Jim Cramer's Mad Money Review

This site is dedicated towards tracking Jim Cramer's stock picks on his TV show Mad Money. Read about and discuss Jim Cramer's ability to move markets. Be ahead of the stock market. Get the news before its news.

Monday, April 14, 2008

Jim Cramer's Stop Trading April 11

He said that lender CIT (CIT) is "definitely negative" on GE's earnings report.
Cramer disclosed that he owns GE stock but still wants to try to make money off the company's quarter.
On Intel (INTC) and the rest of the tech sector, Cramer said that "People are saying, 'Oh [tech stocks are] not going down a lot, so maybe I'll recommend them.' You cannot buy tech in the month of April expecting that you can handle the next two quarters," he said. "Tech is just wrong here."
Cramer called Intel "dead money." However, he did note that "AMD (AMD) is so bad that if I were a customer of AMD I would be calling Intel and saying I need a backup supplier."
Tech is largely a play on GDP growth, which is wrong for this environment, Cramer said. "You can't hide in tech. You can hide in Procter (PG), you can hide in Coke (KO), you can hide in Pepsi (PEP), but you cannot hide in tech."
Cramer was also bearish on Google (GOOG). "I don't know, when you have Microsoft (MSFT) and Yahoo! (YHOO) and News Corp. (NWS) and they've all decided they want to end the dominance of Google." He also decried Google's "hiring binge," saying, "That's just not a business model. ... AMR (AMR) not being able to fly is probably hurting their hiring binge," he said. "That's Google's strategy right now. That's not how you make money."
Published By TheStreet.com

Labels: , , , , , , , , , , , ,

posted by Stock Administrator @ 10:19 AM   0 Comments

Friday, December 14, 2007

Jim Cramer's Mad Money Review Dec. 13th

Capital One Financial (COF), American International Group (AIG), CIT (CIT) Cramer said AIG and COF are not transparent enough to own, because no one is sure about their assets and liabilities. While a bigger interest rate cut might have saved these companies, Cramer said after the Fed's small cut, the two companies look "too darn bad" to hold. While he did like both of these companies at one time, unlike CIT which makes all pertinent information known to investors, COF and AIG have closed books. In addition, COF recently commented on rising delinquency with credit cards, wasted its capital buying back stock at a high price and has "virtually no yield support." While AIG insists it is not being affected by bad loans, it is not providing evidence to support this claim, and Cramer says its yield is insufficient.
CEO Interview: James Hackett Anadarko Petroleum (APC)
"I believe 2008 is going to be the year for natural gas," Cramer said. "It's leaner, meaner and cleaner than coal." APC is a Cramer's natural gas growth pick, since it has raised its production guidance and is actively drilling. Cramer asked James Hackett why the presidential candidates weren't discussing natural gas, and Hackett replied the fuel is unjustly overlooked. Hackett added the company is drilling ambitiously and has made acquisitions to facilitate working overseas. While it is a challenge to drill in the Gulf of Mexico because of federal regulations, Hackett said people who manage to drill in the region should be encouraged. Cramer called Hackett a "hero" who is "making you money."
Mercadolibre (MELI)
Cramer says MELI which processes e-commerce transactions and is based in Latin America has a similar story to Google and Baidu and will continue to run. While he would usually suggest waiting for a pullback, Cramer wouldn't wait too long to buy MELI
Published By SeekingAlpha

Labels: , , , , , ,

posted by Stock Administrator @ 10:19 AM   0 Comments

Wednesday, March 07, 2007

Jim Cramer's Mad Money Stock Recap Mar. 6

WFC, MBI, CIT, BGC, PKG, BP, RVBD
Through the Grapevine: Wells Fargo (NYSE: WFC - News), MBIA (NYSE: MBI - News) and CIT Group (NYSE: CIT - News)
Cramer concedes when things get ugly "it's the rumors that drive the market." Wall Street gossip about the so-called reckless subprime lending of WFC, MBI and CIT was unjust, according to Cramer; "If you missed today's rally, I want you to know who kept you away," he said. When a good stock gets a bad name, it is a sign of the end of a bear raid and he adds financials are bottoming. Cramer is giving WFC the "benefit of the doubt" and does not see any justification in attacking MBI and CIT. He noted these stocks now have a good entry point.

Rubble Stock: General Cable (NYSE: BGC - News)
Cramer is devoting a daily segment to picking up good stocks from the rubble. Although BGC has just gone up, "it's pulled back enough to be a triple buy," reported a "phenomenal quarter" last month with good guidance, and has orders still outstanding from the blackout in New York City four years ago. BGC is also a supplier for triple play and has moderate raw costs, which will mean solid gross margins. Cramer would buy the stock now, but for the cautious, he suggests picking up some now and buying the rest on any weakness.
The 4% Club: Packaging Corp. of America (NYSE: PKG - News) and BP (NYSE: BP - News)
While most investors search for stocks which have upside potential, Cramer says it is also important to find protection against an unexpected downside. "Tonight I'm going to initiate a couple of stocks into the 4% yield club:" BP, his favorite, and PKG. Cramer notes PKG has low margins, should attract private equity interest, benefits from reduced energy costs and has a 4% yield. BP has a 4.1% yield, is the cheapest in its group and is now adopting an "underpromise, overdeliver" strategy.

CEO Interview: Jerry Kennelly, Riverbed Technology (NasdaqGM: RVBD)
Jerry Kennelly said RVBD produced a profit for the first time and "blew away the revenue guidance." When Cramer asked about the lockup expiration set for March 19, Kennelly responded, "It's no longer 59 million," he said. "Half the shares got pushed out to early May, and the half that will expire are a good portion owned by insiders." He added that since March 19 is a blackout trading period, he doesn't think RVBD will get hit. Cramer commented "It's time to buy Riverbed."

Labels: , , , , , ,

posted by Stock Administrator @ 5:46 PM   0 Comments