Jim Cramer's Mad Money Review

New York Times (NYT): Cramer says NYT badly needs to be downsized and is not a stock worth owning. He doesn't trust its 5% dividend and says the company reminds him of a university.
Freeport McMoRan (FCX), Lundin Mining (LMC): FCX is a China and Rest of the World play, not a domestic play, said Cramer, who has absolute faith in the CEO. He also likes LMC as a play on lead.
Chipotle Mexican Grill (CMG), Coca-Cola (KO): Cramer likes CMG but says "enough is enough" at $133. Concerning KO, Cramer said, "Going to $60 on Friday! Monster quarter... monster. Buy it right here"
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Labels: CMG, FCX, Hot Stocks, Jim Cramer, Jim Cramer's Stop Trading, KO, LMC, NYT

Lundin Mining (LMC): Cramer began Friday's show by talking about LMC. The mining company extracts zinc, copper, nickel and lead, which Cramer thinks are near bottoms in price. He also thinks that the stock could be bought out for $15 per share. Although the company has had its ups and downs, Lundin now deserves "two thumbs up."
The Mad Money Game Plan: Next week focused on Cramer's belief that high oil and a weak dollar are good for the market, contrary to popular belief. The stocks he specifically mentioned were Core Labs, (CLB), FMC Tech (FTI), and First Solar (FSLR).
Mad Mail: Cramer read an email that was very harsh, pointing out some of the stocks Cramer likes that have not done well recently. Cramer stated that he is willing to admit his mistakes. "My losses kill me," he said, especially since he owns a lot of these stocks for his charitable trust; such as Goldman Sachs (GS), NYSE Euronext (NYX), and Sears (SHLD).

Labels: CLB, FSLR, FTI, GS, Jim Cramer, LMC, Mad Money, Mad MOney Recap, NYX, SHLD, ZINC

Corning (NYSE: GLW - News): ' ... you should be buying Corning (NYSE: GLW - News), which was unceremoniously dumped after a good quarter.'Lundin Mining (AMEX: LMC - News): 'All mineral stocks are getting hammered here... every single one of them ... There was just a huge amount of takeovers in this industry. Now they're dying down... You accumulate LMC... We like the combination copper, the lead... We like their product portfolio ... We have been right to buy. It will be no different this time.'NYSE Euronext (NYSE: NYX - News): 'I have been wrong so far... I believe fundamentally in the story. I can't change my view, because the fundamentals have borne me out... I am sorry, and I too am in the house of pain. I still believe though.'Prudential Financial (NYSE: PRU - News): 'They knocked it down $3 bucks... There were some concentrated raids on all the insurers ... they've got a gigantic portfolio... PRU is a great company. And it will not founder on subprime... one of the few financials I want to own!'Honeywell (NYSE: HON - News): 'There's a guy who runs that company... his name is Dave Cote. That man inspires a tremendous amount of confidence ... He's a transforming manager. He's generating a huge amount of cash... His order book is full. And I want to buy that stock right here.'Companhia Vale do Rio Doce (NYSE: RIO - News): 'This is a company that has a hammerlock on all the nickel in the world! I would not give up on these guys... As a matter of fact, any weakness ... Stocks that are up huge are getting register rung. It's the summer. That's what happens every year.'BHP Billiton (NYSE: BHP - News)Apple (NasdaqGS: AAPL - News): 'I think the raids are over. I think it's ready to resume its climb. I am not backing away from AAPL at $135. Now, when it got back to $145, please, let's do some schnitzelling (i.e., sell some).'Reliance Steel (NYSE: RS - News): 'I have been recommending Reliance Steel, which had a better quarter (than Nucor.'Chordiant Software (NasdaqGM: CHRD - News): 'They just reported a great quarter yesterday. It was great ... Let's ride that one a little bit more.'
Bearish calls:
Syntax-Brillian (NasdaqGM: BRLC - News): 'No, no! Don't buy, don't buy. Keep looking ... you should be buying Corning.'Kroger (NYSE: KR - News): 'Safeway, Kroger... They've not been recording good quarters. They've been hurt by food inflation... If it lifts, sell, sell, sell... I would trim it back.'Nucor (NYSE: NUE - News): 'I cannot get behind NUE. There are too many flies in the steel story now, with the potential slowdown in commercial real estate, if we don't get a Fed rate cut. 'Great Lakes Dredge & Dock (NasdaqGM: GLDD - News): ' ... that's one I can't go back to. That was a trade.'
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Labels: AAPL, BHP, CHRD, GLDD, GLW, HON, Jim Cramer, KR, Lightning Round, LMC, NUE, NYX, PRU, RIO, RS

Six Bulls: John Deere (NYSE: DE - News), Monsanto (NYSE: MON - News), Sociedad de Chemica (NYSE: SQM - News), Caterpillar Inc. (NYSE: CAT - News), Terex (NYSE: TEX - News), Manitowoc (NYSE: MTW - News), Foster Wheeler (NasdaqGS: FWLT - News), McDermott International (NYSE: MDR - News), Jacobs Engineering (NYSE: JEC - News), Boeing Co. (NYSE: BA - News), Halliburton (NYSE: HAL - News), Royal Dutch Shell (RDS-A), Exxon Mobil (NYSE: XOM - News), Freeport McMoran (NYSE: FCX - News), Lundin Mining (AMEX: LMC - News)Cramer dedicated the program to discussing six bull markets and recommending stock picks for each sector.Agriculture: Cramer commented on a "disturbing" editorial in the New York Times which called for an end to agricultural subsidies, but he is confident the policy will never be enacted. Cramer calls Deere "money in the bank" and notes that it sells at 16x earnings and has a 12% growth rate. While Monsanto, which trades at 35 x earings "will never be cheap," Cramer says its 24% growth rate is worth the price at $60, and he would buy it up to $70. The Chilean fertilizer company, SQM, is the world's largest supplier of lithium which goes into batteries and will be in shorter supply as "the greening movement reaches its nauseating zenith."Machinery While he confesses amazement that CAT is stalled, Cramer says it is "preposterously cheap" trading at 13x earnings with 12% growth. He adds CAT has great international exposure, will benefit from the collapse of its Japanese competitors, and is a solid infrastructure play. While he also likes TEX and MTW, Cramer thinks CAT is still best-of-breed.Infrastructure: Cramer calls this the "wildest" bull market which will benefit from oil prices and the need to create alernative power plants and petroleum infrastructure. Even though Foster Wheeler and McDermott International have had "tremendous runs" Cramer notes FWLT sells at just 17x next years earnings with 34% growth, and MDR has 14% growth and sells at 17x earnings. He adds these stocks do not get enough coverage on Wall Street, and would buy them. Cramer gives Jacob's Engineering and honorable mention, although is more expensive than the other two.Aerospace:Boeing is up only 10% when the rest of the sector has risen 22%, and Cramer comments, "It's a laggard. It should be leading." Boeing sells at 20x earnings and has 18% growth. He thinks the company has a good future given the health of the sector, its international business, and some "amazingly-terrible problems at AirBus."Oil and Gas: After a run for this sector, it was down on Tuesday; "People are just thinking it's over, because oil is down 2 bucks," said Cramer and he expressed confidence that the sector would bounce back. In spite of its "giant" buyback, "robust" outlook for oil and gas and its international exposure, Cramer notes HAL is down 12% from last year. Cramer likes Royal Dutch Shell with 10x earnings, 8% sales growth, and a yield at nearly 4%. While Exxon Mobil was down on Tuesday, it is still "a go-name for big institutions."Minerals: Cramer says rumors of full copper inventories are "nonsense," because the Chinese need more copper. He likes copper play FCX and says its gold is a good hedge against inflation. He notes the company sells at only 9x earnings, but he predicts a 12x multiple. Cramer added the quarter was not good due to strikes and the cost of its Phelps Dodge deal, but predicts it will benefit from copper demand. He also likes Lundin which he thinks will go from $12 to $15 on the Tenke Mining deal in late June.Published By SeekingAlpha

Labels: BA, CAT, DE, FCX, FWLT, HAL, JEC, Jim Cramer, LMC, Mad Money, MDR, MON, MTW, SQM, TEX, XOM

Amgen (NasdaqGS: AMGN): 'Worst is over ... we've seen the stock go from 55 to 60 ... Let's buy some Amgen.'GOL Linhas Areas Inteligentes (NYSE: GOL - News): 'At 28, we got a gift here. ... Brazil is up 28% for the year. We had a little profit-taking. Pull the trigger. Make your move.'Bank of America (NYSE: BAC - News): 'Feels real good to me here. ... at 51 with a 4.3% yield, you are going to make money.'Jones Soda (NasdaqCM: JSDA): 'We have seen the stock triple. ... 20 it goes to 30. Down 4, do we start buying it again? Yeah, I would buy Jones Soda down here.'American International Group (NYSE: AIG - News): 'I own AIG, up nicely but not enough. Every day I go home and curse Hank Greenberg ... because he's constantly selling the stock. ... if he would ever stop selling, the stock would go to 75.'Flowserve (NYSE: FLS - News)Rigel Pharmaceuticals (NasdaqGM: RIGL)Nastech Pharmaceutical (NasdaqGM: NSTK): 'I would rather do Nastech.'Cemex (NYSE: CX - News): 'Cemex is going to have a monopoly on cement by the time they're done.'Homex Development (NYSE: HXM - News)PDL BioPharma (NasdaqGS: PDLI)United Online (NasdaqGS: UNTD)Vertex Pharmaceuticals (NasdaqGS: VRTX)Lundin Mining (AMEX: LMC - News): 'When that stock got to 10, once again the hate mail so thick that I was just swimming in it. ... I am just one first-class masochist. I backed the truck up to that name. And that's why it's at a 52-week high.'
Bearish calls:
First Marblehead (NYSE: FMD - News): 'Up 2 bucks in reaction to the big selloff yesterday, but SellSellSell.'Optium (NasdaqGM: OPTM): 'Like the high bandwidth, optical networking, but Don'tBuy. This group is too hard for me.'Peabody Energy (NYSE: BTU - News): 'Just went from 38 to 48. ... I think that BPU pulls back to 45, and that's where you do it .'
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Labels: AIG, AMGN, BAC, BTU, CX, FLS, FMD, GOL, Hot Stocks, HXM, Jim Cramer, JSDA, Lightning Round, LMC, Mad Money, NSTK, PDLI, RIGL, UNTD

Jockeying for Position: Dynegy (NYSE: DYN - News), Brocade Communications (NasdaqGS: BRCD), Qwest (NYSE: Q - News)
Cramer suggested three "horse racing stocks" under $10 to keep investors interested. These are just temporary plays and should be sold when they reach $12. He notes DYN was "trashed" because of its former CEO Chuck Watson, but has been rescued by current CEO Bruce Williamson. He notes that DYN could be an attractive takeover target. "Brocade has momentum but is scary -- which is exciting," Cramer said about his second-favorite pick, which recently bought out its competitor and is in a position to raise prices. Cramer's favorite "horse" is Qwest which is around $9, but should be the first to reach the finish line at $12, because of its big federal contract.
Blue Stocking Stocks: Walgreen (NYSE: WAG - News), Grainger (NYSE: GWW - News) and Automatic Data Processing (NYSE: ADP - News)
Cramer discussed his favorite "aristocrat" stocks which pay solid dividends and provide protection when the economy is rough. He considered three "aristocrats," and eliminated WAG because it might have to stop raising its dividend to buy Express Scripts. While he expects GWW to boost its dividend, Cramer thinks the stock is too cyclical. Cramer's favorite artistocrat stock is ADP; "If there is such a thing as a blue chip, ADP is it." First, by spinning off its unprofitable brokerage service business, ADP may see 12-13% revenue growth. Secondly, Cramer likes ADP's "gigunda" $750 million buyback, and comments that ADP doesn't just have the history of raising its dividend, it has the money to continue dividend increases.
Mad Mail: Lundin Mining (AMEX: LMC - News), Dean Foods (NYSE: DF - News), Incyte Corporation (NasdaqGM: INCY)
Cramer told a viewer not to get discouraged with LMC because it is buying up mines. He would pick up more LMC on any pullback. He commented DF is "going back to where it was before it paid the dividend" of $15, and says the company is well-managed and pro-shareholder. When asked to defend his recommendation of INCY, which has no phase III drugs, over a company like Osiris Therapeutics with products in the pipeline, Cramer responded the best strategy for dealing with biotech is to avoid companies in the headlines and to find a biotech like INCY which has " its whole future ahead of it."
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Labels: ADP, DF, DYN, GWW, Hot Stocks, Jim Cramer, LMC, Mad Money, Q, WAG

Lundin (AMEX: LMC - News) and Rio (NYSE: RIO - News): Cramer would buy nickle miners LMC and RIO because, according to the Baltic Dry Index, there is no economic slowdown. He expects international growth, especially in China, to be beneficial for nickel as well as copper and zinc. Cramer notes that LMC is putting together an "unbelievable group of properties that will dominate minerals in Europe" and says he doesn' t understand why LMC hasn't been bought. Cramer thinks it has been hovering around $10 to $12 for too long and is "busting out."
Washington Mutual (NYSE: WM - News): Cramer suggests staying away from tech which he feels is as troubled as housing. Although he feels WM has sloppy lending practices, Cramer likes it a bit better than its rivals because of its large deposit base. He likes its 5.5 % yield but does not like the way subprime has been creeping up. Although he feels WM has been overdone to the downside, he cautions investors to watch out for charges for bad mortgages.
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Labels: Jim Cramer, LMC, RIO, Stop Trading, WM

Labels: ABG, AMD, AN, F, ID, Jim Cramer, JOYG, KMX, Lightning Round, LMC, LSI, Mad Money, MRVL, PMTI, SCI, SYMM, UAG, URBN

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

Yahoo (NASDAQ: YHOO - News), Ingersoll-Rand (NYSE: IR - News), Freeport-McMoRan's (NYSE: FCX - News), Phelps Dodge (NYSE: PD - News), Lundin Mining (AMEX: LMC - News) - Cramer says that, in the 25 years he's been involved in the market, he has only seen one or two other periods when the conditions for investing have been so good, and was impressed that there wasn't a decline after the Democratic sweep. Cramer adds that this is the best earnings season in seven years, and added that even Yahoo and IR rose after reporting "stinker" quarters. Cramer singles out NYX as the "cheapest stock," and he is bullish. He discussed the "tremendous buzz" about FCX's acquisition of PD, which enabled FCX to get copper exposure and PD to get gold exposure. In addition, Lundin Mining is the next copper play, according to Cramer. Allergan (NYSE: AGN - News), Research In Motion (NASDAQ: RIMM - News), Sears Holdings (NASDAQ: SHLD - News) - Although there is a lot of negativity about drug stocks with the Democrats controlling Congress, Cramer thinks that Allergan "may be in the early stages of an incredible run and is finally starting to get the recognition it deserves." The company makes effective silicon breast implants and also has Botox and Juviderm, the "No. 1 method of getting rid of wrinkles." Even though the stock recently jumped $7, Cramer thinks it could rise an additional $12 from $119.55. On another note, Cramer thinks that RIMM is going up and that investors should take advantage of the $1 dip in Sears to pick up at least one share at $172. Oregon Steel (NYSE: OS - News) and Nucor (NYSE: NUE - News) - Cramer thinks that the media owes investors an apology for keeping them out of steel when their reports of a glut "clobbered" the stocks as people sold them off in panic. The reporters failed to mention that the companies were selling at five to six-times earnings. Now it is too late to buy OS which was a "huge stock," Cramer said, and that most steel companies are going to be taken over except for Nucor.Bulls:Mastercard (NYSE: MA - News): Cramer says this stock is not finished going up, and he would buy MA "right here, right now."Prudential (NYSE: PRU - News): This stock has a good dividend, says Cramer.AIG (NYSE: AIG - News): Cramer calls this stock "the cheapest in the group" and says it should go higher.IBM (NYSE: IBM - News):The current lack of momentum in this stock is a "mistake," says Cramer who predicts that it will go from $93.45 to $120, but would sell some at $100.Bears:Motorola (NYSE: MOT - News): This company missed its quarter twice, and Cramer does not feel comfortable recommending it.Alcoa (NYSE: AA - News):"The most poorly run major American company," Cramer said and suggested selling.Ford (NYSE: F - News): Although Cramer was bullish on Ford at $7, he doesn't like its balance sheet, and in spite of the fact that he had confidence in CEO Alan Mullaly, Cramer predicts that Ford will get "hammered" if it reports another lackluster quarter.

Labels: AGN, AIG, IBM, IR, Jim Cramer, LMC, MA, NUE, OS, PD, PRU, RIMM, SHLD, YHOO