 |
 |
 |
 |
 |
 |
 |
|
|
|
|
|
|
|
|
● |
|
|
 |
| |
| |
 |
| |
|
| |
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 |
| |
|
| |
|
| |
|
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!
|
|
|
|
|
| |
| |
|
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 | | | | | |
