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.

Wednesday, November 19, 2008

Jim Cramer's Stop Trading 11/18

"Retail's a different animal when things get bad," said Jim Cramer on Tuesday's "Stop Trading!" segment on CNBC. "When we get double-digit unemployment, everything goes."
He said the dollar stores, such as Family Dollar(FDO), are the only thing that might be safe. Not even Sears(SHLD), which he said is not over-leveraged and has a "really good" balance sheet, can avoid the fate of retailers such as Saks(SKS).

"Why should Sears be immune from this?" he said.

"Eddie's my friend," said Cramer, referring to Sears Chariman Eddie Lampert, but "he's got Home Depot(HD) going against him and Lowe's(LOW) going against him."

Addressing big oil, Cramer said that Exxon Mobil(XOM) is his tell. Cramer said that when oil was at $80 to $100, stocks such as Exxon "telegraphed a dramatic decrease in oil" to $60.

Exxon "predicted everything that happened, and it was six months ahead of everything," he said. "And that stock's done going down."

If Exxon was right before, Cramer said, it might be right again. Now he sees a bottom for oil in the $50s and a $2 bottom in gasoline. "You have to believe that oil might be bottoming, because that's what the stocks told you before," he said. He also mentioned that Anadarko (APC) "has moved up lately."
Published By TheStreet.com

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Tuesday, November 18, 2008

Home Depot (HD) 3Q profit falls 31 percent

Home Depot Inc. said Tuesday its third quarter profit sank 31 percent on slow sales at established locations as consumers continued to cut back on spending.

The company said the housing and home improvement markets remain challenging, and forecast a steeper drop in sales for the full year than previously expected.

Home Depot said net income fell to $756 million, or 45 cents per share, from $1.09 billion, or 60 cents per share, a year earlier. Revenue fell 6 percent to $17.78 billion from $18.96 billion.

Analysts polled by Thomson Reuters expected earnings of 38 cents per share on revenue of $17.74 billion.

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Monday, May 19, 2008

Jim Cramer's Mad Money Review May 16th

Jim Cramer took up the protracted debate over the market's bottom on his his Mad Money TV show Friday.
Cramer said he is not taking sides in the debate, trying instead to remain flexible.
Noting there are arguments both for and against calling a bottom in the stock market, he emphasized just having the debate itself is a good sign.
On the upside, Cramer cited the PHLX Housing Sector Index. "This home building index won't go down, despite the fact home builders are reporting horrible numbers," he said. "When you get bad news and nothing happens, that's a bottom."
On the downside, he pointed out, there are still many bearish arguments, including the weakening dollar and consumer confidence. While home prices may be stabilizing in some areas of the country, they continue to weaken in others.
Cramer said he's looking to Lowe's (LOW) and Home Depot (HD), both of which report next week, for clarity on the real state of the housing market.
Overall, Cramer told viewers that he's sticking with the same long-term themes he's discussed over the past few weeks. And that they are international infrastructure, oil and natural gas, mining and minerals, and defense stocks. He also likes his "new technology" companies that are making real solutions for real problems.
Published By TheStreet.com

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Wednesday, December 05, 2007

Jim Cramer's Mad Money Lightning Round Dec. 4th

Bullish calls:
Walt Disney (DIS): 'Again, I don't play for DIS, but I'm certainly not going to blast it. I think it's a good company.' Brookfield Asset Management (BAM): 'They've got terrific, terrific management … BAM will come back!' Hewlett-Packard (HPQ): 'HPQ has the business model and the leverage!' SunPower (SPWR) First Solar (FSLR) Johnson Controls (JCI): 'There was a man who just downgraded it … He's taken a very short-term approach. JCI has an unbelievably good business in climate control and, when autos come back, that stock's going to roar.' J. Crew (JCG) Costco (COST)
Bearish calls:
Wolseley (WOS): 'I can't endorse that company. Those companies are all doing badly.' Lowe's (LOW): 'I don't even recommend Lowe's anymore on this show.' Fannie Mae (FNM): 'It's just too hard to value right now...They just cut the dividend. Guys are going to sell it. I'm not there...' Automatic Data Processing (ADP): 'No. It's just a flatlined name. You need a stronger economy for that play.' Dell (DELL): 'DELL can buyback as many shares as it wants. HPQ has the business model and the leverage!' LDK Solar (LDK): 'No, c'mon man! The finances are unclear!' Cabela's (CAB): 'That company is just simply one of the worst publicly-traded companies I've ever seen.' South Financial Group (TSFG): 'Good stock in a really bad neighborhood … I can't touch the darn thing. Sorry to be so negative.' Home Depot (HD): 'That group is too darn hard.' Solarfun Power (SOLF)
Published By SeekingAlpha.com

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Tuesday, November 06, 2007

Jim Cramer's Mad Money Lighting Round Nov. 5th

Bullish:
Global Industries (GLBL) – Cramer will not walk away from.
Transocean (RIG) – Is really behind.
Trico Marine (TRMA) – Is not bad.
Core Labs (CLB) – Nothing is better.
FMC (FMC) – Likes as well.
Compellent Tech (CML) – Reminds Cramer of a “mini- VMware.
VMWare (VMW)
Oilsands Quest (BQI) – With the right tax regime in Alberta, there would be some pin action up there.
Novagold (NG) – Could become the depositor of an incredible amount of cheap gold.

Bearish:
Jones Soda (JSDA)- Says no. Sell Jones.
Jamba (JMBA) - Sell
Hansen (HANS) - Sell
Radian Group (RDN) – Does not believe they can raise the capital they need.
Fannie Mae (FNM) – Cramer can not get behind.
Rediff.com (REDF) – Another Baidu.
Countrywide (CFC) – Does not like. Would buy Wells Fargo.
AIG (AIG) – Sell sell sell.
Home Depot (HD) – Rather be in Lowes.
Level 3 (LVLT) – Can’t get CEO on the show.
Old National Bank (ONB) – People are not buying these banks right now.
Superior Offshore (DEEP) – Sticking with Transocean.

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Thursday, October 11, 2007

Jim Cramer's Wall Street Confidential Oct. 10th

Costco (COST), Wal-Mart (WMT), Kroger (KR), Safeway (SWY), Home Depot (HD), Sears (SHLD), Lowe's (LOW), Kohl's (KSS), J.C. Penney (JCP), Macy's (M)
When retail swoons, bears are quick to blame the sluggish consumer, but Cramer believes a more nuanced view is in order. Even though consumers don't want to shop at Wal-Mart, Safeway or Kroger because of boredom, or at Home Depot, Lowe's and Sears because of housing problems doesn't mean they don't want to shop. Today's consumer wants to be entertained, pampered and is looking for a bargain, said Cramer. Target and Wal-Mart no longer provide this experience, but Costco is fitting the bill because "it is a better place to shop." The consumer is not interested in Kohl's, J.C. Penney or Macy's, particularly the latter, since the stores have gone downhill because of the consolidation, said Cramer. While Kohl's is okay, its merchandise did not fit the weather. However, Costco is "a more exciting, treasure-hunt place to shop," Cramer said. "I think you're seeing a tiering here and the tiering has to do with execution, performance and fun to shop, not the consumer."
Published by SeekingAlpha

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Tuesday, October 09, 2007

Hot Dividend Stocks

Company
Market Cap (billions)
Yield

General Electric (NYSE: GE)
$424
2.7%
AT&T (NYSE: T)
$258
3.4%
Citigroup (NYSE: C)
$232
4.6%
Bank of America (NYSE: BAC)
$223
5.0%
Vodafone (NYSE: VOD)
$193
3.9%
Pfizer (NYSE: PFE)
$169
4.8%
Home Depot (NYSE: HD)
$55
2.8%

Source: Fool.com

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Hot Dividend Stocks

Company
Market Cap (billions)
Yield
General Electric (NYSE: GE)
$424
2.7%
AT&T (NYSE: T)
$258
3.4%
Citigroup (NYSE: C)
$232
4.6%
Bank of America (NYSE: BAC)
$223
5.0%
Vodafone (NYSE: VOD)
$193
3.9%
Pfizer (NYSE: PFE)
$169
4.8%
Home Depot (NYSE: HD)
$55
2.8%

Source: Fool.com

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Wednesday, September 19, 2007

Fast Money Recap Sept. 18th

The Fed's 50 point cut on Tuesday sparked the stock market, and CNBC's "Fast Money" discussed why the bulls are running, and what it means for financial stocks:Najarian: Tuesday's actions all about the financials. Financial Select Sector SPDR, ton of volume in call options.Macke: Can't be short financials now.Adami: continues to like financials; Lehman Brothers(LEH), Goldman Sachs (GS) and Morgan Stanley (MS)All Clear on Wall Street? CNBC's Charlie Gasparino discussed whether brokers are a buy now. Gasparino feels confident about most of the brokers except Bear Stearns (BSC)--lease diversed and tied to credit markets.OIL: Crude oil hit another record touching $81.51 and gold traded to $735, its highest level in 27 years. Author Dennis Gartman: Shocked by feds decision. Thinks stock market will continue to climb.Housing Market: Adami: housing stocks are back for a trade. He likes Hovanian, (HOV), Toll Brothers (TOL) and Pulte Homes (PHM)Finerman: Still likes Home Depot(HD), which she owns for its cheap valuation.Word on the Street: Cummings (CMI) and Caterpillar (CAT) exploded higher on the Fed cut. Najarian: Thinks CAT has much more upside to come.Global: China and Brazil's markets soared on the rate cuts. Tim Seymour, Principal at Red Star Asset Management, joined the crew to discuss the emerging markets. Seymour likes gold and Brazil ETF (EWZ)Face 2 Face:Viewer writes: "What happened to the recommendation to get out of gold if the Fed dropped its rates?" Adami reiterated his bearish stance on gold.Viewer writes: "Should I sell my October $195 call options on Goldman Sachs (GS) now or is there still more upside?" Najarian- feels strong about GS, but you should take half the position off before earnings.Viewer writes: "What is your outlook for Tiffany's (TIF) as the holiday season approaches?" Macke is positive about Tiffany's and Blue Nile (NILE)Pops & Drops:Pops: Macke-Caterpillar (CAT), Finerman-Target (TGT), Adami-Alcoa (AA)-could be bought out by Najarian's pick-Billiton (BHP), and Finerman-Wendy's (WEN)Drops: Najarian-E*Trade (ETFC), Macke-Hovnanian(DOG), Adami-Boeing(BA)Final Trade:Macke- Macy's (M)Finerman- Altria (MO)Adami- Nucor (NUE)Najarian- Companhia Vale do Rio Doce (RIO)

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Monday, August 27, 2007

Stocks to Watch Today

Stocks to watch for Monday, August 27, 2007:
Citigroup (C) pulled together its emerging-markets credit group and its global credit-trading business. The combined group will be headed by Carey Lathrop, a nearly 20-year veteran of the bank who led the emerging-markets business.
Crocs (CROX), in an attempt to diversify its product line, will introduce a line of apparel for men and children. The apparel line, which Crocs intends to unveil today, will feature regular fibers, such as cotton, interwoven with a lightweight derivative of the pliable, plastic resin used to make Crocs' shoes. It will make its debut in stores in October.
Home Depot (HD) agreed to cut the price in its supply division sale to buyout firms by $1.8 billion, sources said on Sunday, as a housing market drop and a credit crunch forced all sides to renegotiate.
Marsh & McLennan (MMC) said it has agreed to buy back $800 million worth of its outstanding shares in an accelerated share repurchase transaction. The company said it will fund the transaction with proceeds from the recent sale of Putnam Investments and that it will conduct the purchase under the $1.5-billion share buyback authorization announced on Aug. 7.
Rambus (RMBS) said the special litigation committee established by the board has finished its review of stock options practices and submitted a final report to court. The special litigation committee was composed of two independent directors, J. Thomas Bentley and Abraham Sofaer, and it conducted its review with the assistance of independent counsel, the company said.
United States Steel (X) said it will buy Canadian steelmaker Stelco for $1.1 billion in a cash deal, including X paying $36.59 per share of Stelco.
Wal-Mart (WMT) is considering acquisitions in its home market as it seeks to open smaller stores and limit its reliance on giant supercenters for growth, the Financial Times reported.
Published by Minyanville.com

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Thursday, May 24, 2007

Jim Cramer's Mad Money Stock Recap May 23

Six More Dow Stocks: 3M (NYSE: MMM - News), General Motors (NYSE: GM - News), Hewlett-Packard (NYSE: HPQ - News), Home Depot (NYSE: HD - News), Honeywell (NYSE: HON - News), Intel (NasdaqGS: INTC)
Cramer continued his coverage of 30 Dow stocks with MMM, which is up 11%, although Cramer thinks its buyback and dividend increase are already priced in the stock, and he doesn't see sufficient upside to justify buying. Cramer has not been bullish on GM since the resignation of Jerry York from the board, but recommends GM's bond which has a nice percentage return. HPQ is "about to take off" and although it reported a "really great" quarter, it hasn't gone up yet. Cramer says HPQ is the only tech stock worth owning for the duration of the summer. Admitting he was wrong in his prediction of an interest rate cut from the Fed, Cramer says there is not a strong incentive to own HD, and would buy Sears instead. Honeywell is four points ahead of target, and while Cramer thinks it could go to $63, the stock would be too pricey. Intel's preformance has been disappointing, its price war with Advanced Micro Devices has been "bitter," and it shouldn't rise much higher than $24, Cramer said.
In the Beginning: Genesis Lease (NYSE: GLS - News)
After listening to AIG's earnings call, Cramer became aware of the "hot" business of leasing airplanes. The demand for aircraft currently outstrips supply, and Boeing can't produce planes quickly enough. GLS is a pure play on aircraft finance and is a way to benefit from the health of the industry "while keeping airlines at arm's length." The company is strong internationally, has a great cash flow and a solid dividend.
CEO Interview: Dan Batrack, Tetra Tech (NasdaqGS: TTEK)
Dan Batrack says the water resource management and infrastructure company has a strong pipeline and is at an all-time high. Backlog has surpassed revenue for five straight quarters, and the company is also involved in wind and nuclear energy, areas where demand exceeds supply. Cramer says he likes TTEK and notes its government contracts.
Published by SeekingAlpha

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Wednesday, May 23, 2007

Midday Leaders and Laggards (DJIA)

Alcoa Inc. shares hit a five-year high Wednesday, rising to the biggest midday gain on the Dow Jones industrial average after rival Alcan Inc. said its shareholders should turn down Alcoa's takeover offer.
The index added 48.68, to 13,588.63, with 22 of the 30 stocks in the green.
A Prudential analyst said Alcan may turn the tables and buy Alcoa. Alcan shares were also up, indicating investors think Alcoa will raise its bid or another company will make an offer for Alcan. Alcoa shares rose $1.8, or 4.6 percent, to $40.75, and peaked at $40.80.
Caterpillar Inc. stock also reached an annual high, continuing its gains for the week. Shares of the heavy machinery maker rose $1.54, or 2.1 percent, to $77.06. The stock climbed as high as $77.25.
Shares of home improvement retailer The Home Depot Inc. added 45 cents to $38.98, erasing Tuesday's loss.
On the losing side, Honeywell International Inc. shares fell 75 cents to $56.22. The stock neared a seven-year high Friday, and on Tuesday, Honeywell agreed to buy Dimensions International, a defense logistics company, for $230 million.
International Business Machines Corp. stock gave up 63 cents, to $106.07. Shares have been declining since Friday, when the stock reached a five-year peak after IBM said it could double its earnings by 2010 after cutting costs and buying back shares.
Shares of aerospace company Boeing Co. were down 67 cents to $95.80. Boeing reiterated its 2007 and 2008 forecasts at an investors' conference Wednesday, but investors may be disappointed that the company did not raise those outlooks.

Published by AP

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Wednesday, May 16, 2007

Jim Cramer's Wall Street Confidential May 15

J.C. Penney (NYSE: JCP - News), Kohl's (NYSE: KSS - News), Wal-Mart (NYSE: WMT - News), Target (NYSE: TGT - News), Home Depot (NYSE: HD - News)
Cramer thinks retail stocks will improve with the weather and should rise in the summer. April was stormy for consumer spending, gas prices, and housing, and it was also, well, stormy; "I wish that retail was more immune to the weather, but it isn't," Cramer said, noting when the weather improved the last 1o days of April, so did the stocks. Cramer would buy JCP, KSS, and reversing preferences, he says he now likes WMT better than TGT. He was worried that a bad report and a negative forecast from HD would bring down the rest of the sector, but he did not expect the macro number and the healthy consumer price index to give the market momentum. Since the number indicated inflation is not a major problem, Cramer declares a Fed rate cut is "back on the table."
Published by SeekingAlpha

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Jim Cramer's Wall Street Confidential

J.C. Penney (NYSE: JCP - News), Kohl's (NYSE: KSS - News), Wal-Mart (NYSE: WMT - News), Target (NYSE: TGT - News), Home Depot (NYSE: HD - News)
Cramer thinks retail stocks will improve with the weather and should rise in the summer. April was stormy for consumer spending, gas prices, and housing, and it was also, well, stormy; "I wish that retail was more immune to the weather, but it isn't," Cramer said, noting when the weather improved the last 1o days of April, so did the stocks. Cramer would buy JCP, KSS, and reversing preferences, he says he now likes WMT better than TGT. He was worried that a bad report and a negative forecast from HD would bring down the rest of the sector, but he did not expect the macro number and the healthy consumer price index to give the market momentum. Since the number indicated inflation is not a major problem, Cramer declares a Fed rate cut is "back on the table."

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Monday, May 14, 2007

Jim Cramer's Mad Money Review May 11th

Time Heals all Wounds: Kinetic Concepts (NYSE: KCI - News) and Smith & Nephew (NYSE: SNN - News)
Although Cramer usually prefers medical stocks which are a "pastiche," he likes KCI as a speculative stock even though it is levered only to wound-care and therapeutic service products. He is not concerned about the "nasty beating" KCI has taken, since the bulls and bears tend to fight it out over companies like KCI, and Cramer thinks the bulls will win. Another concern is KCI has reached 90% saturation in wound care and now has to compete for market share with SNN which recently acquired Blue Sky Medical. Cramer believes KCI has many competitive advantages, its 3% drop was "overdone," and only 10% of its revenue comes from bandages. He is confident KCI will bounce back.
On the Mend: Micrus Endovascular (NasdaqGM: MEND), Boston Scientific (NYSE: BSX - News) and Johnson & Johnson (NYSE: JNJ - News)
While those holding the stock may be in the "House of Pain" after MEND failed to get approval in China for its cerebral aneurysm treatment, Cramer thinks its $2 fall is a good opportunity to buy. He believes approval has been postponed and not cancelled, and would sell into strength once the treatment is approved. Cramer is not worried about large competitors BSX and JNJ. He also notes MEND could be a takeover target; "It either makes you money or it will get bought out." Cramer would buy the stock in increments andwould use limit orders.
Game Plan for the Coming Week: Thermo Fisher Scientific (NYSE: TMO - News), J.C. Penney (NYSE: JCP - News), Kohl's (NYSE: KSS - News), Home Depot (NYSE: HD - News), TJX Companies (NYSE: TJX - News), Jack in the Box (NYSE: JBX - News), Deere (NYSE: DE - News)
Cramer would look into buying scientific-instruments producer TMO before its analyst meeting on Tuesday. He also likes retailers JCP, KSS which report Thursday, and he thinks the downside has been priced into the stocks. Cramer is currently bullish on retail, and would buy half a position in HD before its Tuesday report, since he believes its management is developing "retail-savvy." Tuesday is also the day Cramer believes investors will see a "terrific" report from TJX and a "gigantic beat" from JBX, and he would buy ahead. However, Cramer would wait until after DE's report on Wednesday before buying, because the stock has increased, and he would wait for a selloff and a price drop.
CEO Interview: Mark Shapiro, Six Flags (NYSE: SIX - News)
Mark Shapiro is looking forward to an "extremely good summer season" given the number of group sales and season passes SIX has already sold. Meanwhile, the company has been investing in more aggressive marketing, employee training and recruiting. Although the weather is an unknown variable, Shapiro's aim is to "increase value proposition for our guests." Cramer remarks Shapiro is "good to go" and is sticking with Six Flags.
Published By SeekingAlpha

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Monday, April 23, 2007

Jim Cramer's Mad Money Lightning Round April 20

Bullish calls:
Clean Harbors (NasdaqGS: CLHB): 'It's only a matter of time before we refocus again on clean water. I want you to hold on to ... but it won't be an immediate turn.'PG&E (NYSE: PCG - News): 'Utilities have done quite well.'Exelon (NYSE: EXC - News)Dynegy (NYSE: DYN - News)McDonald's (NYSE: MCD - News): ' Reported a monster good quarter. They guided things up ... even after this incredible run ... if this stock went to 60 bucks, it would not be expensive ... a quintessential stock to buy and put away. If I change my mind, you will know it.'Fastenal (NasdaqGS: FAST): 'Fastenal good, Sears great.'Sears Holdings (NasdaqGS: SHLD): 'Fastenal good, Sears great.'Home Depot (NYSE: HD - News)Lowe's (NYSE: LOW - News)AES (NYSE: AES - News): 'Have reinvented themselves. At 22 bucks, I still find it very cheap. I want to buy more.'Windstream (NYSE: WIN - News): 'Interesting conservative name ... 6% yield. I like that stock.'GigaMedia (NasdaqGM: GIGM): ' ... grows at 40%, has only a 20% multiple. I'll back it.'Boeing (NYSE: BA - News)Costco (NasdaqGS: COST)Paccar (NasdaqGS: PCAR): 'I love Paccar.'Cummins (NYSE: CMI - News): 'You know I like Cummins .'Tata Motors (NYSE: TTM - News): 'Let's buy it, let's buy it, aggressively.'Qualcomm (NasdaqGS: QCOM): 'Only semiconductor company that I am currently recommending on Mad Money.'
Bearish calls:
Starbucks (NasdaqGS: SBUX)

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Wednesday, March 21, 2007

Hot Options to Watch Today

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.
Allegheny Technologies Apr 120 Calls (NYSE:ATI - News). ATI's PowerRating is 5.
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.
Whole Foods Market Inc. Apr 45 Puts (NasdaqGS:WFMI - News). WFMI'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.
Intuitive Surgical Apr 115 Calls (NasdaqGS:ISRG - News). ISRG's PowerRating is 4.
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.
iShares MSCI Emerging Markets Index May 105 Puts (AMEX:EEM - News). EEM'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.
None today.
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.
None today.
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.
Advanced Micro Devices (NYSE:AMD - News). AMD's PowerRating is 6. Hovnanian Enterprises Inc. (NYSE:HOV - News). HOV's PowerRating is 5. Home Depot (NYSE:HD - News). HD's PowerRating is 5.
PowerRatings are courtesy of TradingMarkets.com

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Monday, February 26, 2007

Hot Stocks to Watch for Today

Bullish
Gaps Down 5% or More: These are stocks that gap down by 5% or more and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that gap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
GFI Group (NasdaqGS:GFIG - News). GFIG's PowerRating is 7.
Laps Down 5% or More: These are stocks that lap down by 5% or more and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that lap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
A.C. Moore Arts & Crafts (NasdaqGS:ACMR - News). ACMR's PowerRating is 6.
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.
General Motors (NYSE:GM - News). GM'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.
Merrill Lynch (NYSE:MER - News). MER's PowerRating is 6.
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.
Home Depot (NYSE:HD - News). HD's PowerRating is 6..
Stocks Down 10% or More: These are stocks that have lost 10% or more over the past five days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that have lost 10% or more over the past five 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.
Westlake Chemical (NYSE:WLK - News). WLK's PowerRating is 8.
Bearish
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.
Peabody Energy (NYSE:BTU - News). BTU's PowerRating is 3.
PowerRatings are courtesy of PowerRatings.net

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Tuesday, February 20, 2007

Wall Street's Big Movers

Stocks that were moving substantially or trading heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Wal-Mart Stores Inc., up $1.49 at $49.96
The world's biggest retailer reported fourth-quarter profit growth of 9.8 percent, which beat analyst estimates.
Home Depot Inc., down 18 cents at $41.26
The world's largest home improvement store chain reported a 28 percent drop in fourth-quarter profit and a modest 4 percent gain in overall sales, but sales fell at stores open at least a year.
Vulcan Materials Co., down 72 cents at $111.09; Florida Rock Industries Inc., up $19.61 at $66.57
Vulcan said it is acquiring Florida Rock, a construction aggregate maker, for $4.6 billion.
NASDAQ
XM Satellite Radio Holdings Inc., up $1.52 at $15.50; Sirius Satellite Radio Inc., up 28 cents at $3.98
The two satellite radio companies announced a proposed merger of equals on Monday, a move that would help them cut costs.
JetBlue Airways Corp., down 65 cents at $12.91
The discount airline canceled hundreds of flights and stranded some passengers for up to 10 1/2 hours last week due to snow and extreme temperatures.
New River Pharmaceuticals Inc., up $4.91 at $63.26; Shire PLC, up $3.14 at $66.42
British pharmaceutical company Shire is buying the U.S. drug maker for about $2.6 billion.
Published by AP

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Dow Jones and Nasdaq Rise in Late Morning Trading

Wall Street turned higher Tuesday as investors contended with conflicting data: declining sales at Home Depot Inc. last quarter and a Federal Reserve governor's encouraging assessment of the housing market.
The world's largest home improvement retailer reported that sales at its stores open more than a year dropped in the fourth quarter, indicating that consumers' appetite for home improvement goods is still dwindling due to the sluggish housing market.
Also adding to worries that Americans aren't buying as much as investors previously thought, Wal-Mart Stores Inc.'s revenue came in below the average analyst forecast.
"We're always fascinated with the consumer, so we're taking their temperature constantly. That has been the driving force behind the economy," said Kim Caughey, equity research analyst at Fort Pitt Capital Group in Pittsburgh.
But comments from outgoing Fed Governor Susan Bies, who said the country may be seeing a bottom in slumping demand for housing, lifted stocks. Worries that the downturn in housing will drag down the rest of the economy have plagued stocks even as they've climbed to new highs in recent sessions.
There was some initial excitement in the market over the deal between XM Satellite Radio Holdings Inc. and Sirius Satellite Radio Inc. But investors grew wary as they looked more closely at the details of the deal -- whether the satellite radio merger is giving XM shareholder's stock a high enough premium, and whether the deal will actually happen, given the regulatory obstacles the companies must overcome.
In late morning trading, the Dow was up 6.57, or 0.05 percent, at 12,774.14, recovering from an earlier loss. Despite its choppy start, the Dow reached a new trading high of 12,780.15 after rising more than 200 points over the past four trading sessions. Markets were closed Monday for Presidents Day.
Broader stock indicators also turned higher. The Standard & Poor's 500 index was up 2.27, or 0.16 percent, at 1,457.81, and the Nasdaq composite index was up 9.09, or 0.36 percent, at 2,505.40.
Published by AP

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