Jim Cramer's Mad Money Review

Here are 7 options to watch for today. This list comes directly from the TradingMarkets Options Indicators page. The list is created using OptionVue options analysis software.
Most Underpriced Calls: These are the most under priced calls of all stocks in our database. While the Equities Explosion List finds groups of calls for individual equities that are under priced, this list finds the most under priced individual calls. Thus, the options listed here will tend to be more severely under priced.
Capital One Financial Corp. Sept 85 Calls (NYSE:COF - News). COF's PowerRating is 5.
Most Underpriced Puts: These are the most under priced puts of all stocks in our database. While the Equities Explosion List finds groups of puts for individual equities that are under priced, this list finds the most under priced individual puts. Thus, the options listed here will tend to be more severely under priced.
Baidu.com Sept 160 Puts (NasdaqGM:BIDU - News). BIDU's PowerRating is 3.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. While list finds the most overpriced individual calls. Thus, the options listed here will tend to be more severely overpriced.
Mastercard Inc. Aug 180 Calls (NYSE:MA - News). MA's PowerRating is 7.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. While the Equities Implosion List finds groups of puts for individual equities that are overpriced, this list finds the most overpriced individual puts. Thus, the options listed here will tend to be more severely overpriced.
Southern Copper Corp. Aug 95 Puts (NYSE:PCU - News). PCU's PowerRating is 4.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
Symantec Corp. (NasdaqGS:SYMC - News). SYMC's PowerRating is 5.
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
Hovnanian Enterprises (NYSE:HOV - News). HOV's PowerRating is 5.
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
Motorola Inc. (NYSE:MOT - News). MOT's PowerRating is 5.
PowerRatings are courtesy of TradingMarkets.com

Labels: BIDU, COF, Hot Stock Options, HOV, MA, MOT, PCU, SYMC

Most Under Priced Calls: These are the most under priced calls of all stocks in our database. While the Equities Explosion List finds groups of calls for individual equities that are under priced, this list finds the most under priced individual calls. Thus, the options listed here will tend to be more severely under priced.
Diamond Offshore Drilling Mar 85 Calls (NYSE:DO - News). DO's PowerRating is 5.
Most Under Priced Puts: These are the most under priced puts of all stocks in our database. While the Equities Explosion List finds groups of puts for individual equities that are under priced, this list finds the most under priced individual puts. Thus, the options listed here will tend to be more severely under priced.
Zimmer Holdings Mar 85 Puts (NYSE:ZMH - News). ZMH's PowerRating is 5.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. While the Equities Implosion List finds groups of calls for individual equities that are overpriced, this list finds the most overpriced individual calls. Thus, the options listed here will tend to be more severely overpriced.
Electronic Arts Feb 50 Calls (NasdaqGS:ERTS - News). ERTS' PowerRating is 4.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. While the Equities Implosion List finds groups of puts for individual equities that are overpriced, this list finds the most overpriced individual puts. Thus, the options listed here will tend to be more severely overpriced.
Google Mar 450 Puts (NasdaqGS:GOOG - News). GOOG's PowerRating is 5.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
Harris Group (NYSE:HRS - News). HRS' PowerRating is 6.
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
None today.
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
Symantec (NasdaqGS:SYMC - News). SYMC's PowerRating is 6.
PowerRatings are courtesy of PowerRatings.net

Labels: DO, ERTS, GOOG, HRS, SYMC, ZMH

Among the companies whose shares are expected to see active trade in Monday's session are Phelps Dodge Corp., Tyson Foods Inc. and Schering-Plough Corp.
Cummins Inc. (NYSE:CMI - News) is expected to report earnings per share for the fourth quarter of $3.77, according to analysts polled by Thomson Financial.
Mattel Inc. (NYSE:MAT - News) is expected to post fourth-quarter per-share income of 67 cents.
Phelps Dodge (NYSE:PD - News) is expected to report per-share income of $4.28 for the fourth quarter.
Plum Creek Timber Co. (NYSE:PCL - News) is expected to post income of 34 cents a share for the fourth quarter.
Schering-Plough (NYSE:SGP - News) is expected to report per-share earnings of 17 cents for the fourth quarter.
Sysco Corp. (NYSE:SYY - News) is expected to report second-quarter per-share income of 38 cents.
Tyson Foods (NYSE:TSN - News) is expected to report first-quarter earnings of 6 cents per share.
UnumProvident Corp. (NYSE:UNM - News) is expected to post earnings per share of 44 cents for the fourth quarter.
Verizon Communications (NYSE:VZ - News) is expected to report fourth-quarter per-share income of 61 cents.
Zimmer Holdings Inc. (NYSE:ZMH - News) is expected to post fourth-quarter earnings of 99 cents per share.
After Friday's closing bell, Jacobs Engineering Group Inc. (NYSE:JEC - News) said it has approved a 2-for-1 stock split, to be effected in the form of a stock dividend. The additional shares will be distributed on March 15 to shareholders of record as of Feb. 15.
Watch listAmerican Express Co. (NYSE:AXP - News) said it has named Richard Levin, president of Yale University, to its board. The financial services and travel firm also said it has elected Ronald Williams as a director. Williams is president, chairman and chief executive of Aetna Inc. (NYSE:AET - News).
Datawatch Corp. (NasdaqCM:DWCH - News) said it has appointed Douglas Zaccaro as interim chief financial officer. Zaccaro succeeds John Hulburt, who is leaving effective Jan. 31.
Hospitality Properties Trust (NYSE:HPT - News) said the registration statement for its TravelCenters of America LLC spinoff has been declared effective by the Securities and Exchange Commission.
Quality Distribution Inc. (NasdaqGM:QLTY - News) lowered its outlook for the fourth quarter and 2006 primarily due to softer-than-anticipated seasonal demand and an unexpected charge for costs associated with legacy environmental remediation projects. The transportation company said it now sees earnings per share of 3 cents to 7 cents for the fourth quarter, compared with its prior view of 17 cents to 19 cents. For 2006, the company now sees earnings per share of 59 cents to 63 cents, compared with its prior view of 74 cents to 76 cents.
Sunoco Logistics Partners L.P. (NYSE:SXL - News) reported fourth-quarter net earnings of $27.9 million, or 80 cents per limited partner unit, up from $13.9 million, or 52 cents per limited partner unit, in the year-ago quarter. Revenue in the three months ended Dec. 31 rose to $1.49 billion from $1.15 billion.
Symantec Corp. (NasdaqGS:SYMC - News) said it has named Thomson S.A. Chairman and Chief Executive Frank Dangeard to its board of directors.
Trex Co. (NYSE:TWP - News) said it will restate its results for 2003 through 2005 and the first nine months of 2006 to correct errors related to the recording of certain expenses. The maker of composite decking and railing expects the cumulative effect of the restatements to increase its reported net income for 2003 through 2005 by roughly $200,000, and to increase its reported net income for the first nine months of 2006 by roughly $200,000, or 2 cents a share.
Published by MarketWatch

Labels: AET, AXP, CMI, DWCH, HPT, JEC, MAT, PCL, PD, QLTY, SGP, SXL, SYMC, SYY, TSN, TWP, UNM, VZ, ZMH

Rejecting Tech: Advanced Micro Devices (NYSE: AMD - News), Intel (NASDAQ: INTC - News), Texas Instruments (NYSE: TXN - News), Qualcomm (NASDAQ: QCOM - News), National Semiconductor (NYSE: NSM - News), Marvel (NASDAQ: MRVL - News), MRV Communications (NASDAQ: MRVC - News), Apple (NASDAQ: AAPL - News), Symantec (NASDAQ: SYMC - News), Rackable Systems (NASDAQ: RACK - News), Brocade Communications (NASDAQ: BRCD - News) and EMC (NYSE: EMC - News), Research in Motion (NASDAQ: RIMM - News)
Since it is mid-January, Cramer tells investors that it is time to get out of tech, with a few notable exceptions. The tech businesses that are particularly troubled are cell phones, handheld products, storage stocks, semiconductors and software. Many of these companies are plagued by competition, which is a more destructive force than the calendar. It is for this reason Cramer suggests staying away from Intel and AMD, which are locked in a fierce price war, and he thinks that even the Vista launch will not propel these stocks. Cramer would also sell TXN, QCOM and NSM. However, he would stay with MRVL which is levered to Apple's iPhone. He also likes MRVC because it is poised to spin off one of its divisions. On the other hand, Cramer said that Symantec was a "disaster" and that it had "one of the ugliest preannouncements that was never supposed to happen." He would also stay away from storage companies RACK, BRCD and EMC. Since the handheld trade is "dead," Cramer would unload Research In Motion.

Playing for Keeps: Cisco (NASDAQ: CSCO - News), Apple (NASDAQ: AAPL - News), Hewlett-Packard (NYSE: HPQ - News), Google (NASDAQ: GOOG - News), Microsoft (NASDAQ: MSFT - News), Level 3 Communications (NASDAQ: LVLT - News)
Cramer said that some tech stocks transcend the calendar with "blowaway earnings" and great products. He would stay with CSCO, AAPL, HPQ, GOOG and MSFT or buy them on weakness. Although investors may be tempted to cash in on CSCO, Cramer says that CSCO has a "product-driven story that cannot be denied," its competitors are out of the picture and its three downgrades have taken risk out of the stock. Apple reported a strong quarter, gave "ridiculously low guidance" and should continue going up because of the iPhone, according to Cramer. MSFT's dip is a "big fat gift," and Cramer calls Vista the "single most awaited product story in years." He anticipates a big upside surprise with Google and calls it the best internet stock. For a good speculative internet play, Cramer recommends LVLT.
Published By SeekingAlpha

Labels: AAPL, AMD, BRCD, CSCO, EMC, GOOG, HPQ, INTC, Jim Cramer, LVLT, Mad Money, MRVC, MRVL, MSFT, NSM, QCOM, RACK, RIMM, SYMC, TXN

Rejecting Tech: Advanced Micro Devices (AMD), Intel (INTC), Texas Instruments (TXN), Qualcomm (QCOM), National Semiconductor (NSM), Marvel (MRVL), MRV Communications (MRVC), Apple (AAPL), Symantec (SYMC), Rackable Systems (RACK), Brocade Communications (BRCD) and EMC (EMC), Research in Motion (RIMM)
Since it is mid-January, Cramer tells investors that it is time to get out of tech, with a few notable exceptions. The tech businesses that are particularly troubled are cell phones, handheld products, storage stocks, semiconductors and software. Many of these companies are plagued by competition, which is a more destructive force than the calendar. It is for this reason Cramer suggests staying away from Intel and AMD, whichare locked in a fierce price war, and he thinks that even the Vista launch will not propel these stocks. Cramer would also sell TXN, QCOM and NSM. However, he would stay with MRVL which is levered to Apple's iPhone. He also likes MRVC because it is poised to spin off one of its divisions. On the other hand, Cramer said that Symantec was a "disaster" and that it had "one of the ugliest preannouncements that was never supposed to happen." He would also stay away from storage companies RACK, BRCD and EMC. Since the handheld trade is "dead," Cramer would unload Research In Motion (RIMM).
Related: Trey Wasser says that storm clouds are on the horizon for Rackable Systems.
Playing for Keeps: Cisco (CSCO), Apple (AAPL), Hewlett-Packard (HPQ), Google (GOOG), Microsoft (MSFT), Level 3 Communications (LVLT)
Cramer said that some tech stocks transcend the calendar with "blowaway earnings" and great products. He would stay with CSCO, AAPL, HPQ, GOOG and MSFT or buy them on weakness. Although investors may be tempted to cash in on CSCO, Cramer says that CSCO has a "product-driven story that cannot be denied," its competitors are out of the picture and its three downgrades have taken risk out of the stock. Apple reported a strong quarter, gave "ridiculously low guidance" and should continue going up because of the iPhone, according to Cramer. MSFT's dip is a "big fat gift," and Cramer calls Vista the "single most awaited product story in years." He anticipates a big upside surprise with Google and calls it the best internet stock. For a good speculative internet play, Cramer recommends LVLT.
Related: Ant & Sons predict that Cramer's endorsement of LVLT will bring more upside.
Publishedby SeekingAlpha

Labels: AAPL, AMD, BRCD, CSCO, EMC, GOOG, HPQ, INTC, Jim Cramer, LVLT, Mad Money, MRVC, MRVL, MSFT, NSM, QCOM, RACK, RIMM, SYMC, TXN