Jim Cramer's Mad Money Review

Buy:

Air Products and Chemicals Inc (APD)

BAIDU.COM, INC. (BIDU)

China Mobile Limited (CHL)

Focus Media Holding Ltd (FMCN)

Corning Inc (GLW)

Goldman Sachs Group Inc (GS)

Hudson City Bancorp Inc (HCBK)

PetroChina Co Ltd (PTR)

Transocean Inc (RIG)

Siemens AG (SI)

Ultra Petroleum Corp (UPL)
Sell:

American International Group, Inc (AIG)

AXA (AXA)

Countrywide Financial Corp (CFC)

Capital One Financial Corp(COF)

Legg Mason Inc(LM)

Orion Energy Systems(OESX)

Qualcomm Inc (QCOM)

Labels: APD, BIDU, CHL, FMCN, GLW, GS, HCBK, Jim Cramer, Mad Money, PTR, RIG, SI, UPL

Ford (F): Cramer began Monday's show by recommending investors buy Ford. Thinks that it will profit off the fact that GM broke the unions with its latest negotiations and that it is selling some of its units. Jim then took a couple of phone calls. The first call was about Tata Motors (TTM), which Cramer likes, but he thinks is too expensive. The second caller asked about Toyota (TM). Cramer won't back Toyota because the weak dollar hurts their sales and the Japanese market is the worst in the world.
In the next segment, Cramer continued to talk about investing opportunities related to GM's success against the UAW. He looked off the beaten path and found American Axle and Manufacturing (AXL) since the company makes auto parts, and has a labor contract that ends in the near future.
Cramer then took some more phone calls. He was asked about Garmin (GRMN), which Cramer thinks fell too much, but he will be concerned about it once the Navteq (NVT) and Nokia (NOK) merger is completed next year. Another caller asked about Eaton (ETN), and Cramer said that it’s one of his favorite manufacturing stocks. The next caller asked about CarMax (KMX), and Cramer said that you should think about pulling the trigger in late November to avoid tax-loss selling.
After the lightning round, Cramer talked about a stock that went public this summer without much attention and considers it an overlooked IPO. His pick is Dolan Media (DM), which helps process mortgage defaults.
Mad Mail:
Cramer read emails about NYSE-EuroNext (NYX), which Cramer thinks he "blew it" when he recommended the stock. Boeing (BA): Despite past devastating news, Cramer believes in it. Siemens (SI): Cramer thinks is in great shape and that you should hold onto it.

Labels: AXL, BA, DM, ETN, F, GRMN, Jim Cramer, KMX, Mad Money, Mad MOney Recap, NOK, NVT, NYX, SI, TM, TTM

Bullish:
PepsiCo (PEP), BEA Systems (BEAS), General Motors (GM), RRSat Global Communications Network (RRST), Zumiez (ZUMZ), Superior Offshore International (DEEP), Oshkosh Truck (OSK), Northrop Grumman, L-3 Communications (LLL), Lockheed Martin (LMT), General Dynamics (GD), Cisco Systems (CSCO), XTO Energy (XTO), GMX Resources (GMXR), Siemens (SI), Transocean (RIG), Schlumberger (SLB), Prudential Financial (PRU), MetLife (MET) and Halliburton (HAL).
Bearish:
Smart Balance (SMBL), Parametric Technology (PMTC), DirecTV (DTV), Parker Drilling (PKD) and Assurant (AIZ).

Labels: BEAS, CSCO, DEEP, GD, GM, GMXR, Jim Cramer, Lightning Round, LLL, LMT, Mad Money, OSK, PEP, PRU, RIG, RRST, SI, SLB, XTO, ZUMZ

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....'
Published by SeekingAlpha

Labels: ABB, ARRS, COP, COST, EMC, FSLR, FTI, GLW, GS, GTIV, Jim Cramer, Lightning Round, RAD, SHLD, SI, SLB, TBSI, TJX

Wall Street rose Wednesday on some strong earnings and new deals, but not without a struggle, as mounting signs of a tougher lending climate again dogged investors.
The stock market, coming off Tuesday's 226-point tumble in the Dow Jones industrial average, seesawed throughout Wednesday's session. Ultimately, it drew confidence from better-than-expected quarterly profits at Web retailer Amazon.com Inc. and plane manufacturer Boeing Co., and acquisitions involving German engineering company Siemens AG and drug maker Merck & Co.
Still, some investors worry that deteriorating lending conditions will cork this year's heavy stream of dealmaking. Buyouts usually involve taking on debt, and Wednesday, the banks raising funds for the turnaround of Chrysler Group had to postpone a $12 billion debt offer after investors balked at the deal's terms, according to people familiar with the situation who were not authorized to speak publicly.
Meanwhile, the National Association of Realtors on Wednesday confirmed that the housing market is far from recovery when it reported that sales of existing homes dropped 3.8 percent in June to the slowest rate in more than 4 years. The figure was worse than analysts expected, and followed data from the Mortgage Bankers Association showing mortgage applications fell for the first time in four weeks to a five-month low.
Wall Street, now at the peak of second-quarter earnings season, has been extremely volatile lately. For seven straight sessions, the market has risen one day, fallen the next, then risen again. Over that span, the Dow has lost 165.91 points, or 1.2 percent.
The market will likely remain rocky as investors try to assess whether problems related to home lending will hurt the broader economy.

Labels: AMZN, BA, MRK, SI