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Wednesday, 01/02/08
Posted 01/02/08, 11:36
pm |
(Scroll down to see Jim's
comments below) |
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Today's date:
Wednesday, 01/02/08 |
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Dow Jones: |
13,043 |
-220 |
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NASDAQ: |
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2,609 |
- 42 |
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S&P 500: |
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1,447 |
- 21 |
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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.
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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...
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RTRSY |
75.35 |
74.78 |
Reuters Group Plc (RTRSY)
See TOC comments above for:
RTRSY
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NWS |
20.70 |
20.60 |
NEWS CORP (NWS)
See TOC comments above for:
NWS
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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.
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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.
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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!
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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...
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STJ* |
40.29 |
40.50 |
St. Jude Medical Inc. (STJ*)
See EVVV comments above for:
STJ*
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BCR |
92.33 |
92.39 |
CR Bard Inc. (BCR)
See EVVV comments above for:
BCR
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BDX |
86.78 |
87.02 |
Becton Dickinson & Co. (BDX)
See EVVV comments above for:
BDX
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BAX |
57.79 |
58.11 |
Baxter International Inc.
(BAX)
See EVVV comments above for:
BAX
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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...
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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.
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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
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WFC |
29.10 |
29.25 |
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