Jim Cramer's Mad Money Review

Bullish:
Google (GOOG): Cramer thinks the estimates are too low, and that the stock could go to $700.
Norsk Hydro (NHY): A great resource company in a market that loves resource plays.
National Oilwell (NOV): Cramer likes the stock and thinks they have a "hammerlock" on oil well building.
Apple (AAPL): Cramer is most bullish on Apple out of his "Four Horsemen of Tech." But thinks you should wait for a pullback.
Transocean (RIG): Thinks the stock is going back up to its 52-week highs.
Cytyc Corp (CYTC): "Buy, buy, buy!"

Bearish:
Bucyrus (BUCY): Cramer likes the stock, but he likes Caterpillar (CAT) better.
Vasco Data Security (VDSI): Rrecommends Oracle (ORCL) in the software sector.
ViroPharma (VPHM): Cramer said this is one of his worst picks ever. "Sell, sell, sell!"
Xinhua Finance (XFML): Cramer can't get any financial information, so he can't recommend the stock.
Terra Nitrogen (TNH): This stock is too hot for Cramer.
Halozyme Therapeutics (HALO): Cramer thinks Nastech Pharma (NSTK) is the better stock in that sector.
Sirius (SIRI): Waiting for a pull back before he will recommend it again.
Wynn Resorts (WYNN): Cramer thinks it's too hot, so he recommends investors be careful. "Don't buy."
Force Protection (FRPT): "Sell, sell, sell!"

Labels: AAPL, BUCY, CYTC, GOOG, Jim Cramer, Lightning Round, Mad Money Lightning Round, NHY, NOV, ORCL, RIG, VDSI

On today's show, Cramer started off by talking about the good news that General Motors (GM) received with the completion of their labor talks that he thinks will move the stock to $45, and the rumors that Warren Buffet is buying a stake in Bear Stearns (BSC) that will move it higher, along with other financial stocks Citigroup (C), AIG (AIG), J.P. Morgan (JPM), and American Express (AXP).

Cramer then started talking about buying inexpensive oil stocks when there is a pullback in oil prices. His stock choice is Gardner Denver (GDI) that will profit from higher oil prices and a weaker dollar. Compared with similar stocks such as Baker Hughes (BHI), National Oilwell Varco (NOV) and Schlumberger (SLB), Gardner Denver's multiple is too low.

Energy Stocks:
Transcanada (TRP): Enterprise Products Partners (EPD) is better.
Valero (VLO): Refining margins are killing the stock.
Transocean (RIG): He thinks the stock will go up when the GlobalSantaFe (GSF) merger is complete. Cramer also mentioned some Canadian Energy Trusts that he likes. The stocks are Canetic Resources (CNE), Pengrowth (PGH), Baytex (BTE), International PBX Ventures (PBX), Penn West Energy (PWE), and Advantage Energy (AAV).

Are You Diversified?:
Cramer recommended Caterpillar (CAT) to his first callers portfolio. He told his second caller to get rid of NYSE Euronext (NYX). Cramer told his third caller to hget rid of Pfizer (PFE).

Cramer spoke to the CEO of Genesis Lease (GLS) which Cramer recommended at $26. He said he was wrong to call the stock a buy then, but you should "back up the truck" now that it's at $22.

Finally, Cramer took three call in Sudden Death. He is unsure about Layne Christensen (LAYN), he likes Life Partners Holdings (LPHI) but is concerned about the large short interest, and thinks Danaher (DHR) is one of the best performing stocks in the S&P.

Labels: GDI, GM, Jim Cramer, JPM, Mad Money, Mad MOney Recap, NOV, SLB, TRP

Hedging Against the Fed: Grant Prideco (GRP), National Oilwell Varco (NOV)
Cramer thinks oil companies will be fine regardless of whether or not the Fed cuts, and while oils have been rising, GRP is the "ultimate laggard that is ready to roll." In spite of its "phenomenal" drill pipe business, GRP has not yet seen gains and its CEO has a tendency to underpromise and overdeliver, said Cramer. At $55, GRP is a "steal" compared to NOV which deals more with machinery while GRP, "the Gilette of oil service" deals with consumables.
RRSat Global Communications Network (RRST), Adobe Systems (ADBE)
This Israeli Satellite company is Bernanke-proof and has uplinks for 295 TV shows and 80 radio stations around the world. Cramer thinks RRST will continue to gain market share because it has the unique, cost-saving ability to deliver content in one satellite hop. Only 4 analyst cover RRST which has 2% of the market and 40% growth. Cramer warned viewers that the stock is speculative, should be bought next week and with market orders. He added a note that those who had bought ADBE should sell a bit because of recent run.
Mad Mail: Nvidia (NVDA), Caterpillar (CAT)
Cramer said he would buy NVDA on any weakness. He expressed disappointment at his inability to persuade people that CAT is not a housing play.
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Labels: ADBE, CAT, GRP, Hot Stocks, Jim Cramer, Mad Money, NOV, NVDA, RRST

1.
Apple (AAPL) - View IBD Stock Checkup

Composite Rating: 99*. Stock fell 14% in four days on talk that the company will cut production of iPods and iPhones, implying weak demand. But the stock found support at its 10-week moving average. And, on the whole, mutual fund ownership continues to rise. 3-year EPS growth rate: 9%.
2.
BG Group (BRG) - View IBD Stock Checkup

Composite Rating: 96. The U.K.-based oil and gas giant bounced back from two straight quarters of shrinking earnings with a 40% surge in the second quarter. And the stock just managed to reclaim its crucial 10-week moving average, after a plunge on heavy volume in late July. 3-year EPS growth rate: 39%.
3.
Celgene (CELG) - View IBD Stock Checkup

Composite Rating: 94. The developer of cancer and other therapies boasts five straight quarters of triple-digit profit growth. Sales have surged in a range of 61% to 89% the past four periods. And margins have widened from the low-20s to the low-30s. 3-year EPS growth rate: 93%.
4.
China Mobile (CHL) - View IBD Stock Checkup

Composite Rating: 98. The wireless company is based in Hong Kong but offers service across the mainland. A late July decline came on high volume, but the stock’s retreat from record highs hasn’t even touched its 10-week moving average. 3-year EPS growth rate: 28%.
5.
Freeport-McMoRan Copper & Gold (FCX) - View IBD Stock Checkup

Composite Rating: 99. The copper, gold and silver producer saw earnings dip 10% in the fourth quarter of 2006 from its year-ago comparison. But results bounced back the following two periods to gains of 95% and 104%. Sales gains slowed to 10% in that weak Q4, and have since soared 112% and 307%. Mutual fund ownership surged to 564 funds in the most recent period from 422 a year earlier 3-year EPS growth rate: 165%.
6.
Google (GOOG) - View IBD Stock Checkup

Composite Rating: 94. The Internet search giant’s most recent earnings disappointed Wall Street, and the stock suffered. Earnings growth in the past three quarters slowed from 106% to 61% to 43 3-year EPS growth rate: 95%.
7.
Mobile TeleSystems (MBT) - View IBD Stock Checkup

Composite Rating: 98. The Russia-based provider of wireless services also reaches a number of former Soviet republics. Sales gains have picked up to the 30s the past four quarters from a previous stretch in the 20s. Profit swelled 156% in the recent report, its best result in several years. 3-year EPS growth rate: 21%.
8.
National Oilwell Varco (NOV) - View IBD Stock Checkup

Composite Rating: 99. The Houston-based equipment maker for the oil and gas industry beat views by 25 cents when it reported $1.79 a share in its recent report. The company’s profit has soared in triple digits for three straight quarters. Views for the current period are for an 87% gain. 3-year EPS growth rate: 82%.
9.
Oracle (ORCL) - View IBD Stock Checkup

Composite Rating: 95. Stock fell 10%, intraday best to worst, in six straight sessions before snapping back Wednesday. Still, Oracle hasn’t quite regained its 10-week moving average. 3-year EPS growth rate: 25%.
10.
Southern Copper (PCU) - View IBD Stock Checkup

Composite Rating: 99. The operator of copper mines and refineries in Peru and Mexico missed views by 3% in report issued last month. Still, the recent quarter’s 66% profit gain was best result in seven quarters. 3-year EPS growth rate: 55%.

Published by IBD

Labels: AAPL, BRG, CELG, CHL, FCX, GOOG, MBT, NOV, ORCL, PCU

Six More Dow Stocks: International Business Machines (NYSE: IBM - News), Johnson & Johnson (NYSE: JNJ - News), J.P Morgan Chase (NYSE: JPM - News), McDonald's (NYSE: MCD - News), Merck Co. (NYSE: MRK - News), Microsoft (NasdaqGS: MSFT - News)
Cramer continued his series on Dow Stocks by admitting his target of $110 for IBM was too conservative, and given the company's great dividend and buyback, it should reach $114, but no higher. JNJ is a sell in spite of Warren Buffet's buying the stock. Cramer thinks it is staying at $63, and opines that maybe Warren Buffet liked the steady nature of the band-aid business, but adds "With so many other great names in the Dow, why back up the truck for band-aids?" Cramer called JPM's CEO Jamie Dimond a "great banker," but thinks he is going to be prevented from bringing out the best in JPM by the Fed; "Three more points for JPM, and then I'd declare victory." While MCD has a great international business, Cramer thinks it will peak 4 points from now at $55. Cramer says he was too conservative predicting MRK would go to $50, but at $53, he says the stock is "pretty much done for the year." On the other hand, he admits he was too bullish on MSFT, but is not changing his $35 target, since the company may underpromise and overdeliver.
Google (NasdaqGS: GOOG - News) and Amazon (NasdaqGS: AMZN - News)
Google has been stalled for a while, but Amazon has brought "in the jumper cables," says Cramer. AMZN's move from $39 to $69 makes GOOG look cheap in comparison, especially since Google has 63% sales growth and almost no competition while AMZN has 33% growth with competition from almost every retailer in America. Cramer sets the target for Google at $600, but admits he is being conservative.
Sell Block: CA Inc. (NYSE: CA - News), Analog Devices (NYSE: ADI - News)
Cramer declared a special "Crime and Punishment" edition of this week's Sell Block, inspired by the crime of his "hubris" (overweening pride) last week when he broke his own rule about avoiding tech until August. He now regrets having recommended CA which is down 7.4% since last Friday and ADI which he "missed by a mile."
Mad Mail: MEMC Electronic Materials (NYSE: WFR - News), Taser International Inc. (NasdaqGS: TASR - News), Rowan Companies Inc (NYSE: RDC - News), National Oilwell Varco (NYSE: NOV - News)
When a viewer asked how to play the shortage of polysilicon in Chinese Solar IPOs, Cramer said WFR is the obvious choice, but it missed the quarter and at $58, it's a "no-go." Cramer told another viewer to hold on to Taser, which he recommended ahead of the French election, for at least a few more points. Cramer says RDC has "too much actual drill for me" and says NOV is still "best in show."

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Labels: ADI, AMZN, CA, GOOG, IBM, Jim Cramer, JNJ, JPM, Mad Money, MCD, MRK, MSFT, NOV, RDC, TASR, WFR

OM Group (NYSE: OMG - News), Fuel Tech (NasdaqGM: FTEK), Foster Wheeler (NasdaqGS: FWLT), Shaw Group (NYSE: SGR - News)
Completing his week-long segment which featured "green" stocks, Cramer unveiled his two favorite environmental companies: OMG and FTEK. OMG has 25% of the world's supply of cobalt which is used for hybrid car batteries. Cramer predicts cobalt should remain stable or go higher, especially since there are no new sources until 2009. OMG also has exposure to copper, which Cramer thinks will become more valuable, and is fixing its balance sheet. While he recommended FWLT and SGR earlier in the week as clean power picks, Cramer says they are for conservative investors, but for those who are looking for some risk, he likes FTEK as the ultimate speculative Green Day play. The company has technology to make coal power cleaner by reducing nitrogen-oxide emissions and has been getting "contract after contract." Since 49% of electricity in the US is derived from coal, and ethanol is not yet efficient, FTEK is "pretty important." On a general note, Cramer said even though the market is up, he is still bullish; “I am not exaggerating when I say the best is yet to come. We are going to be up 17%" this year."
Picks for the Week Ahead: VF Corp. (NYSE: VFC - News), Parker-Hannifin (NYSE: PH - News), Eaton (NYSE: ETN - News), Honeywell (NYSE: HON - News), Akamai Technologies (NasdaqGS: AKAM), Apple (NasdaqGS: AAPL), Boeing (NYSE: BA - News), PepsiCo (NYSE: PEP - News), Allegheny Technologies (NYSE: ATI - News), Exxon Mobil (NYSE: XOM - News), Halliburton (NYSE: HAL - News), Level 3 Communications (NasdaqGS: LVLT), NYSE (NYSE: NYX - News), Cummins (NYSE: CMI - News), National Oilwell Varco (NYSE: NOV - News)
While Monday will be quiet, Cramer says there will be a lot going on the market for the remainder of the week. On Tuesday, VFC and PH will report, and he expects an upside for both companies since VFC is a "Benefit of the Doubt" play, and he predicts PH will ride the wave with ETN and Honeywell. Wednesday will be busy, and Cramer limited his picks to five; he would buy Akamai for its streaming video and Apple for its iPhone ahead of their earnings reports, BA because it is going to $100, and ATI which will report a "giant number" and Pepsi. On Thursday, he would take a look at XOM, which will report, as well as HAL and LVLT, both of which have "lagged” but may run. Cramer's growth stock of the year, NYX, also reports on Thursday. Cummins and NOV are on the agenda for Friday and are “not done going up"
Mad Mail: Lamson & Sessions (NYSE: LMS - News), Charter Communications (NasdaqGM: CHTR), Dynegy (NYSE: DYN - News), Rite Aid (NYSE: RAD - News)
Cramer likes LMS as a potential acquisition and predicts the risk/reward is 1 point down and 6 points up. Concerning the CNBC 's Million Dollar Portfolio Challenge, Cramer said his favorite stocks are CHTR, DYN and RAD as "great single-digit plays and LVLT as a "good game name."
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Labels: AAPL, AKAM, ATI, BA, CMI, DYN, HAL, Jim Cramer, LMS, Mad Money, NOV, NYX, OMG, PEP, PH, RAD, SGR, VFC, XOM

General Maritime (NYSE: GMR - News): 'GMR, my favorite tanker!'Nastech Pharmaceutical (NasdaqGM: NSTK): 'I like this, because I feel like there's a lot of ways to win: There's autism, there's obesity, insulin... Meantime, nobody likes the stock. But it's got a lot of money.'Transocean (NYSE: RIG - News): 'We have been recommending RIG for the last 7 points.'CMGI (NasdaqGM: CMGI): 'I believe that this company - if it did a 10 for 1 reverse split, people would be all over it like a cheap suit. CMGI has real earnings. It's got a business-to-business model that works. Here's the problem: It's up 74%. We know we should let it cool off a little, and then we should pull the trigger.'J.C. Penney (NYSE: JCP - News)Williams Companies (NYSE: WMB - News)Natco (NYSE: NTG - News): ' This company, NTG, is one of those companies that we've seen ... that could get a bid, and yet the earnings are really good. I like your call. I think NTG should be added into my closely-followed companies that I like in the drilling patch.'National Oilwell Varco (NYSE: NOV - News)Movado (NYSE: MOV - News): 'This is a stock that I recommended on Friday's show at $30. It's now about $35. I'm beginning to think there's too much love being shown to MOV, but I do expect a dynamite quarter ... if I had not bought any yet, now I want to wait for a little pullback. 'Landec (NasdaqGS: LNDC): ' They just reported a good quarter... I still like LNDC.'Archer-Daniels-Midland (NYSE: ADM - News)Monsanto (NYSE: MON - News):Freeport-McMoRan (NYSE: FCX - News): 'FCX remains best in show.'Southern Copper (NYSE: PCU - News): 'PCU is the real deal. I think copper is going to remain in short supply for the next couple of years.'Buffalo Wild Wings (NasdaqGS: BWLD): 'Sally Smith may be the single best CEO in the restaurant business, but does she get any respect? ... even at $64 - because that combination of beer and hot sauce is a total winner. I want you to stick with Sally. I want you to stick with BWLD.'
Bearish calls:
Pioneer Drilling (AMEX: PDC - News): 'Noooo! That's a land driller. We don't like the land drillers.'American Eagle Outfitters (NYSE: AEO - News): I do believe that you're taking a risk, but you're talking about a business in retail that is fickle... '
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Labels: AEO, CMGI, FCX, GMR, JCP, Jim Cramer, LNDC, Mad Money, MON, MOV, NOV, NTG, PCU, PDC, RIG, WMB

Oil is Well: BP (NYSE: BP - News), Exxon Mobil (NYSE: XOM - News), ConocoPhillips (NYSE: COP - News), Chevron (NYSE: CVX - News), Schlumberger (NYSE: SLB - News), National Oilwell Varco (NYSE: NOV - News), GlobalSantaFe (NYSE: GSF - News), Halliburton (NYSE: HAL - News), KBR (NYSE: KBR - News) and Transocean (NYSE: RIG - News)
Cramer sees buying opportunity in the oil sector because market players are "not looking at the right things" but are instead paying attention to weather and inventory numbers. "Base your decisions on how its customers are doing," urged Cramer, saying earnings are not a good indicator right now, and the only major integrated oil he is recommending is BP, based on its yield rather than its earnings. "The only safe and profitable place to be" is drilling, commented Cramer, and he cited a XOM statement that it had been too conservative with oil production and said he expects to hear the same thing from COP and CVX. Cramer would buy deepwater drillers ahead of analyst meetings, picked only five worth owning in 2007 and ranked them in descending order.
5. Schlumberger: an undervalued stock4. National Oilwell Varco: The only company that develops rigs that dig deeply enough. NOV has "years of backlog" which should keep estimates up.3. Global Santa Fe: has an aggressive buyback2. Halliburton: Although many do not like the company's move to Dubai, Cramer feels it is a necessary strategy to gain back market share from SLB. He predicts HAL will "jump up fast" on a tender offer because of its KBR spinoff. He would hold HAL after the spinoff.1. Transocean: "How can you not own a rig stock that's called RIG?" Cramer said of his number one oil-drilling pick, and added that day rates are "skyrocketing," RIG is a good takeover or merger target, and since options expiration is coming up, "this stock is going to end at $75 at the end of the week," which Cramer feels is a good entry point. On Monday, RIG was sitting at $76.62. Hansen Medical (NasdaqGM: HNSN), Intuitive Surgical (NasdaqGS: ISRG) and Stereotaxis (NasdaqGM: STXS)
Hansen Medical could be "the next Intuitive Surgical," a stock which has risen 1, 124 %since its IPO in 2000, says Cramer, and he says subpharma is the place to be since it is immune from subprime problems. HNSN makes robotic catheters that are easy to maneuver, has a "big target market," and although its machine hasn't been approved yet, Cramer believes it will be approved first in Europe and then in America by the end of the year. Although the company is losing money "hand over fist" and does not yet have any revenues, Cramer would buy the stock, albeit with tight limit orders and only after doing homework. Although HNSN does not quite have a monopoly, its machine is cheaper than that of its sole rival STXS.
Mad Mail: Altria (NYSE: MO - News) and Celgene (NasdaqGS: CELG)
Cramer suggested owning the regular Altria stock instead of the new MO-issued shares, but told investors to wait until he did a segment on the stock. He urged an investor who sold CELG to buy it back.
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Labels: BP, COP, CVX, GSF, HAL, Jim Cramer, KBR, Mad Money, MO, NOV, RIG, SLB, XOM

Case for Trades: Marvell (NasdaqGS: MRVL)
Cramer discussed the outdated stigma that surrounds trading, and said that there is no reason to avoid trades now that taxes and commissions are the lowest he has seen them. "Buy and hold" doesn't cut it anymore, he commented, adding that his Mad Money picks are not meant to be held forever; investors "should try to buy as low as possible and sell high ... That doesn't make you a trader. It makes you an intelligent manager of your own money." In spite of an upgrade by Deutsche Bank and J.P Morgan, semiconductor stocks will not be strong until the middle of the year, and he expects MRVL to get hit harder than the rest. However, Cramer would buy the stock low because "Marvell is not a trade. It's not an investment. It's just a good idea." He would pick up the stock below $18 before it reports, but would do homework first.
Oil is Well: National Oilwell Varco (NYSE: NOV - News), Teneris (NYSE: TS - News), Hydril (NasdaqGS: HYDL)
Although The Street has abandoned oil, Cramer likes NOV, since it "is the biggest maker of oil rigs on earth," reported an amazing quarter and is cheap. He points out that just as Teneris has agreed to buy HYDL for $97 a share, another buyer could pick up NOV. Cramer would buy some before it gets a takeover bid.
Q & A and Mad Mail: Sears Holdings (NasdaqGS: SHLD), Sprint (NYSE: S - News), Electronic Arts (NasdaqGS: ERTS), THQ (NasdaqGS: THQI), Domino's (NYSE: DPZ - News), Diageo (NYSE: DEO - News), Vonage (NYSE: VG - News)
Cramer says that he is recommending SHLD because it could be another Berkshire Hathaway, but said that he would get rid of the stock if he saw "deviation from... the Berkshire plan." Concerning Sprint, he says he would not recommend a stock when its fundamentals are deteriorating, and adds, "I keep waiting till the estimates get so low that they can't deteriorate further," and says that he would back up the truck when that happens. While the success of one game would not make such an impact on $15 billion company ERTS, it could affect$2 billion company THQ, and since the stock is expensive, Cramer would not buy it. Cramer says that "the worst is over" for DPZ, and would hold on to it, since it is a good chain. Finally, Cramer says Diageo is "terrific" and VG is "radically overpriced."
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Labels: DEO, HYDL, Jim Cramer, Mad Money, NOV, S, SHLD, TS, VG

National Oilwell Varco (NYSE: NOV - News): Cramer hails NOV as a buy "right here, right now," since the company has a "sanctioned monopoly" on the oil rig business and is printing money "like the U.S. Mint." Cramer predicts that NOV, which rose $4 to $64 on Tuesday to reach $70 "in a heartbeat."
FedEx (NYSE: FDX - News) and UPS (NYSE: UPS - News):Cramer comments that this "best in show" stock is rather inexpensive and that it will profit from UPS' difficulties. He predicts that the stock will rise 30% from $114.
Countrywide (NYSE: CFC - News):On the news of bankruptcy in the subprime lending sector, Cramer would buy best-of-breed CFC which should sieze market share.
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Labels: CFC, FDX, Jim Cramer, NOV, UPS