Tuesday, 03/04/08
Posted 03/04/08,  11:23 pm ET

(Scroll down to see Jim's comments below)

 
 
Today's date:  Tuesday, 03/04/08

  Dow Jones: 12,213     - 45
  NASDAQ:   2,260     + 1
  S&P 500:   1,326     -  4
 
 
 
 
 
First Segment
 
 
Final Segment 1 Title: 'State of the Union'

.  .  .  .  .

Featured Stock(s): Western Union Co. (WU)

See WU's official website here.

See the Yahoo! Finance profile for WU here.




See Closing Segment 2, below...
 
After this segment, you can see Jim's Sudden:Death picks here...

        

JJC:    The wire transfer business in this country... It's a fabulous business... as more and more immigrants from Latin America, and many other countries, send most of their salaries... back home.  And, although the recent crackdown on immigration hurt things, this country should get a whole lot more immigrant-friendly, after the next election...

But you wouldn't know any of this, by looking at the catastrophe... the debacle... that is one of the worst stocks I've ever seen... Moneygram (MGI)...  Sell, sell, sell!  This is a company that has totally and unbelievably imploded... complete self destruction... and is now pecked by the vultures...

MGI's woes are all of its own devising... And, when this kind of thing happens to a company in a good business, you want to pick up the phone, call your broker, and buy its strongest competitor...

Because, believe me, that competitor should be able to take share in a way that any capitalist would be proud of.   That means you've got to pick up the phone - or perhaps wire an order in - for Western Union (WU)!...

.  .  .  .  .

The Bottom Line!:      I believe Moneygram (MGI)'s pain will be Western Union (WU)'s gain.  Don't worry about the election.  Take in some WU.

.  .  .  .  .

 

   
 

Stock Snapshots - Includes all stocks mentioned above

 

 

Jim
Cramer's
rating on
this stock

STOCK
SYMBOL

Closing
price
that
day

Opening
price
next
day

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


WU

21.57

21.75

Western Union Co. (WU)


MGI

3.29

3.32

Moneygram (MGI)

         

 

 

 



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


This holiday's hottest tech
item... The Flip!... Completely tape-free amazing 60-minute camcorder for less than $200 - great for young and old!
(and still in stock)
                      
more details >>

Most popular
investing books ordered:
(click any book to see at Amazon.com)

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 

 

 

 

 


We need your help!
If you find our service valuable, your donation is critically helpful to support
our operating costs and is MUCH appreciated!
(click below to donate)

We are serving thousands of new visitors every day and our costs are growing as well.  Thank you for your support & generosity!


 

 

 

 
 
 
 
Second Segment
 
 
Final Segment 2 Title: 'Mad Mail'...

.  .  .  .  .

Featured Stock(s): See comments below...

.  .  .  .  .

 

   
 

Stock Snapshots - Includes all stocks mentioned above

 

 

Jim
Cramer's
rating on
this stock

STOCK
SYMBOL

Closing
price
that
day

Opening
price
next
day

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


ENOC

14.10

14.54

Mad Mail

EnerNOC, Inc. (ENOC)

Q:  
 Last month, you talked about ENOC.  Over the last two days, it's fallen apart.  It looks like there's going to be an investigation.  What's going on?

JJC:
     I went to the source, which was SWS Securities... from Harvard... they recommended this.  Here's what Tracy said, who was on our show.  She said, "I'm not concerned with the market reaction to the earnings announcement.  I think the pullback is a great buying opportunity.  And my fundamental thesis is unchanged, and I think it is well-poised to take advantage of the electricity crunch we will be facing in the coming years..."  And she goes on to say she likes it.  I've got to tell you, the expenses were out of control here...  It's an interesting idea... I bought into it, because I really thought they did a lot of high-quality work...  The expenses are not good enough here... the expenses are out of control... so I cannot go with her...  It turns out that this is not a good idea...

DE

86.69

86.99

Mad Mail

Deere (DE)

Q:  
 Lately, you've been talking about ag and Deere (DE).  In the past, when you talked about Boeing (BA), you would talk about suppliers to BA, and how they would do well.  are there any suppliers to DE that you would like?

JJC:
     I've got to tell you... no.  It's just a straight out Deere play.  BA is a famous company, in terms of being a general contractor.  They have a lot of subcontractors, that I'd like to buy.  DE is generally a one-shop place, and I'm not going to recommend any that goes into that.


       

na

na

na

Mad Mail

General question about buying just a few shares of stock at a time...

Q:  
 I heard you say... that a person can start by purchasing just a few stocks.  Is that true?  Can a person... buy a few stocks at a time, and work their way up?

JJC:
     What I like people to do is, first, try to save up to $10,000 in what is known as an index fund... and S&P 500 fund... all the big fund families have them...  That way, once you save that $10,000, then I'm going to let you pick individual stocks.  Until then, we're going to use the miracle of diversification, and the fact that the S&P 500 stocks have outperformed all of their assets over a 20-year period.  So, first, the index fund, then the individual stocks as you get to learn.


SLB

84.55

85.01

Mad Mail

Schlumberger (SLB)

Q:  
 I am very interested in finding companies that specialize in by-passed oil recovery.  I heard there was a small Texas company that is public that does by-passed oil recovery.  I'm convinced this is the future for oil production in the USA.  Would you happen to know the names of any companies that specialize in enhanced recovery or by-passed oil? 

JJC:
     Again, I am going to stick with majors, not minors...  I am going to stick with SLB... with Halliburton (HAL)...  HAL might be a good play for that...  And, by the way, just so you know, Quicksilver (KWK) has a lot of business like that, but the stock is up way too high...         

HAL

38.21

38.60

Mad Mail

Halliburton Company (HAL)

See SLB comments above for:
HAL


KWK

35.68

36.34

Mad Mail

Quicksilver Resources Inc. (KWK)

See SLB comments above for:
KWK

 

       

 

[ end of final segment ]

   
 

Go to the SUDDEN:DEATH SEGMENT from 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:

jim-cramer-charitable-trust-stocks.com

 
See the stocks currently known to be in Warren Buffett's portfolio
of stocks at:

warren-buffett-portfolio.com

 
  Stock Homework 101:   This is an excellent upcoming site that provides resources and links to help you do that homework that Jim Cramer recommends after hearing his suggestions...

StockHomework101.com

This site is coming soon.   Thank you.

 
  FastMoneyRecap:   This site will be a quick summary of recommendations made by the great Fast Money TV show crew, that will offer you a unique service, to compare their picks to Jim Cramer's past comments about those stocks.

Fast Money Recap - Trades for next day...

Compare these picks to Jim's comments for the same stocks.

 

 

   
   
  © 2005-2007 MadMoneyRecap.com ■ Important disclaimer: This site is not affiliated with Mr. James Cramer, and is not associated with any television networks or broadcasts. Please note that all thumbs up or thumbs down indicators are not always clearly indicated on the show and are interpreted by us as accurately as possible. Some comments have been edited for brevity and clarity, and extraneous material omitted.  Please rely on watching the show yourself, doing your own homework, and reading the text of the comments to draw your own conclusions. Also, data presented on this site should not be used to make investment decisions and accuracy, although attempted, cannot be guaranteed.  Please consult with your own financial advisor for professional advice.
 
       

Feedback   ■   Terms of use   ■   Privacy Policy  ■   Keep this site Free