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

On Friday, Cramer interviewed Mitt Romney, Republican candidate for president in 2008. They talked about his business background, his plans for the country, and his campaign.
"Speculation Friday" Cramer talked about a stock that he has been bearish on since he began the show. The stock is Skechers USA (SKX), which he thinks is poised for a turnaround since it beat earnings this week with strong revenue growth and international growth. If the company can expand its margins as the CEO promised, Cramer thinks this can be a $31 stock.
Cramer then went to the phone lines. The first caller asked about Nike (NKE) and their acquisition of Umbro, which Cramer likes and wishes he hadn't sold. The next caller asked about Heelys (HLYS), and Cramer said to stay away.
Before the Lightning Round Cramer did some housecleaning. First he said that he likes Starent Networks (STAR) again, since the price has dropped down to where he first recommended it. Next he said that Synta Pharmaceutical (SNTA) is risky, but Cramer likes it a speculative play. He also said that he likes Celgene (CELG) better.
Cramer's Game Plan for next week. Since the Fed is meeting next week, Cramer focused his plan on ways to profit from the results of the meeting. He thinks we will get a half point rate cut on Wednesday. His first suggestion is Annaly (NLY) since Cramer thinks they saw the mortgage crisis coming, and were prepared to profit from it. The next stock is FMC Technologies (FTI) since it helps oil companies find more oil, and it reports earnings on Tuesday. The next stock to buy is Transocean (RIG) since it is not affected by the poor US oil drilling market, and its merger with GlobalSantaFe (GSF) will close in about a month.
Cramer said that you should buy half your position in these stocks on Monday, and then buy the rest after the Fed announcement, since there is a chance that the Fed won't cut rates and that the market goes down because of it.
Wynn Resorts (WYNN) and Las Vegas Sands (LVS). Finally, Cramer answered an email that asked about these stocks. Cramer thinks that they are both well run companies.

Labels: CELG, HLYS, Jim Cramer, Mad Money, Mad MOney Recap, NKE, SKX, SNTA, STAR

Freeport-McMoRan (NYSE: FCX - News): 'A lot of people were shaking today when it was down $4. That was a mistake. The quarter was a thing of beauty. ... I think you should stay in FCX. Copper and gold? We need 'em both.'Celgene (NasdaqGS: CELG - News): 'Buy some Celgene!'Schlumberger (NYSE: SLB - News): 'This company is the best in show. I gotta tell you something. It ain't done. You know what this company is? It's $80 going to $120. ... Get some Schlumberger.'Ford (NYSE: F - News): 'Go buy the Ford preferred. Don't buy the common.'Bank of America (NYSE: BAC - News)Citigroup (NYSE: C - News)Hologic (NasdaqGS: HOLX - News): 'It has to close this deal. Until it closes this deal, you're not going to get the ramp that you want. ... This is going to own women's diagnostics. They're going to own it, and when they do, this stock is going to go up huge.'Dominos Pizza (NYSE: DPZ - News): 'It reported this great quarter. ... Remember, just up $2 almost. I prefer to buy it under $20. Be patient.'Tata Motors (NYSE: TTM - News): 'I'm going to give this only a lukewarm buy up here.'Accenture (NYSE: ACN - News)Trinity Industries (NYSE: TRN - News): ' I like Trinity because I like rails. When you think of rails, you think of a company that makes rail cars. That's Trinity.'Leucadia National (NYSE: LUK - News): 'It's just a couple of guys that run money. They do a good job. ... I'm never going to dis them.'Brookfield Asset Management (NYSE: BAM - News)Nike (NYSE: NKE - News)Caterpillar (NYSE: CAT - News): 'You need to be in Caterpillar.'Terex (NYSE: TEX - News)
Bearish calls:
Human Genome Sciences (NasdaqGM: HGSI - News): 'Don't mess with Human Genome Sciences. Buy some Celgene.'ING (NYSE: ING - News): 'That's a bank I don't really care for.'Spartan Motors (NasdaqGS: SPAR - News): 'This was a great trade. It has since turned into a bad one, and I've gotta tell you, bad ones don't come back. ... I don't want to own this anymore.'Joy Global (NasdaqGS: JOYG - News): 'Too levered to coal. That was a nasty, ugly quarter. I can't sugarcoat it.'Nokia (NYSE: NOK - News): 'Do I like Nokia? Absolutely. Do I think that you're being a hog? Absolutely. You're selling half tomorrow morning, my friend.'

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Labels: ACN, BAC, BAM, C, CAT, CELG, DPZ, F, FCX, HGSI, HOLX, ING, Jim Cramer, Lightning Round, LUK, NKE, SLB, TEX, TRN, TTM

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:
Synnex (NYSE:SNX - News) beat earnings expectations on Monday afternoon, announcing $0.46 EPS over an expected $0.44 EPS. SNX does not have a PowerRating due to volume constraints.
Kroger (NYSE:KR - News) is expected to report $0.48 EPS on Tuesday before the opening bell. KR's PowerRating is 6.
When Lennar (NYSE:LEN - News) announces quarterly earnings tomorrow morning, watch for $0.01 EPS. LEN's PowerRating is 6.
Analysts are watching for Steelcase (NYSE:SCS - News) to announce $0.19 EPS before the bell on Tuesday. SCS's PowerRating is 6.
Nike (NYSE:NKE - News), H.B. Fuller (NYSE:FUL - News) and Oracle (NasdaqGS:ORCL - News) all report earnings on Tuesday after the market closes, so watch for heightened price action and volatility ahead of the bell. NKE's PowerRating is 6, FUL's PowerRating is 6 and ORCL's PowerRating is 6.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: FUL, Hot Stocks, KR, LEN, NKE, ORCL, SCS, SNX

I'ts a Given: Given Imaging (NasdaqGM: GIVN - News)
Cramer's speculative pick on Friday was Israeli wireless medical imaging company, GIVN, which is perfecting a PillCam video capsules which are a more comfortable, convenient way of checking for gastronomical problems than traditional methods. He pointed out his track record of making viewers money with medical device companies such as Hansen Medical, Micrus Endovascular,Kyphon, and Intuitive Surgical, and he feels the technology behind the PillCam is much simpler than that of other devices. While investors are taking a "calculated risk" Cramer expects big earnings from Given and notes its guidance inspires confidence.
Big Brother is Watching You: Omniture (NasdaqGM: OMTR - News)
The next big thing in internet advertising is OMTR, according to Cramer, since the company monitors what people are watching online; "With Omniture, you can tell advertisers what is hot at the exact moment," Cramer said. The time for Yahoo, Google and Microsoft to buy this stock was yesterday, Cramer commented, and if OMTR's shares were valued the same as Microsoft valued aQuantive's before the acquisition, OMTR would be sitting at $35 instead of $2o.66. The company gave a secondary offering and sold 8 million shares at $18, which is an indication that " no amount of stupid sellers can knock this thing down ... There's too much demand." However, Cramer warned he is recommending this speculative stock on a takeover bid and not on its margins.
Game Plan for the Coming Week: Bear Stearns (NYSE: BSC - News), XTO Energy (NYSE: XTO - News), Medco Health (NYSE: MHS - News), Express Scripts (NasdaqGS: ESRX - News), Nike (NYSE: NKE - News), Kroger (NYSE: KR - News), Oracle (NasdaqGS: ORCL - News), McCormick (NYSE: MKC - News), Rite Aid (NYSE: RAD - News), Research In Motion (NasdaqGS: RIMM - News)
Cramer said the failure of two hedge funds does not spell bad news for BSC, which he would buy on Thursday. The cause was a hedge fund manager's "stupid mistake" and Cramer doesn't think BSC is dependent on the success or failure of the funds. He would pay attention to companies such as XTO, MHS and ESRX which are speaking at the Wachoviaand Jeffries conferences next week. He suggests setting up half a positon in NKE before its earnings report and the other half after a subsequent drop. Cramer would buy KR, since it doesn't get enough respect, as well as Oracle and thinks MKC is a good low-risk stock. He predicts RAD, which reports on Thursday, will continue to "motor up" and he would buy it on any weakness. For those who don't yet own RIMM, Cramer suggests picking it up after its earnings report.
Mad Mail: Posco (NYSE: PKX - News), Cummins (NYSE: CMI - News), Spartan (NasdaqGS: SPAR - News)
Although he didn't mention the PKX when he discussed 20 of Buffett's stock picks on Thursday's Mad Money program, Cramer thinks it is a good, inexpensive steel company. Cramer thinks CMI is still rising but would beware of SPAR, which is down a two points.
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Labels: BSC, CMI, ESRX, GIVN, Jim Cramer, KR, Mad Money, MHS, MKC, NKE, OMTR, ORCL, PKX, RAD, RIMM, SPAR, XTO

Nike (NYSE: NKE - News), Foot Locker (NYSE: FL - News), Under Armour (NYSE: UA - News), Dick's Sporting Goods (NYSE: DKS - News)
Cramer does not think Nike is guilty by its association with FL, which reported shocking cut in first quarter earnings estimates. Although Nike is not quite a "slam dunk" yet, because its performance has not been good, Cramer thinks the stock will exceed low expectations because of its popularity in China and because it has yet to move; "What I like about Nike best is that it's a great growth stock that's done nothing. It's very hard to find great growth stocks that have not advanced here, and Nike's the one." Cramer comments Nike is a performance-oriented brand, and added, "I believe that they can do fashion, but it's going to be in the Cole Haan kind of fashion." Another factor, he added is if UA is going to go after NKE, and Cramer commented on UA's estimated 25% growth when people were expecting 40%. While many predict NKE is going to have a bad quarter, "my sources indicate just the opposite," said Cramer, and suggested looking at DKS' quarter. Nike was at $54.25 on Monday, and Cramer comments it should reach $60 before it's fairly valued.
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Labels: DKS, FL, Jim Cramer, NKE, UA, Wall Street Confidential

Isdell Adds Life to Coke (NYSE: KO - News)
Continuing his series on "transformational CEOs," Cramer discussed Neville Isdell who transformed the "has been" company into one that is looking beyond carbonated beverages to new growth opportunities. Under previous management, Coke missed the opportunity to buy Quaker Oats and Gatorade, which was purchased by its nemesis, Pepsi. After losing significant ground, Coke is back, and its last quarter was " a wonder to behold," said Cramer. The company is expanding internationally and Cramer calls Coke Zero a "success story." He thinks this is just the beginning of Coke's comeback.

Next Week's Game Plan: Game Stop (NYSE: GME - News), Analog Devices (NYSE: ADI - News), Target (NYSE: TGT - News), CA (NYSE: CA - News), Dick's Sporting Goods (NYSE: DKS - News), Under Armour (NYSE: UA - News), Nike (NYSE: NKE - News)
Cramer would buy GME ahead of its Wednesday report, but only if it is down on Monday or Tuesday, and he also suggests buying ADI before its Tuesday report. He would pick up TGT and CA before they report earnings on Wednesday and would buy more TGT after Wednesday. Cramer would invest in UA and NKE before DKS reports on Wednesday.
Risky Delphi (Other OTC: DPHIQ.PK - News)
Although Delphi is bankrupt, trades on pink sheets and is around only $2 a share, three qualities he avoids in any stock, Cramer thinks "this company might have something big going on." First, Cerberus Capital Management and Appaloosa Management are offering Delphi a deal that would help get the company out of bankruptcy and may bring the stock up double. While Highland Capital Management values Delphi even higher, Cramer thinks the first deal is more likely to materialize. The stock is too risky for Cramer, who sees a two down, five up scenario; "but the two down could come first." However, he thinks Delphi may have an interesting story for the risk-takers.

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Labels: ADI, CA, DKS, GME, Jim Cramer, KO, Mad Money, NKE, TGT, UA

Bullish calls:Disney (NYSE: DIS - News): ' a good quarter... it will be trapped by the strike next week because it's expiration ... I'm staying bullish on DIS. Iger's doing a great job ... Do not be perturbed that the stock did not go up after that great quarter.'Nike (NYSE: NKE - News): ' ....There are unbelievable stocks like NKE at $103.'Under Armour (NYSE: UA - News): ' ... maybe a little UA wouldn't be so bad either.'Safeway (NYSE: SWY - News): 'I like SWY in that department because its got that division that makes gift cards.'Express Scripts (NasdaqGS: ESRX)RBC Bearings (NasdaqGS: ROLL): ' That's pin action off of almost every piece of machinery that built in this country.'Amerisafe Inc. (NasdaqGS: AMSF): ' This is an insurance company, and most people don't understand it... the stock is going higher.'Avis Budget Group (NYSE: CAR - News): ' I felt so bad because I told people not to buy it and it worked ... I still think that CAR is good. I think you've got a good situation.'Autonation (NYSE: AN - News)IAC/InteractiveCorp (NasdaqGS: IACI): 'Man, what a great quarter. Wall Street hated that quarter. I don't know why... Doug Lebda [CEO] and Barry Diller....they're buying back stock hand over fist. I don't know how they're going to get the respect of Wall Street but they got it in Main Street. The stock is headed to the mid-40s.'Harley Davidson (NYSE: HOG - News): 'The bears are all over it ... I think at $65, we pull the trigger again ... It's not expensive. I am not worried.'Intercontinental Exchange (NYSE: ICE - News): 'Iceman's darn good ... I was too negative ... Ilike all the exchange stocks, but ICE - I'm blessing it right here, right now.'Bearish calls:Finish Line (NasdaqGS: FINL): 'I cannot let that Bar Mitzvah money stay idle in FINL when there are unbelievable stocks like NKE at $103 .... I need you to make the change right now."Whole Foods Market (NasdaqGS: WFMI): ' I think WFMI is too risky ahead of its quarter. I say ixnay.'Caremark Rx (NYSE: CMX - News): 'If you own CMX, you will get a higher bid from CVS next week. Then you will ring the register, because ESRX will not pay more. You swap out of CMX and go right into ESRX.'Home Inns & Hotels Management Inc. (NasdaqGM: HMIN): ' ... bulls make money, bears make money, hogs get slaughtered.... I want you to cut that position right now.'Published By SeekingAlpha

Labels: AMSF, AN, CAR, CMX, DIS, FINL, HMIN, HOG, IACI, ICE, Jim Cramer, Lightning Round, Mad Money, NKE, ROLL, SWY, UA, WFMI

Apple (NASDAQ: AAPL - News): Cramer likes Apple, but since its iPhone will cost $599 including a two-year Cingular contract, he says he "needs to know more" before buying it up 7% at $91.58.
Nike (NYSE: NKE - News), American Eagle (NASDAQ: AEOS - News), K-Swiss (NASDAQ: KSWS - News), Abercrombie & Fitch (NYSE: ANF - News): According to value investor Bob Olstein's inventory information, Cramer says it is a good time to buy Nike and AEOS and to sell K-Swiss and Abercrombie. He added that Nike had a stellar quarter, AEOS "has the mojo" and that Olstein's research is "money in the bank."
Norson (NASDAQ: NDSN - News), Alcoa (NYSE: AA - News): Cramer says that anyone who stays invested in Latin America after Hugo Chavez, President of Venezuela, announced plans to nationalize energy and telecom is a "pig." In spite of its history of dividend raising, Cramer says he would have to do homework before recommending NDSN. Concerning news of big earnings in Canada's aluminum sector, Cramer added that Alcoa can wait.
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Labels: AA, AAPL, AEOS, ANF, KSWS, NDSN, NKE

10:00 am : Equities are still on the offensive as the bulk of industry leadership remains positive. However, while eight out of 10 sectors are trading higher, Energy pacing the way with only a 0.3% advance on what is expected to be a low-volume session ahead of the holiday weekend lends little conviction on the part of buyers. Consumer Staples ranks a close second following upside surprises from the likes of ConAgra (CAG 27.96 +1.11) and General Mills (GIS 58.89 +0.90), both of which are at new 52-week highs. Albeit not a sector component, Rite Aid (RAD 5.51 +0.14) swinging to a profit in Q3 leaves Drug Retail as one of this morning's best performing S&P industry groups. The absence of leadership from the Tech sector, following sales warnings from Jabil Circuit (JBL 24.55 -2.01) and PMC-Sierra (PMCS 6.68 -0.21), is contributing to the market's inability to move more aggressively to the upside. DJ30 +8.49 NASDAQ +2.53 SP500 +1.81 NASDAQ Dec/Adv/Vol 958/1562/152 mln NYSE Dec/Adv/Vol 1013/1629/70 mln
09:40 am : The market opens on an upbeat note as falling oil prices and a relatively encouraging batch of earnings reports help investors look past a downward revision to Q3 GDP. Before the bell, the Commerce Dept. showed that the U.S. economy grew at a slower pace (2.0%) than previously estimated (2.2%), marking the weakest quarter since Q4 of last year when the economy expanded at a 1.8% annual rate. Fortunately for the bulls, the dated nature of the report and the forward-thinking of the market have so far left investors more interested in the current strength of the economy and a focus on forecasts for 2007. DJ30 +10.28 NASDAQ +4.33 SP500 +1.96 NASDAQ Vol 78 mln NYSE Vol 40 mln
09:15 am : S&P futures vs fair value: +1.5. Nasdaq futures vs fair value: +1.5.
09:00 am : S&P futures vs fair value: +1.0. Nasdaq futures vs fair value: +1.5. S&P 500 and Nasdaq 100 futures continue to trade above fair value, but both contracts clinging to their positive bias leave little confidence that stocks will get back on the buying track following yesterday's breather. With the market having already sifted through most of the earnings news, investors may be waiting for today's Philly Fed data (12:00 ET) and testimony from Richmond Fed President Jeffrey Lacker (1:00 ET) to shed some more light on economic growth.
08:35 am : S&P futures vs fair value: +1.4. Nasdaq futures vs fair value: +2.5. The final read on Q3 GDP was surprisingly revised lower to 2.0% (consensus 2.2%) while the accompanying chain deflator -- a key measure on inflation -- ticked up slightly to 1.9% (consensus 1.8%). Initial claims rose 9K to 315K. However, given the dated nature of the GDP data, as well as the latest read on labor conditions merely matching economists' forecasts, neither report has had much influence on trading so far. Bonds, which were flat ahead of the report remain relatively unchanged; the 10-yr note is up 1 tick to yield 4.58%.
08:00 am : S&P futures vs fair value: +2.0. Nasdaq futures vs fair value: +1.0. Early indications are pointing to a slightly higher start for stocks. A pullback in oil prices and a batch of better than expected earnings results (e.g. NKE, CAG, GIS, PAYX, and ACN) are contributing to the positive disposition. However, with economic data returning to the forefront after a one-day hiatus, there is little conviction on the part of buyers as investors preoccupied with the pace of economic growth await the final read on Q3 GDP. Also hitting the wires at 8:30 ET, and possibly helping to set a more definitive tone to trading, will be weekly jobless claims that were compiled during the same week as the closely-watched payrolls report.
06:17 am : S&P futures vs fair value: +2.2. Nasdaq futures vs fair value: +2.5.
06:16 am : FTSE...6192.00...-6.60...-0.1%. DAX...6582.49...-4.42...-0.1%.
06:16 am : Nikkei...17047.83...+36.79...+0.2%. Hang Seng...19222.84...-17.28...-0.1%.
Source: Briefing.com

Labels: ACN, CAG, GIS, JBL, NKE, PAYX, PMCS, RAD

Nike Inc. said Wednesday that sales growth in Asia and a tax agreement with the Dutch government boosted earnings 8 percent in the second quarter for the world's largest athletic shoe and clothing company.Profits rose to $325.6 million, or $1.28 per share, from $301.1 million, or $1.14 per share, a year ago.Nike said the tax benefit claimed from the Dutch agreement boosted earnings per share by 13 cents -- but even without that benefit, the company beat Wall Street estimates of $1.12 per share.Sales increased 10 percent to $3.82 billion for the quarter ended Nov. 30, up from $3.47 billion in the same period last year."How are we doing? In a word, I'd say good," Nike Chief Executive Mark Parker said in a conference call with analysts.The other brands owned by the company were doing particularly well, Parker said, especially Converse, with revenue up nearly 50 percent.

Labels: Nike Inc., NKE

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Accenture (NYSE:ACN - News) beat earnings Wednesday afternoon, announcing $0.46 EPS over an expected $0.42 EPS. ACN's PowerRating is 6.
Cognos (NASDAQ:COGN - News) beat earnings after the close Wednesday with $0.48 EPS over an expected $0.43 EPS. COGN's PowerRating is 6.
Finish Line (NASDAQ:FINL - News) beat earnings on Wednesday afternoon; analysts were expecting -$0.08 EPS, but FINL came out with -$0.06 EPS. FINL's PowerRating is 6.
Nike (NYSE:NKE - News) barely beat earnings this afternoon, announcing $1.15 EPS over a consensus of $1.13 EPS. NKE's PowerRating is 6.
Paychex (NASDAQ:PAYX - News) also barely beat with $0.35 EPS over an expected $0.34 EPS. PAYX's PowerRating is 5.
General Mills (NYSE:GIS - News) reports earnings on Thursday before the bell; look for $1.03 EPS. GIS's PowerRating is 5.
Rite Aid (NYSE:RAD - News) reports quarterly earnings Thursday morning before the bell, with analysts expecting -$0.01 EPS. RAD's PowerRating is 8.
PowerRatings are courtesy of PowerRatings.net

Labels: ACN, COGN, FINL, GIS, NKE, PAYX, RAD