Jim Cramer's Mad Money Review

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

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

Anadarko Petroleum (NYSE: APC): 'I like APC. They loaded the boat up with properties. They still have to pay down some things.'XTO Energy (NYSE: XTO): 'I think APC is good, but I think that XTO rocks the boat, and will beat APC - in the long term race - to $100.'URS (NYSE: URS): 'They finally did something. They bought Washington Group. They got it cheaply, and the stock is, at last, on the move ... Buy, buy, buy! ... Washington is historically not a great operator. But at least there is a pulse at URS.'Level 3 Communications (NasdaqGS: LVLT): 'LVLT is going to sink or swim on the fundies. I think the fundies are good. I want to back up the truck in the mid $5s... 'Olin (NYSE: OLN): ' OLN did not buy Pioneer, they stole Pioneer! ... OLN's on the move... They suddenly have religion. Buy, buy, buy!'Carmike Cinemas (CKE): 'This is the one to play. I would sell the others and buy that one, and that's new information from me.'General Maritime (NYSE: GMR): 'Peter Georgiopolous, CEO and founder of GMR is the guy we back... He spent a lot of money buying back stock. He's got the safest yield. That's who we're going with.'Edison International (NYSE: EIX): 'EIX is one of the great... The utilities had an unbelievable bull market, but that's just one of the effects of the utilities... they're reorganized, they're terrific.'Consolidated Edison (NYSE: ED)Dominion (NYSE: D)Cisco (NasdaqGS: CSCO): 'This is a stock that is growing at 15% that has a 20x multiple ... It just didn't say the right things on the conference call ... Let's buy some CSCO here.'Toyota Motor (NYSE: TM): 'The only stock I'm recommending over there [Japanese Market] is Toyota Motor, and even that's stalledthat's stalled. Although I do like that, and I own it for my charitable trust, and I continue to buy that stock.'Vodafone (NYSE: VOD): 'I'm going to send you to Vodafone after that beautiful quarter. VOD's got growth.'Wal-Mart (NYSE: WMT ): 'You know I'm a backer of WMT down here... Good article about China and WMT in The Wall Street Journal.'Bearish calls:Stratasys (NasdaqGS: SSYS): 'Computer-aided design and automation for semiconductors. No thank you. I want you to take your money and run there. Sell, sell, sell!'Ultra Clean Holdings (NasdaqGS: UCTT): 'No ... if the semiconductor capital equipment business is in bear market mode, I don't want to touch it.'DivX (NasdaqGM: DIVX): 'We are not going back to DIVX. Sell, sell, sell! 'American Eagle Outfitters (NYSE: AEO): 'AEO is too hard for me, my friend ... I am strictly going to put it in the 'don't buy' category.'Cinemark (NYSE: CNK - News)Regal Entertainment (NYSE: RGC)Nippon Telegraph & Telephone (NYSE: NTT): 'I don't like the Japanese market at all... NTT does not have growth.'
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Labels: AEO, CNK, CSCO, DIVX, ED, EIX, GMR, Jim Cramer, Lightning Round, LVLT, Mad Money, OLN, RGC, SSYS, TM, UCTT, URS, VOD, WMT, XTO

Sole Survivor: Toyota Motor (NYSE: TM - News), Ford (NYSE: F - News), General Motors (NYSE: GM - News) and DaimlerChrysler (NYSE: DCX - News)
While Ford and General Motors are declining and Cerberus' acquisition of DCX should shrink it into a "teeny weeny auto company," Toyota will be the last big car company left, says Cramer. Although the stock is down after reporting disappointing numbers, Cramer believes TM will keep "growing and improving." Its decline in operating profit was the result of investing resources for growth, and Cramer notes TM is expanding while its competitors are shrinking. Cramer would buy TM while it is cheap.
Sweet as Honeywell (NYSE: HON - News)
Cramer continued his series on "transformational CEOs" with Dave Cote of Honeywell, who took the reins from "despised figure," Michael Bonsignore. The company was buried in asbestos problems, but since Dave Cote has taken over, the company has improved sales and cash flow. Athough it is up 10 points, Cramer is still bullish on HON.
Mad Mail: Level 3 Communications (NasdaqGS: LVLT), Syneron Medical (NasdaqGS: ELOS)
Cramer says LVLT is a good bandwith shortage play, and says CEO James Crowe is "bankable." While there is some concern over management change at ELOS, Cramer likes the company's recent numbers and says it is a "product story."
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Labels: DCX, F, GM, HON, Jim Cramer, LVLT, Mad Money, TM

Bullish calls:
Sears (NasdaqGS: SHLD)Monsanto (NYSE: MON - News): 'The bears and the analysts refuse to get behind this stock ... They think it's overvalued as a chemical stock. It's part of the ag play ... hybrid corn seeds, in a world where we are short corn seeds. MON is not done going up. I would be an aggressive buyer right here at $59. ('mon-back sound).'Agrium (NYSE: AGU - News)Deere (NYSE: DE - News)Spartan Motors (NasdaqGS: SPAR):' I want you in SPAR. That's the one to pull the trigger on right now.'Virgin Media (NasdaqGS: VMED): 'I want VMED to be bought here! VMED is the play for cable in Europe, in London... It has been stalled here ... I think you want to pull the trigger on VMED. I like it as much as ever. All aboard.'Time Warner (NYSE: TWX - News): 'Other cable companies - notably CMCSA and TWX - have started to move back up.'Comcast (NasdaqGS: CMCSA) Research In Motion (NasdaqGS: RIMM): 'RIMM hit a 52-week high today ... Almost no other tech stock I follow has done that. I think it's a sign of strength ... I bet RIMM is having a great quarter. They have survived every single war imaginable. I'm not backing away. I still like the stock. I would still be a buyer. Buy, buy, buy!'Toyota Motor (NYSE: TM - News): 'The stock is stuck... It's been hurt by weak sales of Tundra - their F-150 competitor... It's also been hurt by a strong yen ... That's a mistake. $126? Come on. I'm doing a triple buy.'Hexcel (NYSE: HXL - News): 'HXL is engineered product. That stock is down more than 20% from its high? That's a colossal mistake. Buy, buy, buy!'Allegheny Technologies (NYSE: ATI - News): 'Did you know that ATI - my stock of the year last year - another new high today! That one's a winner.'Foster Wheeler (NasdaqGS: FWLT): 'FWLT is the way to play construction. They've got the best order book.'Lockheed Martin (NYSE: LMT - News)L-3 Communications (NYSE: LLL - News)General Dynamics (NYSE: GD - News)Theravance (NasdaqGM: THRX): 'THRX was the stock that stumped me last week, and one of the reasons why it stumped me is that it's moving up very rapidly ... The stock had a big run but, you know what? I think it's really got that great bloodline now... So I like THRX.'
Bearish calls:
Hudson City Bancorp (NasdaqGS: HCBK): ' ... with the yield curve... with the 10-year at 4.75%, and the short rates higher, that's a nightmare for any regional bank ... Don't buy, don't buy.'Force Protection (NasdaqCM: FRPT): 'I believe that SPAR, which then gives the products to FRPT, is the better play.'Veraz Networks (NasdaqGM: VRAZ): 'This one I got behind. It is not working. That is worrisome to me. When they don't work like this, I've got to pull my situation, and do more work.'XM Satellite Radio (NasdaqGS: XMSR): 'XMSR is very problematic ... The FCC and congress have made this dea (merger with Sirius Satellite Radio) too difficult ... I want to sell XMSR.'Crystallex (AMEX: KRY - News): 'KRY has been creeping up ... I would recommend sell at $4 and change. I'll buy it back at $2 and change. I do not trust this Chavez. You can't either.'CDW (NasdaqGS: CDWC)Washington Group (NYSE: WNG - News): 'I like the construction group, but you know my favorite has not been WMG, but it's been FWLT.'SAIC (NYSE: SAI - News): 'I don't want to be linked to government spending right now, because I think it's not trustworthy... '
Published by SeekingAlpha

Labels: AGU, ATI, CMCSA, DE, FWLT, GD, HXL, Jim Cramer, Lightning Round, LLL, LMT, Mad Money, MON, RIMM, SHLD, SPAR, THRX, TM, TWX, VMED

Toyota Motor Corp. on Tuesday said its U.S. auto sales climbed in March, as sales of its Prius hybrid more than doubled and demand for its luxury Lexus brand rose. Toyota -- which is close to elbowing Ford out of the No. 2 U.S. sales spot -- sold 242,675 vehicles in March, up 11.7 percent from 217,286 vehicles a year ago. Total car sales jumped 19.4 percent to 140,009, while truck sales edged up 2.7 percent to 102,666. Toyota sold 19,156 Prius hybrid cars in March, compared with 7,922 a year earlier. The car maker's popular Corolla and Camry sedans were top-selling models, as well. Corolla sales rose 6.3 percent to 34,355, while Camry sales increased 8.4 percent to 42,254. Offsetting the gains, sales of Toyota's Scion brand models all declined. In its truck division, Toyota saw stronger sales of both sport utility vehicles and pickup trucks. Adjusted for one additional selling day last month, total sales rose 7.7 percent in March. Year to date, total sales have risen 11.2 percent to 605,855 from 544,851. Adjusted for the two additional selling days in the 2007 period, sales climbed 8.3 percent. General Motors Corp. is the top seller of vehicles in the U.S. Toyota American Depositary Shares rose 18 cents to $127.10 in afternoon trading on the New York Stock Exchange.
Published by AP

Labels: Auto Sales, GM, TM

Labels: ACI, BQI, BTU, CEL, DGX, DVN, ECA, FRO, GMR, HPQ, Jim Cramer, Lightning Round, Mad Money, PRU, S, SU, TM, TRX, VZ

Bullish calls:
Covance (NYSE: CVD - News): 'This is one of those companies that is the arms provider to biotech and pharma... Yeah, they do the tests. You've got a two thumbs up, way up.'Continental Airlines (NYSE: CAL - News)Rite Aid (NYSE: RAD - News): ' ... an analyst downgraded RAD, and it sent the stock down 31 cents, where I want to back the truck up ... Mary Sammons runs RAD, and is going to be on the show when that deal closes, and that is going to be a phenomenal one!'International Flavors & Fragrances (NYSE: IFF - News)JPMorgan (NYSE: JPM - News): 'I am going to suggest that you buy JPM, because Jamie Dimond did a good call.'Capital One Financial (NYSE: COF - News): 'If you want a little risk, and big reward, you go with COF.'Level 3 Communications (NASDAQ: LVLT - News): 'I 'm reiterating my by for LVLT... If you want to be in fiber, you go into LVLT.'Best Buy (BBY): 'If you want to be in big-screen TVs, you go into BBY, and that's all there is to it.'AT&T (NYSE: T - News): 'I am so much a T man, so swap out of the Fair Point Commuications, and go into T.'Toyota Motor (NYSE: TM - News): 'I was a huge buyer of TM 10 points ago, for my charitable trust, and I'm reiterating my buy right here. I recommended TM, and it is only up a quick 15 points, and I'm not backing away, because they make good cars. 'Blockbuster (NYSE: BBI - News): 'This thing was downgraded by another analyst this week, and it was not even a glancing blow. It didn't even the guy, because the stock finished at or near its high. Why is that? Because the 'total access' program is working. He made us money - he's a guy we like. And BBI is a keeper.'Valero (NYSE: VLO - News): 'The refining game - if you want to get in that - I'm always going to send you to... VLO.'
Bearish calls:
JetBlue Airways (NASDAQ: JBLU - News): 'Very tough. After the close tonight, they announce two resignations, including a guy that seemed pretty important from the sales and marketing side. I want to see the smoke clear ... and then I still don't want to buy it.'Bare Escentuals (NASDAQ: BARE - News): 'I said sell that stock at $31-32. It's at $34-35. I don't regard that as being anything that you missed. And I suggested instead that you buy IFF at $42. It went to $49. I say no on your bear - Sell, sell, sell. 'Sky Financial (NASDAQ: SKYF - News): 'Ring the register, my friend! You're getting Huntington Bank - not one of my favorite banks, because that company's already been taken over. It is time to sell, sell, sell.'Western Refining (NYSE: WNR - News): 'I do not like the refining stocks this quarter; I think that you'll get hurt, but they represent some great value longer term ...- I am not going to pull the trigger just yet on any refining company... 'Electronic Arts (NASDAQ: ERTS - News): 'No, no! Everyone's all excited about ERTS ... They don't have that much ... I don't trust ERTS here. Mid-40's - only then, pull the trigger.'FairPoint Communications (NYSE: FRP - News): ' Oh, this is that spinoff, right? They split the company up? You know what? I know they've got that good yield - I am so much a T man, so swap out of the FRP, and go into T.'Wal-Mart: (NYSE: WMT - News): 'sell, sell, sell!'Walgreen (NYSE: WAG - News): 'Now, at $46, I'm not as strong on WAG.'Corning (NYSE: GLW - News): 'I'm stuck with GLW. I have said that it's okay, but it's flatlined right here at $19, in part, because there's a glut of big-screen TVs; in part, because my national fiber shortage hasn't really started yet.'
Published by SeekingAlpha

Labels: BARE, BBI, CAL, COF, CVD, ERTS, FRP, GLW, IFF, JBLU, Jim Cramer, JPM, Mad Money, RAD, SKYF, T, TM, VLO, WMT, WNR

Rises in many blue chips were counterbalanced by falls in consumer finance shares and a decline in the stocks of retailers, leaving the Japanese stock market up moderately Thursday morning.
By midday, the Nikkei 225 was 0.3 per cent higher at 16,984.96. The broader Topix had risen 0.5 per cent to 1,671.26.
Matsushita Electric Industrial (NYSE:MC), which with the the Panasonic brand is the world's biggest consumer electronics maker, recovered much of the ground it gave up Wednesday, rising 2.2 per cent to Y2,340. The stock had fallen sharply on news of a expensive new plasma display factory, but investors' nerves were soothed by the unveiling of a midterm business plan to boost operating profit by nearly 80 per cent over three years.
Among other blue chips, Toyota (NYSE:TM), Japan's biggest carmaker, was up 0.8 per cent at Y7,750 and Toshiba, the electronics conglomerate, had climbed 1.4 per cent to Y816.
Tokyo Electron rose 1.9 per cent to Y9,020 after reporting higher orders for its chip-making equipment.
But the retail sector declined 0.7 per cent, hit by fears that higher interest rates could hit demand. Fast Retailing, the mid-market clothing retailer, was down 0.8 per cent at Y11,180, suffering in the wake of poor December sales figures published earlier this week. Seven & I, which runs convenience outlets, department stores and supermarkets, declined 1.3 per cent to Y3,730
News earlier in the week that Citigroup (NYSE:C) was shutting down most of its consumer finance outlets in Japan continued to weigh on the sector. Takefuji plunged 3.5 per cent to Y5,020. Credit Saison was down 2.6 per cent at Y4,440 despite news of the joint launch with Softbank of a credit card linked to Softbank mobile customers' accounts. Softbank was unchanged at Y2,485.
Published by David Turner in Tokyo

Labels: C, MC, TM

Bullish calls:
Toyota Motor (NYSE: TM - News): 'This was going to be my stock of the year... It's taking big share from GM and F. I think the stock, ultimately, could go to $200 ... Let's wait until it goes down below $130, and then we pull the trigger.'Spectra Energy (NYSE: SE - News): ' If you got this through the Duke spinoff, I would tell you to keep buying it. I think it's going to be one of the best natural gas distribution stocks out there and those yield a lot and have very, very steady dividend increases (sound of truck doing a 'mon-back).'Kinder Morgan Energy (NYSE: KMP - News): 'Richard Kinder is the smartest man in the oil business.'Cisco (NASDAQ: CSCO - News): ' We are just so solemnly behind CSCO, that we are not going to even think about being in another stock.'Saks (NYSE: SKS - News)Time Warner (NYSE: TWX - News)Hewlett-Packard (NYSE: HPQ - News): 'I want you to buy HPQ.'
Bearish calls:
Yamana Gold (AMEX: AUY - News): ' I happen to think that AUY is the best gold stock but, if I'm right about commodities, gold is about to have a leg down ... only at $10, do you pull the trigger.'Ultra Petroleum (AMEX: UPL - News): 'That house of pain is absolutely going to continue for some time ... I suggest that you take a long-term view, but understand that there could be 15% more downside in UPL.'Deere (NYSE: DE - News): 'Coming down a little. The stock was an unbelievable performer last year ... Let's ring the register. Those who want to be in DE... I may suggest that $85 is where I'd feel comfortable recommending it.'EarthLink (NASDAQ: ELNK - News): ' ... you have to understand, it's really speculative, and that terrific CEO just died of cancer. So the stock has kind of lost its way.'Cleveland Cliffs (NYSE: CLF - News): ' ... the problem here, is that all the mineral stocks are in free fall in America, but CLF has 8% growth. Its stock is just too cheap. If you can wait until the cycle turns - it may be 18 months - you can hold onto CLF. But, if you bought it much lower, ring the register, because it's going to have some downside.'Amylin Pharmaceuticals (NASDAQ: AMLN - News): 'We rang the register at $47 and we said stay away, and I mean stay away. Sell, sell, sell!'AngioDynamics (NASDAQ: ANGO - News): ' ... the news that came out this week ... - is a fantastic opportunity to take profits. I want to distance myself from that speculative stock right now.'Sonus Networks (NASDAQ: SONS - News): 'That's had a good run. Let's take it off the table.'Shanda Interactive (NASDAQ: SNDA - News): 'Don't get me in that cauldron ... I say take the profit. Make the money. I've had enough of it. Sell, sell, sell.'Sun Microsystems (NASDAQ: SUNW - News): ' No, no, no. Sell that. I want you to buy HPQ.'Harrah's Entertainment (NYSE: HET - News): 'You already won. Ring the register. Let's move on. Sell, sell, sell.'MGM Mirage (NYSE: MGM - News): 'Take the win. Sell, sell, sell!'
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Labels: AMLN, ANGO, AUY, CLF, CSCO, DE, ELNK, HET, HPQ, KMP, Mad Money, MGM, SE, SKS, SNDA, SONS, SUNW, TM, TWX, UPL

Bullish calls:
Toyota Motor (NYSE: TM - News): 'This was going to be my stock of the year... It's taking big share from GM and F. I think the stock, ultimately, could go to $200 ... Let's wait until it goes down below $130, and then we pull the trigger.'Spectra Energy (NYSE: SE - News): ' If you got this through the Duke spinoff, I would tell you to keep buying it. I think it's going to be one of the best natural gas distribution stocks out there and those yield a lot and have very, very steady dividend increases (sound of truck doing a 'mon-back).'Kinder Morgan Energy (NYSE: KMP - News): 'Richard Kinder is the smartest man in the oil business.'Cisco (NASDAQ: CSCO - News): ' We are just so solemnly behind CSCO, that we are not going to even think about being in another stock.'Saks (NYSE: SKS - News)Time Warner (NYSE: TWX - News)Hewlett-Packard (NYSE: HPQ - News): 'I want you to buy HPQ.'
Bearish calls:
Yamana Gold (AMEX: AUY - News): ' I happen to think that AUY is the best gold stock but, if I'm right about commodities, gold is about to have a leg down ... only at $10, do you pull the trigger.'Ultra Petroleum (AMEX: UPL - News): 'That house of pain is absolutely going to continue for some time ... I suggest that you take a long-term view, but understand that there could be 15% more downside in UPL.'Deere (NYSE: DE - News): 'Coming down a little. The stock was an unbelievable performer last year ... Let's ring the register. Those who want to be in DE... I may suggest that $85 is where I'd feel comfortable recommending it.'EarthLink (NASDAQ: ELNK - News): ' ... you have to understand, it's really speculative, and that terrific CEO just died of cancer. So the stock has kind of lost its way.'Cleveland Cliffs (NYSE: CLF - News): ' ... the problem here, is that all the mineral stocks are in free fall in America, but CLF has 8% growth. Its stock is just too cheap. If you can wait until the cycle turns - it may be 18 months - you can hold onto CLF. But, if you bought it much lower, ring the register, because it's going to have some downside.'Amylin Pharmaceuticals (NASDAQ: AMLN - News): 'We rang the register at $47 and we said stay away, and I mean stay away. Sell, sell, sell!'AngioDynamics (NASDAQ: ANGO - News): ' ... the news that came out this week ... - is a fantastic opportunity to take profits. I want to distance myself from that speculative stock right now.'Sonus Networks (NASDAQ: SONS - News): 'That's had a good run. Let's take it off the table.'Shanda Interactive (NASDAQ: SNDA - News): 'Don't get me in that cauldron ... I say take the profit. Make the money. I've had enough of it. Sell, sell, sell.'Sun Microsystems (NASDAQ: SUNW - News): ' No, no, no. Sell that. I want you to buy HPQ.'Harrah's Entertainment (NYSE: HET - News): 'You already won. Ring the register. Let's move on. Sell, sell, sell.'MGM Mirage (NYSE: MGM - News): 'Take the win. Sell, sell, sell!'
Published By SeekingAlpha

Labels: AMLN, ANGO, AUY, CLF, CSCO, DE, ELNK, HET, HPQ, KMP, Lightning Round, MGM, SE, SKS, SNDA, SONS, SUNW, TM, TWX, UPL

Ford Motor Co. president and CEO Alan Mullally met with officials from Toyota Motor Corp. last week, according to Japanese business newspaper Nihon Keizai Shimbun. Toyota chairman Fujio Cho and Ford executive vice president Mark Fields attended the meeting, which might be the start of potential partnership negotiations, the newspaper said. Both companies have ties to Kentucky. Toyota (NYSE: TM - News) bases its North American manufacturing operations in Erlanger, Ky. It also has a plant in Georgetown, Ky., which is the company's largest manufacturing facility in North America. Ford (NYSE: F - News) operates two plants in Louisville: the Kentucky Truck Plant on Chamberlain Lane and the Louisville Assembly Plant on Fern Valley Road.
Source: Bizjournals.com

Labels: F, Ford, TM, Toyota Motor

Best Buy (NYSE: BBY - News), Circuit City (NYSE: CC - News), Exxon (NYSE: XOM - News), Apple (Other OTC: APPL.PK - News), Oracle (NASDAQ: ORCL - News), Fed EX (NYSE: FDX - News), Altria (NYSE: MO - News), Colgate (NYSE: CL - News), Procter & Gamble (NYSE: PG - News), Toyota Motor (NYSE: TM - News), New York Stock Exchange (NYSE: NYX - News), Goldman Sachs (NYSE: GS - News), Ford (NYSE: F - News), Sotheby's (NYSE: BID - News), Bank of America (NYSE: BAC - News), Valassis Communications' (NYSE: VCI - News), Advo (NYSE: AD - News): Cramer observed that the performance of BBY and CC is an indication of strong consumer spending, adding: "As soon as you cut price for anything in this market, the consumer is ready." Since CC is losing a lot of its TV sales to BBY, Cramer suggests buying BBY. Cramer attributes the reverse in the market (although oil is up) to end of the year buying and that Monday's sellers are finished; "Do not forget how little stock there is around. So when the futures trade up, they are able to move absolutely everything." Cramer noted that futures did trade up and added that he would pick up oils like Exxon, since mutual funds are doing the same thing. He recommends buying Apple at $86, Oracle, and FedEx after it comes down, and says that the reason he is interested in these "broken situations" is that "Everyone needs a bargain to get in because then they feel like they've missed it. They don't want to show that they don't have enough equity in an unbelievable Dow year." Cramer noted that many companies reported that a weak dollar helped them in terms of translation, and believes that this is the reason Altria, Colgate and Procter and Gamble are too low. He suggests looking at TM, NYX and GS, adding that GS can ramp as the window is stil open to sell, that it had a great quarter and is cheaper than comparable stocks. He thinks that the NYX's merger with Euronext will be worthwhile in spite of the lack of sponsorship. Cramer warns against Ford upgrades because the company has to do some banking. He commented that BID looks cheap, BAC gave a good report and that VCI's merger with AD is at the right price.
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Labels: AAPL, AD, BAC, BBY, bid, CC, CL, F, FDX, GS, Jim Cramer, Market Minute, MO, NYX, ORCL, PG, TM, VCI, XOM