Jim Cramer's Mad Money Review

Buy Ralph Lauren (RL), Jim Cramer said on CNBC's "Stop Trading!" segment Wednesday.
"I like it because of the J.C. Penney (JCP) tie-in," Cramer said. He said today's move "seems like a bit of a short squeeze," he said, but "I think it can go higher from here."
Elsewhere in apparel, Cramer said that VF Corp. (VFC) "is the analogue of Ralph Lauren. ... If Ralph Lauren's good you don't leave this stock."
Cramer went on to praise management at Eaton (ETN). He said the company is "part of my new-tech world," and predicted it would hit a 52-week high. He said he also likes Emerson (EMR). "These companies are on fire," he said.
Of Nucor (NUE), Cramer said the company's secondary offering is an entry point. He advised more caution on Cleveland-Cliffs (CLF). "Let it cool off before you buy it here," he said.
Cramer was less bullish on AIG (AIG) and Wachovia (WB). "These are serial needers of capital," he said. He said firing AIG CEO Marty Sullivan would cause the stock to go up, and chastised Wachovia for its acquisition of Golden West. "This was one of the dumbest acquisitions ever and they're paying for it," he said.
"If they knew what they owned I would be more comfortable," Cramer said of AIG and Wachovia. "They're like Citigroup (C)." He said that when the companies claim to know what they have, "they're being wishful."
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Labels: AIG, C, CLF, EMR, ETN, JCP, Jim Cramer, NUE, RL, Stop Trading, VFC, WB

Gold is back, Jim Cramer said on CNBC's "Stop Trading!" segment Thursday. Cramer dismissed Wall Street observers' claims that the dollar is correlated with oil. "Oil is correlated to supply and demand," he said. "The stocks are signaling that gold is going higher." He recommended Agnico-Eagle Mines (AEM) and Yamana Gold (AUY). "They're not done going up," he said.
"Retail was a great trade," Cramer said, but "we're finished. I want to sell retail." He instructed viewers to get out of Nordstrom (JWN), Phillips-Van Heusen (PVH ) and VF Corp. (VFC).
On the other hand, "Wal-Mart (WMT) is the keeper in this group," Cramer said. However, he observed that "Kohl's (KSS) said good things, the stock is going down. This group has had it." He was also bearish on Target (TGT).
Cramer then moved on to discuss oil drilling in India. He said companies like Transocean (RIG) are "really talking about India."
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Labels: AEM, AUY, Jim Cramer, JWN, KSS, PVH, RIG, Stop Trading, TGT, VFC, WMT

Cramer Cries Foul:
United Technologies (UTX), Microsoft (MSFT), Honeywell (HON), IBM (IBM), Fluor (FLR), Union Pacific (UNP), CSX (CSX)
Cramer declared he was sick and tired of taking abuse from people who say I've gotten it wrong, specifically Robert Samuelson who wrote in a recent Newsweek article that Cramer advocates rate cuts only to create a short-term lift for stocks. Cramer argued he has been advocating rate cuts for a year, and band-aid stimulus packages that give away taxpayer monies that we don't have are not the solution. Instead, he advocates a rate reduction of 1.75% and said the Fed was unsophisticated, arrogant and incredibly reckless. Cramer said in the current environment, he would consider buying UTX, MSFT, HON, IBM, FLR, UNP, CSX.
Excuses, Excuses: Motorola (MOT), Nokia (NOK)
Sometimes a loser company's excuses can bring down good companies. Cramer cited MOT, which reported abysmal numbers last week, admitted mobile sales were down 38% and blamed the economy. As a result, there was a huge selloff of MOT and NOK, even though NOK reported a 44% increase in sales, bigger market share and strength in foreign markets. Nokia should not be punished for Motorla's sins, particularly since MOT makes products no one wants to buy and lacks vision.
CEO Interview: Emanuel Chirico of Phillips-Van Heusen (PVH) also with stocks Liz Claiborne (LIZ), VF Corp (VFC), Jones Apparel (JNY)
Cramer says retail is the place to be if there will be another rate cut and mentions he likes LIZ, VFC and JNY in addition to PVH. Emanuel Chirico said although his company was one of the first in the sector to issue warnings about a sluggish consumer, PVH recently beat its estimates by two cents a share. While inventories are up slightly, Chirico highlighted PVH's successful buyback program and its renaming Continental Airlines Area to Izod Arena, which will be a strong marketing tool. While Cramer likes all the retail names he mentioned, he adds PVH is the cheapest in the group.
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Labels: CSX, FLR, HON, IBM, Jim Cramer, JNY, LIZ, Mad Money, MOT, MSFT, NOK, PVH, UNP, UTX, VFC

Sun Microsystems (JAVA): Cramer thinks it's finally turned the corner, but it's still too cheap.
Potash (POT): Cramer says that rankings in the agriculture sector are Agrium (AG), Mosaic (MOS), Sociedad Quimica (SQM), and then Potash since it moved too much.
Nuance (NUAN): "Don't buy. Don't buy."
Cheesecake Factory (CAKE): Thinks it's too cheap. Not giving up on it yet.
Rite-Aid (RAD): Giving CEO one more quarter. He thinks that CVS (CVS) and Walgreens (WAG) are doing much better.
China Mobile (CHL): This is a China stock that he still likes, along with Baidu.com (BIDU).
VF Corp. (VFC): Cramer thinks it's one of the better names in the apparel sector.
Western Refining (WNR): If you want to buy a refining stock, buy Valero
(VLO), or Sunoco (SUN) instead of WNR.
Energy Conversion Devices (ENER): Lose it and go with First Solar (FSLR)
Lockheed Martin (LMT): Start buying. Cramer thinks the stock is going even higher.
Starbucks (SBUX): "Don't buy, Don't buy."
Marvell (MRVL): Cramer thinks it's toxic.
First Horizon National (FHN): It's a cheap bank stock, and Cramer likes that.
Coeur d'Alene Mines (CDE): Cramer thinks this is one of the worst mining companies around, and that Barrick Gold (ABX) is the best play, and you can go with Pan American Silver (PAAS) if you want a silver stock.
DivX (DIVX): "There is nothing there to buy."
GameStop (GME): Wants the stock lower. Cramer thinks you should take some profits now, and buy more if the stock drops below $55.
Exxon Mobil (XOM): Cramer's price target for this stock is now $100.
Haynes (HAYN): It's played out for now.

Labels: CAKE, CHL, CVS, JAVA, Jim Cramer, Lightning Round, Mad Money Lightning Round, NUAN, POT, RAD, SQM, VFC, WAG, WNR

Wall Street Casino: Cisco (NasdaqGS: CSCO - News), Under Armour (NYSE: UA - News), Coke (NYSE: K - News), Pepsi (NYSE: PEP - News), Level 3 Communications (NasdaqGS: LVLT - News)Cramer compared the stock market to a poker table at the Fed's casino where Ben Bernanke can change the rules at will. Everyone thought John Chambers, CEO of Cisco, was bluffing when he said networking was strong and announced a big buyback five days before the end of the quarter, but it turned out he was holding a full house. Cramer doesn't think Cisco's luck has run out yet, and thinks LVLT also has a "hot" hand. Under Armour had a poker face all quarter and showed a straight flush. Everyone sees Coke and Pepsi's hand, comments Cramer, and they will always have three of a kind, which is good in the current environment. However, financials have such "crummy" hands that they don't even try to fake it anymore.CEO Interview: Mackey McDonald, VF Corp. (NYSE: VFC - News)Cramer praised VFC for focusing on its brands and for expanding overseas while the domestic retail sector has been challenged lately. McDonald said the consumer is still buying, but is concentrating on high-quality products. "having a portfolio of strong brands is extremely important," he added, "We're always looking for additional brands. We establish a target list of areas we're not strong in that we want to be strong in. We find the best brands to fit those needs and try to make the best acquisitions we can." Cramer says VFC doesn't need the American consumer to thrive.Mad Mail: Hitting HomeWhen a viewer asked Cramer if a cut in interest rates will be bad for the dollar and harm investor holdings relative to the rest of the world, he said he doesn't care about dollars and tariffs, but is concerned about millions of Americans who are faced with the prospect of losing their homes.Published By SeekingAlpha

Labels: CSCO, Jim Cramer, K, LVLT, Mad Money, PEP, UA, VFC

OM Group (NYSE: OMG - News), Fuel Tech (NasdaqGM: FTEK), Foster Wheeler (NasdaqGS: FWLT), Shaw Group (NYSE: SGR - News)
Completing his week-long segment which featured "green" stocks, Cramer unveiled his two favorite environmental companies: OMG and FTEK. OMG has 25% of the world's supply of cobalt which is used for hybrid car batteries. Cramer predicts cobalt should remain stable or go higher, especially since there are no new sources until 2009. OMG also has exposure to copper, which Cramer thinks will become more valuable, and is fixing its balance sheet. While he recommended FWLT and SGR earlier in the week as clean power picks, Cramer says they are for conservative investors, but for those who are looking for some risk, he likes FTEK as the ultimate speculative Green Day play. The company has technology to make coal power cleaner by reducing nitrogen-oxide emissions and has been getting "contract after contract." Since 49% of electricity in the US is derived from coal, and ethanol is not yet efficient, FTEK is "pretty important." On a general note, Cramer said even though the market is up, he is still bullish; “I am not exaggerating when I say the best is yet to come. We are going to be up 17%" this year."
Picks for the Week Ahead: VF Corp. (NYSE: VFC - News), Parker-Hannifin (NYSE: PH - News), Eaton (NYSE: ETN - News), Honeywell (NYSE: HON - News), Akamai Technologies (NasdaqGS: AKAM), Apple (NasdaqGS: AAPL), Boeing (NYSE: BA - News), PepsiCo (NYSE: PEP - News), Allegheny Technologies (NYSE: ATI - News), Exxon Mobil (NYSE: XOM - News), Halliburton (NYSE: HAL - News), Level 3 Communications (NasdaqGS: LVLT), NYSE (NYSE: NYX - News), Cummins (NYSE: CMI - News), National Oilwell Varco (NYSE: NOV - News)
While Monday will be quiet, Cramer says there will be a lot going on the market for the remainder of the week. On Tuesday, VFC and PH will report, and he expects an upside for both companies since VFC is a "Benefit of the Doubt" play, and he predicts PH will ride the wave with ETN and Honeywell. Wednesday will be busy, and Cramer limited his picks to five; he would buy Akamai for its streaming video and Apple for its iPhone ahead of their earnings reports, BA because it is going to $100, and ATI which will report a "giant number" and Pepsi. On Thursday, he would take a look at XOM, which will report, as well as HAL and LVLT, both of which have "lagged” but may run. Cramer's growth stock of the year, NYX, also reports on Thursday. Cummins and NOV are on the agenda for Friday and are “not done going up"
Mad Mail: Lamson & Sessions (NYSE: LMS - News), Charter Communications (NasdaqGM: CHTR), Dynegy (NYSE: DYN - News), Rite Aid (NYSE: RAD - News)
Cramer likes LMS as a potential acquisition and predicts the risk/reward is 1 point down and 6 points up. Concerning the CNBC 's Million Dollar Portfolio Challenge, Cramer said his favorite stocks are CHTR, DYN and RAD as "great single-digit plays and LVLT as a "good game name."
Published by SeekingAlpha

Labels: AAPL, AKAM, ATI, BA, CMI, DYN, HAL, Jim Cramer, LMS, Mad Money, NOV, NYX, OMG, PEP, PH, RAD, SGR, VFC, XOM

Celgene (NasdaqGS: CELG): 'I want the money shifted over to CELG.'Level 3 Communications (NasdaqGS: LVLT): 'I want to pull the trigger on this. This stock has had a tremendous run. When stocks have tremendous runs, of course they come in ... It's one of these stocks that is using the incredibly low rates - 4.67% on the 10-year today... And they are refinancing, they are issuing equity instead of debt... I'm telling you to back up the truck at $6 smackers.'First Solar (NasdaqGM: FSLR): 'It's the hottest, it's the best, and it's FSLR, because it does not need a handout from the great United States of America, in order to make the numbers.'Saks (NYSE: SKS - News): 'even though they lost their CFO, I'm giving them the benefit of the doubt! I would buy the stock.'VF Corp. (NYSE: VFC - News)J.C. Penney (NYSE: JCP - News)Polo Ralph Lauren (NYSE: RL - News)Inergy (NasdaqGS: NRGY): 'This is one of those very high-yielding ... propane wholesale distribution business, which is a fabulous business, and generates a huge amount of cash flow... 'American Tower (NYSE: AMT - News): 'The tower industry is in bull-market mode for so long - longer than this show's been on. I reiterate my buy on AMT. And everybody who wants to see a great cashflow business, look at the cell phone tower business.'Vaalco Energy (NYSE: EGY - News): 'It's pulled back to $5. I think people feel it's too risky. At $5 bucks, I like it. This is speculative ... I want to be very careful.'Exxon Mobil (NYSE: XOM - News):Transocean (NYSE: RIG - News):GlobalSantaFe (NYSE: GSF - News)ConocoPhillips (NYSE: COP - News): 'I haven't liked it, but versus the others, it's got to be bought right here. Buy, buy, buy!'Qwest Communications (NYSE: Q - News): 'Dick Notebart is doing an unbelievable job. That stock just blew through $9. They got the gigantic federal contract. I think Q is going to $10, not in a heartbeat, but pretty darn soon.'American Ecology (NasdaqGM: ECOL): 'We've liked that stock very much. I like the dividend too. I want to stick with that.'
Bearish calls:
Geron (NasdaqGM: GERN): 'No, no. Way too speculative for me. Why buy a risky stock like GERN, when CELG has got less risk and more reward?...'FuelCell Energy (NasdaqGM: FCEL): 'You know I'm not a fan.'Acadia Pharmaceuticals (NasdaqGM: ACAD): 'This is one of those - they already priced the deal.'Harley-Davidson (NYSE: HOG - News): 'I am concerned. Don't buy, don't buy. I've got to do more work. Maybe I am wrong, and that HOG could go still lower.'Walgreen (NYSE: WAG - News): 'WAG is a consistent, slow-grower ... 'don't buy, don't buy' until I see whether WAG does indeed pull the trigger on Express Scripts.'Energy Partners (NYSE: EPL - News):: 'I am strictly in the sell, sell, sell mode.'Monster Worldwide (NasdaqGS: MNST): 'I was very let down by the MNST numbers. That was a clear and utter miss!'
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Labels: AMT, CELG, COP, EGY, FSLR, GSF, JCP, Jim Cramer, Lightning Round, LVLT, Mad Money, NRGY, Q, RIG, RL, SKS, VFC, XOM

On The Up and Up: Boeing (NYSE: BA - News), Ingersoll Rand (NYSE: IR - News), Caterpillar (NYSE: CAT - News), Black & Decker (NYSE: BDK - News), American Standard (NYSE: ASD - News), Alliant Tech (NYSE: ATK - News), Whirlpool (NYSE: WHR - News), Cisco (NasdaqGS: CSCO), VF Corp. (NYSE: VFC - News), Disney (NYSE: DIS - News), Bunge (NYSE: BG - News), Curtiss-Wright (NYSE: CW - News)
Cramer suggested that one should "buy high, sell higher" and recommnended stocks for which the new law of physics is "What goes up the first day must go up again and again;" BA IR, CAT, BDK, ASD and ATK. Cramer's "best bet" for the coming week is WHR since it has a "near monopoly" but low expectations, and at $92.35, he thinks the stock could go at least to $120. Cramer also likes CSCO, which is also faced with low expectations, and VFC. He added that DIS should see another rally and Bunge is ready for a comeback. In addition, CW should get a bounce from its earnings report on Thursday.
Related: Whirlpool recently sold its Hoover division.
Contrarian Stocks: Yahoo! (NasdaqGS: YHOO), Google (NasdaqGS: GOOG), eBay (NasdaqGS: EBAY)
Cramer comments on the seeming illogic of Yahoo and eBay's rise and Google's fall, but explains that it is a case of accelerating versus decelerating growth. Yahoo and eBay are both "broken stocks", but with Yahoo's Panama, there is hope for a comeback. In addition, the fact that eBay was "written off" gave its halfway decent number enough power to attract buyers. Cramer predicts that Yahoo and eBay are not finished going up. Although Google reported a "blowout quarter," its 99% growth last year has dwindled to 40%. However, Cramer says that since Google has a virtual monopoly on page search as well as a low muliple, he reiterates his prediction that the stock will go to $600, but believes it may stop at $450 first.
Related: Yaser Anwar takes a close look at Google's earnings.
New IPO: Switch & Data (SDXC), Level 3 Communications (NasdaqGS: LVLT), Equinix (NasdaqGS: EQIX), Akamai Technologies (NasdaqGS: AKAM), Apple (NasdaqGS: AAPL) and Microsoft (NasdaqGS: MSFT)
Cramer recommends picking up next week's hot IPO, Switch & Data, which is not a typical broadband company, but provides infrastructure for servers, making LVLT's work possible. Other customers include: Akamai Technologies Apple and Microsoft. Cramer is basing his predictions on EQIX's success, since it provides a similar service and doubled in 2006. He would get a into the stock through the following underwriters: Deutsche Bank, Jefferies & Co., CIBC World Markets, Raymond James, Lazard Capital Markets, RBC Capital Markets and Merriman Curhan Ford. Otherwise, he would buy the IPO for up to $20 and sell at $24.
Mad Mail: NYSE Group (NYSE: NYX - News), Halliburton (NYSE: HAL - News)
Cramer still likes NYX as would also stick with Halliburton, which he thinks is inexpensive and good.
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Labels: AAPL, ASD, ATK, BA, BDK, CAT, CSCO, DIS, EBAY, GOOG, HAL, IR, Jim Cramer, Mad Money, MSFT, NYX, VFC, WHR, YHOO

Fallen Angel: VF. Corp (NYSE: VFC - News)
Cramer discussed "fallen angels" or stocks which deserve to trade at a higher multiple, but are down because of the market's stupidity. Cramer appaluds VFC's move in selling its "horrible" intimate apparel business which had "razor-thin margins" in order to let its more successful businesses thrive. However, investors did not hear this good news and instead paid too much attention to the company's disappointment with its fourth quarter and consequently "threw it down the pit." The stock dropped 7%, but Cramer predicts that it will miss its quarter by a mere three cents, and it should return to where it was and go higher after it reports on February 6.
Bad Press for Amgen (NasdaqGS: AMGN)
Cramer's second fallen angel, Amgen, was the victim of a negative headline which alleged that its Aranesp drug was potentially fatal when the patients who died were not expected to recover, regardless of the medicine. Low guidance was another factor in the stock's slip, but Cramer says that AMGN historically is conservative with guidance and expects to see an upside surprise. In addition, he notes that the company has drugs for osteoperosis and colon cancer in the pipeline.

Oxford Blues: Quest Diagnostic (NYSE: DGX - News), United Health (NYSE: UNH - News)
Cramer's third fallen angel is DGX, which fell apparently on the news of its split with Oxford Health, but Cramer believes that this factor was already built into the price. Cramer would buy DGX now, since it reported a good quarter and is cheap because of its low guidance. Although DGX thinks it will lose UNH, since UNH owns Oxford, Cramer does not believe this will happen and suspects DGX of low-balling, and predicts lackluster expectations will cause the stock to soar.CEO Interview, Peter van Stolk, Jones' Soda (JDSA)
Cramer asked Peter van Stolk if Jones' increase should continue now that its exclusive soda contract with Target has expired. While van Stolk commented that Target is a great retailer and that he expects to continue working with them, new opportunities should cause the stock to ramp. One of Jones' major selling points is that it uses pure cane sugar rather than corn syrup."Corn is for cars, and sugar is for sodas," he quipped. Since Jones has had a "monster move," Cramer would wait for it to come down a bit before buying.
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Labels: AMGN, DGX, JDSA, Jim Cramer, Mad Money, UNH, VFC

More Top Foreign Stocks: Companhia Vale do Rio Doce (NYSE: RIO - News), NTL (NASDAQ: NTLI - News) and Bank of Nova Scotia (NYSE: BNS - News) with Homex Development (NYSE: HXM - News) and Baidu (NASDAQ: BIDU - News)
After discussing RIO, his favorite foreign stock, Cramer moved a bit further down the list to the largest British cable company, NTL. Although the stock didn't move when other cable companies rallied and has a pile of debt, Cramer sees an upside for the company with its triple play of internet, cable and phone. Since Virgin Mobile has a stake in the company, it is changing its name to Virgin Media which will improve NTL's image since the Virgin brand name is "incredibly strong." Cramer also likes BNS, and says that it has good growth potential and will likely keep increasing its 3.3% dividend. He adds that BNS has the advantage of taking market share in Canada, an "underbanked country, and is "the single-best, low-risk way to play the new pro-capitalist revolution in Latin America." Cramer reiterated his statement that an investor could devote 20% of his or her portfolio to foreign stocks, and while he also likes Homex and Baidu, he warns that they have already had a run and are too expensive now.
An Amicable Separation: Tyco (NYSE: TYC - News)
Cramer points out that some companies are not as strong as the sum of their parts, and observes that if TYC were to spin off its four divisions: electronic, health care, engineered products and fire and securities, the businesses would be worth more separately. His conservative estimate is that Tyco's breakup would mean a 10% upside for the stock.
CEO Interview: Mackey McDonald: VF Corp. (NYSE: VFC - News)
Commenting on the company's sale of its sluggish Fruit of the Loom business, Mackey McDonald said, "Today's announcement is a big step forward," adding that the sale will improve VFC's organic growth rate and gross margins. Mackey commented that the company will now be in a position to develop its higher-growth businesses and to focus on its shareholders. Cramer would back up the truck and buy VFC.
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Labels: BIDU, BNS, HXM, Jim Cramer, Mad Money, NTLI, RIO, TYC, VFC