Jim Cramer's Mad Money Review

Buy ArvinMeritor (ARM) Jim Cramer said on CNBC's "Stop Trading!" segment Tuesday.
"I've been recommending that for a very long time," Cramer said of the auto parts company. "It's an American comeback story." He also recommended Borg Warner (BWA), which he said "has been really amazing."
Cramer said of Precision Castparts (PCP) that, up 9 points today, it's "not done." He also said that although Alcoa (AA) is a "gigantic user of energy," the company "can put through price increases." He also said he likes U.S. Steel (X), saying "It will not quit."
Cramer said that MasterCard (MA) and Apple (AAPL) appear unstoppable.
Legg Mason (LM) posted its first-ever loss today, sending shares down. Cramer said, "You can deliver bad performance... and people just yawn." He said that today Legg Mason showed "horrible performance."
Cramer also praised NYSE Euronext (NYX) CEO Duncan Niederauer for guiding the company to success. It announced soaring profits today on heavy trading volume. "This stock is just beginning at last. ... The model works," Cramer said.
Published By TheStreet.com

Labels: AA, AAPL, ARM, BWA, Jim Cramer, LM, MA, NYX, PCP, Stop Trading, X

Bullish:
SunPower (SPWR) and First Solar (FSLR): Cramer thinks that are all better alternative energy plays.
Sirius (SIRI): Likes better than XM radio.
Cummins (CMI): Don't walk away from. Take a little off the table.
Celgene (CELG): Buy instead of Amgen
Caterpillar (CAT): Let it come in..then buy.
US Steel (X) or Reliance Steel (RS).
China Finance Online (JRJC)
Bearish:
Headwaters (HW): Better plays in the energy sector.
XM Satellite (XMSR)
Tribune (TRB): Cramer thinks that the $34 per share deal will go through, even though it is a bad deal for employees, because Sam Zell is a man of his word. Employees should "Sell, Sell, Sell!"
Blockbuster (BBI): Don't have a good view of this stock. Don't buy.
Fossil (FOSL): Sell
CIT Group (CIT): Don't buy.
Arcelor Mittal (MT)
Amgen (AMGN):

Labels: CAT, CELG, CMI, FSLR, Jim Cramer, JRJC, Lightning Round, Mad Money, RS, SIRI, SPWR, X

Stocks to watch for Monday, August 27, 2007:
Citigroup (C) pulled together its emerging-markets credit group and its global credit-trading business. The combined group will be headed by Carey Lathrop, a nearly 20-year veteran of the bank who led the emerging-markets business.
Crocs (CROX), in an attempt to diversify its product line, will introduce a line of apparel for men and children. The apparel line, which Crocs intends to unveil today, will feature regular fibers, such as cotton, interwoven with a lightweight derivative of the pliable, plastic resin used to make Crocs' shoes. It will make its debut in stores in October.
Home Depot (HD) agreed to cut the price in its supply division sale to buyout firms by $1.8 billion, sources said on Sunday, as a housing market drop and a credit crunch forced all sides to renegotiate.
Marsh & McLennan (MMC) said it has agreed to buy back $800 million worth of its outstanding shares in an accelerated share repurchase transaction. The company said it will fund the transaction with proceeds from the recent sale of Putnam Investments and that it will conduct the purchase under the $1.5-billion share buyback authorization announced on Aug. 7.
Rambus (RMBS) said the special litigation committee established by the board has finished its review of stock options practices and submitted a final report to court. The special litigation committee was composed of two independent directors, J. Thomas Bentley and Abraham Sofaer, and it conducted its review with the assistance of independent counsel, the company said.
United States Steel (X) said it will buy Canadian steelmaker Stelco for $1.1 billion in a cash deal, including X paying $36.59 per share of Stelco.
Wal-Mart (WMT) is considering acquisitions in its home market as it seeks to open smaller stores and limit its reliance on giant supercenters for growth, the Financial Times reported.
Published by Minyanville.com

Labels: C, CROX, HD, Hot Stocks, MMC, RMBS, WMT, X

Stocks Hurt On Subprime Woes
1 The NYSE composite sank 2.1%, the S&P 500 2%, the Nasdaq 1.9% and the Dow 1.6% in heavy volume as several market leaders came under pressure. Countrywide Fin'l missed profit views and slashed targets, as delinquencies spread beyond subprimes. Home builders and lenders were among the worst hit. The 10-year Treasury yield fell 4 basis points to 4.92%.
Amazon Soars On Strong Growth
2 The e-commerce giant's Q2 profit shot up 280% to 19 cents a share, 3 cents over views. Sales grew 35% -- the best in more than 3 years -- to $2.89 bil. Amazon (NasdaqGS:AMZN - News) said it got 2.2 mil orders for the final Harry Potter book. It sees Q3 revenue of $3 bil-$3.175 bil vs. views for $3 bil. Amazon shares surged 18% in late trading to record highs after falling 3.5% ahead of results.
AT&T Tops Views; iPhone Soft?
3 The telecom giant's Q2 profit rose 21% to 70 cents a share ex items, beating views by 3 cents. Revenue was $29.5 bil, or $29.8 bil adjusted. AT&T (NYSE:T - News) added 1.5 mil mobile users vs. 1.2 mil in Q1. But the U.S. mobile provider of Apple' (NasdaqGS:AAPL - News)s iPhone activated just 146,000 of the handsets June 29-30, far fewer than forecast. AT&T shares fell 1%. Apple, which reports Wed., slid 6%.
Countrywide: Loan Woes Spread
4 The mortgage giant missed EPS views badly and warned on full-year goals, citing "increasingly challenging" housing and mortgage markets. Subprime delinquencies soared, but high-quality loans had problems, too. Countrywide (NYSE:CFC - News) shares fell 10% to their lowest close in 3 years. Moody's and Pimco warned of liquidity woes. Lenders, home builders and financials overall sold off hard.
Gen. Plans Troops In Iraq In '09
5 Gen. David Petraeus has developed plans to achieve sustainable security in '09, his spokesman said. The Pentagon emphasized it's just a draft. Separately, President Bush warned against pulling out troops quickly and argued al-Qaida was deeply involved in Iraq. Also, U.S. and Iran agreed after talks in Baghdad to work together on security in Iraq.
Energy Prices Continue To Drop
6 Natural gas prices slid 2.9% to $5.863 per mil Btu, the lowest since Feb. '05. U.S. supplies are swelling. Gasoline futures fell 5.64 cents to $2.0477 a gallon, extending a sharp drop over the past 2 weeks as refineries come back on line. Analysts expect the gov't to say Wed. that U.S. gasoline stockpiles rose last week. Crude futures fell $1.33 to $73.56 a barrel.
AK, U.S. Steel Profits Beat Views
7 U.S. Steel's (NYSE:X - News) Q2 EPS fell 14% to $2.66 ex items amid weak flat-rolled shipments. But that still topped views by 31 cents. Sales grew 2.4% to $4.2 bil. Meantime, AK Steel (NYSE:AKS - News) more than tripled Q2 EPS to 98 cents, beating views by 28 cents. Sales rose 25% to $1.87 bil. Higher shipments and lower labor costs helped. Steel Dynamics (NasdaqGS:STLD - News) missed views late Mon. Shares of all 3 steel makers edged up.
DuPont Misses On Higher Costs
8 The chemical giant said Q2 profit rose 3% to $1.04 a share ex items, 2 cents shy of views. Sales grew 6% to $7.88 bil as the weak dollar boosted int'l volume growth. But weak U.S. housing and auto markets as well as higher energy and research costs hurt. DuPont (NYSE:DD - News) sees '07 EPS of $3.15, below views of $3.18. Its shares fell 6% to 49.90.
CME Slips 2% After Q2 Earnings
9 The Chicago Mercantile Exchange (NYSE:CME - News) said its earnings rose 18% to $3.69 a share ex items, 3 cents ahead of expectations. Revenue grew 17% to $329 mil, just shy of forecasts. Derivatives trading rose 10% in the quarter after a quiet April. The company said it is focusing on digesting its merger with the Chicago Board of Trade .
Afghan Rebels Killed In Clashes
10 U.S., NATO and Afghan forces have killed over 75 Taliban terrorists in 3 separate battles in southern Afghanistan. Fighting has intensified as NATO-led coalition forces have attacked Taliban strongholds in the south near the Pakistan border. Meanwhile, the fate of 23 S. Korean missionaries held hostage remained unknown.
Published by Investor's Business Daily

Labels: AAPL, AKS, AMZN, CFC, CME, DD, STLD, T, X

Buy Reliance Steel (RS) off the big deal between U.S. Steel (X) and Lone Star (LSS) deal, Jim Cramer said Thursday on CNBC's "Stop Trading!" segment.
Cramer said Reliance, up 3% Thursday afternoon, is "the cheapest that's left" among the consolidation-crazed steel names. Of the U.S. Steel plan to acquire Lone Star, Cramer said, "What a deal."
Cramer likes GlobalSantaFe (GSF), saying a "monster seller" in the stock is giving investors an opportunity to "take advantage of the weakness" that has the stock down fractionally Thursday. Cramer believes Norway's SeaDrill could end up buying or merging with GlobalSantaFe.
Cramer likes Tata Motors (TTM), the Indian auto play, and is taking a look at Frozen Food Express (FFEX) and RadioShack (RSH) on Bob Olstein's advice।
Published by thestreet.com

Labels: FFEX, GSF, Hot Stocks, Jim Cramer, Jim Cramer's Stop Trading, LSS, RS, TTM, X

Lockheed Martin (NYSE: LMT - News): 'I think LMT is incredibly cheap. It's got a huge buyback. A question whether it even needs to be public. I would buy that stock hand over fist, every time it gets hammered. It's been a big winner, and it will stay a big winner.'Reliance Steel (NYSE: RS - News): 'RS is the cheapest stock left in the group. I look at RS, in the mid-$40s, and I think it's a travesty... The stock deserves to sell in the $50s... 'Freeport-McMoRan (NYSE: FCX - News): ' There are very few stocks that I feel have created value by merging in this country... FCX has created a giant colossus of copper... As the Chinese continue to buy copper, you are going to coin money FCX... I typically don't like the cyclicals right here. FCX is a buy, buy, buy, and I want you to stay long it. FCX, you rock!'Jacobs Engineering (NYSE: JEC - News): ' It has reported two great upside surprises. And it does not get the respect ... JEC is best in show.... trades very difficult... I think $90 goes to $110. I like the infrastructure group. They're doing a great job.'Foster Wheeler (NasdaqGS: FWLT): 'I like FWLT.'Transocean (NYSE: RIG - News): 'I've got to go with best of breed RIG. Long Live RIG!'GlobalSantaFe (NYSE: GSF - News)
Neutral calls:
Riverbed (NasdaqGM: RVBD): 'It has now pulled back to $26. There is a sense that the stock is played out, and the reason is that there's been so much insider selling. I am now in 'wait and see' mode in RVBD.... I can't pull the trigger on RVBD, until I see the quarter...'
Bearish calls:
United States Steel (NYSE: X - News): 'Swap out of X and get into RS.'Southwest Airlines (NYSE: LUV - News): 'it was the once-great - because no one else had its recipe... and now everyone's got its recipe... and now, it's a don't buy ... LUV has got to come down before I can recommend it.'Advanced Micro Devices (NYSE: AMD - News): 'I've got to take the extraordinary step of pressing every single bad button there is! Sell, sell, sell! The house of pain... There is no reason for AMD to live! It has no purpose! It has nothing going for it! If you're in AMD, I give you permission right now to leave, and sell that stock!'GameStop (NYSE: GME - News): 'The new product's dried up a little, so I've got to tell you, I would not buy GME until we get closer to the Christmas season. I think it does nothing for now.'Diamond Offshore (NYSE: DO - News): 'No. DO does not have the leverage to the world that RIG has. It has a little too much Gulf of Mexico for me ... I cannot bless that stock.'
Published by SeekingAlpha

Labels: AMD, DO, FCX, GME, GSF, JEC, Jim Cramer, Lightning Round, LMT, LUV, Mad Money, RIG, RS, X

Shares of United States Steel Corp. (X.N: Quote, Profile, Research) rose over 8 percent on Friday and options were active, as talk reignited that the company is a takeover target, analysts said. "U.S. Steel shares are up dramatically on renewed takeout chatter," said Paul Foster, options strategist at Web site theflyonthewall.com in Chicago. In addition, analysts said a Moscow newspaper reporting on the possibility of a deal between Severstal and U.S. Steel had pushed up shares. The takeover talk has prompted many investors to aggressively seek upside calls to bet on further gains in the stock, Foster said. The demand for options has also pushed up U.S. Steel options volatility, as investors brace for a big stock move. More than 110,000 contracts had changed hands in U.S. Steel in the U.S. options market by mid-afternoon, way above its normal volume of 15,250 contracts, according to market research firm Track Data.
U.S. Steel declined to comment. Meanwhile, shares of the company, which has been the subject of takeover rumors for months, rose $5.61, or 8.7 percent, to $70.21 in New York Stock Exchange trading. At one point, the stock traded as high as $71.82. Steel has become attractive as prices have been on the rise due to strong demand both domestically and abroad. "Overall, the steel group is up today trading very actively, as there are rumors circulating that a takeover might occur in this sector," said William Lefkowitz, options strategist at brokerage firm vFinance Investments in New York. Focus your attention on this industry in the next couple weeks, big deals could take place.
Source: Reuters

Labels: Buyouts, Mergers, Steel, Takeover, US Steel, X