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

On Wednesday the Dow closed up 76 points as the strength from the Fed rate cut continued to spill. Najarian: investors should look at the volatility in the S&P 500, which is moving back to normal. Reported unusual options activity on Cree (CREE). Could be being bought by General Electric (GE).
Macke: market bears are instant messaging him with more short ideas than any other time in his most recent memory.
Adami: Friday could be a funky day with options expiration on tap. He took a trip to the UPS Center in New York City to find out what is going on at the packaging giant. Adami likes United Parcel (UPS) for three reasons: international growth, energy hedging and union contracts. He also predicted that Fedex (FDX) will rally on Thursday and investors should sell into the strength.
Emerging Markets Trade: The iShares MSCI Emerging Markets (EEM) hit a record high on Wednesday. Their stocks around the globe shot up after the Fed cut. Tim Seymour, of Red Star Asset Management suggests investors buy Tenaris (TS). Seymour recommended Vimpel-Communications (VIP), Mobile Telesystems (MBT) and Mechel OAO (MTL) as liquidity plays.
Shoe Companies: Collective Brands (PSS) and Brown Shoe Company (BWS) have taken double digit hits. CEO of Payless and the company blamed the decline on weather and the increased demand for products out of competitor Crocs (CROX). Finerman hates when companies use weather as an excuse, but she thinks investors can buy PSS, BWS and Limited Brands (LTD).
Goldman Sachs (GS): Dick Bove, an analyst for Punk Ziegel, is the only analyst on Wall Street who is telling investors to sell GS. GS holds are overvalued with $700 billion in securities. He thinks hedge fund trading business is declining.
Word on the Street: TD Ameritrade (AMTD) and Najirian's pick: NASDAQ (NDAQ). Najarian sees no options activity in Oracle (ORCL) ahead of the quarter.
Gartman: time to get out of Suncor (SU) and all his Canadian Tar Sands plays. Instead he would get into U.S. multi-nationals like ConocoPhillips (COP).
Macke says you can buy Kellogg's (K), Kraft (KFT) and Safeway (SWY) off the strong General Mills (GIS) quarter.
Pops & Drops:
Pops: Countrywide Financial (CFC), Blackstone (BX), Fortress Investment Group, The Warnaco Group (WRNC)
Drops- Carmax (KMX), Comcast (CMSCA), Sirius Satellite Radio (SIRI) and XM Radio (XMSR)
Final Trade
Macke-Oracle (ORCL)
Adami- Goldman Sachs (GS)
Najarian- Titanium Metals (TIE)
Finerman- Play Victoria Secret with Limited Brands (LTD)

Labels: CNBC, CREE, EEM, Fast Money, FDX, GE, GS, LTD, MBT, MTL, TS, UPS, VIP

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Research In Motion (NasdaqGS:RIMM - News) matched earnings Wednesday afternoon with $0.99 EPS. RIMM's PowerRating is 5.
Christopher & Banks (NYSE:CBK - News) beat earnings Wednesday afternoon, with $0.05 EPS over an expected $0.04 EPS. CBK's PowerRating is 6.
Genentech (NYSE:DNA - News) beat earnings Wednesday after the close, announcing $0.74 EPS over an estimated $0.67 EPS. DNA's PowerRating is 5.
Fastenal (NasdaqGS:FAST - News) announces earnings Thursday before the open; watch for $0.35 EPS. FAST's PowerRating is 4.
MGIC Investment (NYSE:MTG - News) reports quarterly earnings Thursday morning, with analysts looking for $1.71 EPS. MTG's PowerRating is 4.
When Rite Aid (NYSE:RAD - News) announces earnings Thursday before the bell, expect $0.03 EPS. RAD's PowerRating is 4.
Analysts are watching for Vimpel Communications (NYSE:VIP - News) to announce $1.20 EPS tomorrow morning. VIP's PowerRating is 7.
PowerRatings are courtesy of PowerRatings.net

Labels: CBK, DNA, FAST, Hot Stocks, MTG, RAD, RIMM, VIP

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
DSW (NYSE:DSW - News) beat earnings on Wednesday after the close, with $0.36 EPS vs an expected $0.26 EPS. DSW's PowerRating is 7.
Synopsys (NASDAQ:SNPS - News) beat earnings after the bell Wednesday, announcing $0.21 EPS vs an expected $0.19 EPS. SNPS's PowerRating is 7.
Brown-Forman reports earnings before the bell on Thursday; look for $0.98 EPS. BF's PowerRating is 5.
Del Monte (NYSE:DLM - News) announces quarterly earnings before the open Thursday; analysts expect $0.14 EPS. DLM's PowerRating is 5.
HJ Heinz (NYSE:HNZ - News) reports Thursday morning, with analysts looking for $0.60 EPS. HNZ's PowerRating is 6.
Expect $0.46 EPS when Smithfield Foods (NYSE:SFD - News) reports Thursday morning. SFD's PowerRating is 4.
When Vimpel Communications (NYSE:VIP - News) reports quarterly earnings Thursday before the open, expect $1.05 EPS. VIP's PowerRating is 6.
PowerRatings are courtesy of PowerRatings.net

Labels: DLM, HNZ, SFD, SNPS, VIP