JimCramer posts
FeedPosted Jan 6th 2010 4:15PM by Jon Ogg (RSS feed)
Filed under: Netflix, Inc. (NFLX), Palm Inc (PALM), Level 3 Communications (LVLT)
About all the FOMC Minutes did today was agitate those hoping for a dollar rally on currencies because the FOMC members were still concerned about the economic risks.
Stronger supplies of oil were also ignored as weather related trading took oil higher from the post-report lows. The ISM non-Manufacturing data also came in just above the break-even point and the ADP data did not signal any major changes for Friday's jobs data. The DJIA and S&P 500 went from negative to positive so many times today that this was mixed regardless of how the averages ended up.
Here were today's unofficial closing bell levels:
Dow 10,574.06 +2.04 (0.02%)
S&P 500 1,137.14 +0.62 (0.05%)
Nasdaq 2,301.09 -7.62 (-0.33%)
Top Analyst Upgrades/Downgrades
Top Day Trader AlertsContinue reading Closing Bell: When the Market Can't Decide... (NFLX, PALM, T, LVLT, NICE, MOS)
Posted Dec 30th 2009 9:00AM by Jim Cramer (RSS feed)
Filed under: Microsoft (MSFT), Hewlett-Packard (HPQ), PepsiCo (PEP), Intel (INTC), Market Matters, McDonald's (MCD), Procter and Gamble (PG), Stocks to Buy, Cramer on BloggingStocks
TheStreet.com's Jim Cramer says Pepsi, McDonald's and Intel are set to bounce back with a bang.
You can always tell a benign market by the comeback the doghouse names manage to give you.
Consider the errant cases of Pepsi (
PEP) (
Cramer's Take), McDonald's (
MCD) (
Cramer's Take) and Intel (
INTC) (
Cramer's Take). All three allegedly "disappointed," with Pepsi failing to please on the alleged guide-down after its bottling purchase, McDonald's stuttering on a bad month and Intel on a so-called failed quarter.
Continue reading Cramer on BloggingStocks: The Big-Name Comeback Kids
Posted Dec 24th 2009 9:30AM by Jim Cramer (RSS feed)
Filed under: Market Matters, Housing, Cramer on BloggingStocks
The Street.com's Jim Cramer says that AvalonBay, a builder of luxury apartment complexes, is building more.
If I were to be a short-seller, paying attention to the news flow, I think I would like to be a short-seller of higher-end residential real estate, because I would presume that people couldn't afford it. If they can't make their payments for their houses, they are going to hold out to fix their mortgage or they are going to abandon ship, but they are not going to go to a luxury apartment complex. They are going to go downscale, and the apartment complexes that cater to those who are well-off should be going begging.
I think I would want to short AvalonBay Communities (
AVB) (
Cramer's Take), which has 172 communities and 50,000 apartments in decimated areas such as Southern California, Northern California, the Midwest and the Pacific Northwest. It must be getting killed. How can it possibly pay those underlying mortgages and how can it grow, building new apartments? It must be a moribund, declining business.
Continue reading Cramer on BloggingStocks: Real Estate Is Doing Better Than You Think
Posted Dec 23rd 2009 10:00AM by Jim Cramer (RSS feed)
Filed under: Google (GOOG), Coca-Cola (KO), PepsiCo (PEP), Intel (INTC), Home Depot (HD), Market Matters, Altria Group (MO), Bank of America (BAC), BB and T (BBT), Fortune Brands (FO), Lowe's Cos (LOW), Wells Fargo (WFC), Union Pacific Corporation (UNP), Cramer on BloggingStocks, U.S. Bancorp (USB)
The Street.com's Jim Cramer says that he's making it his mission in 2010 to call out people in the media who provide no value.
Have you ever noticed that with every good housing report there are endless caveats:
1. Prices are still down year over year.
2. The home tax credit of $8,000 moved the house, and that will go away.
3. Home mortgages are artificially low because of the Fed.
4. Banks have more foreclosures on their balance sheets than before.
5. Foreclosures continue to occur.
6. Everything will slip back to imbalance when the credit goes away.
Continue reading Cramer on BloggingStocks: Endless Caveats Don't Make You Any Money
Posted Dec 22nd 2009 9:30AM by Jim Cramer (RSS feed)
Filed under: Market Matters, Citigroup Inc. (C), Cramer on BloggingStocks
TheStreet.com's Jim Cramer says three times a shakeout led to yet-higher prices -- and skittish investors have missed out.
Three times this market eluded people. The first was what looks obvious in retrospect but was actually a perilous bottom, back in March. I wouldn't have recommended it here or on my show if Doug Kass hadn't pushed me and all others who read this site. It was a call of a lifetime. And we all know it, the generational call to get in. So many missed it because the moment was breathtakingly dangerous and could have been binary. I got lucky and backed into it, with Doug's help, simply by tallying all of the individual stocks in a worst-case basis, and you couldn't get much below Dow 6000, which at the time was only 300 points below, barely enough to worry about. That was the Nouriel Roubini heyday, and he managed to mark the bottom by slashing his price target for the Dow to 5000. He could have declared victory and been a hero, a la the now celebrated David Tepper. Instead, I think he's a bum who reiterates his sell at every turn. If you go back and look at all of the stocks that were at a buck and change at the moment, you can see exactly what I mean. Citigroup (
C) (
Cramer's Take), anyone?
Continue reading Cramer on BloggingStocks: This Rally Has Been Easy to Miss
Posted Dec 18th 2009 9:30AM by Jim Cramer (RSS feed)
Filed under: Analyst Reports, Google (GOOG), Apple Inc (AAPL), Amazon.com (AMZN), Intel (INTC), Market Matters, Research in Motion (RIMM), General Mills (GIS), NIKE, Inc'B' (NKE), Cramer on BloggingStocks
With the last of the big earnings out of the way, we won't see any major downgrades the rest of '09, TheStreet.com's Jim Cramer says.
We should be in research heaven starting today. We have unwritten rules at the end of the year in this game: no big downgrades. And with almost no earnings reports left for the year, there is little reason to expect any.
Given that the last major earnings reports -- General Mills (
GIS) (
Cramer's Take), Research In Motion (
RIMM) (
Cramer's Take) and Nike (
NKE) (
Cramer's Take) -- were all worth praising it is hard to see why this year should be any different.
Continue reading Cramer on BloggingStocks: No Fretting Over Downgrades
Posted Dec 16th 2009 9:30AM by Jim Cramer (RSS feed)
Filed under: Google (GOOG), Microsoft (MSFT), Apple Inc (AAPL), Intel (INTC), Market Matters, Anadarko Petroleum (APC), Oil, Cramer on BloggingStocks
TheStreet.com's Jim Cramer says the stocks like to move higher along well-worn paths.
With the usual suspects rallying -- gold and oil -- it's important to remember how the oil rallies have unfolded in the past. You have to be able to recall the oil pecking order of the petroleum complex ramp.
First to move in the drilling complex is Transocean (
RIG) (
Cramer's Take), the wildest trader in the group. Then it is National Oilwell Varco (
NOV) (
Cramer's Take). Forget that both of these are the least affected by the day-to-day price of oil. The market's real stupid on these oil moves, and that's what happens. On the oil side it is Occidental (
OXY) (
Cramer's Take), which at least is closely correlated and can have a big move throughout the day.
Continue reading Cramer on BloggingStocks: Remember the pattern of oil rallies
Posted Dec 15th 2009 8:30AM by Jim Cramer (RSS feed)
Filed under: Market Matters, Citigroup Inc. (C), JPMorgan Chase (JPM), Goldman Sachs Group (GS), Amer Intl Group (AIG), Wells Fargo (WFC), Cramer on BloggingStocks, Financial Crisis
TheStreet.com's Jim Cramer says Goldman and JPMorgan are acting terribly amid all the offerings and deals.
Why do Goldman Sachs (
GS) (
Cramer's Take) and JPMorgan (
JPM) (
Cramer's Take), the good ones, go down all of the time or act terribly? I think because the equity offerings of the bad ones are just too compelling and the universe of buyers of this merchandise is severely limited.
These stocks are limited because they are not worth the headline risk trouble. If they weren't being bashed by the president or taken to the woodshed by Congress or dumped on by Meredith Whitney, the most powerful bank analyst on earth, then maybe they would be worth owning. But the more successful you are, the worse it looks. Is Goldman Sachs supposed to get into the home mortgage business? Is it supposed to write a check for $10 billion to the government as a thank you for AIG (
AIG) (
Cramer's Take)? Is JPMorgan supposed to start raising its dividend when it would be branded as a fat cat?
Continue reading Cramer on BloggingStocks: The good banks don't seem worth the risk
Posted Dec 14th 2009 9:20AM by Jim Cramer (RSS feed)
Filed under: Exxon Mobil (XOM), Market Matters, Commodities, Oil, Cramer on BloggingStocks
TheStreet.com's Jim Cramer says its buy of XTO is a clear signal that natural gas works.
Do you think Exxon (
XOM) (
Cramer's Take) is going to buy XTO (
XTO) (
Cramer's Take) -- the best of the best -- if it doesn't see the writing on the wall that it needs to have natural gas as part of its filling station repertoire? Do you think Exxon just wants to be in the home heating business? Do you think the most conservative company in the industry is all about just picking up some good domestic reserves when it has ignored doing so for years?
This is the biggest game-changing transaction in the nat gas patch that I can recall, because Exxon just endorsed both its reliability and its cleanliness. Remember, you do not see Exxon bidding on the Iraq fields. While it is doing some exploration across the globe, you bring in XTO because you want to dominate in natural gas at home.
Continue reading Cramer on BloggingStocks: Exxon just changed the energy game
Posted Dec 11th 2009 9:00AM by Jim Cramer (RSS feed)
Filed under: Ford Motor (F), Market Matters, Stocks to Buy, Cramer on BloggingStocks
TheStreet.com's Jim Cramer says if only it could get to investment-grade because then it would see its financing costs drop.
How big a stock can Ford (
F) (
Cramer's Take) be? Here's an odd one: It can be as big as the stock will let it be.
So much of this company's future is tied up in its stock appreciation because that will give its fantastic CEO, Alan Mulally, the flexibility to pay off the unions, pay down debt and get its credit rating to where its Ford Motor Credit business will make fortunes for the company.
Ford's performing fabulously, profitable in every market it sells in after having streamlined down to just a few big brands that can be supported both through advertising and through production at far lower costs than just about any other auto manufacturer, if not every auto manufacturer.
Continue reading Cramer on BloggingStocks: It is Ford's time
Posted Dec 10th 2009 4:00PM by Jon Ogg (RSS feed)
Filed under: Ford Motor (F), Boston Scientific (BSX), Ciena Corp (CIEN), Alcatel-LucentADS (ALU), AOL (AOL)
The markets just wanted to close higher today. A slight gain in the weekly jobless claims had no real impact and a
really poor 30-Year Treasury auction that just hints at the demand for rates to rise had only a temporary effect against the stock market.
Here were today's unofficial closing bell levels:
Dow 10,406.66 +69.61 (0.67%)
S&P 500 1,102.35 +6.40 (0.58%)
Nasdaq 2,190.86 +7.13 (0.33%)
Top 10 Analyst Calls
Key Short Interest ChangesContinue reading Closing Bell: Good news or bad news, the market was up for the day (AOL, SNSS, ENER, ALU, BSX, CIEN, F)
Posted Dec 10th 2009 10:00AM by Jim Cramer (RSS feed)
Filed under: Ford Motor (F), Citigroup Inc. (C), Wells Fargo (WFC), Stocks to Buy, Cramer on BloggingStocks
TheStreet.com's Jim Cramer says this one'll make you a bundle by 2012. Buy Citigroup (
C) (
Cramer's Take). No, not in the open market, but on the deal or deals, depending upon how heavy-handed the government's going to be.
I initially recommended this stock in the low $3s and saw it go to $5, where I begged the government nightly on my show to sell its 7 billion shares. But no, the government played the market and gave up a very big gain. But now here we are back again at $3 and change, and the government is going to price its stock, and the company might do an additional 6 billion shares or more to pay back TARP.
So you are looking at about 14 billion shares hitting the market.
Continue reading Cramer on BloggingStocks: Buy Citi on the deal
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