter is going to be good, and that UA is the place to be.
Aircastle (AYR): Cramer likes the good yield, but the stock is not exciting.
Kraft (KFT)
Oracle (ORCL) is the better software play.
Bearish:
Melco (MPEL): Cramer thinks that they know nothing about the casino business. "Sell, sell, sell!"
China Precision (CPSL): Cramer thinks this is a sell, and that you should go with Focus.
Circuit City (CC): Cramer thinks there is nothing there
Invesco (IVZ): Go with T. Rowe Price (TROW) instead.
Level 3 Communications (LVLT): Cramer thinks you should stay away and that he needs to have the CEO on the show.
Tellabs (TLAB): Don't Buy, Don't Buy, Don't Buy.
ADM (ADM): Cramer thinks that this is a lost company
Lance (LNCE): Don't buy
Red Hat (RHT): Cramer doesn't like Red Hat
Jones Soda (JSDA): Stay away from

Labels: AYR, BBY, BIDU, FMCN, Jim Cramer, KFT, KO, Lightning Round, Mad Money, ORCL, PEP, RFMD, SWIM, SWKS, UA

Symbol
Name
Last Trade
Change
Volume
Related Info
ALGN
ALIGN TECHNOLOGY I
22.88 12:04PM ET
5.19 (29.34%)
6,045,704

CVNS
COVANSYS CP
33.31 12:04PM ET
6.51 (24.29%)
2,504,680

INOD
INNODATA ISOGEN
3.50 11:55AM ET
0.61 (21.11%)
VDSI
VASCO DATA SECURITY
21.68 12:04PM ET
4.02 (22.76%)
2,577,758

SWKS
SKYWORKS SOLUTIONS
7.37 12:04PM ET
1.21 (19.64%)
7,917,343

AEIS
ADVANCED ENERGY
25.67 12:04PM ET
4.17 (19.40%)
1,257,050
FFIV
F5 NETWORKS INC
78.71 12:04PM ET
12.64 (19.13%)
4,459,850

CNS
COHN & STEERS
54.22 11:59AM ET
9.26 (20.60%)
793,150

HAR
HARMAN INTL INDS
122.49 11:59AM ET
19.93 (19.43%)
4,620,300
GEL
GENESIS ENERGY LP
26.12 11:57AM ET
3.88 (17.45%)
342,600

OI
OWENS ILLINOIS
31.19 11:59AM ET
4.89 (18.59%)
3,782,940
WST
WEST PHARMA SVCS INC
53.82 11:59AM ET
7.56 (16.34%)
747,550

KOG
KODIAK OIL
5.86 11:59AM ET
0.70 (13.57%)
2,471,400
OMTL
OMTOOL LTD
2.05 11:15AM ET
0.29 (16.48%)
10,472
SBCF
SEACOAST BKNG CP
23.57 12:04PM ET
3.14 (15.37%)
392,899

WEN
WENDYS INTL INC
38.11 11:59AM ET
5.43 (16.62%)
8,829,900

PSAI
PEDIATRIC SRVS
15.85 11:59AM ET
2.15 (15.71%)
220,127
RKT
ROCK-TENN CO CL A
40.44 11:59AM ET
4.60 (12.83%)
741,150

CBRX
COLUMBIA LABS INC
2.66 12:04PM ET
0.32 (13.67%)
5,799,659

MTH
MERITAGE HOMES CORP
37.70 11:59AM ET
5.14 (15.79%)
3,060,280

Labels: AEIS, ALGN, CBRX, CNS, CVNS, FFIV, GEL, HAR, INOD, KOG, MTH, OI, OMTL, PSAI, RKT, SBCF, SWKS, VDSI, WEN, WST

A day after the Fed's comments sparked an aggressive late-day rally, stocks vacillated close to unchanged as investors took profits, further digested the Fed's remarks, and reacted to a profit warning and management shakeup at tech giant Motorola (NYSE: MOT - News). The result was a fairly tame day of trading in which all three major indexes stayed close to unchanged. The Dow closed up slightly, while the Nasdaq and S&P 500 were modestly lower on the day.
While investors initially seemed to interpret yesterday's Fed statement as opening the door for a rate cut later in the year, the market backed off that enthusiasm somewhat today. With inflationary pressure still very much on the Fed's radar, today's jump in the price of crude oil served as a reminder that high energy costs may underpin further inflation and limit the Fed's willingness to cut rates. Crude oil spiked higher, approaching $62 a barrel as refineries prepare to ramp up production ahead of the summer driving season.
Shares of Motorola plunged -7% and hit a new 52-week low after the company announced that it now expects to report a Q1 profit between breakeven and 2 cents per share, well below the 17 cents per share expected by analysts. The company's revenue outlook for the quarter was similarly slashed. Motorola blamed the lowered outlook on a poor performance in its mobile devices segment, where a lack of blockbuster handsets has hurt the company's margins and eroded market share. Motorola also shook up its executive ranks and announced the retirement of its CFO.
The Motorola news rippled elsewhere as well. Palm (Nasdaq: PALM - News), bid up all week as a potential buyout target for Motorola and others, gave back -9% on the news, but was up slightly in after-hours trading after beating earnings estimates after the bell. Semiconductors that supply Motorola also felt the fallout, and RF Micro Devices (Nasdaq: RFMD - News) and Skyworks Solutions (Nasdaq: SWKS - News), both the subject of Motorola-related analyst downgrades, dropped sharply on the day. Rival handset maker Nokia (NYSE: NOK - News), meanwhile, saw a modest gain in the wake of Motorola's warning.
Several earnings reports grabbed headlines as well, including the FQ1 report from homebuilder KB Home (NYSE: KBH - News), where profit plunged compared to a year ago but exceeded lowered expectations. The company said that difficult conditions in the housing market are likely to extend through the rest of the year. KB did, however, say that it was taking measures to reduce exposure to subprime loans while also cutting back on inventory.
A pair of food companies also reported earnings. ConAgra (NYSE: CAG - News) managed to beat both top- and bottom-line estimates for FQ3 despite a far-reaching recall of its peanut butter products. ConAgra now expects to lose as much as $150 million in sales as its peanut butter will stay off of shelves for at least several more months. General Mills (NYSE: GIS - News) beat estimates for its FQ3, while also raising guidance for the year. The upbeat outlook came in spite of rising prices of the crops used to make its cereals.
By the BullMarket.com Staff

Labels: CAG, GIS, KBH, MOT, NOK, PALM, RFMD, SWKS

A day after the Fed's comments sparked an aggressive late-day rally, stocks vacillated close to unchanged as investors took profits, further digested the Fed's remarks, and reacted to a profit warning and management shakeup at tech giant Motorola (NYSE: MOT - News). The result was a fairly tame day of trading in which all three major indexes stayed close to unchanged. The Dow closed up slightly, while the Nasdaq and S&P 500 were modestly lower on the day.
While investors initially seemed to interpret yesterday's Fed statement as opening the door for a rate cut later in the year, the market backed off that enthusiasm somewhat today. With inflationary pressure still very much on the Fed's radar, today's jump in the price of crude oil served as a reminder that high energy costs may underpin further inflation and limit the Fed's willingness to cut rates. Crude oil spiked higher, approaching $62 a barrel as refineries prepare to ramp up production ahead of the summer driving season.
Shares of Motorola plunged -7% and hit a new 52-week low after the company announced that it now expects to report a Q1 profit between breakeven and 2 cents per share, well below the 17 cents per share expected by analysts. The company's revenue outlook for the quarter was similarly slashed. Motorola blamed the lowered outlook on a poor performance in its mobile devices segment, where a lack of blockbuster handsets has hurt the company's margins and eroded market share. Motorola also shook up its executive ranks and announced the retirement of its CFO.
The Motorola news rippled elsewhere as well. Palm (Nasdaq: PALM - News), bid up all week as a potential buyout target for Motorola and others, gave back -9% on the news, but was up slightly in after-hours trading after beating earnings estimates after the bell. Semiconductors that supply Motorola also felt the fallout, and RF Micro Devices (Nasdaq: RFMD - News) and Skyworks Solutions (Nasdaq: SWKS - News), both the subject of Motorola-related analyst downgrades, dropped sharply on the day. Rival handset maker Nokia (NYSE: NOK - News), meanwhile, saw a modest gain in the wake of Motorola's warning.
Several earnings reports grabbed headlines as well, including the FQ1 report from homebuilder KB Home (NYSE: KBH - News), where profit plunged compared to a year ago but exceeded lowered expectations. The company said that difficult conditions in the housing market are likely to extend through the rest of the year. KB did, however, say that it was taking measures to reduce exposure to subprime loans while also cutting back on inventory.
A pair of food companies also reported earnings. ConAgra (NYSE: CAG - News) managed to beat both top- and bottom-line estimates for FQ3 despite a far-reaching recall of its peanut butter products. ConAgra now expects to lose as much as $150 million in sales as its peanut butter will stay off of shelves for at least several more months. General Mills (NYSE: GIS - News) beat estimates for its FQ3, while also raising guidance for the year. The upbeat outlook came in spite of rising prices of the crops used to make its cereals.
By the BullMarket.com Staff

Labels: CAG, GIS, KBH, MOT, NOK, PALM, RFMD, SWKS