Jim Cramer's Mad Money Review

On Tuesday on CNBC's "Stop Trading!" segment, Jim Cramer said that Exxon Mobil(XOM) was his "tell" for predicting a bottom in oil. On Wednesday's segment, he said Exxon is also the stock he looks to to predict whether there will be an end-of-the day rally.
He told viewers to start watching the stock at about 3 p.m. EST. "This stock will predict it. If this stock goes positive by 3:30, you will see one of those end-of-the-day ramps 90% of the time, regardless of where oil is," he said. "This stock has been the key to every single rally."
He said there's no need to watch any other stock to predict a rally, "with the possible exception of Apple(AAPL)."
"Just watch Exxon," he said. "When that stock goes positive, you're going to get a rally."
With the impending release of Research In Motion's(RIMM) BlackBerry Storm and a recent buy recommendation on the stock from Goldman Sachs, investors are watching RIM, too. "If you're a bull, you know that five other analysts are going to recommend RIM," Cramer said, "and maybe you catch three points, which in this market is monumental."
Cramer also addressed the yields of New York Times(NYT), which pays a 13% dividend, and Gannett(GCI), which pays close to 22%. "I don't know," said Cramer. "When I start seeing dividends of 22%, it raises eyebrows."
Published By TheStreet.com

Labels: APPL.PK, Apple Inc., CNBC's Stop Trading, Gannet, GCI, Jim Cramer, New York Times, NYT, Research in Motion, RIMM, Stop Trading

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"
Published by SeekingAlpha.com

Labels: CMG, FCX, Hot Stocks, Jim Cramer, Jim Cramer's Stop Trading, KO, LMC, NYT

Bullish calls:
Best Buy (BBY): I think Best Buy does the job. OceanFreight (OCNF): We like dry bulk shipping! Eagle Bulk Shipping (EGLE): That group rocks!
Bearish calls:
Circuit City (CC): Existential crisis here. I'm having trouble trying to figure out why Circuit City stays in business, to be honest.
Build-A-Bear (BBW): I don't even want to get near that stock. That one is a House of Pain. Wyeth (WYE): .It has been just a terrific performer this year. ...I want you to take some off the table. It's just not that good a company. Synaptics (SYNA): It has been a good winner. It is all the way up. But I just have to give you a Don't Buy. Unisys (UIS): I can't get behind the stock whatsoever. That's old technology. That ain't workin. Martha Stewart (MSO): Disappointing. By the way, I can't get behind anything print. New York Times (NYT): Very worrisome.
Published by SeekingAlpha

Labels: BBW, BBY, CC, EGLE, Jim Cramer, Lightning Round, MSO, NYT, ONCF, SYNA, UIS, WYE

Here are 7 stocks for traders for Wednesday from TradingMarkets.com:
Amazon.com (NasdaqGS:AMZN - News) beat earnings on Tuesday, reporting $0.19 EPS over an expected $0.16 EPS. AMZN's PowerRating is 8.
Boeing (NYSE:BA - News) should report $1.16 EPS on Wednesday before the market opens. BA's PowerRating is 4.
When Colgate-Palmolive (NYSE:CL - News) announces earnings early Wednesday morning, look for $0.83 EPS. CL's PowerRating is 5.
ConocoPhillips (NYSE:COP - News) is expected to announce $2.68 EPS on Wednesday morning before the market opens. COP's PowerRating is 7.
Analysts will be watching for Xerox (NYSE:XRX - News) to report $0.27 EPS tomorrow morning. XRX's PowerRating is 6.
When New York Times (NYSE:NYT - News) reports earnings early tomorrow morning, be watching for $0.31 EPS. NYT's PowerRating is 5.
Tribune (NYSE:TRB - News) should report $0.49 EPS tomorrow morning. TRB's PowerRating is 5.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: AMZN, BA, CL, COP, Hot Stocks, NYT, TRB, XRX

Maurice Greenberg, the former head of insurer American International Group Inc. (AIG.N: Quote, Profile, Research), has been buying shares of New York Times Co. (NYT.N: Quote, Profile, Research) to try to break the Sulzberger family's hold on the media company, the New York Post reported on Wednesday, citing unnamed sources. Greenberg has been buying hundreds of thousands of Times shares, the Post reported, putting him in league with other shareholders, such as Morgan Stanley Investment Management (MS.N: Quote, Profile, Research), who have been questioning the Sulzbergers' holding of a more powerful class of stock. The New York Times, whose shares gained more than 4 percent in morning trading, was not immediately available for comment. New York Times shares gained 98 cents, or 4.3 percent, to $24.02 on Wednesday, but are still far from their 52-week high of $28.98 on February 22, on the New York Stock Exchange.
Source: Reuters.com

Labels: AIG, media, MS, NYT

Maurice Greenberg, the former head of insurer American International Group Inc. (AIG.N: Quote, Profile, Research), has been buying shares of New York Times Co. (NYT.N: Quote, Profile, Research) to try to break the Sulzberger family's hold on the media company, the New York Post reported on Wednesday, citing unnamed sources. Greenberg has been buying hundreds of thousands of Times shares, the Post reported, putting him in league with other shareholders, such as Morgan Stanley Investment Management (MS.N: Quote, Profile, Research), who have been questioning the Sulzbergers' holding of a more powerful class of stock. The New York Times, whose shares gained more than 4 percent in morning trading, was not immediately available for comment. New York Times shares gained 98 cents, or 4.3 percent, to $24.02 on Wednesday, but are still far from their 52-week high of $28.98 on February 22, on the New York Stock Exchange.
Source: Reuters.com

Labels: AIG, media, MS, NYT