Jim Cramer's Mad Money Review

Netflix Inc.'s third-quarter profit soared past analysts' expectations as the online DVD rental pioneer battled rival Blockbuster Inc. with a price-cutting strategy that helped revive subscriber growth.
The news, released after the stock market closed Monday, lifted Netflix's stock price by more than 12 percent in after-hours trading.
The Los Gatos-based company said it earned $15.7 million, or 23 cents per share, for the three months ended September. That represented a 23 percent increase from net income of $12.8 million, or 18 cents per share, in the same period last year.
The earnings easily exceeded the average estimate of 15 cents per share among analysts surveyed by Thomson Financial. Revenue rose 15 percent to $294 million -- about $8 million above the average analyst's estimate.
Netlfix's third-quarter performance contrasted with the sobering forecast that it provided three months ago after suffering the first quarterly decrease in subscribers during its 8-year history.
With Blockbuster's competing online service rapidly gaining ground, Netflix decided this summer to lower the prices on its most popular subscription plans by a $1 per month.
Though the strategy threatened to crimp profits, it appeared to pay off as Netflix added 286,000 customers during the third quarter to end September with 7.03 million subscribers. Dallas-based Blockbuster, which ended June with about 3.6 million subscribers, is expected to update its customer growth Nov. 1 when it is scheduled to release its third-quarter results.
The company expects to sign up another 300,000 to 500,000 subscribers in the fourth quarter. Investors applauded the news. After falling 23 cents to finish Monday's regular session at $23.01, Netflix shares surged $2.84, or 12.3 percent, in extended trading.

Labels: BBI, Earnings, NFLX

Bullish calls:
Bunge (BG) Monsanto (MON) Sirius Satellite (SIRI): I've positive on SIRI right here, at $2.80. We've reiterated it all the way and said it's going to go to $4 bucks, and the deal gets done. Now, when the deal gets done, it will go to $6 bucks. Research In Motion (RIMM): Yes, I know, it's up a lot. I do not care. It goes higher. First Solar (FSLR): I just want to reiterate that I like First Solar. Suntech Power Holdings (STP) LDK Solar (LDK) Omniture(OMTR): … my favorite... It's kind of an instant Nielsen on the web. It's ad-directed traffic... That's your play. Meridian Bioscience (VIVO): Ithink diagnostic companies are the wave of the future. I'm going with you. Inverness Medical Innovations (IMA) Blue Coat Systems (BCSI): 'It's a good stock. This is web infrastructure … I've got to go with it. Garmin (GRMN) Cnooc (CEO)) Petrochina (PTR) MEMC (WFR) Central European Distribution (CEDC): That, by the way, is a fabulous stock - with 700 different distillations of liquor.
Neutral calls:
Furmanite (FRM): Man, you know what? That's one we're going to have to do work on... I don't know FRM...
Bearish calls:
Pacific Ethanol (PEIX): I've got to steer you away from that. That is not that good a stock. Blockbuster (BBI): It just had a nice move, but I don't like the business model that much - Don't buy, don't buy. Palm (PALM): I don't like PALM at all. First Marblehead (FMD): No, just too hard. F5 Networks (FFIV): You know that last quarter wasn't that good... and I like that company very much...... I'm going to send you from FFIV to Omniture. Trimble Navigation (TRMB): … if we've got Garmin, I don't need to be in TRMB.
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Labels: BBI, BCSI, BG, CEO, FFIV, FMD, FRM, GRMN, IMA, Jim Cramer, Lightning Round, MON, PALM, PEIX, PTR, RIMM, SIRI, TRMB, VIVO, WFR

Bullish:

Trinity Industries (NYSE: TRN - News): ' TRN's the one I've been featuring. That's the best railcar play... They also have a wind power focus.'Exxon Mobil (NYSE: XOM - News)Chevron (NYSE: CVX - News)Cameco (NYSE: CCJ - News)Hewlett-Packard (NYSE: HPQ - News): ' ... was stuck at $45 on Friday, started to inch higher. That one is the next one to breakout.'News Corp. (NYSE: NWS - News): 'The Dow Jones bid? I think that they ought to hit it ... Rupert Murdoch. He's a winner. I want to own his stock. The guy is a great businessman. People want to dump on him all the time. They don't have a clue.Qualcomm (NasdaqGS: QCOM)Texas Instruments (NYSE: TXN - News)Nokia (NYSE: NOK - News)Atwood Oceanics (NYSE: ATW - News): 'You're talking about a driller! A driller to the power of nine - buy, buy, buy!'Halliburton (NYSE: HAL - News)Vail Resorts (NYSE: MTN - News): ' Good trade into June 11th. I suspect great numbers, but then get out of it, because the summer is a bad time for that one.'
Neutral calls:
Darling International (AMEX: DAR - News): '... this is a respectable play... This is an $8 stock, so I've been reluctant to talk about it... But I'm doing a memo to staff right now... maybe we sneak this in one day.'
Bearish calls:
Blockbuster (NYSE: BBI - News): 'Remember, we felt that when Joe Antioco got the boot there, we went with his boot. I cannot get behind BBI. Sell, sell, sell!'FreightCar America (NasdaqGS: RAIL): 'I can't get behind RAIL .... RAIL is not best in show.'Vaalco Energy (NYSE: EGY - News): 'Too dangerous my friend! I tried to get behind this company once before. It has got these incredible properties off the coast of Africa, but I want to be very honest... I have not seen this company deliver... I see nothing but the house of pain.'Evergreen Solar (NasdaqGM: ESLR): 'You should be selling your solar stocks, including that stock - sell, sell, sell! - and buying them after the big wave of underwriting knocks the whole group down.'Brightpoint (NasdaqGS: CELL): 'I need you out of that stock! I don't think there's anything really cooking there... Sell a little bit now, and let it go up... you should be out of it by $16.'CDW Corp (NasdaqGS: CDWC): ' I was asked about CDWC last week... Take profits! The stock was up 25% in six weeks. We like the market. A better play is Hewlett-Packard.'

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Labels: ATW, BBI, CCJ, CVX, DAR, EGY, HAL, HPQ, Jim Cramer, Lightning Round, Mad Money, MTN, NOK, NWS, TRN, TXN, XOM

A Good Call: AT&T (NYSE: T - News), Verizon (NYSE: VZ - News), Sprint Nextel (NYSE: S - News) and Qwest (NYSE: Q - News)
Four companies are poised to become the candidate for the government's largest ever telecommunications contract, Networks Universal, and Cramer believes this contract is significant if it will "move the needle." He comments T and VZ are already so large that even though the deal will mean $68 billion over the next 10 years, it shouldn't move these stocks more than 50 or 60 cents upward. Sprint would be a likely candidate, but although the company reported a good quarter, things look less rosy for Motorola, Sprint's supplier. This leaves Qwest; "I think you'll see a gigantic move, as the permanence of Q is no longer in doubt," said Cramer. Even if Q doesn't get the deal, it is in the "fast-growing part of the country" and may be a takeover target. Cramer would do a mon' back!
Water the Odds? Pico Holdings (NasdaqGM: PICO)
A student at the University of Texas gave Cramer the idea to look at water stocks, and while he is not hitting the bull button yet, Cramer suggests doing homework on PICO, a small speculative play. While Cramer is not thrilled with the water utility market, he likes the fact that PICO sells its water at a premium and has a 35 mile water pipeline under construction. While only one analyst is covering the stock, but Cramer says, "Water is becoming too hot for it to stay under the radar." He urges investors who have done their homework to use limit orders when buying PICO.
Sell Block: Blockbuster (NYSE: BBI - News), GSI Commerce Inc. (NasdaqGS: GSIC), Motorola (NYSE: MOT - News), Nokia (NYSE: NOK - News)
Although Cramer has been bullish on BBI, he was essentially bullish on CEO John Antioco, and would sell the stock on the announcement of Antioco's departure, because "he was the one who gave us our double in the stock" and "exceeded handily" his promises. Although some are critical of Antioco's long-term performance, Cramer pointed out that he saved BBI from Netflix, and he would take gains in the stock now. Cramer notes GSIC is up 28% since his December recommendation, and he would do a schnitzel (sell the gains) on its large increase. Cramer then discussed the "unbelievable Barnum and Bailey stuff" that occurred when some "joker" of an analyst suggested buying Nokia after Motorola cut guidance. "What's bad for MOT is going to be bad for NOK," said Cramer, because MOK's problem is an indication of an industry-wide problem.

CEO Interview: Angelo Mozilo, Countrywide Financial (NYSE: CFC - News)
When Cramer asked why CFC stopped giving out "bad loans" at a time everyone was doing it, Angelo Mozilo said he was talking about problems with loan quality and margins at New Century and Ameriquest a year ago. The companies had a bad business model, Mozilo continued, stating there will be consequences for minority and first-time prospective homeowners because of disappearing liquidity, and this trend will impact the housing market. However, he added the subprime mess has cleared the field of many of CFC's competitors, and the company will be in a dominant position at the end of this painful subprime ride. Cramer commented its time to pick up survivors like CFC ahead of a Fed rate cut in May. Cramer aimed to reassure viewers about Muzilo's stock-selling; "He's an older fellow... It's time for him to do a little insider selling... and I would start doing some outsider buying!"
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Labels: BBI, CFC, GSIC, Jim Cramer, Mad Money, MOT, NOK, PICO, Q, S, T, VZ

Bullish calls:
Denny's (NasdaqCM: DENN): 'I want to be candid. They did not have a good month. I am sticking by them because, what I liked them for is the restructuring that's fixing their balance sheet ... it's part of my little under-$10 package that I think is ramping, and that I think goes still higher. DENN is fine with me. I want to hold it.'Blockbuster (NYSE: BBI - News)Dynegy (NYSE: DYN - News)Companhia Vale do Rio Doce (NYSE: RIO - News): 'This company accomplished something that no other company could do in the western hemisphere... It literally merged with its #2 competitor ... and it has created a mineral powerhouse ... I think it's got $45 written on it. I have liked this company for 10 points. I bet you I like it for another 15! But, I've got to tell you - let's understand - it's had a big run. It is up 68% year over year. It goes to $40, and goes to $45. It probably pulls back a little, and ultimately goes to $50.'NYSE Group (NYSE: NYX - News): 'I think this is the most undervalued stock on the New York Stock Exchange - how ironic... I just bought some again for my charitable trust last week, and I am anxious to pull the trigger again, because I just think it is so darn undervalued versus when that Euronext deal closes. This one is a keeper.'Yahoo! (NasdaqGS: YHOO): ' ... there was an article in the Wall Street Journal that really said that the Yahoo AT&T relationship is ka-put, that it's just a trainwreck ... Now, over the weekend, YHOO and AT&T put out a series of releases that basically said that the Journal was dead wrong. Maybe it's something in between, but the people who tossed this stock out on Friday overreacted to what I think may have been a lot wrong in that article. I'm staying with YHOO.'eBay (NasdaqGS: EBAY)Big Lots (NYSE: BIG - News): ' ... As soon as I saw the Dollar General buyout, I said that someone is going to bid for this BIG, so I hit it up. Sure enough, 52-week high but, you know what? It probably has a little bit more to go. Now, let me caution... If I owned it, it's up 120% year-over-year, and that means bulls make money, bears make money, but hogs get slaughtered. So, if you owned it for the last year....'BEA Systems (NasdaqGS: BEAS): 'I recommended it at $12. Right now, I'm giving myself 30 lashes... I am disappointed in how this company reported. I still believe that Oracle could take them out ... I want to stick with it for now.'
Neutral calls:
Ford (NYSE: F - News): 'I don't mind the company, but the stock is wrong ... I think that Ford will be successful in its turnaround, but I like to play it with the right piece of paper - the convertible bond.'
Bearish calls:
USG (NYSE: USG - News): 'USG is a really interesting situation, because it never seems to ever go right where Warren Buffet says that he would buy the rest of it, which is mid-40s... Now, USG in the end, is deeply levered to the housing market, and you know that I am a bear on housing.'Heelys (HYLS): 'I think that HLYS is over-valued ... I went recently to a couple of sporting goods stores. They're stocked to the gills with Heely's. I don't like to see that. Sell, sell, sell!'News Corp. (NYSE: NWS - News): 'We're a dollar away from register ringing on NWS. It doesn't mean I dislike it. It does mean it's had a really big run.'Quiksilver (NYSE: ZQK - News): 'Awful. Awful. I've got to tell you. This is one of the worst quarters I have seen from any apparel company, and they're blaming the warm weather ... I hate those kind of excuses. In other words, what I'm saying is, it's probably too late to sell right now but, if that stock rallies, sell, sell, sell!'
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Labels: BBI, BEAS, BIG, DENN, DYN, EBAY, F, Jim Cramer, Lightning Round, Mad Money, NWS, NYX, RIO, USG, YHOO, ZQK

Bullish calls:
MGM Mirage (NYSE: MGM - News): '... Look, it's the 2nd-largest casino, it's very well-run, we know that the casino business is consolidating... but we're so worried about China now that the stock's had a pullback... You know what? It's had enough of a pullback. MGM works. I want to own the stock.'Blockbuster (NYSE: BBI - News): ' ... we have recommended - and continue to recommend - BBI as the play, because they're moving aggressively into NFLX's turf, and I think they're doing a great job.'Infosys Technologies (NasdaqGS: INFY): The stock has taken a hit here. Indian outsourcing is a powerful concept that is not going away ... I actually want to buy it here right now. It's ridiculously low. It's earnings are great. Let's put some on our sheets.'IAC/InterActive Corp (NasdaqGS: IACI): ' ... absolutely the biggest buyback I know.'Tyco International (NYSE: TYC - News): The company is worth more than $30 bucks! It's been just biding time ... I think the split-up will bring a lot of value. I think there's 25% upside, but you're going to have to wait for the split-up, because nobody's a believer except you and me.'Texas Roadhouse (NasdaqGS: TXRH): 'I like TXRH more [than SNS].'Sonic (NasdaqGS: SONC): 'I'm going to go with SONC.'Great Plains Energy (NYSE: GXP - News): 'It's got a great wholesale competitive business, it's got a 5% yield. It's hit my radar screen as something to buy. I'm going to encourage you to stay in that.'Apple (NasdaqGS: AAPL): ' Your fine in AAPL. It's meandering. It's biding time. It's making its way toward a great base of $83-87.'Google (NasdaqGS: GOOG): ' GOOG was up $16 yesterday. It's come down a little. It's meandering now ... Below $440, I think it's the price to pull the trigger.'Yahoo! (NasdaqGS: YHOO): 'GOOG is now anointed, along with EBAY, along with YHOO - I think both those stocks make a ton of sense.'eBay (NasdaqGS: EBAY)Bank of America (NYSE: BAC - News): 'I think BAC's incredibly well-run; it's got a big buyback. I think they've renounced the kind of acquisitions that have historically killed the stock.'Cognizant Technology (NasdaqGS: CTSH): 'This is another Indian company, although it's based in Teaneck [NJ] ... It has been a fantastic performer, and it will continue to be so.'Dean Foods (NYSE: DF - News): 'I like DF ahead of what I think is just a terrific buyback that they're doing for their company.'
Bearish calls:
Netflix (NasdaqGS: NFLX)Shutterfly (NasdaqGM: SFLY): 'SFLY's an okay dot-com. It does a little social stuff. I would rather see you in IACI.'Steak n Shake (NYSE: SNS - News): 'SNS is a not-great restaurateur ... I'm giving that a distinctive 'don't buy, don't buy.'First Marblehead (NYSE: FMD - News): 'It's had a big run. I would actually right here say let it go back under $40, before I want to buy it. Don't buy, don't buy.'Melco PBL Entertainment (NasdaqGM: MPEL): ' Macau is so close to China - like it is China - that MPEL - which has got the Chinese casino coming - is worrisome ... I'd rather fess up, be wrong than I would stick with something that I'm worried about.'Cal-Maine Foods (NasdaqGM: CALM): ' Uh, egg company. You know what? Just okay.'

Labels: AAPL, BAC, BBI, CALM, DF, FMD, GOOG, GXP, INFY, Jim Cramer, Lightning Round, Mad Money, MGM, MPEL, SNS, TYC

"Pipeline Play": Biosite (NasdaqGS: BSTE)Cramer wanted viewers to take a look at Biosite which will be in demand if the Democrats "storm the winter palace" in November, because the money will go out of Big Pharma into "small, diagnostic plays." He likes the fact that Biotech is new and not yet played out, and comments that this producer of diagnostic tests keeps reinvesting money into new products. Cramer added Biosite is "sitting on top of a new product cycle," and should see an upside as well as more analyst coverage. He also predicts a short squeeze which should bring the stock up, and notes the company implemented a 12% buyback of its stock, and Fidelity is increasing its stake in the company from 12% to 15%. Cramer likes Biosite as a "pipeline story" and thinks the shorts are going to be sorry.Here Comes the Sun Microsystems (NasdaqGS: SUNW)Cramer declares that SUNW, a stock he has "hated for a very long time," is now an "under -$10 turnaround" because its new management is making serious changes by cutting costs and continuing to improve its sales. However, he cautions against impulse buying, and urges investors to find a good entry point and not to buy before Monday afternoon. Cramer sees upgrade potential, notes that its server business is "en fuego" and its software business is strong. He reminds investors to use limit orders when buying.The Week Ahead: GlobalSantaFe (NYSE: GSF - News), Marvell Technology (NasdaqGS: MRVL), Analog Devices (NYSE: ADI - News), Blockbuster (NYSE: BBI - News), Dynegy (NYSE: DYN - News), Foster Wheeler (NasdaqGS: FWLT), McDermott (NYSE: MDR - News), Charter Communications (NasdaqGM: CHTR), Sprint (NYSE: S - News), Gap (NYSE: GPS - News), Viacom , and VeriFone (NYSE: PAY - News)On Monday, Cramer suggests buying GSF before it reports a "blowout quarter" and would pick up MRVL after its disappointing report. He sees hope for MRVL because ADI indicated the worst is over in the chip inventory cycle. Cramer says investors should sell BBI before Tuesday and buy some back after a selloff, and he would do the same with DYN. He predicts strong earnings for FWLT and MDR, would buy CHTR ahead of its report, and would only pick up Sprint if it has an "incredibly miserable" quarter. Cramer also suggests taking a look at GPS, Viacom and PAY.Mad Mail: Sirius Satellite Radio (NasdaqGS: SIRI) and XM Satellite Radio (NasdaqGS: XMSR)When faced with a potential merger, Cramer says it is better to buy stock in the stronger rather than the weaker company, because even if the deal is off, the better company will rise.

Labels: ADI, BBI, BSTE, CHTR, DYN, FWLT, GPS, GSF, Jim Cramer, Mad Money, MDR, MRVL, PAY, S, SIRI, SUNW, XMS

Marvell (MRVL), Broadcom (BRCM), Seagate (STX), Level 3 (LVLT), Blockbuster (BBI), Goldman Sachs (GS): Cramer says that tech is okay for a trade until August, and he likes the wireless chip players because of the iPhone, Xbox and Playstation. Cramer adds that Marvell is 2 down because of its bad quarter, ten up, and mentions that he also likes BRCM and that STX is going higher. Cramer proclaims the death of the bears in speculative plays such as like LVLT, up 5% at $6.26, and Blockbuster, up 2% at $6.78. He predicts that GS, up 3% to $219 will make it to $300.
Marriott (MAR), Starwood (HOT), Hilton (HLT) and Trump (TRMP): Those who don't like hotel stocks "don't do their homework," said Cramer who is bullish on MAR, HOT and HLT, and says he is not afraid of buying TRMP, because it has dropped to $17.
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Labels: BBI, BRCM, GS, HLT, HOT, Jim Cramer, LVLT, MAR, MRVL, STX, TRMP

Bullish calls:
Covance (NYSE: CVD - News): 'This is one of those companies that is the arms provider to biotech and pharma... Yeah, they do the tests. You've got a two thumbs up, way up.'Continental Airlines (NYSE: CAL - News)Rite Aid (NYSE: RAD - News): ' ... an analyst downgraded RAD, and it sent the stock down 31 cents, where I want to back the truck up ... Mary Sammons runs RAD, and is going to be on the show when that deal closes, and that is going to be a phenomenal one!'International Flavors & Fragrances (NYSE: IFF - News)JPMorgan (NYSE: JPM - News): 'I am going to suggest that you buy JPM, because Jamie Dimond did a good call.'Capital One Financial (NYSE: COF - News): 'If you want a little risk, and big reward, you go with COF.'Level 3 Communications (NASDAQ: LVLT - News): 'I 'm reiterating my by for LVLT... If you want to be in fiber, you go into LVLT.'Best Buy (BBY): 'If you want to be in big-screen TVs, you go into BBY, and that's all there is to it.'AT&T (NYSE: T - News): 'I am so much a T man, so swap out of the Fair Point Commuications, and go into T.'Toyota Motor (NYSE: TM - News): 'I was a huge buyer of TM 10 points ago, for my charitable trust, and I'm reiterating my buy right here. I recommended TM, and it is only up a quick 15 points, and I'm not backing away, because they make good cars. 'Blockbuster (NYSE: BBI - News): 'This thing was downgraded by another analyst this week, and it was not even a glancing blow. It didn't even the guy, because the stock finished at or near its high. Why is that? Because the 'total access' program is working. He made us money - he's a guy we like. And BBI is a keeper.'Valero (NYSE: VLO - News): 'The refining game - if you want to get in that - I'm always going to send you to... VLO.'
Bearish calls:
JetBlue Airways (NASDAQ: JBLU - News): 'Very tough. After the close tonight, they announce two resignations, including a guy that seemed pretty important from the sales and marketing side. I want to see the smoke clear ... and then I still don't want to buy it.'Bare Escentuals (NASDAQ: BARE - News): 'I said sell that stock at $31-32. It's at $34-35. I don't regard that as being anything that you missed. And I suggested instead that you buy IFF at $42. It went to $49. I say no on your bear - Sell, sell, sell. 'Sky Financial (NASDAQ: SKYF - News): 'Ring the register, my friend! You're getting Huntington Bank - not one of my favorite banks, because that company's already been taken over. It is time to sell, sell, sell.'Western Refining (NYSE: WNR - News): 'I do not like the refining stocks this quarter; I think that you'll get hurt, but they represent some great value longer term ...- I am not going to pull the trigger just yet on any refining company... 'Electronic Arts (NASDAQ: ERTS - News): 'No, no! Everyone's all excited about ERTS ... They don't have that much ... I don't trust ERTS here. Mid-40's - only then, pull the trigger.'FairPoint Communications (NYSE: FRP - News): ' Oh, this is that spinoff, right? They split the company up? You know what? I know they've got that good yield - I am so much a T man, so swap out of the FRP, and go into T.'Wal-Mart: (NYSE: WMT - News): 'sell, sell, sell!'Walgreen (NYSE: WAG - News): 'Now, at $46, I'm not as strong on WAG.'Corning (NYSE: GLW - News): 'I'm stuck with GLW. I have said that it's okay, but it's flatlined right here at $19, in part, because there's a glut of big-screen TVs; in part, because my national fiber shortage hasn't really started yet.'
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Labels: BARE, BBI, CAL, COF, CVD, ERTS, FRP, GLW, IFF, JBLU, Jim Cramer, JPM, Mad Money, RAD, SKYF, T, TM, VLO, WMT, WNR

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

Bullish calls:
Dell (NASDAQ: DELL - News): 'I have to tell you, you don't sell any of these PC stocks ahead of the Vista launch. You sell them one day after the Vista launch, and then I will do the sell, sell, sell."eBay (NASDAQ: EBAY - News): 'I am a minority of one. I genuinely think that EBAY is a good stock. ...said that they're buying Stub Hub, which I think is a brilliant acquisition. I'm not backing away; I'm backing the truck up for EBAY.'Boeing (NYSE: BA - News): 'People keep wanting to get off the BA horse. They're wrong! Monster quarter coming. AirBus still can't make the planes, for heaven's sake. I want to continue to buy BA, until it gets to $100.'Boston Scientific (NYSE: BSX - News): 'The stock has been soggy now for about 80 cents ... But! That means it's an opportunity. And, yes! BSX - ever since we recommended it a dollar ago - has been on a slow creep up. I think it goes to $20 bucks, and then let's reconfigure.'Google (NASDAQ: GOOG - News): ' This company's going to have a good quarter. Notice that - every time it creeps up on the up days, I want to own this stock under $500. My price target remains in the $600 level. It will get there. Do not lose faith.'Blockbuster (NYSE: BBI - News)Rite Aid (NYSE: RAD - News)Crown Castle (NYSE: CCI - News): 'I'd swap out of C and move into CCI.'Advanced Micro Devices (NYSE: AMD - News): 'I think AMD's cheap ... I think AMD is better than Intel. I want to own AMD, ahead of the Vista launch.'Allegheny Technologies (NYSE: ATI - News): 'Those of you that are still looking for a new name, ATI has pulled back $10. Bring it in, bring it in. Buy, buy, buy!'Cisco (NASDAQ: CSCO - News): ' ... one of my growth stocks of the year.'Lundin Mining (AMEX: LMC - News): ' I recommended this stock because I think it's got good fundamentals, and I think it can get a takeover. I'm not backing away from that. But ... commodities are in free fall right now ... Give it a little room, and then buy, because that thesis isn't going away. It's just right now dormant.'Allergan (NYSE: AGN - News): 'AGN has been going down off of a CIBC report that I think is gravely mistaken, saying that the breast implant business is not going to be good for AGN ... AGN's got Juvaderm ... AGN's got Botox ... I need you to buy AGN.'Hewlett-Packard (NYSE: HPQ - News): 'The only PC stock you can own for the whole year is HPQ. Because Mark Hurd is better than the average bear.'Lowe's (NYSE: LOW - News): 'I much prefer LOW. LOW's is better than Home Depot.'Monsanto (NYSE: MON - News): 'The analysts continue to hate it. I continue to like it. I like all the hybrid new corn that they've got.'
Bearish calls:
Sirenza Microdevices (NASDAQ: SMDI - News): 'SMDI is radio frequency for the SIRI [Sirius Satellite Radio] satellites of the world ... I want to steer clear. I am telling you, sell SMDI and never look back.'Brocade (NYSE: BRC - News): 'I think BRCD's had a nice run and it's time to move on. They did that good merger with MacData... 'Citigroup (NYSE: C - News): ' ... it's still run by a lawyer, and we don't really care for banks that are run by lawyers ... C is not going to hurt you. I just don't think it's a great stock to own. Let's cut back a little.'Anadigics (NASDAQ: ANAD - News): 'No on radio frequency names; it's too competitive and I don't want to be there. Sell, sell, sell!'H&R Block (NYSE: HRB - News): 'No. Sell, sell, sell. Permanent sell. Plus, they've run afoul of Governor Spitzer. No.'Home Depot (NYSE: HD - News): 'No, no. I don't want HD, even though I like it long-term.'RTI Metals (NYSE: RTI - News): 'I would schnitzel out of RTI, and go into ATI.'
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Labels: AGN, AMD, ATI, BA, BBI, BSX, CCI, CSCO, Dell, EBAY, GOOG, HPQ, Jim Cramer, LMC, LOW, Mad Money, MON, RAD, SMDI

Disney (NYSE: DIS - News) and Six Flags (NYSE: SIX - News)Commenting on Disney's drop since its impressive earnings report last week, Cramer insists that DIS did not "drop the ball" but that analysts raised expectations before the report which made Disney look worse than it is. He notes that Pirates of the Caribbean brought in $1 billion and sales of its shows on iTunes is not hurting its TV business, and would use Disney's decline as an opportunity to buy. He also likes Six Flags.NYMEX (NYSE: NMX - News) and New York Stock Exchange (NYSE: NYX - News)Cramer says that even though NMX has gone up, he would still buy 25% of a position in the stock now, however, he would prefer NYX up in the 130s and 140s.DJO (NYSE: DJO - News)The knee brace is becoming a fashion sports accessory as well as a treatment as companies encourage coaches to order knee braces in their teams' colors. Cramer discussed DJO in the past as a "simple but great" company, and now comments that "DJO is about braces and avoiding surgery -- a long-term trend."Network Appliance (NASDAQ: NTAP - News), Rackable Systems (NASDAQ: RACK - News), Marvell Technology (NASDAQ: MRVL - News) and Sony (NYSE: SNE - News)Cramer confessed that it was "hearbreaking" that those who sold NTAP on his suggestion missed a 12 point run. However, he also recommended sticking with RACK, and those who dumped the stock missed "an awesome 15 point run." Cramer feels certain that he is not wrong about MRVL which is acting like the other two companies since it has been a "real stinker" but reported "decent revenue and gave great guidance." He also thinks that estimates are too low for MRVL: "When you set the bar low, it becomes easy for the stock to jump." He recommends buying MRVL when it is at bottom, but would avoid SNE.Mad Mail: Blockbuster (NYSE: BBI - News), Jim Cramer Tattoos and Caremark (NYSE: CMX - News)When asked if Cramer expected BBI to exceed Cramer's $6 estimate, he answered that, given the rise of digital recorders, he doesn't think it will go from $4.75 to an amount exceeding $6. He told another mailer that getting a Jim Cramer tattoo would be a tad "aggressive." Finally, he suggested selling Caremark.Published By SeekingAlpha

Labels: BBI, CMX, DIS, DJO, Jim Cramer, Mad Money, MRVL, NMX, NTAP, NYX, RACK, SIX, SNE