Wednesday, 01/02/08
Posted 01/02/08,  11:36 pm

(Scroll down to see Jim's comments below)

 
 
Today's date:  Wednesday, 01/02/08

  Dow Jones: 13,043    -220
  NASDAQ:   2,609     - 42
  S&P 500:   1,447     - 21
 
 
 
     

Stock Snapshots - Includes all stocks from callers' questions

     

 

 



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!


 
 

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)

ATI

84.25

84.36

Allegheny Technologies Inc. (ATI)

ATI -  That was the 2006 stock of the year... it was the best-performing stock of the S&P 500, but then we said, listen, we're done with it... sell, sell, sell!  We didn't want to be greedy.  I don't like ATI here.  I think there's going to be a lot of competition coming in.  The Russians are going to start shipping a lot of titanium.  I say ATI... be careful.

TOC

40.35

40.13

Thomson Corp. (TOC)

TOC -  Here's the deal... TOC... I don't like, frankly, that part of the business anymore, which is the business behind the scenes, providing data and things like that.  Now, that said, I happen to like TOC as a product... I like Reuters (RTRSY) as a product... but you know there's this other guy who bought another network, who went and bought another paper... and he's got a lot of stuff and he's got a lot of data and, because I'm a gentleman, I'm not going to mention [Rupert] Murdoch or Fox [News].  That's the competition and I'm nervous about it, all right?  I'm more nervous about it for them, than I am the mothership...

RTRSY

75.35

74.78

Reuters Group Plc (RTRSY)

See TOC comments above for:
RTRSY

NWS

20.70

20.60

NEWS CORP (NWS)

See TOC comments above for:
NWS

RTN*

60.00

60.10

Raytheon Co. (RTN*)

RTN* -  You know I am just shocked.  I have to tell people I have a charitable trust... I have said, if this stock goes below $60, I have to pull the trigger and buy some.  RTN* is the cheapest defense stock there is... the cheapest!  And I want to be a buyer of RTN*.  I think it's great.  I think defense is great.  There isn't a single democrat who doesn't want to out-spend the republicans on defense, so I'm liking that too.

C*

28.92

29.22

Citigroup (C*)

C* -  All right, here's the deal...  I think Vikram Pandit [CEO]... I have faith in Vikram...  I think that he will undo virtually everything that Chuck Prince... that he did to that company.  He can sell Nikko Cordial for even half the price he paid... undo the last five acquisitions, which would unfortunately include the hedge fund that Vikram worked at...  And I think, if he would just, just say point blank that we are going to sell enough to pay for the dividend, you've got $3 down [i.e., downside risk] and $10 up [i.e., upside potential]... But!  The $3 down?... They're happening first.

SNDK

33.17

33.41

SanDisk Corp. (SNDK)

SNDK -  Too hard!  Too hard!  SNDK is a commodity.  When you go and you buy a digital camera, it's got SNDK in it.  There are too many companies that want to shoot up against SNDK, including Western Digital Corp. (WDC), which is shooting against them... I don't want to be there.  They're too crowded.  We want to be proprietary, not commodity.  I say - sell, sell, sell! - SNDK!

EVVV

12.38

12.43

ev3, Inc. (EVVV)

EVVV -  You know, I liked it initially.  We took a little profit in it.  The problem is that why should we go - in a medical device company - there, when I've been recommending St. Jude (STJ*), at $40, which got knocked down with Medtronic Inc. (MDT), and shouldn't... And, by the way, how about the three B's?... How about the Bard (BCR)... How about the Becton Dickinson (BDX)... and how about the Baxter (BAX)... But no, I think that EVVV is too, too difficult...

 

       

STJ*

40.29

40.50

St. Jude Medical Inc. (STJ*)

See EVVV comments above for:
STJ*

BCR

92.33

92.39

CR Bard Inc. (BCR)

See EVVV comments above for:
BCR

BDX

86.78

87.02

Becton Dickinson & Co. (BDX)

See EVVV comments above for:
BDX

BAX

57.79

58.11

Baxter International Inc. (BAX)

See EVVV comments above for:
BAX

STD

21.35

21.22

Banco Santander SA (STD)

STD -  I like STD... Here's the problem with STD... The Spanish housing market has overheated... the European housing market has overheated...  This company is so well-run that I think it will do great.  I want to stick with STD, but the upside may be capped, because Spain has a very similar housing situation developing to ours... and that worries me.  STD is probably going to flatline, because of our Fed...

PBI

37.72

37.82

Pitney Bowes Inc. (PBI)

PBI -  Boy, I've got to tell you... That last quarter was so noxious that I hesitate to swim in that Love Canal, so to speak... So, I've got to tell you, I need to see not one, but two, good quarters before I pull the trigger on PBI.  I'll tell you, that was one mystifying quarter.  I have to say, I was kind of blown away by it.

ONXX

55.74

56.00

Onyx Pharmaceuticals Inc. (ONXX)

ONXX -  ONXX, I've got to tell you, is just a fantastic stock.  What they've got going for it is that kidney cancer... I don't want to call them a cure, because that gives you too much expectation... but something that really works for kidney cancer... something that works for liver cancer...  At $55, I still think it would be right for the Germans to buy up the rest.  I have to tell you... I think that ONXX could still double from here!... without the darn Fed!...

Price target:  $110.00

WFC

29.10

29.25

Wells Fargo (WFC)

WFC -  Oh my... You know what... Talk about... This is like a beautiful penthouse in just a real bad area (buzzer sounds)...  WFC is such a well-run company, but it doesn't matter.  It's in the banking business, and here's what they do in banking... Everyday, they come to work, and they rip the money up... I'm telling you something... even WFC feels like the Bailey Building and Loan to me...  I want to be bullish on WFC, when the Fed comes to its senses but, until it does, count me out! 

ITT

63.88

64.62

ITT Corporation (ITT)

ITT -  I want you to absolutely stay in.  This is a great water treatment company.  This is an incredibly well-run company.  It has been.  It's financially well-managed.  I think ITT is a company I should focus on for 2008... As a matter of fact, I am going to... This is really... Of the whole Lightning Round, this is my favorite stock... It's down $2 bucks today.  I say we pull the trigger.  I say we buy and stay with ITT!

         

[ end of lightning round ]

 

   
 

Go to the next 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