Jim Cramer Blog

Here are 7 stocks to watch...
Ambac Financial (NYSE:ABK) lost nearly 20% after the company announced plans to raise $1.5 billion and stop insuring mortgage-backed securities. ABK's Short Term PowerRating is 5.
Big Lots (NYSE:BIG) was the biggest gainer in the S&P500 after the company beat estimates and raised guidance. BIG's Short Term PowerRating is 3.
Chico's FAS (NYSE:CHS) lost nearly 14% after revenues fell short. CHS' Short Term PowerRating is 5.
BJ's Wholesale Club (NYSE:BJ) rose nearly 7% after the company beat estimates and reported an increase in same store sales. BJ's Short Term PowerRating is 5.
After the close, PETsMART (NasdaqGS:PETM) missed earnings estimates by $0.07. PETM's Short Term PowerRating is 4.
Urban Outfitters (NYSE:URBN) is scheduled to report before the market open, with analysts expecting $0.29. URBN's Short Term PowerRating is 5.
Do you think Exxon Mobil (NYSE:XOM) will close up or down on Friday? XOM's Short Term PowerRating is 4. Play TradingMarkets Up or Down Daily Stock Contest for the chance to win $1000 every month by predicting the direction of a stock.
Published By TradingMarkets.com

Labels: ABK, BIG, BJ, CHS, Hot Stocks, PETM, URBN, XOM

Bullish:

Excel Maritime (EXM): bullish on all dry bulk shipping companies.
Companhia Vale do Rio Doce (RIO): Cramer thinks this stock should go higher
Range Resources (RRC): Cramer likes this stock along with the other cheap oil companies
Quicksilver Resources (KWK)
Rosetta Resources (ROSE)
XTO Energy (XTO): his favorite in the sector
Celgene (CELG): one of the best picks he has ever made.

Bearish:

Navteq (NVT): Cramer thinks it's time to ring the register
Garmin (GRMN)
Urban Outfitters (URBN): Cramer's not a fan.
Western Union (WU): This stock doesn't have enough upside.
Nastech (NSTK): Wouldn't recommend buying it until it goes back to $12.
Citigroup (C): Undervalued, but he's not a fan of CEO Chuck Prince.
Sears (SHLD): Cramer isn't urging people to buy

Labels: C, CELG, EXM, GRMN, Jim Cramer, KWK, Lightning Round, Mad Money, NSTK, NVT, RIO, ROSE, RRC, SHLD, URBN, WU, XTO

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
When AES Corporation (NYSE:AES - News) announces quarterly earnings on Thursday morning, look for $0.21 EPS. AES's PowerRating is 4.
Analysts are watching for Archstone-Smith (NYSE:ASN - News) to report $0.57 EPS before the market opens on Thursday morning. ASN's PowerRating is 4.
Brinker (NYSE:EAT - News) should announce $0.48 EPS when the company reports earnings on Thursday morning. EAT's PowerRating is 4.
When Cardinal Health (NYSE:CAH - News) announces earnings on Thursday morning, watch for $0.86 EPS. CAH's PowerRating is 4.
Suntech Power (NYSE:STP - News) and Urban Outfitters (NasdaqGS:URBN - News) both report earnings on Thursday morning; STP should report $0.24 EPS while URBN is looking for $0.19 EPS. STP's PowerRating is 4, and URBN's PowerRating is 4.
99 Cents (NYSE:NDN - News) reports earnings on Thursday after the close; watch for $0.05 EPS. NDN's PowerRating is 3.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: AES, ASN, CAH, EAT, Hot Stocks, NDN, STP, URBN

Here are 7 options to watch for today. This list comes directly from the TradingMarkets Options Indicators page. The list is created using OptionVue options analysis software.
Most Underpriced Calls: These are the most under priced calls of all stocks in our database. While the Equities Explosion List finds groups of calls for individual equities that are under priced, this list finds the most under priced individual calls. Thus, the options listed here will tend to be more severely under priced.
Goldman Sachs July 260 Calls (NYSE:GS). GS' PowerRating is 5.
Most Underpriced Puts: These are the most under priced puts of all stocks in our database. While the Equities Explosion List finds groups of puts for individual equities that are under priced, this list finds the most under priced individual puts. Thus, the options listed here will tend to be more severely under priced.
Urban Outfitters July 25 Puts (NasdaqGS:URBN). URBN's PowerRating is 5.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. While the Equities Implosion List finds groups of calls for individual equities that are overpriced, this list finds the most overpriced individual calls. Thus, the options listed here will tend to be more severely overpriced.
Google Inc. July 550 Calls (NasdaqGS:GOOG). GOOG's PowerRating is 7.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. While the Equities Implosion List finds groups of puts for individual equities that are overpriced, this list finds the most overpriced individual puts. Thus, the options listed here will tend to be more severely overpriced.
Research In Motion July 150 Puts (NasdaqGS:RIMM). RIMM's PowerRating is 3.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
Citgroup (NYSE:C). C's PowerRating is 5.
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
Hovnanian Enterprises (NYSE:HOV). HOV's PowerRating is 6.
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
WR Grace & Co. (NYSE:GRA). GRA's PowerRating is 6.
PowerRatings are courtesy of TradingMarkets.com

Labels: C, GOOG, GRA, GS, HOV, RIMM, stock options, URBN

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Whole Foods (NasdaqGS:WFMI) missed earnings on Wednesday after the close; analysts were looking for $0.36 EPS, but the company only announced $0.32 EPS. WFMI's PowerRating is 4.
Onyx Pharmaceuticals (NasdaqGM:ONXX) beat earnings on Wednesday, with -$0.26 EPS over a consensus of -$0.43 EPS. ONXX's PowerRating is 4.
Biovail (NYSE:BVF) announces earnings on Thursday before the market opens; watch for $0.41 EPS. BVF's PowerRating is 6.
Consolidated Edison (NYSE:ED) is expected to announce $0.81 EPS on Thursday before the bell. ED's PowerRating is 5.
When Lamar Advertising (NasdaqGS:LAMR) announces earnings tomorrow morning, look for no EPS ($0.00). LAMR's PowerRating is 5.
Sara Lee (NYSE:SLE) should report $0.13 EPS when the company reports on Thursday morning. SLE's PowerRating is 5.
Analysts are watching for Urban Outfitters (NasdaqGS:URBN) to report $0.17 EPS tomorrow morning. URBN's PowerRating is 5.
PowerRatings are courtesy of PowerRatings.net

Labels: BVF, ED, Hot Stocks, LAMR, ONXX, SLE, URBN, WFMI

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.
Research In Motion (NasdaqGS:RIMM - News). RIMM's PowerRating is 8.
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.
Krispy Kreme (NYSE:KKD - News). KKD's PowerRating is 7.
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.
Urban Outfitters (NasdaqGS:URBN - News) & Jinpan (NYSE:JST - News). URBN's PowerRating is 7, and JST's PowerRating is 8.
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.
Intuit (NasdaqGS:INTU - News). INTU'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.
Boston Scientific (NYSE:BSX - News). BSX's PowerRating is 3.
2-Period RSI Above 98: These are stocks that have a 2-period RSI reading above 98 and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving 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.
Capital One Financial (NYSE:COF - News). COF's PowerRating is 3.
PowerRatings are courtesy of PowerRatings.net

Labels: BSX, COF, Hot Stocks, INTU, JST, KKD, RIMM, URBN

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Men's Wearhouse (NYSE:MW - News) beat earnings on Wednesday, announcing $0.81 EPS over an expected $0.75 EPS. MW's PowerRating is 6.
K2 (NYSE:KTO - News) missed earnings on Wednesday after the close; analysts were looking for $0.28, but the company only announced $0.25 EPS. KTO's PowerRating is 5.
Allis-Chalmers Energy (NYSE:ALY - News) announces earnings on Thursday before the market opens; look for $0.38 EPS. ALY's PowerRating is 4.
Brown Shoe Company (NYSE:BWS - News) is looking to report $0.59 EPS on Thursday before the bell. BWS's PowerRating is 5.
Costco (NasdaqGS:COST - News) reports quarterly earnings before the market opens on Thursday, with analysts watching for $0.66 EPS. COST's PowerRating is 5.
When Goldcorp (NYSE:GG - News) announces earnings Thursday morning, watch for $0.21 EPS. GG's PowerRating is 5.
Analysts expect Urban Outfitters (NasdaqGS:URBN - News) to report $0.21 EPS tomorrow morning. URBN's PowerRating is 5.
PowerRatings are courtesy of PowerRatings.net

Labels: ALY, BWS, COST, GG, Hot Stocks, KTO, MW, URBN

Bullish calls:
Palomar Medical Technologies (NasdaqGS: PMTI): 'I think PMTI should be bought. I want to wait to see what happens.'Joy Global (NasdaqGS: JOYG): 'Mining equipment is - I think - a growth area again, after many years ... I think JOYG is in a nice spot ... I think it's ridiculous that that stock's so low... buy buy buy!'Marvell Technology (NasdaqGS: MRVL): ' ... if you want a turnaround semi - and if you pay more than $18, I'm going to regret it - MRVL is the one that has the least down, and the most up. Swap out of LSI and into MRVLFord (NYSE: F - News): 'I like the management of F. I think they're really good. I don't like the common stock. The common stock's not as good as the convertible. I say swap out of the common, and get into the F convertible. And Mulally's doing a great job there.'Lundin Mining (AMEX: LMC - News): 'I think that LMC is the heir - it is the one that will be bought before any ... I want to back up the truck up at $10 on LMC.'L-1 Identity Solutions (NYSE: ID - News): I think that Bob LaPenta ... I genuinely believe that he is building a powerhouse. I do believe that - if he doesn't get the stock up through acquisitions - he will sell the company. Bob LaPenta is a bankable man, and I am sticking with him.'CarMax (NYSE: KMX - News): 'Let me tell you something. AN and KMX are both fabulous, fabulous stocks, and I want to own both of them ... I do believe that KMX has too far behind AN, and you should pull the trigger right now!'AutoNation (NYSE: AN - News)United Auto Group (NYSE: UAG - News)Asbury Automotive Group (NYSE: ABG - News)Service Corp (NYSE: SCI - News): ' I think that this company - which was in the early 2000s just a mess - has gotten its act back together. It's become, once again, a great growth company.'Level 3 Communications (NasdaqGS: LVLT): 'LVLT is just terrific here. It is going to be the bandwidth company of the future. I think that LVLT will either be acquired .... or go cash flow positive by the end of the year, and blow the numbers away in 2008. LVLT remains my favorite under-$7 stock on Mad Money.'Celgene (NasdaqGS: CELG)Lamson & Sessions (NYSE: LMS - News): 'I send you to LMS. Cheaper and better.'
Bearish calls:
LSI Logic (NYSE: LSI - News): 'No! Questionable. Not one of my favorite semis at all.' But if you want a turnaround semi - and if you pay more than $18, I'm going to regret it - MRVL* is the one that has the least down, and the most up. Swap out of LSI and into MRVLAdvanced Micro Devices (NYSE: AMD - News)Urban Outfitters (NasdaqGS: URBN): 'We've had a major turn in URBN. It has just moved all the way up from $18 to $26, and do you mind if I (ring the register) on that name. I think the run is overdone. I want to sell, sell, sell URBN.'Allos Therapeutics (NasdaqGM: ALTH): 'No. Too hard. Man, we've got CELG down so much. Why you fooling around with that lesser stuff.'Symmetricom (NasdaqGM: SYMM): 'No. Copper wiring. You want copper wiring, I send you to LMS. Cheaper and better.'

Published By SeekingApha

Labels: ABG, AMD, AN, F, ID, Jim Cramer, JOYG, KMX, Lightning Round, LMC, LSI, Mad Money, MRVL, PMTI, SCI, SYMM, UAG, URBN

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