Jim Cramer's Mad Money Review

"Retail's a different animal when things get bad," said Jim Cramer on Tuesday's "Stop Trading!" segment on CNBC. "When we get double-digit unemployment, everything goes."
He said the dollar stores, such as Family Dollar(FDO), are the only thing that might be safe. Not even Sears(SHLD), which he said is not over-leveraged and has a "really good" balance sheet, can avoid the fate of retailers such as Saks(SKS).

"Why should Sears be immune from this?" he said.

"Eddie's my friend," said Cramer, referring to Sears Chariman Eddie Lampert, but "he's got Home Depot(HD) going against him and Lowe's(LOW) going against him."

Addressing big oil, Cramer said that Exxon Mobil(XOM) is his tell. Cramer said that when oil was at $80 to $100, stocks such as Exxon "telegraphed a dramatic decrease in oil" to $60.

Exxon "predicted everything that happened, and it was six months ahead of everything," he said. "And that stock's done going down."

If Exxon was right before, Cramer said, it might be right again. Now he sees a bottom for oil in the $50s and a $2 bottom in gasoline. "You have to believe that oil might be bottoming, because that's what the stocks told you before," he said. He also mentioned that Anadarko (APC) "has moved up lately."
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Labels: Anadarko, CNBC's Stop Trading, Exxon Mobil Corp., Family Dollar, FDO, HD, Home Depot, Jim Cramer, LOW, Lowe's, Sears Holding, SHLD, SKS, Stop Trading, XOM

Wells Fargo's(WFC) a winner here, said Jim Cramer on the Stop Trading segment on CNBC Thursday.
He urged people to look back at the early 1990s, when what was to become Bank of America(BAC) bought Security Pacific. It was completely unbelievable, impractical, he said. No one believed it, and yet that's when Bank of America became a great bank.
Now Wells Fargo is in a position to acquire Lehman Brothers (LEH)or Washington Mutual(WM) should either be seized by the government - something that needs to happen to avoid a great depression, he said. The bank system's falling apart. Let's save it before it goes to zero.
He distinguished the dysfunctional banking system from the economy at large and said he expects a huge holiday season. I'm paying $2.50 at the pump, he said. Mortgage rates are the lowest they've been. He recommended buying Sears (SHLD) He also saw bullish signs in falling oil prices. Oil going down through $100 is really, really bullish, obviously, for a lot of the market, not for the oil stocks, he said, though some of those are going up, too, due to the hurricane.
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Labels: CNBC's Stop Trading, Jim Cramer, LEH, Lehman Brothers, Sears Holding, SHLD, Stop Trading, Washington Mutual, Wells Fargo, WFC, WM

Get into General Motors (GM), Jim Cramer said on CNBC's "Stop Trading!" segment Tuesday.
The auto giant is a "heavily unionized company, and it's going to be non-unionized," Cramer said. "This is a non-union company very soon. I salute GM." He recommended preferred shares for more conservative investors.
Cramer weighed in on Kynikos Associates' Jim Chanos' short position in bond insurers MBIA (MBI) and Ambac (ABK). The move makes "a huge amount of sense," Cramer said. "The Buffett thing is really bad" for these companies.
"I admit Chanos is a rigorous thinker. I have watched his thinking for 20 years," Cramer added, recalling the investor's excellent call on Boston Chicken, which filed for bankruptcy in the late 1990s.
Cramer also discussed Pershing Square Capital founder Bill Ackman's call on Sears (SHLD). Cramer agrees with Ackman's long position in the retailer. "In Eddie Lampert I trust," he proclaimed, referring to Sears' chairman. "I'm not going back on my view."
Cramer continued, "It's very clear that this is a housing recession and [Sears is] housing." He said he thinks critics have been too hard on Lampert and Sears.
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Labels: ABK, CNBC's Stop Trading, GM, Jim Cramer, MBI, SHLD, Stop Trading

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

Bullish
AT&T (T),Verizon (VZ),Boeing (BA)- BullishSears (SHLD)- bullish because they are buying back a lot of stock, they have large real estate holdings, and their earnings from Sears Canada will be strong.National Oilwell Varco (NOV) and Transocean (RIG)- likes both.Freeport-McMoRan (FCX),comScore (SCOR)- recommended a couple weeks ago..still bullish.Oshkosh Truck (OSK),Masimo (MASI)- Cramer had the CEO on the show a couple weeks ago and he was bullish on the stock, and now Cramer agrees.First Solar (FSLR),SunPower (SPWR)MEMC Electronic Materials (WFR).
Bearish
MetroPCS Communications (PCS)- thinks AT&T (T) and Verizon (VZ) are better wireless plays.Titanium Metals (TIE)- recommended Freeport McMoran (FCX) instead.Allegheny Technologies (ATI),Spartan Motors (SPAR)- likes Oshkosh Truck (OSK) instead.LDK Solar (LDK)- stay away.lululemon (LULU)- ring the register.

Labels: ATT. T, BA, FCX, Jim Cramer, Lightning Round, Mad Money Lightning Round, RIG, SCOR, SHLD, VZ

Bullish:
Nvidia (NVDA): Semiconductor play of choice.
Dynegy (DYN): Cramer thinks a buy below $9.
SunPower (SPWR)
First Solar (FSLR).
Taser (TASR): "Ring the register."
Bearish:
Sears Holdings (SHLD): Needs housing to do better
DSW (DSW): Can't get behind
Metabolix (MBLX): First Solar or Sun Power instead
Vasco Data Security (VDSI)

Labels: DSW, DYN, FSLR, Jim Cramer, Mad Money Lightning Round, MBLX, NVDA, SHLD, SPWR, TASR, VDSI

Costco (COST), Wal-Mart (WMT), Kroger (KR), Safeway (SWY), Home Depot (HD), Sears (SHLD), Lowe's (LOW), Kohl's (KSS), J.C. Penney (JCP), Macy's (M)
When retail swoons, bears are quick to blame the sluggish consumer, but Cramer believes a more nuanced view is in order. Even though consumers don't want to shop at Wal-Mart, Safeway or Kroger because of boredom, or at Home Depot, Lowe's and Sears because of housing problems doesn't mean they don't want to shop. Today's consumer wants to be entertained, pampered and is looking for a bargain, said Cramer. Target and Wal-Mart no longer provide this experience, but Costco is fitting the bill because "it is a better place to shop." The consumer is not interested in Kohl's, J.C. Penney or Macy's, particularly the latter, since the stores have gone downhill because of the consolidation, said Cramer. While Kohl's is okay, its merchandise did not fit the weather. However, Costco is "a more exciting, treasure-hunt place to shop," Cramer said. "I think you're seeing a tiering here and the tiering has to do with execution, performance and fun to shop, not the consumer."
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Labels: COST, HD, JCP, Jim Cramer, KR, KSS, LOW, M, SHLD, SWY, Wall Street Confidential, WMT

Bullish:

Excel Maritime (EXM): bullish on all dry bulk shipping companies.
Companhia Vale do Rio Doce (RIO): Cramer thinks this stock should go higher
Range Resources (RRC): Cramer likes this stock along with the other cheap oil companies
Quicksilver Resources (KWK)
Rosetta Resources (ROSE)
XTO Energy (XTO): his favorite in the sector
Celgene (CELG): one of the best picks he has ever made.

Bearish:

Navteq (NVT): Cramer thinks it's time to ring the register
Garmin (GRMN)
Urban Outfitters (URBN): Cramer's not a fan.
Western Union (WU): This stock doesn't have enough upside.
Nastech (NSTK): Wouldn't recommend buying it until it goes back to $12.
Citigroup (C): Undervalued, but he's not a fan of CEO Chuck Prince.
Sears (SHLD): Cramer isn't urging people to buy

Labels: C, CELG, EXM, GRMN, Jim Cramer, KWK, Lightning Round, Mad Money, NSTK, NVT, RIO, ROSE, RRC, SHLD, URBN, WU, XTO

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

Bullish calls:
CME Group (CME): "The stock has been marking time. ... I think when we see the quarter it's going to be a rally like you wouldnt believe ... I say buy one share. ... It's a coiled spring." EMC (EMC): "We are looking at six months before EMC fully reflects the price of VMware." Parker-Hannifin (PH): "A remarkable company ... businesses are spread out. When it got to 80, I said it could go to 120. I reiterate that's where it's going." Union Pacific (UNP): "I like the rails ... and I'm going to send you to Union Pacific." Burlington Northern Santa Fe (BNI) Texas Instruments (TXN):" … is a monster good company to own at this point in the cycle." Nokia (NOK): Freeport-McMoRan (FCX): "I'm sending you to FCX." Goodyear Tire (GT): "I like the other side of the trade. I like the oil stocks." Rosetta Resources (ROSE): "Too cheap ... knocked down on litigation. Pull the trigger Rosetta." Crocs(CROX) Sirius Satellite Radio (SIRI)
Neutral calls:
Sears Holdings (SHLD): "Until we fix the housing morass, you're not going to make a lot of money in Sears. I'm in a holding pattern with Sears."
Bearish calls:
Delta Air Lines (DAL): "I don't want to own any airline here. I am a believer that oil is not done going up." Warner (TWX)
Comcast (CMCSA) Charter Communications (CHTR)
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Labels: BNI, CHTR, CMCSA, CME, CROX, DAL, EMC, FCX, GT, Jim Cramer, Lightning Round, NOK, PH, ROSE, SHLD, SIRI, TWX, TXN, UNP

Bullish Calls:
CME Group (CME): Cramer referred to CME as a "coiled spring" that will go up after it announces earnings. EMC (EMC): EMC's stock price isn't reflecting the value of VMware (VMW), but Cramer thinks it will in about 6 months. Cramer thinks Freeport-McMoRan (FCX) is the best stock in the copper sector. Parker-Hannifin (PH): Cramer thinks this stock is a winner. Burlington Northern (BNI): Cramer likes the rail sector, but he thinks Union Pacific (UNP) is a better play than BNI. Texas Instruments (TXN): Cramer thinks this is a good company to own. Goodyear Tire (GT): Cramer likes this better than Michelin, but he would rather be in oil service plays rather than oil consumers. Rosetta Resources (ROSE): Cramer says to "pull the trigger." Sears Holdings (SHLD): Cramer says to hold it if you already own the stock, and to stay away if you are thinking about buying.
Bearish Calls:
Delta (DAL): Cramer said, "I don't want to own any airline here," because he thinks oil is going higher. Alpha Natural Resources (ANR): Cramer is staying away from the coal sector until new carbon dioxide regulations are passed. Cramer says stay away from Peru Copper (CUP).

Labels: ANR, BNI, CME, CUP, DAL, EMC, FCX, GT, Jim Cramer, Lightning Round, Mad Money, PH, ROSE, SHLD, TXN, UNP, VMW

FMC Technologies (NYSE: FTI - News): 'It's pulled back a dollar. I like the group. I like FTI'.Rite Aid (NYSE: RAD - News): 'I want to pull the trigger right there! I think that's a great situation!'EMC (NYSE: EMC - News): 'The stock just takes off, and now it seems the stock is at $19.05. I think it goes to $23. It's not too late to pull the trigger on EMC.'TJX (NYSE: TJX - News): 'I think TJX is one you want to own after the quarter.' Costco (COST - Cramer's Take - Stockpickr - Rating), Costco (NasdaqGS: COST - News): 'Can I also point out that Costco was down today, and I think COST is just a classic situation.'Siemens (NYSE: SI - News): 'I'm surprised the stock was down badly... I like that stock. I like the German market. It's the strongest in the world among developed countries... I want to buy some.'Schlumberger (NYSE: SLB - News): 'But SLB, at 17x earnings, is way too cheap.'Conco Philip (NYSE: COP - News): 'I've been buying that one for my charitable trust... I think, down below $80, that's perfect.'Corning (NYSE: GLW - News)First Solar (NasdaqGM: FSLR - News): 'Nice pullback after a really good quarter. With oil staying high, that's the one I want to be in. 'Arris Group (NasdaqGS: ARRS - News): 'That was terrific. I think ARRS is a good place to be. I don't want you to leave it. I want to stick with that.'ABB (NYSE: ABB - News): 'They're the best in that business.'Gentiva Health Services (NasdaqGS: GTIV - News): 'This is the home healthcare story that I like very much.'Sears Holdings (NasdaqGS: SHLD - News): 'I say, you know I'm sticking with Eddie. I own it for my charitable trust... I refuse to quit on it. I refuse to quit, because he's a winner, and he's made me money.'TBS International (NasdaqGM: TBSI - News): 'I like Expeditors in that category. I think that's a better one... 'Goldman Sachs (NYSE: GS - News): 'Everybody hates Lloyd Blankfein. They think he's an idiot. They think my alma mater's moronic... I don't know. I'd like to buy the stock here.'
Bearish calls:
Harley-Davidson (NYSE: HOG - News): 'This stock has finally broken down from that $60 level... I think it's headed lower. I don't want to be there... Sell, sell, sell... I think you should sell it.'Optium (NasdaqGM: OPTM - News): ' ... that has been a tough one.'Evergreen Solar (NasdaqGM: ESLR - News): ' I'm going to have nix that one. Sell, sell, sell!... 'USEC (NYSE: USU - News): 'I don't want to own uranium. I think uranium is too far out in the future.'WCI Communities (NYSE: WCI - News): 'I looked at the balance sheet and I don't like it. Why don't I leave it at that. Sell, sell, sell....'
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Labels: ABB, ARRS, COP, COST, EMC, FSLR, FTI, GLW, GS, GTIV, Jim Cramer, Lightning Round, RAD, SHLD, SI, SLB, TBSI, TJX

Woodward Governor (NasdaqGS: WGOV - News): 'That's in the bull market of aerospace. It's in the bull market of infrastructure.'Caterpillar (NYSE: CAT - News)Sears Holdings (NasdaqGS: SHLD - News): 'Everybody's decided ... it's too hard ... am not giving up on Eddie Lampert. Let everyone else give up. I am not. I'm with him.'Toyota Motor (NYSE: TM - News): 'Long term, Toyota's the winner. ... In 2010, this company's going to own the world. Now, if you can't take the pain between now and 2010, by all means, go buy a mutual fund.'Macy's (NYSE: M - News): 'They've all given up on Macy's. ... Me? I don't know. Terry Lundgren's pretty good. .... I'd rather pull the trigger. I'd rather run toward what looks like a house of pleasure.'
Bearish calls:
Manitowoc (NYSE: MTW - News): 'This stock has just been hammered unfairly. ... We've got to wait till it settles, and it's not going to settle, because it's still in freefall.'Alcoa (NYSE: AA - News): 'It did not get the bid in the end ... it's trading only on fundamentals. On fundamentals, it's worth $35. ... I got too greedy on Alcoa.'
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Labels: AA, CAT, Jim Cramer, Lightning Round, M, MTW, SHLD, TM, WGOV

That 80s Show: ConocoPhillips (NYSE: COP - News), Energizer Holdings (NYSE: ENR - News)
Continuing the series on his theory that stocks which reach $80 rise to $100 and then to $120 in a bull market, ConcoPhillips, Cramer's favorite integrated oil, was up to $84 on Tuesday, close to its 52-week high on the company's $15 billion buyback authorization. Although COP has jumped, Cramer says it is the kind of stock to buy high and sell higher. COP is an "anointed stock" which is down 3 points since the selloff, and will experience "smooth sailing" to $120. Energizer, just shy of $100 is headed to $120 because its iPod batteries will provide 46 more hours of playtime between charges, opined Cramer. In October, the company will introduce a charger that will revitalize "dead" iPod batteries. In addition, ENR is among the top 4 or 5 in share buybacks, and Cramer sees an ENR upgrade on the horizon.
Four Horsemen of Mining: CVRD (NYSE: RIO - News), BHP Billiton (NYSE: BHP - News), Rio Tinto (NYSE: RTP - News), Teck Cominco Ltd. (NYSE: TCK - News)
Cramer added TCK to his three wise men of metals: RIO, BHP and RTP to form the four horsemen of mining. In spite of TCK's smaller size, Cramer thinks it will perform as well as the others. Although its specialty is zinc which is not so hot, Cramer notes inventories of this essential metal which is used to make steel and batteries are dwindling. TCK is diversifying away from zinc and has made a bid for Auy Resources, an acquisition which will dramatically increase TCK's exposure to copper and to China, which consumes 30% of the tawny metal. Cramer adds, with the addition of Auy, TCK will be a great way to play China without the risk of owning a Chinese stock.
CEO Interview: Christopher Clement of Savient Pharmaceuticals (NasdaqGM: SVNT - News)
Christopher Clement discussed gout drug Puricase which in in Phase III of its trials before going to the FDA for approval. The drug is expected to launch in 2009, and Cramer calls Puricase "gigantic ... I think you stick with SVNT, and buy it down on any weakness."
Tears for Sears (NasdaqGS: SHLD - News)
Cramer remarked he was disappointed about SHLD's 17 point decline and added the company has to start selling real estate. However, he would hold it for at least another 18 months.

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Labels: BHP, COP, ENR, Jim Cramer, Mad Money, RIO, RTP, SHLD, SVNT, TCK

Cramer's Little Red Book: Cnooc Ltd. ADS (NYSE: CEO), China Mobile Ltd. (NYSE: CHL), Seaspan Corp. (NYSE: SSW)
Cramer says he is being dragged "kicking and screaming" to devote a program to Chinese stocks, adding he doesn't like the overheated market and the Communist Chinese government. He considers CEO, CHL, and SSW as relatively stable stocks, but he would wait for a pullback before buying. CEO is the top offshore drilling company in China and 67% is owned by the government which means some "anti-competitive advantages," says Cramer. In addition the company has rights to 51% of all successful discoveries in offshore China, is expected to grow 30% by 2008-09, and is one of the few oil companies which is replacing reserves faster than it pumps them. CHL has 68% of all Chinese mobile subscriptions in China, and wireless is expected to double in five years. Even if China Telecom enters the wireless game, Cramer predicts it will buy CHL. Finally, SSW is the largest company in the ship leasing industry, and Cramer thinks its 6% yield could go higher.
Much ado about Baidu.com (NasdaqGM: BIDU), Focus Media (NasdaqGM: FMCN)
Cramer's first speculative Chinese play is FMCN which makes digital billboards and, "has momentum and consistently raises numbers." Cramer commented "Baidu is the only company in the world that is beating Google at it game." The stock has had a "huge run" but is still undervalued. Cramer would wait for both of these stocks to come down before buying.
Mad Mail: Sears Holdings (NasdaqGS: SHLD), Gamestop (NYSE: GME), Petsmart (NasdaqGS: PETM), Yamana Gold (NYSE: AUY)
Cramer said since the Fed is not going to ease rates, the only retail stocks he would consider would be SHLD, GME, and PETM. He told another caller AUY is the only non-speculative gold stock he would recommend on his show.
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Labels: AUY, BIDU, CEO, CHL, FMCN, GME, Jim Cramer, Mad Money, PETM, SHLD, SSW

Dell (NasdaqGS: DELL): Cramer would buy Dell on its strong quarter and believes 8,000 firings will bring the stock up for three more quarters.Nokia (NYSE: NOK ): This stock has "momentum. .. you give Nokia the ball," says Cramer.EMC (NYSE: EMC): Cramer applauds EMC's plan to split itself up and predicts it will reach $20 from $16.89.Sears (NasdaqGS: SHLD): After a rough patch, Sears is still healthy, commented Cramer, since CEO Eddie Lampert is buying back stock. "This is a big tell," Cramer said. "... When he buys, the stock goes higher."

Labels: Dell, EMC, Jim Cramer, Jim Cramer's Stop Trading, NOK, SHLD

Stocks plodded higher Thursday as Wall Street reacted warmly to another batch of acquisitions and shrugged off a weak reading of the nation's gross domestic product.
The latest estimate of first-quarter GDP came in at 0.6 percent, the Commerce Department said, lower than the average economist estimate of 0.8 percent and the 1.3 percent projected in April. The GDP number was the worst in more than four years, but investors did not sell off, as it raises the chance of an interest rate cut later this year -- a move that could increase spending.
And although Wall Street remains unsure about the economic and interest rate outlook, it continues to be buoyed by the unrelenting surge of takeovers, which are on track to beat last year's record tab of $4 trillion.
On Thursday, banking company Wachovia Corp. said it would acquire A.G. Edwards Inc. for $6.8 billion in cash and stock to form one of the largest retail stock brokerages in the country. And payroll processor Ceridian Corp. said late Wednesday it will be bought out by investment firm Thomas H. Lee Partners LP and insurance provider Fidelity National Financial Inc. for about $5.3 billion.
In the first hour of trading, the Dow Jones industrial average gained 19.02, or 0.14 percent, to 13,652.10, after reaching a new trading high of 13,673.07.
Broader stock indicators also rose.
The Standard & Poor's 500 index advanced 2.92, or 0.19 percent, to 1,533.15, after soaring to a record close on Wednesday for the first time since March 2000.
The technology-dominated Nasdaq composite index added 9.81, or 0.38 percent, at 2,602.40.

Source: AP

Labels: AGE, CEN, COST, FNF, SHLD, TIF, WB

More Dow Picks: Pfizer (NYSE: PFE - News), Procter & Gamble (NYSE: PG - News), United Technologies (NYSE: UTX - News), Verizon (NYSE: VZ - News), Wal-Mart (NYSE: WMT - News), Walt Disney (NYSE: DIS - News)
Cramer says PFE is "stuck" and owning the stock is a bit like owning a bond with a tad more upside. He admits he was too bullish on PG when he predicted it could go to $67 on the weak dollar and organic growth. However, Cramer says he wasn't bullish enough on UTX which is doing well internationally and is in "hyper-drive." He predicts UTX is headed to $73. Cramer also admits he underestimated VZ's fiberoptics and its wireless, and he would buy it for its yield and growth in spite of its 14% rise. WMT should go to $52 but not higher, predicts Cramer, as long as CEO Lee Scott is in charge. While he likes DIS, he thinks its parks will be casualty to gas prices and the success of its Pirates of the Caribbean film is priced into the stock.
Call Me Darling (AMEX: DAR - News)
Cramer says Darling is "as speculative as it gets" with one business that transforms animal fats into oil and a restaurant business. DAR is "en fuego," but Cramer would wait for a big selloff before buying. After that, DAR needs more analysts covering it before it tops off, and Cramer predicts the stock will go "through the roof" when it moves into the renewable energy sector. Like Tyson, DAR could go into biodiesel, but it will get pummeled first, and when it does, Cramer would buy.
Game Plan for the Coming Week: Polo Ralph Lauren (NYSE: RL - News), Costco (NasdaqGS: COST - News), Sears (NasdaqGS: SHLD - News)
Cramer would stay away with tech, and would move into retail. He recalled RL got "creamed" after its last quarter, which was excellent, but which led to a selloff because of a negative perception about the company's guidance. Therefore, Cramer would buy half a position before RL reports and half after. While he praises COST as a "delivery machine" he believes the company will continue to be misunderstood, and would buy after its earnings report. Cramer suggests pickkng up SHLD if it gets pummeled, and if not, to wait for the next drop in the stock.
CEO Interview: Catherine Burzik, Kinetic Concepts (NYSE: KCI - News)
Catherine Burzik wanted to reassure viewers that KCI will not be hurt by competition from Smith & Nephew after its BlueSky Medical acquisition. "I'm not sure the analysts and the Street understand the market we are in here," she said. "This is a really large market ... and it is significantly unpenetrated. There's a really large opportunity." Burzik added that since Americans are getting "fatter by the day," there will be a great demand for KCI's therapeutic services. Cramer gives the company a triple buy.
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Labels: COST, DAR, DIS, Jim Cramer, KCI, Mad Money, pfe, PG, RL, SHLD, UTX, VZ, WMT

J.C. Penney (NYSE: JCP - News), Sears (NasdaqGS: SHLD), Deere (NYSE: DE - News), Kohl's (NYSE: KSS - News), Polo Ralph Lauren (NYSE: RL - News), Saks (NYSE: SKS - News)
Cramer thinks retail is going higher since gasoline prices have peaked. Although there the shorts are betting heavily against retail "people got these wrong," he said. However, retailers focusing on outdoor goods and furniture might have a problem, since DE indicated outdoor was not going to do well. Cramer is bullish on JCP, KSS and SHLD, but thinks it is ironic that Citigroup rose 2.5 points on the news of Eddie Lampert's $800 million share in the company, while Lampert's own company, SHLD, "has done nothing for months." Cramer adds RL is "very right" at $93, and stressed SKS is a go-name; 'Saks reports next week, and it would be a godsend if the stock goes down.'
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Labels: DE, JCP, Jim Cramer, KSS, RL, SHLD, Wall Street Confidential

Cramer’s Top 10 Stock Picks:

• Halliburton (HAL)
• Caterpillar (CAT)
  
• Transocean Drilling (RIG)
  
• Clorox (CLX)
  
• Altria (MO)
  
• Hewlett Packard (HPQ)
  
• Goldman Sachs (GS)
  
• Sears Holdings (SHLD)
  
• Fannie Mae (FNM)
  
• Level 3 Communications (LVLT)

Published by NBC10.com

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