|
|
|
● |
|
|
 |
| |
| |
 |
| |
|
| |
Tuesday, 03/11/08
Posted 03/11/08, 10:47
pm ET |
(Scroll down to see Jim's
comments below) |
|
| |
| |
|
Today's date:
Tuesday, 03/11/08 |
|
| |
Dow Jones: |
12,156 |
+
416 |
| |
NASDAQ: |
|
2,255 |
+ 86 |
| |
S&P 500: |
|
1,320 |
+ 47 |
| |
|
| |
|
| |
|
Final Segment 1
Title: |
'Credit Where It's
DuPont' |
|
. . . .
. |
|
Featured Stock(s): |
DuPont (DD)
See DD's official
website
here.
See the Yahoo!
Finance profile for
DD
here.
See Closing Segment 2,
below...
|
|
|
After this segment, you
can see Jim's
Sudden:Death picks
here... |
JJC: I've got
an opportunity to make
some money here... while
things are positive...
short-term... we're going
to take it.
I'm not telling you to not
be cautious... be
skeptical. We still
have to remember that
there are not many stocks
worth owning in this
market, as long as your
house keeps going down in
value.
And, when we are no longer
oversold, we have to go
back to being - well,
let's just say - totally
defensive.
But that's no reason not
to try to make money off
of what's left of this
oversold rally... which
should put a positive glow
on things for at least a
week...
. . . .
.
Right now, what I think
you want to own is a
high-quality stock with a
positive catalyst coming
up soon, like I did
yesterday
with Genentech Inc. (DNA)...
something that has the
potential to send the
stock higher, in keeping
with what's rallying...
especially with the aid of
the market's oversold
condition.
Who's got the catalyst?...
Who's got something like
DNA, in a big investor
conference on Friday?...
I've got one...
I'm recommending
DuPont (DD)
today... the chemical
company with an
agricultural bent...
It's got an investor
conference on Friday, and
I expect DD to say good
things...
I think they will raise
(forward estimate target)
numbers, which is still
the Holy Grail of high
stock prices.
Why?...
We know
Monsanto (MON)
- one of our
Fab Five of agriculture,
a company that sells
genetically-engineered
seeds - knocked the cover
off the ball when they
reported. I know the
stock's gone down since,
but it's a crummy market.
Even the best stuff's
going down, all right?...
. . . .
.
DD has a seed business
too. And, while
Monsanto's is better, DD
is still the #1 player in
the domestic seed market,
and #2 globally...
I view DD as a hybrid
ag and chemicals
play... I don't
really want the chemicals,
frankly... 40% ag and 60%
chemicals...
Given the relative
strength of agricultural
stocks, and their
twice-blessed status of
both providers of food and
energy... anything DD does
to make the Street think
of it as more of an
ag-oriented play, is good.
On Friday, I believe DD
will emphasize its ag
business, and sell itself
to the Street as more of
an ag play than a chemical
play...
This is a reinvention of a
company...
I saw it happen with
Monsanto (MON)...
It used to be a chemical
company. It became
an ag play...
Believe me, DD's doing the
same thing. They'll
talk about their target
seed markets, their
product pipeline, and
their ag sciences
division, which is like
biotech...
We could hear about DD's
new ag products, like
Optimum AcreMax... a new
corn seed that increases
efficiency... something
every farmer wants to do
right now, given the price
of corn.
DD has also combined some
of its own technologies in
a package that increases
soybean yields by 40%...
We could hear good things
about any of these things
on Friday. We might
even hear that DD's
closing the gap with
Monsanto in the seed
business... but the
Street's going to lap up
any positive news from
DD's ag business anyway...
even if it's not catching
up to Monsanto.
. . . .
.
Hey... here's a
longshot... DD could
announce that it's
spinning off its ag
science division. As
its own stock, I think
this chunk of the company
would get a much higher
valuation, given the ag
boom.
. . . .
.
I don't want to totally
dismiss DD's chemical
business, because there's
good news on that side of
things too, despite the
fact that all the other
chemical companies I deal
with are having a tough
time. It lacks the
sex appeal of the ag side
though...
. . . .
.
Now, I wouldn't buy more
than half of
my position in this
stock, after its run
today... This is one
of those where I hope,
either tomorrow or
Thursday, you get a
miniscule pullback, so you
can get in ahead of the
conference and not pay
up... How
about a small position,
even with the stock over
$46... and, if it drops,
then you get bigger (i.e.,
buy more shares of DD).
. . . .
.
The Bottom Line!:
With this oversold rally,
Cramer says you want to
own stocks with positive,
near-term catalysts...
Yesterday, I gave you
Genentech Inc. (DNA).
Today, I'm giving you
DuPont (DD).
I think they will work, as
long as the doom and gloom
is kept in the box for
another week.
DuPont, ahead of Friday...
Genetech, ahead of
Friday... Don't pay
up for the DuPont...
. . . .
.
| |
|
| |
|
■ |
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) |
|
 |
DD |
46.57 |
46.77 |
DuPont (DD)
|
|
|
|
|
|
|
|
|
 |
 |
|
|
|
|
|
|
|
|
|
 |
|
See all of tonight's stocks'
latest quotes on
Yahoo! Finance |
|
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... |
|
|
After this segment, you
can see Jim's
Sudden:Death picks
here... |
. . . .
.
| |
|
| |
|
■ |
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) |
|
|
TXT |
54.72 |
54.74 |
Mad Mail
Textron Inc.
(TXT)
Q:
TXT is down
from being a $70
stock to the low
$50s... It
has a large
backlog of
private jet
orders and a
large backlog of
helicopter
orders... some
originating with
the military.
Unfortunately,
it also has a
financing arm.
Do you think the
market and its
credit concerns
are a large
factor in the
downturn of this
stock, or do you
think its
backlog could
make it
attractive?
JJC:
I really like
TXT. I
like the mixture
of military.
I've never been
worried about
their financing
business.
It's always been
very good.
This company's
rock solid.
Caterpillar (CAT)
guided up after
the close.
I think TXT is
good... I like
the big
machinery
plays... By the
way, let me
throw in
Terex (TEX)...
|
|
|
TEX |
64.97 |
62.72 |
Mad Mail
Terex Corp. (TEX)
See TXT comments
above for:
TEX
|
|
|
BSC |
62.97 |
65.50 |
Mad Mail
Bear Stearns (BSC)
Q:
Should I be
worred about
BSC, in terms of
liquidity, and
get my money out
of there?
JJC:
No, no, no!
BSC is fine!
Do not take your
money out...
If there's one
takeaway on a
plus-400 day...
BSC is not in
trouble. I
mean, if
anything,
they're more
likely to be
taken over.
Don't move your
money from BSC!
That's just
being silly!
Don't be silly!
|
|
|
|
|
|
|
[
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 >> |
|
|
|
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. |
|
|
 |
|
|
