Wednesday, 09/03/08
Posted 09/03/08,  08:43 am ET

(Scroll down to see Jim's comments below)

 
 
Today's date:  Wednesday, 09/03/08

  Dow Jones: 11,532   +15
  NASDAQ:   2,333   - 15
  S&P 500:   1,274   -  2
 
 
 
 
 
Final Segment 1
 
 
Final Segment 1 Title: 'Am I Diversified'...

.  .  .  .  .

Featured Stock(s): No new stock picks...
 
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)


na

na

na

'Am I Diversified' Segment...

In this segment, Jim takes calls from viewers to critique their top five holdings, to indicate whether they are, together, relatively diversified as a standalone portfolio.

.  .  .  .  .


No fresh stock picks.





         

 

 

 



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
 
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)

MRK

34.67

na

Mad Mail

Merck (MRK)

Q:    You recommended Tuesday that the viewers who own Schering-Plough (SGP) should consider selling, as you did, in light of the unrelenting coverage of Vytorin issues by the press.  Since Vytorin is a joint venture with Merck, do you recommend selling MRK as well?

Jim:
    Uh, MRK is actually I think... the stock's anticipating that the drug will actually be pulled from the market.  It's not as big a percentage of the earnings as it is for SGP.  Now let me explain again...  I think SGP is a great company...  I think MRK is a great company...  I think the press is way over-doing these problems... but I think the FDA is such a political animal that they, in the end, will bow to the press, even though they shouldn't.  So, believe me, I feel terrible about having to sell SGP.   But I can't pick up the New York Times every day and get shot... 

IBM

118.34

na

Mad Mail

IBM (IBM)

Q:    Should I be worried about all the insider selling at IBM and sell my stock now?  IBM still seems to have good growth potential for the next 12 months.

Jim:
    I agree with you...  This stock has come down just dramatically, along with the rest of tech.  I think it's overdone...  I wouldn't be surprised... once again, there's tremendous margin selling in tech...  What's really happened in tech that's bad?  Dell Inc. (DELL)...  Well, IBM doesn't have competitor to DELL, okay... and Corning Inc. (GLW)... which is the glass screen...  That's not IBM...  They've taken down the whole group.  I think that's an opportunity. 

CPL

58.42

na

Mad Mail

CPFL Energia S.A. (CPL)

Q:    When you were at Penn State, you recommended CPL.  CPL recently released earnings that were solid, but down from the previous year and the stock has been plummeting.  My research tells me that the dividend allows us to be patient.  However, I could be missing something here and your opinion on this would be really appreciated.

Jim:
    You get a 7% yield in an emerging country that is much more stable fiscally and financially than we are.  I say you pull the trigger.

VRTX

26.32

na

Mad Mail

Vertex Pharmaceuticals (VRTX)

Q:    VRTX, the maker of Telaprevir, was one of your recommendations during Biotech Week.  It was downgraded today by an Oppenheimer analyst.  Does the downgrade provide enough influence to switch out of VRTX for something like Celgene Corporation (CELG*)?

Jim:
    I've been buying CELG* for my charitable trust...  Now I'm frozen unfortunately, because I really like it...  Bob Hugin, who's the president of CELG* has come on the show many times.  I like CELG*.  I like VRTX.  I thought the Oppenheimer call was really one of those calls that was like, hey, valuation...  no catalyst.  I think it's a mistake though to sell VRTX.  I think it's terrific to buy CELG*... 

CELG*

69.61

na

Mad Mail

Celgene Corporation (CELG*)

See VRTX comments above for:
CELG*

NSC

69.21

na

Mad Mail

Norfolk Southern Corp. (NSC)

Q:    Signs say to buy NSC.  How do you like NSC, even though CSX Corp. (CSX) has the market?  What is the main long-term objective that is driving growth?

Jim:
    I have to be careful...  I think a lot of the hedge funds are in these rails...  They scare me, these hedge funds...  A lot of them are under liquidation.  I prefer CSX to NSC, because I like Mike Ward very much... he was on our show.  Be careful rails.  I don't like the hedge funds that are under liquidation that are big owners of the rails.  It could be a problem.  Not all of them are under liquidation.  I think some of them are.


 

 

[ 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.

 

 

   
   
  © 2005-2008 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