Jim Cramer Blog

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Applied Materials (NasdaqGS:AMAT - News) beat earnings on Wednesday, announcing $0.32 EPS versus expectations of $0.29 EPS. AMAT's PowerRating (for Traders) is 4.
Longs Drug (NYSE:LDG - News) also beat expectations, with $0.51 EPS over a consensus of $0.44 EPS. LDG's PowerRating (for Traders) is 5.
Tetra Tech (NasdaqGS:TTEK - News) beat earnings on Wednesday afternoon with $0.241 EPS over $0.22 EPS. TTEK's PowerRating (for Traders) is 7.
JC Penney (NYSE:JCP - News) reports earnings on Thursday, with analysts looking for $1.01 EPS. JCP's PowerRating (for Traders) is 6.
Suntech Power (NYSE:STP - News) is looking to announce $0.28 EPS on Thursday morning before the market opens. STP's PowerRating (for Traders) is 7.
Analysts are watching for Tyco (NYSE:TYC - News) to report $0.55 EPS tomorrow morning. TYC's PowerRating (for Traders) is 5.
When Williams-Sonoma (NYSE:WSM - News) reports results on Thursday morning, with traders expecting $0.24 EPS. WSM's PowerRating (for Traders) is 3.

Labels: AMAT, Hot Stocks, JCP, LDG, STP, TTEK, TYC, WSM

Stocks surged today as investors went bargain hunting following yesterday's sell-off. At the close, the major market averages gained back most of what they lost yesterday, with the Dow ending up 248 points, and 90% of the stocks in the S&P finishing higher. Oil continued to rise on the week, with the price of crude jumping $1.78 to finish at $73.51 a barrel.

In corporate news, tobacco giant Altria Group (NYSE: MO - News) announced that it will spin off its international tobacco business amid an ongoing corporate restructuring. Current Altria CEO Louis Camilleri will serve as chairman and CEO of Philip Morris International, while Michael Szymanczyk will become chairman and CEO of Altria. Its board of directors also increased the dividend 8.7%. Shares rose 1.1%. Subscribers can read our analysis of Altria in today's issue.
In the specialty retailing space, Big Lots (NYSE: BIG - News) shares surged 9.9% after the company earned $23.4 million, or 22 cents a share, in its second quarter, up from $4.3 million, or 4 cents a share, last year. Earnings from continuing operations came in at 21 cents a share, higher than analyst estimates of 12 cents a share. Sales rose to $1.08 billion, while same-store sales increased 5.2%. For its third quarter, the company expects to earn between 9-13 cents a share and sees fourth-quarter EPS coming in at a range of 87-92 cents, higher than analyst estimates of 84 cents.
Investors sent shares of Williams-Sonoma (NYSE: WSM - News) higher by 10.6% after the retailer said sales at its key brands drove revenue higher. For the second quarter, the company said earnings equaled $26 million, or 23 cents a share, down from $35 million, or 30 cents a share, in the year-ago period. Excluding certain items in both years, the company said EPS slipped to 24 cents from 25 cent last year. The figure easily topped Wall Street estimates calling for EPS of 16 cents. Revenues increased 4.1% to $859.4 million. The gourmet cookware chain said it expects full-year earnings to come in at $1.82-1.90, up from its previous forecast of $1.73-1.81 a share.
Technology firm Seagate Technology (NYSE: STX - News) announced late Tuesday that it sees a higher fiscal first-quarter profit due to increased sales of high-end devices. Excluding one-time items, it expects earnings of 62-66 cents a share, which is above its earlier forecast of 40-44 cents a share. It forecasts sales to come in at $3.15-3.23 billion and sees margins rising to 24% from 20. Shares rose 3.8%.

By the BullMarket.com Staff

Labels: BIG, MO, STX, WSM

Here are 7 stocks for traders for Wednesday from TradingMarkets.com:
Micros Systems (NasdaqGS:MCRS - News) beat earnings on Wednesday after the close, announcing $0.75 EPS over an expected $0.70 EPS. MCRS's PowerRating (for Traders) is 5.

Big Lots (NYSE:BIG - News) reports earnings on Wednesday before the bell; watch for $0.12 EPS. BIG's PowerRating (for Traders) is 5.
Brown Shoe (NYSE:BWS - News) is looking to announce $0.25 EPS before the market opens on Wednesday. BWS's PowerRating (for Traders) is 5.
Dollar Tree (NasdaqGS:DLTR - News) should report $0.33 EPS on Wednesday morning. DLTR's PowerRating (for Traders) is 5.
When Energy Conversion (NasdaqGS:ENER - News) announces quarterly earnings on Wednesday before the bell, be watching for -$0.11 EPS. ENER's PowerRating (for Traders) is 5.
Joy Global (NasdaqGS:JOYG - News) and Williams-Sonoma (NYSE:WSM - News) both report earnings on Wednesday morning; watch for $0.69 EPS from JOYG and $0.16 EPS from WSM. JOYG's PowerRating (for Traders) is 4, and WSM's PowerRating (for Traders) is 4.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: BIG, BWS, DLTR, ENER, Hot Stocks, JOYG, MCRS, WSM

Here are 7 stocks for traders for Wednesday:
Verifone (NYSE:PAY) beat earnings on Tuesday afternoon, with $0.39 EPS over an expected $0.37 EPS. PAY's PowerRating is 6.
Alkermes (NasdaqGS:ALKS) beat earnings on Tuesday after the close, announcing $0.03 EPS over an expected $0.01 EPS. ALKS's PowerRating is 6.
Daktronics (NasdaqGS:DAKT) announces earnings on Wednesday before the open; look for $0.08 EPS. DAKT's PowerRating is 3.
Dress Barn (NasdaqGS:DBRN) reports quarterly earnings on Wednesday morning before the market opens, with analysts watching for $0.31 EPS. DBRN's PowerRating is 6.
Joy Global (NasdaqGS:JOYG) should report $0.72 EPS before the bell on Wednesday. JOYG's PowerRating is 7.
When Polo Ralph Lauren (NYSE:RL) announces earnings Wednesday morning, be looking for $0.62 EPS. RL's PowerRating is 6.
Analysts expect Williams-Sonoma (NYSE:WSM) to report $0.13 EPS tomorrow morning before the market opens. WSM's PowerRating is 6.
PowerRatings are courtesy of PowerRatings.net

Labels: ALKS, DAKT, DBRN, Hot Stocks, JOYG, PAY, RL, WSM

Here are 7 trading ideas for today. These lists come directly from the TradingMarkets Stock Indicators page and are based upon our latest quantitative research.
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.

EDO Corporation (NYSE:EDO - News). EDO'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.
West Marine (NasdaqGM:WMAR - News). WMAR'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.
Hilb, Rogal & Hobbs (NYSE:HRH - News) & Williams Sonoma (NYSE:WSM - News). HRH's PowerRating is 7, and WSM's PowerRating is 6.
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.
Rogers Corporation (NYSE:ROG - News). ROG'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.
Intermec (NYSE:IN - News). IN's PowerRating is 4.
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.
iRobot Corporation (NasdaqGM:IRBT - News). IRBT's PowerRating is 2.
PowerRatings are courtesy of PowerRatings.net

Labels: EDO, Hot Stocks, HRH, IN, IRBT, ROG, WMAR, WSM

Most Under Priced 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.
Google Jan 510 Puts (NASDAQ:GOOG - News). GOOG's PowerRating is 4.
Most Under Priced 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.
Intuitive Surgical Jan 95 Puts (NASDAQ:ISRG - News). ISRG'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.
Baidu.com Mar 140 Calls (NASDAQ:BIDU - News). BIDU's PowerRating is 5.
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.
Diamond Offshore Drilling Mar 70 Calls (NYSE:DO - News). DO's PowerRating is 5.
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.
SLM Corporation (NYSE:SLM - News). SLM's PowerRating is 4.
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 suggestsan extraordinarily negative earnings report, or other news which may negatively affect the stock.
Williams Sonoma (NYSE:WSM - News). WSM'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.
Gap Inc. (NYSE:GPS - News). GPS' PowerRating is 6.
PowerRatings are courtesy of PowerRatings.net

Labels: BIDU, DO, GOOG, GPS, ISRG, SLM, WSM

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Applied Materials (NASDAQ:AMAT - News) missed earnings on Wednesday afternoon, announcing $0.30 EPS vs an expected $0.31 EPS. AMAT's PowerRating is 5.
Gymboree (NASDAQ:GYMB - News) beat earnings Wednesday after the close; GYMB announced $0.72 EPS vs a consensus of $0.70 EPS. GYMB's PowerRating is 4.
Hot Topic (NASDAQ:HOTT - News) matched earnings with $0.16 EPS. HOTT's PowerRating is 4.
Barnes & Noble (NYSE:BKS - News) are expected to report -$0.04 EPS Thursday morning before the open. BKS's PowerRating is 4.
Sears Holding (NASDAQ:SHLD - News) reports early Thursday; look for $0.98 EPS. SHLD's PowerRating is 5.
When Williams-Sonoma (NYSE:WSM - News) reports Thursday morning, expect $0.24 EPS. WSM's PowerRating is 3.
MedCath (NASDAQ:MDTH - News) announces quarterly earnings on Thursday before the open, with analysts looking for $0.20 EPS. MDTH's PowerRating is 4.
PowerRatings are courtesy of PowerRatings.net

Labels: AMAT, Applied Materials, Barnes and Noble, BKS, GYMB, Gymboree, Hot Topic, HOTT, MDTH, Medcath, Sears Holdings, SHLD, Williams-Senoma, WSM