Jim Cramer Blog

Here are 7 trading ideas for today. This list comes directly from the TradingMarkets Stock Indicators page and is 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.
Phase Forward (NasdaqGM:PFWD - News). PFWD's PowerRating (for Traders) is 8.
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.
MGM Mirage (NYSE:MGM - News). MGM's PowerRating (for Traders) is 6.
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.
Bunge (NYSE:BG - News). BG's PowerRating (for Traders) is 8.
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.
Diana Shipping (NYSE:DSX - News). DSX's PowerRating (for Traders) is 7.
Bearish
Laps Up 5% or More: These are stocks that lap up by 5% or more and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that lap up by more than 5% have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Leap Wireless (NasdaqGS:LEAP - News). LEAP's PowerRating (for Traders) is 6.
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.
Tidewater (NYSE:TDW - News). TDW's PowerRating (for Traders) is 4.
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.
U.S. Global Investors (NasdaqCM:GROW - News). GROW's PowerRating (for Traders) is 5.
Published By TradingMarkets.com

Labels: BG, DSX, GROW, Hot Stocks, LEAP, MGM, PFWD, TDW

CHANGE IN RATINGS
Arbitron (ARB - commentary - Cramer's Take - Rating) upgraded at Bear: ARB was upgraded from Peer Perform to Outperform at Bear Stearns. Company is making progress in its PPM rollout, which should help drive the stock.
CACI International (CAI - commentary - Cramer's Take - Rating) downgraded at Wachovia: CAI was downgraded to Market Perform at Wachovia. Sudden departure of the CFO increases concern about the company's near-term direction.
Gol Airlines (GOL - commentary - Cramer's Take) coverage resumed at Morgan Stanley: Morgan Stanley resumes coverage of Gol Airlines with an overweight rating and a $37 price target.
Level 3 (LVLT - commentary - Cramer's Take - Rating) rated new Outperform at Credit Suisse: Credit Suisse is initiating coverage on LVLT with an Outperform rating. Believes company will continue to see strong demand driven by higher data usage. Sets $7.50 target price.
MetLife (MET - commentary - Cramer's Take - Rating) upgraded at UBS: MET upgraded to Buy rating from Neutral at UBS. Price target lifts to $71 from $64. 2007 eps estimates bumps to $5.27 from $5.23.
Tidewater (TDW - commentary - Cramer's Take - Rating) coverage initiated at Goldman Sachs: Goldman is initiating coverage on TDW with a Sell rating. See lower utilization and declining dayrates for company's old fleet. Price target at $43.
United Surgical (USPI - commentary - Cramer's Take - Rating) downgraded at Deutsche: USPI was downgraded from Buy to Hold at Deutsche Bank. $31 price target. Do not expect the company to receive a better takeover offer before next month.
STOCK COMMENTS / EPS CHANGES
Boeing (BA - commentary - Cramer's Take - Rating) numbers raised at UBS: BA numbers raised at UBS. Price target jumps to $82 from $76. 2007 eps estimates lift to $4.85 from $4.80. Reiterates Reduce rating.
Conoco Phillips (COP - commentary - Cramer's Take - Rating) price target cut at Goldman: Goldman is cutting its target on COP to $76 from $83 after company reported disappointing year-end reserve data. Believe data supports long-term strength in oil prices, and that Conoco fundamentals remain strong. Maintain Buy rating.
Genentech (DNA - commentary - Cramer's Take - Rating) price target raised at Goldman: Goldman is upping its target on DNA to $102 from $95 due to strong sales of Lucentis, Rituxan and Avastin. Company guidance was above both Goldman and consensus estimates. Maintained Buy rating.
Guitar Center (GTRC - commentary - Cramer's Take - Rating) estimates cut at Piper: Piper is cutting its 2007 estimates on GTRC to $2.74 a share due to lower expectations for top-line growth following weak Q4 sales. Maintained Outperform rating.
j2 Global (JCOM - commentary - Cramer's Take - Rating) numbers lowered: JCOM numbers lowered at Jefferies. Price target drops to $27 from $28. 2007 eps estimates lowered to $1.50 from $1.57. Reiterates Hold rating.
Urban Outfitters (URBN - commentary - Cramer's Take - Rating) numbers raised at Piper: Piper is raising its target price on URBN from $17 to $28 to reflect improved earnings outlook. Maintained Market Perform rating.
Waters (WAT - commentary - Cramer's Take - Rating)numbers raised at UBS: WAT numbers raised at UBS. Price target jumps to $57 from $52. 2007 eps estimates lift to $2.60 from $2.54. Reiterates Neutral rating.
Published by thestreet.com

Labels: ARB, BA, CAI, COP, DNA, GOL, GTRC, JCOM, LVLT, MET, TDW, URBN, USPI, WAT