After this segment, you
can see Jim's
Sudden:Death picks
here...
Jim:
Now that it looks
like the Great
Depression 2 could be
off the table, because
of comprehensive banking
reform, we're looking to
buy some beaten down
stocks of companies that
have good prospects,
even in a recession,
because I think that's
where we are headed...
So what keeps us alive
to play, besides
diversification, in a
recession?...
Big dividend plays,
companies that have
products that sell even
in a severe slowdown...
you know what those
are... those are the
ones that make stuff
that you can drink, eat,
wash yourself with...
which were up huge
today... companies that
have large amounts of
cash, and are trading
near those positions...
and stocks that have
been crushed, because
big players are
liquidating their
positions.
You've heard of "Hedge
Funds Gone Wild"... Now
I want to talk about
stocks that have mowed
down by "Moguls Gone
Wild"...
. . . .
.
Jim's comments AFTER the interview:
Not every victim of "Moguls Gone
Wild" is worth buying... Most of
them are "sells" actually... But,
if you're careful,
Chesapeake Energy Corp. (CHK)
can work, as long as you buy in
increments, and wait for it to come
down, before putting on more than 25% of
your
position.
■
Stock Snapshots - Includes
all stocks mentioned above
■
Jim
Cramer's
rating on
this stock
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SYMBOL
Closing
price
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day
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price
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each)
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After this segment, you
can see Jim's
Sudden:Death picks
here...
Jim:
We've been big
believers in the stock
of
Waste Management (WMI)...
Why? Because David
Steiner, the CEO of WMI,
has proven time and
again, he will do what
is right for
shareholders, even if it
means scrapping some
plans that we actually
had good faith in...
This morning, WMI
announced the withdrawl
of its $37 bid for
RSG... and I want to
know from David, what's
the next move?... What's
can we expect from
WMI?...
David, welcome back to
the show...
. . . .
.
Jim's comments AFTER the interview:
David Steiner, thank you so much for
coming on Mad Money. Congratulations on
that better-than-expected quarter...
You've got a 3.5% yield... you've got a
consistent management, you've got a
consistent game plan... you've got
pricing that's improving. Who says there
are not opportunities?... But, remember,
we're being price sensitive. This stock
yielded 4% at one point on Friday! Any
pullback and you want to be a buyer.
. . . .
.
■
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)
Go to the SUDDEN:DEATH
SEGMENT from
tonight's showhere >>
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:
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...
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.
