Jim Cramer's Mad Money Review

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

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)
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Labels: ADP, BAM, CAB, COST, Dell, DIS, FNM, FSLR, HD, HPQ, JCG, JCI, Jim Cramer, LDK, Lightning Round, LOW, Mad Money, SPWR, TSFG, WOS

The Dow closed down 218 points and the Nasdaq fell 43 points on Monday. Finerman sees storm clouds are everywhere and the Goldman downgrade of Citigroup (C) really hurt the markets. Najarian had a fun day trading. He also thinks the financial sector is in big trouble and he is extremely worried about General Motors (GM) which fell below $27.
Louise Yamada, a highly ranked technician on Wall Street, joined the show to discuss her analysis on the technicals of the market. She is currently worried that the S&P 500 could break 1406, which would signal to her an end of the longer-term uptrend. Yamada is still bullish on Cisco Systems (CSCO) and she would look to buy pullbacks on the name. She looked at the chart on Broadcom (BRCM) calling it a sell because it hasn't followed through after a false break-out. The chart on Coca-Cola (KO) is initiating an uptrend according to Yamada, so she would be a buyer of KO. Bed Bath and Beyond (BBBY) should be sold.
Retail
Nordstrom (JWN) reported a 22% rise in third-quarter profits helped by an extra week of sales.
Sears Holdings (SHLD) disclosed it has taken a 13.7% stake in Restoration Hardware (RSTO) and the possibility of proposing an acquisition.
Target (TGT) is set to report earnings Tuesday before the opening bell.
Hewlett-Packard (HPQ) clocked a 28% jump in profits off of strong notebook sales.
Medtronic (MDT) reported a 2% decline in profits, but the stock trades 3% higher after hours.
Lowe's (LOW) dropped 7% after reporting a 10% decline in profits due to the weak housing market.
Celgene (CELG) bought Pharmion (PHRM) for $2.9 billion. Adami thinks that Phizer must make a similar acquisition.
EchoStar (DISH) shares exploded higher Monday after Citigroup said there was a 65% chance that AT&T (T) will buy DISH.
Ultimate Fighting is now the fasting growing spectator sport in the United States. Macke says look for growth in cable companies and satellite companies like Viacom (VIA) and EchoStar. He also thinks makers of energy drinks like Coca-Cola will benefit. He said avoid the World Wrestling Entertainment (WWE) because the UFC is taking share. Lastly, Macke speculated that Anheuser-Busch (BUD) could be near a beverage deal with the UFC.
Pops & Drops
Pops - Xerox (XRX) traded up 2%.
Intercontinental Exchange traded up 3%
VeriSign (VRSN) traded up 2%.
Drops - E*TRADE (ETFC) fell 13% even with speculation of a takeover by Ameritrade (AMTD)
Wynn Resorts (WYNN) fell 7%
Genesco (GCO) plunged 24%.
Disney (DIS) fell 4%
General Motors (GM) fell 8% after the automaker announced plans for year-end discounts to clear out inventory.
Dillard's (DDS) fell 5%.
Tween Brands (TWB) fell 13%
Final Trade
Macke would purchase Dicks Sporting Goods (DKS) and Target on any selloff Tuesday
Najarian advises buying EchoStar (DISH) on a pullback under $44.
Finerman is long Goldman Sachs Group (GS) and short Lehman Brothers Holdings (LEH).
Adami recommends Vodafone Group (VOD) for a play on China.

Labels: BBBY, BRCM, CELG, Citigroup Inc., CNBC, CNBC's Fast Money, CSCO, DISH, Dow Jones, Fast Money Recap, GM, HPQ, JWN, KO, LOW, MDT, Nasdaq, PHRM, SHLD, TGT

Erin Burnett began Friday's show talking with Paul Hickey about market correction. He said it is beginning to show signs of improvement. Earnings season is winding down, and the performance is usually around 3%. Market returns usually about 5x greater than in the off season. He talked about Cisco being an international company and they are doing pretty well.
Be Like Buffet: Erin then talked with Gerald Martin about Warren Buffet and his trading techniques. They did a study with Berkshire, which ended up beating the S&P averages. Buffet's Berkshire outperformed the market 28 of the last 31 years. Over 75% of Buffet's portfolio earnings are within 5 stocks. Erin recommended buffetwatch.cnbc.com as a reference point.
Erin came back discussing China's booming market, especially in the chemical sector. Frank Mitsch said that he does not believe China will be self-sufficient in chemicals any time soon. He believes less than 5% of demand in China is a result of the Olympics. Arch Chemicals will show large growth.
William Chiles: Bristow Group CEO was on the show. Bristow operates more than 500 helicopters that transport crews to oil rigs to 22 countries all over the world. He recently ordered 7 new Sikorsky helicopters for $100M. Their fastest growing areas are Southeast Asia and West Africa. Looking at the arctic, east Africa, and South America. Crude oil was at $94.85.
The Bond Report: Santelli discussed credit markets and their current rates. They have had the lowest yield closes in 32 months. Demand for treasuries is distorting the drop in rates.
Abu Dhabi announced an 8% stake in AMD, worth more than half a billion dollars. Should the US be worried? Alan Tonelson thinks it's a problem, because we don't have a good fix about international politics of Persian golf countries. Risk of AMD chips ending up in hands of rogue scientists. Todd Malan disagrees and thinks it's the same as buying stock in the open market. Some of these chips are involved in weapon design so burden of proof becomes an issue. US is exporting healthcare to Abu Dhabi. Dr. Cosgrove talked about Cleveland Clinic being involved in the first US hospital to go up in Abu Dhabi. It is a 15 year project attempting to keep people in UAE for healthcare. The doctors are only on one-year contracts with no tenure. It is a contract which does not put CC at risk. He said that healthcare is one of our top exports.
Stop Trading with Jim Cramer: Cramer discussed his retail trades. He said distinguish between companies with inventory and discounted inventory. JCPennys configured wrong. Cramer said Kohl's is a premium retailer that has done well. He said it will go to $60. Avon is at a 52-week high. Cramer said it is going up $3. Hewlett-Packard (HPQ) is a strong, very cheap stock. He said its upgrade is right on. His middle-east plays were Halliburton (HAL), which is one of his stocks of the year.
The Real "Friday Night Lights." Talked about high school football in Texas and the NBC TV drama. They discussed the huge demand for the season tickets and the price people are willing to pay for them. The "Dragons" have lost only 2 games in 6 years and draw in crowds of more than 11,000. Their playoff game will be played at the Dallas Cowboys stadium.
Erin finished the show talking about the booming middle-eastern market. She said 80% of the fortune 500 companies have involvement in Dubai.

Labels: AMD, Bristow Group, CNBC, CNBC's Stop Trading, Erin Burnett, HPQ, Jim Cramer, Santelli, Street Signs, street signs recap, Warren Buffet

The Dow finished 66 points into positive territory and the Nasdaq closed up 18 points. The technology sector and retail industry is getting a lot of attention as the holiday season is fast approaching. Technology stocks rebounded Friday after the worst week for the Nasdaq since April 2002. Najarian said this week was not that bad for technology. He highlighted Apple (AAPL), which started the week at $165 and finished the week at $165. Cisco Systems and Oracle (ORCL) both enjoyed a great week as well. Najarian suggested that as soon as Research in Motion (RIMM) hits China the stock will make a huge move.Jim Goldman joined the show crew to discuss his take on Google entering the wireless space. Goldman says Google (GOOG) is going to make a play for the 700mhz spectrum being auctioned off by the FCC in January. Goldman speculates that this network could be worth $4.5 billion.Henry Blodget caused speculation on Friday after posting on his blog that Microsoft (MSFT) should buy Yahoo! (YHOO) to gain market share in internet search. Finerman doesn't think the idea is outrageous. Macke also feels that Microsoft has plenty of cash to make the deal.Hewlett-Packard (HPQ) and GameStop (GME) will report earnings next week. Adami loves Hewlett-Packard, but he is worried that expectations might be too high. The rest of the crew more or less agreed.Najarian says look at the strong stock performance in companies that sell merchandise at Dick's Sporting Goods (DKS) like Under Armour (UA), Crocs (CROX), Nike (NKE) and Calloway (ELY). Macke agrees and said he would buy Dick's right now. Wal-Mart (WMT) shines among a weak retail sector after posting a solid quarterly report.FedEx's (FDX) lowered full-year outlook may be predicting an economic slowdown. Macke says FedEx is a legitimate economic indicator especially for the health of the consumer.Consumer staples like Coca-Cola (KO), Altria (MO), Colgate (CL) and Procter & Gamble (PG) continue to show strength in a weak market. Adami favors Unilever (UL) at its 52-week high and is cheaper then Procter on valuation. Najarian likes Johnson & Johnson (JNJ) which Warren Buffett owns and Merck (MRK).Crude oil closed at $95 as traders make another attempt at $100. Adami thinks crude is toppy, but Tesoro (TSO) is worth looking at in the mid-$50's. Najarian would prefer a solar stock play.
Pops & Drops
Pops - Cisco (CSCO) traded up 5% this week after announcing a $10 billion stock buyback. Advanced Micro Devices (AMD) traded up 2% after the Abu Dhabi government took an 8.1% stake worth $622 million. Lehman Brothers Holdings (LEH) traded up 7%. Delta Airlines (DAL) traded up 21% after speculation that a merger with United Airlines (UAUA) could occur. Corning (GLW) traded up 10% after raising their profit forecast for the fourth-quarter. Garmin (GRMN) traded up 14%Sotheby's (BID) traded up 16% after selling $316 million in contemporary art on Wednesday. Crocs (CROX) traded up 10%
Final Trade
Macke feels positive about Dick's Sporting Goods (DKS).
Adami recommends Lazard (LAZ) for an M&A play.
Finerman would short Hovnanian Enterprises (HOV) because of its high debt levels.
Najarian favors DaVita (DVA)

Labels: AAPL, CNBC, CNBC's Fast Money, DKS, Fast Money Recap, GME, GOOG, HPQ, MSFT, ORCL, RIMM, YHOO

Cramer began Wednesday's show talking about Wal-Mart's (WMT) good quarter and investment ideas from its conference call. Cramer remarked how well GameStop will do during the holidays and how other consumer electronics will continue to be strong. Cramer disagrees on digital cameras because they're made in China making them hard to buy right now. He does not like Garmin (GRMN) either. In computers, Cramer supports Hewlett-Packard (HPQ), which Wal-Mart is not a big carrier of. They do sell Dell but Cramer prefers HP. He mentioned Activision as a possible investment for video games, but prefers GameStop.
TV's: Cramer considered Corning (GLW), who are involved in liquid crystal display televisions. It is not trading as high as it should be, but has a raised outlook in pricing. It has bendable fiber not priced in the stock and is heading much higher.
Am I Diversified?The first caller had Sirius Satellite Radio (SIRI), Ford (F), AT&T (T), McDonald's (MCD) and Human Genome Sciences (HGSI). Cramer called HGSI too speculative and said he'd rather see the caller in a stock like Celgene (CELG) instead.Another caller held Daimler (DAI), Coca-Cola (KO), Google (GOOG), Celgene and CVRD (RIO). Cramer blessed the portfolio.The final caller asked if he was diversified with Apple (AAPL), Occidental Petroleum (OXY), MetLife (MET), Cisco (CSCO) and Yum! Brands (YUM). Cramer suggested the caller swap out of MetLife and into Prudential (PRU).
Tetra Tech (TTEK) CEO Dan Batrack joined Cramer on the show, where he said his company beat fourth-quarter expectations due to increased margins. He said they had a great performance on earnings.

Labels: CELG, GLW, GRMN, HGSI, HPQ, Jim Cramer, Mad Money, Mad MOney Recap, MCD, SIRI, WMT

Technology
Najarian noted that Hewlett- Packard (HPQ) hit a 52-week high Monday and Research In Motion (RIMM), IBM (IBM) and VMware (VMW) all traded higher. Stacey Gilbert of Susquehanna Financial Group prefers Google (GOOG) whose call options are very active on the name. Najarian agreed and mentioned the Google December $750 calls were active on Monday. Other option notes: Najarian noticed some very unusual options activity in TJX Companies (TJX) on Monday, seeing 10,000 October $30 calls trade and also stepped-up activity in the November $30 calls. Macke predicts a big winner with TJX.
Keith O'Malley, a trader with Hold Brothers, came on the show to discuss his trading ideas. He declares that the Fed is done cutting interest rates. He likes Cisco Systems (CSCO) and Fluor Corp (FLR).
CEO's
Gasparino joined the show again to discuss his thoughts on CEOs who could lose their jobs. Gasparino gave out odds for how likely Chuck Prince, Jimmy Cayne and Stan O'Neal will lose their jobs. Prince is CEO of Citigroup (C), Cayne runs Bear Stearns (BSC) and O'Neal heads up Merrill Lynch (MER). He gave Prince 2-1 odds, Cayne 6-1 and O'Neal 10-1. Gasparino also said that John Thain, CEO of NYSE Euronext (NYX), is a candidate for CEO of Citigroup. CEO of Sprint Nextel (S) Gary Forsee has left the telecommunications firm. Sprint is a takeover stock with Chinese companies being possible buyers.
Word on the Street
Yum! Brands (YUM) traded higher Monday. Macke: 41% of sales came from China and recommends investors to buy the stock here.
Aeropostale (ARO) traded lower. You can sell retailers ahead of the numbers, according to Macke.
CTC Media (CTCM), Central European Media (CETV) and Cemex (CX). Seymour found these value names in the emerging markets. Seymour is committed and long CX.
Alcoa (AA): scheduled to report earnings Tuesday after the bell. Gilbert sees better plays in the titanium makers like RTI International (RTI) and Titanium Metals (TIE). Gilbert owns TIE.
China
The Shanghai Index has gone up a whopping 300% in the past 5 years. The Communist party will try to control the rise in food prices and make comments on the income gap between the wealthy and poor in the region. Seymour suggests buying dips in the iShares FTSE/Xinhua China 25 Index (FXI) on any negative headlines.
Pops & Drops
Pops- Research In Motion (RIMM) traded up 4%. Has more room to go higher.
Valero (VLO) traded up 4% after Citigroup upgraded the stock. Seymour: A sell into the upgrade.
AK Steel (AKS) popped 11% after settling a lawsuit.
Apple (AAPL) traded up 4%. Macke: buy some stock of the iPhone maker.
China Digital TV (STV) exploded higher by 41%.

Drops- Ryder Systems (R) fell 7% after missing profit estimates.
Freeport McMoRan (FCX) dropped 2% as copper prices fell on Monday.
LDK Solar (LDK) plummeted 26% after Barron’s ran a negative story on the Chinese solar play.
Final Trade
Macke: recommends McDonald's (MCD)
Gilbert: feels positive about Titanium Metals (TIE).
Seymour: sell Banco Itau (ITU).
Najarian: likes ValueClick (VCLK).

Labels: CNBC, CSCO, Fast Money, Fast Money Recap, FLR, GOOG, HPQ, IBM, RIMM, TJX, VMW

Google Inc.'s stock price sailed past $600 for the first time Monday, extending a monthlong rally propelled by the lofty expectations surrounding the Internet search leader's upcoming third-quarter earnings report.
The Mountain View-based company's shares traded as high as $601.45 before slipping back to $600.33 in early afternoon trading, a gain of $6.28. It marked the sixth time in the past 12 trading sessions that the stock has reached a new peak, indicating investors are confident Google's third-quarter profit will be impressive. The results are scheduled to be released Oct. 18.
The latest milestone served as yet another reminder of the immense wealth created since Google went public in August 2004.
The shares have increased more than sevenfold from their initial public offering price of $85, bringing the 9-year-old company's market value to $187 billion -- more than bigger, more mature businesses like Wal-Mart Stores Inc., Coca-Cola Co., Hewlett-Packard Co. and IBM Corp.
It took 10 1/2 months for Google's stock to leap from $500 to $600 and more than a year for the journey from $400 to $500. The shares hurdled $300 in June 2005 after passing the $100 and $200 thresholds in 2004.
Analysts began predicting Google's stock would reach $600 at the start of 2006 when the shares were still hovering around $420. Some analysts already are predicting Google's stock will hit $700 within the next year, but the average target price for the stock is $614.64 among analysts polled by Thomson Financial.
Source: AP

Labels: GOOG, Hot Stocks, HPQ, IBM, KO, MSFT, WMT, YHOO

Bullish:
VMware (VMW)- Cramer thinks you should take half off the table
KB Home (KBH)- Cramer would rather own the senior debt than the common shares.
Hewlett-Packard (HPQ)
Xoma (XOMA)- Buy at $3 and sell it at $5.
Texas Instruments (TXN)- thinks it goes to $40.
Apple (AAPL)- Buy instead of microsoft
Nastech Pharmaceutical (NSTK).

Bearish:
Microsoft (MSFT)- it can't gather momentum no matter what it does
Dell (DELL)- Hewlett-Packard is better
Occidental Petroleum (OXY)- take some of your profits out of the stock.
Isis Pharmaceuticals (ISIS).

Labels: AAPL, HPQ, Jim Cramer, KBH, Lightning Round, Mad Money Lightning Round, NSTK, TXN, VMW, XOMA

Procter & Gamble (PG): Procter & Gamble is cheap to the mid-$70s. Stay in it.
Dominion (D): Cramer gives it the triple buy!
Omniture (OMTR): "Stock is going to $35. Do not sell."
Boeing (BA): Sotck goes to $120. Boeing "all aboard."
Ceragon Networks (CRNT): "Just go buy Cisco (CSCO)"
Intuitive Surgical (ISRG): Wait until you have $10,000 or more. Cramer endorses the stock.
Archer Daniels Midland (ADM): Buy Deere (DE), Monsanto (MON), and Bunge (BG) instead. "52 week high."
Seagate (STX): Cramer doesn't like the disk drive stocks, and thinks you should go with Intel (INTC) or Hewlett-Packard (HPQ).
Chevron (CVX): Cramer thinks you have to own the stock unless you own ExxonMobil (XOM) or ConocoPhillips (COP).

Labels: ADM, BG, COP, CRNT, CSCO, CVX, D, DE, HPQ, INTC, ISRG, Jim Cramer, Lightning Round, Mad Money, MON, OMTR, PG, STX, XOM

Bullish calls:
Nova Chemicals (NYSE: NCX - News): 'I believe that the chemical companies are radically undervalued, particularly because there are still a lot of Europeans that still want to buy them because of strong currency... I am saying yes to NCX.'Research In Motion (NasdaqGS: RIMM - News): ' ..the highest-growth companies with best balance sheets... I am not backing away from a stock like RIMM.'EMC (NYSE: EMC - News): ' ... was down horribly today, even though the VMWare, but it was a bad day. I would buy EMC.'Hewlett-Packard (NYSE: HPQ - News)Intel (NasdaqGS: INTC - News) Cisco Systems (NasdaqGS: CSCO - News)Avnet (NYSE: AVT - News): 'I've been recommending Avnet Inc. which, weirdly, was at a 52-week high yesterday. I would swap out of IM and buy AVT. Can we wait for AVT to pull back? It just hit a high, but I like it.'
Bearish calls:
Xerox (NYSE: XRX - News): 'I feel that this is a stock that is just going to be nibbling... Don't buy, don't buy.... I am not going to recommend it.'ViroPharma (NasdaqGS: VPHM - News): 'I just recommended it. It went down and, ever since then, I have hated it. I just feel like it's not what you want to do. Sell, sell, sell!'Brocade Communications (NasdaqGS: BRCD - News): 'Huge insider buying. I thought it went down because of Greg Reyes... I know that he was just convicted....don't buy, don't buy.'Ingram Micro (NYSE: IM - News): 'It's down a lot. If I want to buy a distributor, I want something that has a little more value added.'Dun & Bradstreet (NYSE: DNB - News): 'I've always liked that company ... It's still pretty high. It's at $95 ... Don't buy, don't buy.'North American Palladium (AMEX: PAL - News): 'Bernanke doesn't know that this is a deflationary spiral... You cannot be in PAL. I do not want you to stick with PAL.'
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Labels: AVT, BRCD, CSCO, DNB, EMC, HPQ, IM, INTC, Jim Cramer, Lightning Round, NCX, PALM, RIMM, VPHM, XRX

Mueller Water Products (NYSE: MWA - News): 'A very inexpensive stock. I remember when this thing was first spun off from Becker, the fertilizer company... It shouldn't be at $14. I have to buy that. That is a very consistent grower.'Schlumberger (NYSE: SLB - News): 'We've had a nice pullback here... I know that, if you own it, it doesn't feel nice... It's, at one point, a 10-point pullback ... I would pull the trigger on SLB ... Best quarter I have seen of the whole oil complex...'Costco (NasdaqGS: COST - News): 'Oh man, look at that... That was a 52-week high today ... I know why that hit a 52-week high... Because some of us are Gold Star members!'Goldcorp (NYSE: GG - News): 'why am I not backing away from gold? I think gold belongs in everyone's portfolio, so I am not saying anything bad about GG.'Yamana (NYSE: AUY - News): 'I know Yamana's been bad ... I'm sticking with AUY. It's a growth stock.'Apple (NasdaqGS: AAPL - News): 'I think that phone - despite the fact that everyone is blasting it - is a fantastic phone! I still like AAPL. I like the new Apple computers. I think AAPL's had its pullback, and is ready to rock again.'Dell (NasdaqGS: DELL - News)Hewlett-Packard (NYSE: HPQ - News)Green Mountain Coffee Roasters (NasdaqGS: GMCR - News): 'Now, up $4 bucks, I'm like reluctant to hit this (bull button), because then people t say he's just chasing momentum... But I've got to tell you, I think this is a pretty good stock...'Bankrate (NasdaqGS: RATE - News): 'That was unfairly knocked down this week. That was a clean quarter.'Cisco (NasdaqGS: CSCO - News): 'I think Cisco Systems is going to be a good quarter. At one point, that stock was down 50 cents today. I was surprised.'Microsoft (NasdaqGS: MSFT - News): ' I want to own MSFT, and I want to own tech... 'CV Therapeutics (NasdaqGM: CVTX - News): 'You found the gem. It's a little $8 buck stock. It's really down on its luck... I'd pull the trigger. I think you're right. I think there's value there.'
Bearish calls:
Movado Group (NYSE: MOV - News):'You know, there's been insider buying of MOV... I know that the last quarter was good. I felt personally burned by MOV... I cannot get behind MOV.'Taiwan Semiconductor Manufacturing (NYSE: TSM - News): 'TSM is a supplier. I want to buy the finished guys.'Infineon Technologies (NYSE: IFX - News) The Knot (NasdaqGM: KNOT - News): 'I've got some internet companies that are en feugo and KNOT is not one of them... '
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Labels: AAPL, AUY, COST, CSCO, CVTX, Dell, GG, GMCR, HPQ, IFX, Jim Cramer, KNOT, Lightning Round, MOV, MSFT, MWA, RATE, SLB, TSM

Dow but not Out: JPMorgan Chase (NYSE: JPM - News), General Motors (NYSE: GM - News), Citigroup (NYSE: C - News), AIG (NYSE: AIG - News), Honeywell (NYSE: HON - News), DuPont (NYSE: DD - News) and Hewlett-Packard (NYSE: HPQ - News), AT&T (NYSE: T - News), Verizon (NYSE: VZ - News), Pfizer (NYSE: PFE - News) and Merck (NYSE: MRK - News)
After its mid-week drop, the Dow's rally on Thursday inspired Cramer to express confidence in the market and to repeat his prediction that the Dow will reach 14, 548 by the end of the year. He notes only four Dow stocks, JPM, GM, C and AIG are levered to current problems and only JPM and C are directly connected to mortgages. However, he commented HON, DD and HPQ have "beautiful" balance sheets and T, VZ, PFE and MRK will be able to survive the current market. Because of the strength of these stocks, the Dow wasn't crushed yesterday like it was "supposed to be," Cramer said.
The Windy City Merger: CME Group (NYSE: CME - News)
A good way to profit from the vicissitudes of the current market is to invest in CME, which Cramer recommends following its acquisition of the Chicago Board of Trade. Cramer likes the merger so much he thinks the Justice Department should never have allowed it to happen, since CME now has its "hands into everything" and can charge whatever it wants. While CME is trading at 30 x earnings, it is growing at a 20% clip this year, and its growth rate should reach 30% in 2008.
Sell Block: Buffalo Wild Wings (NasdaqGS: BWLD - News), General Cable (NYSE: BGC - News), Mastercard (NYSE: MA - News)
Since BWLD, BGC and MA got crushed after reporting better-than-expected quarters, Cramer explained "why bad things happen to good stocks." First, since all three had been rising rapidly, the bar was raised and "better-than-expected" just wasn't good enough for The Street. Second, there was a "hair" on each quarter, which is Wall Street jargon for a small flaw, or "hair" on a better-than-expected number. It was alleged that MA experienced domestic slowing, BWLD had slightly lower same-store sales and BGC had a downbeat outlook. However, Cramer said the main trick is knowing when to get rid of stock; "You can't count on me to tell you when to sell," he warned listeners, adding he can't always call a top. He said it is safe to sell the stocks now, since they are still high.
CEO Interview: Gregory Milzcik Barnes Group (NYSE: B - News)
Gregory Milzcik says his company is in the "sweet spot" of the current cycle; "We focus on difficult-to-manufacture parts but are also positioned great on high-volume, high-growth platforms, like that of the 787." He adds analysts are not really disappointed with the company, but want to see sales and margin growth, which Barnes Group can deliver. The company has expanded into Europe's "booming" market. Cramer commented; "Let the downgrades come, and then I would buy some. This stock's just way too cheap when it gets down to $20."
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Labels: AIG, B, BGC, BWLD, C, CME, DD, GM, HON, HPQ, Jim Cramer, JPM, MA, Mad Money, MRK, pfe, T, VZ

Bull Meat Barbecue
Although Thursday's selloff resembled a "bull meat barbecue," Cramer encouraged viewers not to lose heart and reiterated his principle that there is always a bull market somewhere. He made a checklist of three kinds of stocks to avoid: Stocks, such as housing, which need low interest rates to go higher, stocks (restaurants, retail etc.) with too much leverage to the domestic economy, and companies which must borrow to make an acquisition. Cramer emphasized the importance of selling these stocks, especially for those who did not lighten their portfolios before the selloff and those who cannot take the pain and wait for these sectors to recover.
Game Plan for Next Week: Pepsi (NYSE: PEP - News), Colgate (NYSE: CL - News), Kellogg (NYSE: K - News), Kimberly Clark (NYSE: KMB - News), Caterpillar (NYSE: CAT - News), Foster-Wheeler (NasdaqGS: FWLT - News), Freeport McMoRan (NYSE: FCX - News), Schlumberger (NYSE: SLB - News), Halliburton (NYSE: HAL - News), Boeing (NYSE: BA - News), Bunge (NYSE: BG - News), Monsanto (NYSE: MON - News), Dell (NasdaqGS: DELL - News), Hewlett-Packard (NYSE: HPQ - News), Cisco Systems (NasdaqGS: CSCO - News), Celgene (NasdaqGS: CELG - News), Merck (NYSE: MRK - News), Medco Health (NYSE: MHS - News)
Because on The Street, a trauma does not usually follow a trauma, Cramer expects a bounce at least by Monday, and would get rid of financials, retail and restaurants and buy soft goods, such as PEP, CL, K and KMB. Dismissing worries of a potential worldwide slowdown, Cramer likes machinery and mining, particularly CAT, FWLT and FCX. He also recommends oil, although natural gas has been tricky, and his picks are SLB and HAL. Cramer's favorites among aerospace and agriculture include BA, BG and MON, and he adds the tech sector has been hot and would buy DELL, HPQ and CSCO. In the healthcare sector, he especially likes CELG and MHS and doesn't mind MRK.
Pscyhed Up with Sycamore Networks (NasdaqGM: SCMR - News)
After the selloff devastation, there is still one thing Cramer can count on; that tech will continue to thrive in the late summer as it does every year. Cramer likes SCMR as a speculative telecom tech stock, since the company has almost a pure play on optical services. SCMR is not best-of-breed, but he is still bullish because SCMR does not yet have any analysts covering it and he likes SCMR's floor; it's at $4 a share but has the equivalent of $3.23 a share. In addition, the company's sales have been rising and 60% of its revenue is international. While SCMR is not as strong as Cisco or Cienna it could make investors more money.
Mad Money: Hoku Scientific (NasdaqGM: HOKU - News), Genzyme (NasdaqGS: GENZ - News), Celgene (NasdaqGS: CELG - News)
When a mailer asked about Hoku, Cramer recalls having recommended it at $6, and it has recently dropped from $11 to $8. At this level, Cramer says, it is too speculative, but he thinks it will repeat its upward trend after it falls back to $7 or $6. Another mailer wanted to know Cramer's opinion of GENZ; while the fall is good for biotech in general, he prefers Celgene to GENZ. On the issue of whether Freeport McMoRan's report of strong cash flow will be good for Caterpillar, Cramer says he likes CAT, but it has been hit hard for its North American exposure. While he says CAT is "your best play" he adds currently he is "loathe to buy more."
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Labels: BA, BG, CAT, CELG, CL, CSCO, Dell, FCX, FWLT, HAL, HPQ, Jim Cramer, K, KMB, Mad Money, MHS, MON, MRK, PEP, SLB

Happy PCs: Dell (NasdaqGS: DELL - News) and Hewlett-Packard (NYSE: HPQ - News)
Cramer again urged viewers to get into tech ahead of the back-to-school and holiday seasons, and added Dell and HPQ are in the "sweet spot," are "brimming with cash" and buying back stock. While both approach their 52-week highs, Cramer sees a huge upside in the next three months, and points out that HPQ is "criminally cheap" while Dell is not expensive, given its rapid growth rate. The companies benefit from a price war among component parts producers and HPQ and Dell both have significant international exposure; "The time is right for both," Cramer said.
Rolling on a River: Riverbed Technology (NasdaqGM: RVBD - News)
Cramer comments his beloved speculative stock RVBD has been "coining money" off its WAN optimization technology and still has further to run. However, Cramer adds RVBD is a investment rather than a trade and urges viewers not to be spooked if it dips; " ... focus on its long-term story, he urged. "Don't let the volatility around its quarter scare you." Riverbed is not a stock for cheapskates; "Riverbed is the poster child for paying up for best of breed," said Cramer. "Great high-growth stocks with great momentum are hardly ever cheap."
Interview: CEO, David Sutherland-Yoest, Waste Services (NasdaqGM: WSII - News)
Cramer says WSII is the prime example of a stock with aggressive insider buying and a large short position. He wondered why the stock didn't move after the company reported a solid quarter. David Sutherland-Yoest said, "we exceeded our internal expectations," and he explained the Street doesn't understand why WSII swapped out of WCA Waste or its acquisition of a Florida hauling company and transfer station. The CEO was confident the value of its assets will be recognized in the next quarter. Cramer commented WSII "seems like a good place to be" and is worth sticking with even though it hasn't behaved as expected.

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Labels: Dell, HPQ, Jim Cramer, Mad Money, RVBD, WSII

Eagle Bulk Shipping (NasdaqGS: EGLE - News): 'This company with an 8% yield is going higher. I've got to say, you've got a good one.'Crocs (NasdaqGS: CROX - News)Under Armour (NYSE: UA - News)Verizon (NYSE: VZ - News): ' ... I'd much rather own ... Verizon (than Smith Micro Software).'Morgan Stanley (NYSE: MS - News)WPP Group (NasdaqGS: WPPGY - News): 'Really terrific. ... I am going to endorse it. ... Europe's doing much better than America.'Barnes Group (NYSE: B - News): 'I endorse it. I think you should buy some Barnes.'BE Aerospace (NasdaqGS: BEAV - News)Cnooc (NYSE: CEO - News): 'I am going to get behind any oil stock in the world. ... I like your Cnooc. I think that goes higher.'PetroChina (NYSE: PTR - News): 'I have liked PetroChina more than this (Cnooc) ... "I am going to get behind any oil stock in the world.' ValueClick (NasdaqGS: VCLK - News): 'It's been stalled here. ... At $30, I still like it. ... I'm staying bullish.'Goldman Sachs (NYSE: GS - News): ' ... pull the trigger on Goldman Sachs.'Nastech Pharmaceutical (NasdaqGM: NSTK - News): 'To back away from the stock at $11 is a major league mistake ... going to go much higher.'Celgene (NasdaqGS: CELG - News)Helmerich & Payne (NYSE: HP - News): 'This is one of the most unsung drilling oil and gas stocks that there is. ... This one's got a lid on it because it's too domestic. ... You know what? I think HP is cheap. ... How could a 30% grower only have a 10 multiple? The answer is the market's wrong.'Chesapeake Energy (NYSE: CHK - News) Mastercard (NYSE: MA - News): 'I actually prefer MasterCard on a pullback than Discover right here.'
Bearish calls:
Starbucks (NasdaqGS: SBUX - News): 'This is a quality control problem. ... Basically, you can't grow that fast. I remain in the Don'tBuy mode.'Heelys (NasdaqGM: HLYS - News): 'I am bearish on Heelys.'Smith Micro Software (NasdaqGM: SMSI - News): 'I think you've got too much hype here. I've got to throw the flag. ... It's a decent story ... Your stock is too speculative.'Discover Financial Services (NYSE: DFS - News): 'I'm not behind Discover.'The Blackstone Group (NYSE: BX - News): 'I'm not a fan of Blackstone.'Boston Scientific (NYSE: BSX - News)Align Technology (NasdaqGM: ALGN - News)

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Labels: B, BEAV, CELG, CEO, CHK, CROX, EGLE, GS, HPQ, Jim Cramer, Lightning Round, MA, MS, NSTK, PTR, UA, VCLK, VZ, WPPGY