Jim Cramer Blog

Bullish calls:
CVS Caremark (CVS): 'I think it's unbelievably strong ... you should get in right here. ... CVS remains one of my favorite stocks in this environment.'), Hewlett-Packard (HPQ): 'That was a monster-good quarter. That was an All-Aboard quarter. ... That company is smoking. ... It's not done. I wanna own Hewlett-Packard ... and so should you.' Monster Worldwide (MNST): 'I thought that the new management team would turn things around ... Monster, I still think, is being set up to be bought.' St. Jude Medical (STJ): 'If you want to be in that cohort, it's gotta be S-T-J.' Freeport-McMoran (FCX): 'I'm willing to have you in Freeport (FCX - Cramer's Take - Stockpickr - Rating), cause that's copper and gold.' Transocean (RIG): 'This is a great opportunity. ... In the last three days ... Transocean went from $138 to $127 because they did financing.' Schlumberger (SLB) Raytheon (RTN) Wolverine World Wide (WWW) Nike (NKE) Vimpel Communications (VIP) Shaw Group (SGR) Countrywide Financial (CFC): 'It's a very technical situation. ... If the Fed cuts 50 basis points, Countrywide will work.'
Bearish calls:
Sysco (SYY): 'It's OK ... as long as the consumer's out there spending ... going to a lot of restaurants ... the problem is they're not going to restaurants as much. Don'tBuy.' Boston Scientific (BSX): 'Let me be very clear. I have disliked Boston Scientific for more than 10 points.' Titanium Metals (TIE) Taser (TASR): 'In this market, it's too hard for me. ... I do not want to buy Taser here. Don'tBuy.'

Labels: BSX, CFC, CVS, FCX, HPQ, Jim Cramer, Lightning Round, Mad Money, MNST, NKE, RIG, RTN, SGR, SLB, STJ, SYY, TASR, TIE, VIP, WWW

SAN FRANCISCO (Menafn - MarketWatch) - Among the companies whose shares are expected to see active trade in Monday's session are Blackstone Group L.P., Sysco Corp and DTE Energy.
Blackstone Group L.P. BX is expected to report second-quarter earnings of 46 cents a share, according to analysts polled by Thomson Financial.
Bob Evans Farms Inc. BOBE is seen posting a fiscal first-quarter per-share profit of 36 cents a share.
DeVry Inc.'s DV fiscal fourth-quarter results are expected to show a per-share profit of 25 cents.
Domtar Corp. UFS is expected to post a profit of 10 cents a share for its second-quarter.
DTE Energy Co. DTE is seen reporting per-share earnings of 47 cents for its second quarter.
Sysco Corp.'s SYY fiscal fourth-quarter results are expected to show a profit of 46 cents a share.
Valspar Corp. VAL is expected to report fiscal third-quarter earnings of 56 cents a share.
Watch list
Cognex Corp. CGNX said it will delay the filing of its Form 10-Q for the second quarter ended July 1 due to its internal review of previously announced irregularities it discovered in certain transactions originating at its Japanese subsidiary. Natick, Mass.-based Cognex, which makes machine vision systems, said it's unable to predict at this time when it will file is quarterly report.
Countrywide Financial Corp.'s CFC stock price fell Friday after the Calabasas, Calif.-based company said that problems in the U.S. mortgage market pose a serious threat to its earnings and financial condition. See full story.
McClatchy Co. MNI late Friday said it filed its Form 10-Q with the Securities and Exchange Commission and revised its second-quarter earnings downward to $35.2 million, or 43 cents a share, from $39.95 million, or 49 cents a share, originally reported on July 19, to include a non-cash 6-cent litigation charge. The Sacramento-based media company said the charge stems from a settlement between Seattle Times Co., of which it owns 49.5%, and Hearst Corp.'s Seattle newspaper. On a continuing operations basis, the Sacramento-based media company posted earnings of $34.5 million, or 42 cents a share.
Neoware Inc. NWRE said it swung to a fiscal fourth-quarter net loss of $801,000, or 4 cents a share, from a year-ago net profit of $401,000, or 2 cents a share. Excluding certain items, the company posted breakeven results on a per-share basis versus 9 cents a share last year. The King of Prussia, Pa-based provider of thin client computing products said revenue in the three months ended June 30 slipped to $23 million from $23.6 million last year. Analysts polled by Thomson Financial were expecting, on average, a per-share profit of 5 cents on revenue of $23.2 million.
Published By MarketWatch

Labels: BOBE, BX, CGNX, DTE, DV, MNI, NWRE, Stocks to Watch, SYY, UFS, VAL

Here are 7 stocks for traders for Monday from TradingMarkets.com:
Sysco (NYSE:SYY - News) reports earnings on Monday morning before the bell; watch for $0.46 EPS. SYY's PowerRating is 4.
When Valspar (NYSE:VAL - News) reports on Monday morning, watch for $0.56 EPS. VAL's PowerRating is 5.
Analysts are watching for Bob Evans (NasdaqGS:BOBE - News) to announce $0.37 EPS on Monday after the market closes. BOBE's PowerRating is 4.
Devry (NYSE:DV - News) is expected to report $0.25 EPS on Monday after the market closes. DV's PowerRating is 6.
Excel Maritime Carriers (NYSE:EXM - News) is looking to announce $0.57 EPS early next week on Monday after the close. EXM's PowerRating is 7.
STEC Incorporated (NasdaqGM:STEC - News) and WNS (NYSE:WNS - News) both report Monday after the close; STEC should announce $0.02 EPS, and WNS is hoping for $0.14 EPS. STEC's PowerRating is 3, and WNS's PowerRating is 3.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: BOBE, DV, EXM, Hot Stocks, STEC, SYY, VAL, WNS

Bullish:
Chesapeake Energy (NYSE: CHK): 'The company is mostly levered to natural gas... is CHK! Don't you dare sell CHK. That stock is going higher!'Viacom (NYSE: VIA-B): 'You want to play summer box office?... You buy Viacom which, although the news reports weren't that positive, that's wrong! That was a great quarter... VIA-B is your play my friend.'Texas Instruments (NYSE: TXN)Qualcomm (NasdaqGS: QCOM)Protective Life (NYSE: PL): 'PL is solid too... I like that! ...Why couldn't PL get a bid?!... Let's see, the book value here is $34 bucks.... These can go out at two times book. That would put this stock at almost $70. It's at $50. I want to buy that!'MetLife (NYSE: MET)Prudential Financial (NYSE: PRU)
Neutral calls:
Scientific Games (NasdaqGS: SGMS): 'I believe it's a decent stock. It's just not as great as I thought... It needs more momentum to break out from this level.'
Bearish calls:
Regal Entertainment (NYSE: RGC): 'I would have said that the chance has already come and gone ... It's run too much.'LSI Logic (NYSE: LSI): 'LSI, man. That was an awful quarter.'Republic Airways (NasdaqGS: RJET): 'Cheap. Cheap stock, but I am no longer recommending any of the airlines. They have had a really big run.'Yahoo! (NasdaqGS: YHOO): ' ... as long as Terry Semel's there - he's the CEO - you and I are not going to make any money... As a matter of fact, it's a dog. The board ought to get electroshock therapy.'Given Imaging (NasdaqGM: GIVN)Sysco (NYSE: SYY): 'I went through that conference call. I have got to tell you, they did not deliver. Sell, sell, sell!... Let's let it pull back to under $30, and then we'll pull the trigger.'Coach (NYSE: COH): 'I think you buy the handbags. The stock, I don't want to touch here. That quarter was not that great ... when it gets below $43, we can pull the trigger again.'
Published By SeekingAlpha

Labels: CHK, COH, Jim Cramer, Lightning Round, LSI, Mad Money, MET, PL, PRU, RGC, SGMS, SYY, TXN, VIA-B, YHOO

Deutsche Telekom Ag (NYSE:DT - News) cut its profit forecast for 2007, citing fierce competition and an erosion in its U.S. revenue due to recent weakness in the dollar.
Giga-Tronics (NasdaqCM:GIGA - News) shares dropped after the company reported a profit of $58,000, or a penny per share, for the third quarter on sales of $5.6 million. Orders booked for the quarter fell to $3.7 million in the latest period from $4 million last year, while backlog as of Dec. 30 declined to $9.9 million from $12.9 million last year.
Origin Agritech Ltd. (NasdaqGM:SEED - News) shares tumbled after the China-based hybrid crop seed supplier said it expects revenue of between $80 million and $90 million for its fiscal year ending Sept. 30.
Quality Distribution Inc. (NasdaqGM:QLTY - News) lowered its outlook for the fourth quarter and 2006 primarily due to softer-than-anticipated seasonal demand and an unexpected charge for costs associated with legacy environmental remediation projects. The transportation company said it now sees earnings per share of 3 cents to 7 cents for the fourth quarter, compared with its prior view of 17 cents to 19 cents. For 2006, the company now sees earnings per share of 59 to 63 cents, compared with its prior view of 74 to 76 cents.
Radware Ltd. (NasdaqGS:RDWR - News) shares fell after the Israel-based networking services provider reported fourth-quarter net earnings of $110,000, or a penny a share, down from $2.35 million, or 12 cents a share, in the year-ago period. Excluding stock-based compensation, profit came in at 16 cents a share compared with 47 cents a share last year. Revenue rose to $21.09 million from $21.04 million.
Sanofi-Aventis (NYSE:SNY - News) was in focus following a report that the company could merge with Bristol-Myers Squibb (NYSE:BMY - News). Lettre de l'Expansion, a weekly French newsletter, said a pre-merger memorandum has even been signed last week, La Lettre de l'Expansion also reported, adding the merger could be finalized by September this year. Both Sanofi-Aventis and Bristol-Myers declined to comment on the report.
Schering-Plough Corp. (NYSE:SGP - News) said fourth-quarter net income for the three months ended Dec. 31 rose to $182 million, or 12 cents a share, from $104 million, or 7 cents a share in the year-ago period. The latest period includes charges of 5 cents a share. Sales rose 14% to $2.7 billion. Analysts surveyed by Thomson Financial forecast earnings of 17 cents a share and revenue of $2.5 billion, on average.
Sysco Corp. (NYSE:SYY - News) said its second-quarter net income rose 16% to $236.7 million, or 38 cents a share, from $204.2 million, or 33 cents a share, a year earlier, boosted by business reviews and marketing efforts. The Houston food-service marketing and distribution company said Monday that sales for the quarter ended Dec. 30, rose 7.5% to $8.57 billion from $7.97 billion a year earlier. Analysts polled by Thomson Financial, on average, had expected earnings of 38 cents a share on revenue of $8.6 billion.
USG Corp. (NYSE:USG - News) swung to a fourth-quarter profit of $100 million, or $1.11 a share, from a year-ago loss of $1.78 billion, or $30.92 a share, as the year-ago period was hurt by an asbestos claims provision of $3.1 billion. In the latest period, the company had 90.1 million shares outstanding while in the year-ago period it had 57.6 million shares outstanding. The Chicago-based building-products company said sales fell 3.1% to $1.29 billion from $1.34 billion in the year-ago period. The company expects lower wallboard volumes and lower average prices in 2007 which will cause profit to decline "significantly" from the levels of recent years.
Published By MarketWatch

Labels: BMY, DT, GIGA, QLTY, RDWR, SEED, SGP, SNY, SYY, USG

Blockbuster (NYSE: BBI - News), Rite Aid (NYSE: RAD - News), Denny's (NASDAQ: DENN - News), Level 3 (NASDAQ: LVLT - News), Cisco (NASDAQ: CSCO - News), Sysco (NYSE: SYY - News), Mercury General (NYSE: MCY - News): Cramer discussed single-digit stocks which he predicts will go higher as investors realize how good they are. He notes that BBI is giving Netflix some agressive competition, Rite Aid is buying Eckherd stores at a low price, Denny's is still underestimated in spite of improvements, and LVLT is making smart acquisitions which allow analysts to raise numbers. Concerning I.Q. Trends' lucky 13 for 2007, Cramer says he likes Cisco and similar-sounding food server Sysco, but would stay away from auto insurer Mercury General.
Published by SeekingAlpha

Labels: BBI, CSCO, DENN, Jim Cramer, LVLT, RAD, SYY

Although financial stocks might be borrowing from Friday's anticipation about the jobs number, he says cyclical stocks are impressive. Specifically, Cramer mentioned Ingersoll-Rand (IR), Caterpillar (CAT) and Boeing (BA) as cyclical stocks that are working. "Boeing is just breaking out on every new order."
Cramer also offered some retailers that are in unique situations. "I think that you just have to be impressed with the special-situation retailers, which just don't seem to go down on bad days."
He highlighted three: Denny's (DENN), Rite Aid (RAD) and Level 3 Communications (LVLT).
He predicted that despite Denny's slower prior month, the restaurant chain is in a "major, major turn." Rite Aid has gone through the $5 level and Cramer said it is heading to $6. He said he is told the merger will go through and not to expect any problems with the unions.
After speaking with LVLT's CEO Jim Crowe on "Mad Money" Wednesday about the 25% growth that Crowe predicted, Cramer said, "That's an amazing number if you can hit it. I don't know how he does it, right now the EBITDA's the same as the interest charges, but I have to bank with him because of the 445% return he gave me in the old MFS Communications."
Other stocks that Cramer believes are getting short shrift are Chevron (CVX), coming off its recent big buyback. Investor dislike of it is ridiculous, he said.
Cramer cautioned against reading too much into Credit Suisse First Boston analyst Ivy Zelman's call on housing, saying she missed a big turn on the homebuilders. However, Cramer said she recommends KB Home (KBH), which he believes is for sale.
He also encouraged people to look at Sysco (SYY), which he considers "a nice slow grower to own right here, right now."
-TheStreet.com

Labels: BA, CAT, Cramer's TheStreet.com TV Recap, CVX, DENN, IR, Jim Cramer, KBH, LVLT, RAD, SYY