Jim Cramer's Mad Money Stock Recap Oct. 11th
Pepsi (PEP): stock went down almost 2 points. The quarterly report showed that the raw costs hurt the numbers in many of their domestic products, and thinks that many people are concerned that price increases will hurt sales. Pepsi CEO Indra Nooyi was on the show to discuss the numbers, which she was very happy with. Nooyi thinks they can handle increased commodity costs and that earning will continue to increase.
Next, Cramer dressed up like a matador and talked about a Spanish stock. Cramer thinks that Spain has a good bull market, and that Banco Santander (STD) will prosper from its home market and the strength of the Euro compared to the US. Cramer said STD will make some acquisitions in the US and Latin America, growing and diversifying the bank's asset base. Cramer could see the stock making a 20% increase in the stock and a dividend increase as well.
Cramer took a couple of phone calls. First caller asked about Wells Fargo (WFC), and Cramer said that he likes the stock, but not as much as STD. The next caller asked about the Commerce Bank (CBH) merger, and Cramer said that the market had already priced an acquisition into the stock price in that case. The next caller asked about Banco Popular (BPOP), and Cramer said that he is not willing to buy that stock.
Sell Block
Cramer focused on the reasons you should sell Chipotle (CMG). Cramer is sad to see the stock go, but it is up 200% since he originally recommended it, and doesn't like the stock at this price.
PetSmart (PETM) CEO of the company was on the show. He discussed the fact that some of the company's sales are affected by weather patterns, and warmer weather hurts profits. Cramer still recommends the stock.
Finally, Cramer said that you should sell any Allegheny Technologies (ATI) stock you might have left from his recommendation of it last year.Labels: ATI, CBH, CMG, Jim Cramer, Mad Money, Mad MOney Recap, PEP, PETM, STD, WFC
posted by Stock Administrator @ 3:01 AM
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Jim Cramer's Mad Money Stock Recap Oct. 11th
Pepsi (PEP): stock went down almost 2 points. The quarterly report showed that the raw costs hurt the numbers in many of their domestic products, and thinks that many people are concerned that price increases will hurt sales. Pepsi CEO Indra Nooyi was on the show to discuss the numbers, which she was very happy with. Nooyi thinks they can handle increased commodity costs and that earning will continue to increase.
Next, Cramer dressed up like a matador and talked about a Spanish stock. Cramer thinks that Spain has a good bull market, and that Banco Santander (STD) will prosper from its home market and the strength of the Euro compared to the US. Cramer said STD will make some acquisitions in the US and Latin America, growing and diversifying the bank's asset base. Cramer could see the stock making a 20% increase in the stock and a dividend increase as well.
Cramer took a couple of phone calls. First caller asked about Wells Fargo (WFC), and Cramer said that he likes the stock, but not as much as STD. The next caller asked about the Commerce Bank (CBH) merger, and Cramer said that the market had already priced an acquisition into the stock price in that case. The next caller asked about Banco Popular (BPOP), and Cramer said that he is not willing to buy that stock.
Sell Block
Cramer focused on the reasons you should sell Chipotle (CMG). Cramer is sad to see the stock go, but it is up 200% since he originally recommended it, and doesn't like the stock at this price.
PetSmart (PETM) CEO of the company was on the show. He discussed the fact that some of the company's sales are affected by weather patterns, and warmer weather hurts profits. Cramer still recommends the stock.
Finally, Cramer said that you should sell any Allegheny Technologies (ATI) stock you might have left from his recommendation of it last year.
Next, Cramer dressed up like a matador and talked about a Spanish stock. Cramer thinks that Spain has a good bull market, and that Banco Santander (STD) will prosper from its home market and the strength of the Euro compared to the US. Cramer said STD will make some acquisitions in the US and Latin America, growing and diversifying the bank's asset base. Cramer could see the stock making a 20% increase in the stock and a dividend increase as well.
Cramer took a couple of phone calls. First caller asked about Wells Fargo (WFC), and Cramer said that he likes the stock, but not as much as STD. The next caller asked about the Commerce Bank (CBH) merger, and Cramer said that the market had already priced an acquisition into the stock price in that case. The next caller asked about Banco Popular (BPOP), and Cramer said that he is not willing to buy that stock.
Sell Block
Cramer focused on the reasons you should sell Chipotle (CMG). Cramer is sad to see the stock go, but it is up 200% since he originally recommended it, and doesn't like the stock at this price.
PetSmart (PETM) CEO of the company was on the show. He discussed the fact that some of the company's sales are affected by weather patterns, and warmer weather hurts profits. Cramer still recommends the stock.
Finally, Cramer said that you should sell any Allegheny Technologies (ATI) stock you might have left from his recommendation of it last year.
Labels: ATI, CBH, CMG, Jim Cramer, Mad Money, Mad MOney Recap, PEP, PETM, STD, WFC
posted by Stock Administrator @ 3:01 AM
0 Comments
