Wednesday, 01/02/08
Posted 01/02/08,  11:36 pm

(Scroll down to see Jim's comments below)

 
 
Today's date:  Wednesday, 01/02/08

  Dow Jones: 13,043    -220
  NASDAQ:   2,609     - 42
  S&P 500:   1,447     - 21
 
 
 
 

On the Fast Money show on CNBC...

 

 



See all of tonight's stocks' latest quotes on Yahoo! Finance


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Your host of the show,
The Commissioner:
Dylan Ratigan
The Negotiator: Guy Adami
The Lone Wolf: Jeff Macke
The Pit Boss: Pete Najarian
Frequent Guest1: Jon Najarian
Frequent Guest2: Karen Finerman
The Ambassador: Tim Seymour
 

 

The following stock picks are reported by us from the show on CNBC, "Fast Money" where, at the end of the show, they take a quick poll among all of the stock experts to ask them what they think are the best plays for the coming trading day.

As they put it,   "Tomorrow's Hottest Trades Tonight"...

These are their picks...
(Note:  We've provided a link next to each to compare these picks to Jim's previous comments about the stock - pre-searched for your convenience)

   
 

Stock Snapshots

 

 

 

Fast
Money
Pick

STOCK
SYMBOL

Closing
price
that
day

Opening
price
next
day

Full Company Name/Comments
(see comments above for each)

BBBY

28.36

28.00

Bed Bath & Beyond Inc. (BBBY)


Jeff Macke:   You know what is a wonder?... It's why anyone would own Bed, Bath and Beyond... at this point... but, particularly before their earnings (announcement) on Thursday.  If you're long it, get out.  You might want to try a little specky (speculation) short play.    

Compare to Jim Cramer's comments for:
BBBY
   

INTC

25.35

25.37

Intel Corp. (INTC)


Guy Adami:    Intel down 5%.  I think it's overdone...  For a trade, INTC...

Compare to Jim Cramer's comments for:
INTC
   

PKX

146.46

147.10

POSCO (PKX)


Tim Seymour:    Posco... PKX.  I think in the short run, again... steel trades off a little bit.  I like it longer term.  

Compare to Jim Cramer's comments for:
PKX
   

KLAC

46.54

46.01

KLA-Tencor Corp. (KLAC)


Jon Najarian:   KLA Tencor... We're short this one right now.  We think it's going to be treated much like the Georgia Bulldogs treated Hawaii (i.e., a college football reference to their game last night) and... because, if Bank of America (BAC) is even this much right... which, today, they were very right, but I agree with Guy, I would own Intel, but not the guys that supply the semiconductor equipment, which is what the guys at KLAC do.  If they cut back with their purchases from these guys, KLAC goes down another 20%. 

Compare to Jim Cramer's comments for:
KLAC
   
         

[End of Fast Money Final Trade stock picks]

   
 

Go to the Opening Segment of Mad Money Recap - tonight's show here >>

See current quotes on Yahoo! Finance from tonight's show stocks here >>


Netflix, Inc.


Symbol keys:

A Charitable Trust stock. - An asterisk next to a stock symbol indicates that Jim mentioned it is a stock that he manages within
his charitable trust portfolio.  You can see the complete portfolio
of stocks here >>

Thumbs up - indicates he would buy the stock or, at the very least, not sell the stock.  We do our best to interpret Jim's opinion on stocks, as we think it is indicated by his comments during the show.  Please read his comments to decide for yourself.

Thumbs down - indicates he has said not to buy or to sell the stock, based on his comments  We do our best to interpret Jim's opinion on stocks, as we think it is indicated by his comments during the show.  Please read his comments to decide for yourself.

Back up the truck - indicated by Jim, when he says the stock is so good, that he would do a 'mon-back' on the stock... In other words, this is the sound someone would say to a truck driver, "Come on back... " as he is "backing up the truck" to load up on his cargo.  Translation for buying stocks:  This recommendation by Jim indicates that, after you do your own homework on the stock, you should feel comfortable loading up on it, as it is in a good position to be bought at this point.

Stumped. - Of the 2,000+ stocks that Jim Cramer has in his head, for which he has an informed opinion, he sometimes comes across a caller with a stock he does not know well enough to opine on...  He then indicates he is stumped and will have to come back to it, after he does some homework of his own on the stock.  This usually occurs during the Lightning Round, when Jim does not know in advance who is calling, or what their stock question is about.
 

 
Definitions of key phrases used by Jim, known as "Cramerisms":

Definition:   'Pull the trigger' is Jim's phrase for making the decision at that point to trade - either to 'buy' or to 'sell' (although he usually uses the phrase for buying), as if to say you should feel comfortable enough to make the final decision without looking back...

Definition:   'Ring the Register' is Jim's phrase for selling a stock, and making it a final sale, that you should not look back on.  Put it behind you.

Definition:  'Let It Come In' indicates how you may wait for it to pull back, or have the stock price come down briefly, as your chance (after letting it come in) to buy the rest of your position (i.e., total number of shares you own in that stock).

Definition:  'backing it up' or 'doing a 'mon-back' is Jim's phrase for the metaphor of backing up a truck to load up on a stock by buying it.  'Mon-back is short for the imaginary worker saying, 'Come on back...' as the truck is backing up to receive its load... Notice that we use the little truck icon to indicate where Jim has mentioned this.  Translation for buying stocks:  This recommendation by Jim indicates that, after you do your own homework on the stock, you should feel comfortable loading up on it, as it is in a good position to be bought at this point.
  See more "Cramerisms" & other financial phrases here >>
   
Helpful Websites:
  See the stocks currently known to be in Jim Cramer's
Charitable Trust at: