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Cramer on BloggingStocks: The Fed's push for TARP payback

Jim Cramer — Tue, 24 Nov 2009 09:30:00 EST

Filed under: Wal-Mart (WMT), Amazon.com (AMZN), Market matters, Citigroup Inc. (C), Regions Financial (RF), Bank of America (BAC), Wells Fargo (WFC), Cramer on BloggingStocks, Financial Crisis

From TheStreet.com Network

TheStreet.com's Jim Cramer says the sooner banks repay TARP, the more likely they will power higher in 2010.

The Federal Reserve wants higher stock prices. That's all I can think of when I see that it wants repayment plans into place for the big banks such as Bank of America (BAC) (Cramer's Take), PNC (PNC) (Cramer's Take), Citigroup (C) (Cramer's Take), Fifth Third (FITB) (Cramer's Take), Wells Fargo (WFC) (Cramer's Take), Regions Financial (RF) (Cramer's Take), SunTrust (STI) (Cramer's Take) and KeyCorp (KEY) (Cramer's Take), all names that haven't repaid the Troubled Asset Relief Program yet.

Why would these plans bring about higher prices?

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Cramer on BloggingStocks: The Fed's push for TARP payback originally appeared on BloggingStocks on Tue, 24 Nov 2009 09:30:00 EST. Please see our terms for use of feeds.

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Cramer on BloggingStocks: Sanofi has lots of upside catalysts

Jim Cramer — Mon, 23 Nov 2009 10:00:00 EST

Filed under: Analyst reports, Pfizer (PFE), Market matters, Bristol-Myers Squibb (BMY), Merck and Co (MRK), Lilly (Eli) (LLY), Deere and Co (DE), Stocks to Buy, Potash Corp. of Saskatchewan (POT)

From TheStreet.com Network

TheStreet.com's Jim Cramer says it looks like the patent worries aren't so dire after all.

Now that we see that health care reform is not going to bring price caps or socialization of medicine, we are beginning to see some real expansion in the drug stocks, including Merck (MRK) (Cramer's Take), Bristol-Myers (BMY) (Cramer's Take) and Lilly (LLY) (Cramer's Take). But there is one drug stock that is continually met with skepticism -- Sanofi Aventis (SNY) (Cramer's Take), the French vaccine and pharmaceutical maker run by Christian Viehbacher. The resistance is obvious, as his biggest two drugs are coming off patent very soon, and his hope is that by 2013 the company might again reach 2008 levels.

Sounds like there's no reason to buy this one. Sounds like its 4% dividend isn't safe.

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Cramer on BloggingStocks: Sanofi has lots of upside catalysts originally appeared on BloggingStocks on Mon, 23 Nov 2009 10:00:00 EST. Please see our terms for use of feeds.

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Cramer on BloggingStocks: Dell feeds the bears

Jim Cramer — Fri, 20 Nov 2009 09:30:00 EST

Filed under: Google (GOOG), Apple Inc (AAPL), Dell (DELL), Hewlett-Packard (HPQ), Market matters, Limited Brands (LTD), Cramer on BloggingStocks, Technology

From TheStreet.com Network

TheStreet.com's Jim Cramer says traders who focus on the negative will pounce on this poor report.

Thanks for nothing, Dell (DELL) (Cramer's Take)! Given that this market seems to care less about the good like NetApp (NTAP) (Cramer's Take), Ross Stores (ROST) (Cramer's Take) or Limited (LTD) (Cramer's Take) and is focused on the bad, like the semi-downgrade from Bank of America Merrill Lynch, I am sure that Dell will be viewed as part and parcel with the downgrade.

I can't stand Dell. I actually slam it in Getting Back to Even, taking a chance that it would get its act together and make me look bad on the very quarter the book is released. Looks like that was a lot of worry for nothing.

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Cramer on BloggingStocks: Dell feeds the bears originally appeared on BloggingStocks on Fri, 20 Nov 2009 09:30:00 EST. Please see our terms for use of feeds.

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Cramer on BloggingStocks: Dismiss the latest tech downgrades

Jim Cramer — Thu, 19 Nov 2009 08:15:00 EST

Filed under: Analyst reports, Analyst upgrades and downgrades, Dell (DELL), Intel (INTC), Market matters, Texas Instruments (TXN), Limited Brands (LTD), Honeywell Intl (HON), United Technologies (UTX), Cramer on BloggingStocks

From TheStreet.com Network

TheStreet.com's Jim Cramer says the world's economies are getting too strong to obey these downgrades of Intel and TI.

When Wall Street starts looking at tech companies as they would industrials -- as they should be scrutinized -- then we will not get downgrades like Bank of America/Merrill's takedowns of Intel (INTC) (Cramer's Take) and Texas Instruments (TXN) (Cramer's Take).

The essence of these two downgrades is the looming inventory correction that everyone has feared from $14 a share onward for Intel and $18 for Texas Instruments at the start of the summer. At every step I have heard of this coming breakdown, the double ordering and the decline in demand as one analyst after another has warned us of the apocalypse around the corner.

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Cramer on BloggingStocks: Dismiss the latest tech downgrades originally appeared on BloggingStocks on Thu, 19 Nov 2009 08:15:00 EST. Please see our terms for use of feeds.

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Cramer on BloggingStocks: Ag and shippers are the newest bull markets

Jim Cramer — Wed, 18 Nov 2009 09:30:00 EST

Filed under: Deere and Co (DE), Stocks to Buy, Cramer on BloggingStocks, Potash Corp. of Saskatchewan (POT)

From TheStreet.com Network

TheStreet.com's Jim Cramer says it's not too late to get on board these rocket ships.

During the great narrow bull market that was 2006-2007, anyone who hitched a ride on any bulk or oil carrier, any DryShips (DRYS) (Cramer's Take) or Diana (DSX) (Cramer's Take), or any Frontline (FRO) (Cramer's Take) or Nordic American Tanker (NAT) (Cramer's Take), or anyone who bought anything ag-related -- Deere (DE) (Cramer's Take), Monsanto (MON) (Cramer's Take), Potash (POT) (Cramer's Take) -- looked like a genius.

Beginning midyear last year, you looked like a moron.

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Cramer on BloggingStocks: Ag and shippers are the newest bull markets originally appeared on BloggingStocks on Wed, 18 Nov 2009 09:30:00 EST. Please see our terms for use of feeds.

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Cramer on BloggingStocks: This frustrating new market

Jim Cramer — Tue, 17 Nov 2009 09:00:00 EST

Filed under: Analyst upgrades and downgrades, Market matters, Coach Inc (COH), Goldman Sachs Group (GS), Morgan Stanley (MS), Nordstrom, Inc (JWN), Polo Ralph Lauren'A' (RL), Cramer on BloggingStocks

From TheStreet.com Network

TheStreet.com's Jim Cramer says there is as extreme an aversion to discipline as he can recall.

If you want to know why it is so frustrating to be buying stocks up here think no further than the Goldman Sachs (GS) (Cramer's Take) push into the high-end retail stocks, a push that, even as flexible and chameleon-like that I am, I find flabbergasting.

All year the trade has been to be buying the recovery stocks, the companies that sell the most expensive goods, and abandon the dollar stocks which peaked last year in the midst of the worst recession since the 1930s. It was plain as day.

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Cramer on BloggingStocks: This frustrating new market originally appeared on BloggingStocks on Tue, 17 Nov 2009 09:00:00 EST. Please see our terms for use of feeds.

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Cramer on BloggingStocks: Oil and the equity nirvana

Jim Cramer — Mon, 16 Nov 2009 09:20:00 EST

Filed under: Cisco Systems (CSCO), Market matters, International Business Machines (IBM), Caterpillar (CAT), Colgate-Palmolive (CL), Procter and Gamble (PG), Freep't McMoRan Copper (FCX), Oil, Stocks to Buy, Cramer on BloggingStocks

From TheStreet.com Network

The Street.com's Jim Cramer says that OPEC may take oil out of the equity-market equation and make stock-picking matter again.

If OPEC says it likes an oil price in the $75-78 range, as it said today, we could be looking at a nirvana moment for stocks. We know that any time oil bounces, the S&P 500 futures go up. Any time it goes down, the S&P futures go down. But if OPEC wants to keep it right here, we take oil out of the equation and make stock-picking matter again.

Right now, the Saudis are telling the big oil-shipping companies that they want to bring 1 million barrels a day into the market straight away to keep oil below $80. That can be used to overwhelm the speculators who are tying up as much as 20% of the oil fleet in the world to keep oil off the market and buoy its price. But they will not bring the oil to the market below $75.

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Cramer on BloggingStocks: Oil and the equity nirvana originally appeared on BloggingStocks on Mon, 16 Nov 2009 09:20:00 EST. Please see our terms for use of feeds.

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Cramer on BloggingStocks: Recognize the ludicrous pattern

Jim Cramer — Fri, 13 Nov 2009 10:40:00 EST

Filed under: Market matters, BP p.l.c. ADS (BP), Oil, Cramer on BloggingStocks

From TheStreet.com Network

TheStreet.com's Jim Cramer says if the market made sense, you could buy retail and restaurants off the lower oil price.

Here's the pattern: We get shelled by oil. It drops to $76 or $77, all energy goes down, and it takes everything else with it. Some of tech has been spared lately because of 3Com (COMS) (Cramer's Take).

Then, in the following couple of days, oil stabilizes (but not after it hurts the oils again), rallies, and everything goes with it.

That's what's been occurring. I don't know why it's any different. In this moment in time, it's often best to buy the most hammered natural gas stocks because they come back fast. The best value is Devon (DVN) (Cramer's Take), but it simply isn't down enough. Apache (APA) (Cramer's Take) would make sense below $60, which is still a ways from here.

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Cramer on BloggingStocks: Recognize the ludicrous pattern originally appeared on BloggingStocks on Fri, 13 Nov 2009 10:40:00 EST. Please see our terms for use of feeds.

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Cramer on BloggingStocks: Not much time left for downside

Jim Cramer — Thu, 12 Nov 2009 10:00:00 EST

Filed under: Hewlett-Packard (HPQ), Wal-Mart (WMT), Market matters, Cramer on BloggingStocks

From TheStreet.com Network

TheStreet.com's Jim Cramer says the futures are wrong again -- as the year winds down, the chances for a big drop are dwindling.

All morning long I have listened to extended discussions about why the futures are down: Hewlett-Packard's (HPQ) (Cramer's Take) guide-up wasn't much of a guide-up, Wal-Mart's (WMT) (Cramer's Take) beat wasn't real because of the revenue, oil could be down because of the Deutsche Bank forecast.

I think it is nonsense.

There's no reason for the futures to be doing anything. We are, once again, presuming knowledge.

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Cramer on BloggingStocks: Not much time left for downside originally appeared on BloggingStocks on Thu, 12 Nov 2009 10:00:00 EST. Please see our terms for use of feeds.

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Cramer on BloggingStocks: China's industrial focus helps lots of U.S. names

Jim Cramer — Wed, 11 Nov 2009 09:30:00 EST

Filed under: China, Market matters, Caterpillar (CAT), Schlumberger Limited (SLB), Bank of America (BAC), U.S. Steel (X), Nucor Corp (NUE), Toll Brothers (TOL), BHP Billiton Ltd ADR (BHP), Freep't McMoRan Copper (FCX), Wells Fargo (WFC), Stocks to Buy, Burlington Northern Santa Fe (BNI), Cramer on BloggingStocks

From TheStreet.com Network

TheStreet.com's Jim Cramer says at least one country is getting it right when it comes to economic stimulus.

How in the heck can you get 16% industrial growth and lower-than-expected consumer price inflation? How is that possible? Yet that's what we saw from China last night, and that's a tonic to pretty much everyone who is waiting for our own stimulus to kick in.

And we need it.

On Monday, Fluor (FLR) (Cramer's Take), the giant construction company, when asked if it could quantify the value of stimulus dollars currently in backlog, said "Really, the only stimulus funding we have seen directly has been the award that we got at Savannah River for some nuclear soil remediation. And, it was, I would say, we're less than $0.5 billion."

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Cramer on BloggingStocks: China's industrial focus helps lots of U.S. names originally appeared on BloggingStocks on Wed, 11 Nov 2009 09:30:00 EST. Please see our terms for use of feeds.

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Cramer on BloggingStocks: Investors are rethinking their snap judgments

Jim Cramer — Tue, 10 Nov 2009 10:00:00 EST

Filed under: Microsoft (MSFT), Apple Inc (AAPL), Cisco Systems (CSCO), Dell (DELL), Hewlett-Packard (HPQ), Intel (INTC), Home Depot (HD), Motorola (MOT), Market matters, International Business Machines (IBM), JPMorgan Chase (JPM), Goldman Sachs Group (GS), Lowe's Cos (LOW), Cypress Semiconductor (CY), Stocks to Buy, Cramer on BloggingStocks

From TheStreet.com Network

TheStreet.com's Jim Cramer says that as numerous stories are mulled over anew, the reasons for selling seem silly.

The lack of important data today forces market participants to revisit stories that got tossed out over the last few weeks simply because of earnings ennui. People are now doubling back to see what they have forgotten, or more important, why they sold certain stocks they most likely shouldn't have.

For example, why did JPMorgan (JPM) (Cramer's Take) go from $47 to $44? Bad loans? Credit quality? No, not really. Nothing like that. Why did Goldman Sachs (GS) (Cramer's Take) go from $192 to the $170s? Some of it was Meredith Whitney, but there is also a sense of entitlement that makes the firm hated, as if somehow it is too much of a pariah to invest in.

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Cramer on BloggingStocks: Investors are rethinking their snap judgments originally appeared on BloggingStocks on Tue, 10 Nov 2009 10:00:00 EST. Please see our terms for use of feeds.

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Cramer on BloggingStocks: Pelosi can't kill the health care sector

Jim Cramer — Mon, 09 Nov 2009 10:10:00 EST

Filed under: Market matters, Abbott Laboratories (ABT), Aetna Inc (AET), CIGNA Corp (CI), Gilead Sciences (GILD), Stocks to Buy, Cramer on BloggingStocks

From TheStreet.com Network

TheStreet.com's Jim Cramer says the Senate is filled with more-savvy politicians, and the upside for beaten-down names is huge.

Nancy Pelosi has now said her piece. The most unpopular Speaker of the House in the history of Wall Street has gotten her precious health care legislation through the House after ramming through a stimulus package that had far too little infrastructure and far too much pay raise for municipal and state workers, the most powerful interest group in the country.

But this time the Senate sees through it, and the politicians -- despite Pelosi's insistence that Tuesday's election went her way -- know better. There are pages after pages after pages in this bill that look threatening. But here's the rub: This bill's public option, the one that is supposed to be a killer to everything health care, should affect no more than 6 million people over a 10-year period, according to the Congressional Budget Office. In order to get 60 votes in the Senate, even that may prove to be too powerful an option.

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Cramer on BloggingStocks: Pelosi can't kill the health care sector originally appeared on BloggingStocks on Mon, 09 Nov 2009 10:10:00 EST. Please see our terms for use of feeds.

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Cramer on BloggingStocks: Standing firm but alone on housing

Jim Cramer — Fri, 06 Nov 2009 09:20:00 EST

Filed under: Market matters, Federal Natl Mtge (FNM), Wells Fargo (WFC), Housing, Cramer on BloggingStocks

From TheStreet.com Network

TheStreet.com's Jim Cramer says the bears simply won't hear the positives -- but he'll keep hammering them home.

Lots of things are coming together for housing, but nobody seems to care. We had Wells Fargo (NYSE: WFC) (Cramer's Take) the other day offer attractive interest-only mortgage loans to those in trouble, a bet that eventually housing will go higher. We had Fannie (NYSE: FNM) (Cramer's Take) allow people in trouble to rent to stay in their homes, and the government is going to extend the tax credit for homebuyers and broaden it. Plus, mortgage rates went under 5% again.

But nobody cared. No one.

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Cramer on BloggingStocks: Standing firm but alone on housing originally appeared on BloggingStocks on Fri, 06 Nov 2009 09:20:00 EST. Please see our terms for use of feeds.

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Cramer on BloggingStocks: All I'm asking for is rigor

Jim Cramer — Thu, 05 Nov 2009 09:30:00 EST

Filed under: Google (GOOG), Apple Inc (AAPL), Pfizer (PFE), Market matters, McDonald's (MCD), Caterpillar (CAT), Bristol-Myers Squibb (BMY), Chevron Corp (CVX), General Mills (GIS), Procter and Gamble (PG), Kimberly-Clark (KMB), Kohl's Corp (KSS), Polo Ralph Lauren'A' (RL), Stocks to Buy, Cramer on BloggingStocks

From TheStreet.com Network

TheStreet.com's Jim Cramer says you can be bearish, but you have to admit when you're wrong.

Oh boy, I hit a nerve. My last two days of donning the bear suit and imitating the bears has brought on a cacophony of critics, all of whom think that I am attacking them personally! That's right, they think I have read them, seen them and heard them and that I am spoofing them or making fun of them.

Moreover, they think that I am wildly bullish and that I am mocking them for not wanting to buy things here.

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Cramer on BloggingStocks: All I'm asking for is rigor originally appeared on BloggingStocks on Thu, 05 Nov 2009 09:30:00 EST. Please see our terms for use of feeds.

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Cramer on BloggingStocks: Stunning elections put health care names back in play

Jim Cramer — Wed, 04 Nov 2009 09:00:00 EST

Filed under: Market matters, Stocks to Buy, Cramer on BloggingStocks

From TheStreet.com Network

TheStreet.com's Jim Cramer says stocks like WellPoint are buys again because the months of rhetoric will end.

Buy WellPoint (NYSE: WLP) (Cramer's Take). Right now. That's what I thought the moment I saw Chris Christie's shocking triumph in my home state last night. It was a stunning referendum of the anti-jobs nature of health care and how the Democrats are now being tagged with job losses and a health care obsession that hurts hiring.

Not everyone has a seat as safe as Nancy Pelosi. Many have seats thought to be as safe as Corzine's. They have to be shaking today.

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Cramer on BloggingStocks: Stunning elections put health care names back in play originally appeared on BloggingStocks on Wed, 04 Nov 2009 09:00:00 EST. Please see our terms for use of feeds.

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Cramer on BloggingStocks: Going it alone isn't always wise

Jim Cramer — Tue, 03 Nov 2009 10:00:00 EST

Filed under: Market matters, Black and Decker (BDK), Cramer on BloggingStocks

From TheStreet.com Network

TheStreet.com's Jim Cramer says opportunistic mergers help deliver value to shareholders during difficult times.

The companies aren't oblivious to this difficult environment. It isn't just that they look at the futures and say, "Uh oh, here comes another bad one" -- the reaction we all feel today. No, it doesn't work like that. They realize that growth's been lowered worldwide and that they can't do it on their own because they don't have critical mass and they have to give up and get together with others in their industries to bring out value.

Black & Decker (NYSE: BDK) (Cramer's Take) and Encore (NYSE: EAC) (Cramer's Take) came to this exact same conclusion at the same time. They just can't make more money for their shareholders independently than they can with other partners. With Encore settling for Denbury's (NYSE: DNR) (Cramer's Take) bid and Black & Decker agreeing to be acquired by Stanley Works (NYSE: SWK) (Cramer's Take), both are settling for about half of what their companies were worth two years ago. But the world has changed in two years, and a lot of the rosy scenarios that justified being independent have to be reconsidered.

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Cramer on BloggingStocks: Going it alone isn't always wise originally appeared on BloggingStocks on Tue, 03 Nov 2009 10:00:00 EST. Please see our terms for use of feeds.

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Cramer on BloggingStocks: Assigning blame after Friday's market plunge

Jim Cramer — Mon, 02 Nov 2009 10:00:00 EST

Filed under: Coca-Cola (KO), PepsiCo (PEP), Market matters, Citigroup Inc. (C), CIT Group (CIT), Kellogg Co (K), General Mills (GIS), Cramer on BloggingStocks

From TheStreet.com Network

TheStreet.com's Jim Cramer wonders whether the big selloff was caused by anxious managers locking in profits.

What happens if it is was mostly lock-in action? What if the big themes that everyone so feared weren't so big, and that the selloff -- so ugly, with so much damage -- was just technical and remains that way?

Besides my oft-repeated statement that I don't expect a pullback to exceed 7%, I think this market didn't make a lot of sense last week.

Here were the big themes: dollar getting stronger, causing a decline in minerals and resources; industrials faltering; recession stocks roaring back.

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Cramer on BloggingStocks: Assigning blame after Friday's market plunge originally appeared on BloggingStocks on Mon, 02 Nov 2009 10:00:00 EST. Please see our terms for use of feeds.

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Cramer on BloggingStocks: See the big picture on the mobile internet tsunami

Jim Cramer — Fri, 30 Oct 2009 10:00:00 EST

Filed under: Market matters, QUALCOMM Inc (QCOM), Cramer on BloggingStocks

From TheStreet.com Network

TheStreet.com's Jim Cramer says you can't give up on Tessera and SBA Communications based on one bad quarter.

Tessera (NASDAQ: TSRA) (Cramer's Take) and SBA Communications (NASDAQ: SBAC) (Cramer's Take) "blow up" last night and you have to think, "The tsunami's over," that the smartphone revolution's not occurring.

To which I say, no one likes the blowups, no one likes the guidedowns, but, like Qualcomm (NASDAQ: QCOM) (Cramer's Take), these are all multiyear stories that can't be judged on a quarter. The idea that we do not need more cell towers with smartphone data hogs like the iPhone out there, and the idea that miniaturization and cooler computers (Tessara's strengths) are played out, makes no sense to me.

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Cramer on BloggingStocks: See the big picture on the mobile internet tsunami originally appeared on BloggingStocks on Fri, 30 Oct 2009 10:00:00 EST. Please see our terms for use of feeds.

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Cramer on BloggingStocks: It's not the worst case, but...

Jim Cramer — Thu, 29 Oct 2009 10:00:00 EST

Filed under: Market matters, Economic data, Cramer on BloggingStocks, Visa Inc. (V)

From TheStreet.com Network

TheStreet.com's Jim Cramer still doesn't like this market -- the good GDP figure isn't enough to sustain us.

You know when you have gotten too negative? When you pick up the paper and the lead story is "Slump Sinks Visa Program," and you say, "That's it! I can't take it ... Visa was the one bright spot in my portfolio, and now they've taken that away!"

Then you read the story and you know it is not about bank fee rates or credit card usage or congressional bashing for once, but about a skilled workers program. It has nothing to do with the red-hot Visa (NYSE: V) (Cramer's Take) at all.

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Cramer on BloggingStocks: It's not the worst case, but... originally appeared on BloggingStocks on Thu, 29 Oct 2009 10:00:00 EST. Please see our terms for use of feeds.

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Cramer on BloggingStocks: SAP isn't everything

Jim Cramer — Wed, 28 Oct 2009 09:50:00 EST

Filed under: Market matters, Nokia Corp. (NOK), Oracle Corp (ORCL), salesforce.com inc (CRM), Cramer on BloggingStocks

From TheStreet.com Network

TheStreet.com's Jim Cramer says taking down all of software on the back of this outlook is a mistake.

And on the fifth down day, we decided that SAP's (NYSE: SAP) (Cramer's Take) butt getting kicked means the industry is faltering? This is the thought that went through my head when I saw SAP's disappointing news and its alibi that business is weak. That's why it stumbled. Of course, SAP's comments immediately took all of Europe down. Nobody said, "Hey, maybe it is SAP's fault because Oracle's (NASDAQ: ORCL) (Cramer's Take) kicking their butt." No one said, "Sure it is weak, because in the end Salesforce.com (NYSE: CRM) (Cramer's Take) got a better mousetrap."

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Cramer on BloggingStocks: SAP isn't everything originally appeared on BloggingStocks on Wed, 28 Oct 2009 09:50:00 EST. Please see our terms for use of feeds.

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