Tuesday, 01/15/08
Posted 01/16/08,  1:23 am

(Scroll down to see Jim's comments below)

 
 
Today's date:  Tuesday, 01/15/08

  Dow Jones: 12,501   - 277
  NASDAQ:   2,417     - 60
  S&P 500:   1,380     - 35
 
 
 
     

Stock Snapshots - Includes all stocks from callers' questions

     

 

 



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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)

BIDU

318.20

306.64

Baidu.com Inc. (BIDU)

BIDU -  BIDU's is an expensive stock that is in a Chinese market that is slowing down, but is... and it always over-reacts in the beginning...  How about we do this?... I have liked BIDU and I still like BIDU...  I don't want to be aggressive in China, because of what I saw today with a company called New Oriental Education (EDU), that was down - on an okay quarter... it was down 17 points on an $80 basis...  Let's do BIDU under $300, okay?  And, if you want to buy 100 shares, you buy your first 25 at $299.

Price target to buy:  Under $300.00

AB

65.28

64.09

AllianceBernstein Holding L.P. (AB)

AB -  No, no, no man!  If you want to be in that game, you get in T. Rowe (TROW).  TROW was down $3 today.  It's down all the way to $49.  It has no exposure to these problems.  It's a fabulously-run company, and it's down more than any.  And why do I say that?  Because I was looking to recommend TROW tonight, as an example of things that have just been given up on...  and you stick with me, and you're going to hear TROW on Mad Money... That company is being thrown away.  AB and Legg Mason (LM) is bringing them all down.  They're in a bear market.  TROW's not. 

 

TROW

49.85

49.52

T. Rowe Price Group, Inc. (TROW)

See AB comments above for:
TROW

LM

69.94

69.65

Legg Mason Inc. (LM)

See AB comments above for:
LM

 

       

HRB

17.58

17.45

H&R Block, Inc. (HRB)

HRB -  It is down so unbelievably that I've got to tell you... people are thinking it's got to have some net worth... and, you know what?... I'm not done selling it!  I think that stock heads to $14.  I don't want you touching that...   Let's stay away from that one.

Price target for drop:  Down to $14.00

FCX*

94.84

92.99

Freeport-McMoRan (FCX*)

FCX* -  I don't like it short term... I own it for my charitable trust...  Longer term, I like it so much.  It's copper.  It's got some gold... But here's the deal... everyone feels there's a worldwide recession.  I sold some much higher.  I'm looking to buy some back, but I'm being very price sensitive...  I think FCX* could trade (down) to $85 or $87... and, only there, down from $94, will I want to buy it...

Price target to buy:  $85.00 - $87.00

BAM

31.20

30.68

Brookfield Asset Management Inc. (BAM)

BAM -  You know, everyone thinks that this company is the ultimate bad real estate, private equity play.  It's run by a really smart guy from Canada.  I think they're doing a good job.  But it's considered to be just a terrible stock in a bear market...  I think that sometimes you can put away a stock that could look like
a Warren Buffett stock, four or five years from now.  Let's not throw that away.

BA

77.86

77.81

Boeing Co. (BA)

BA -  Okay... BA's Dreamliner is late again.  Now we're beginning to feel that it's got a bit of an AirBus feel to it, meaning they can't deliver the product.  The stock was at $79 when the Wall Street Journal broke the story about it.  And it just got killed.  My feeling is that we've got to wait until the estimates come down again, in order to be able to buy more BA.  Why?  Because everybody thought Dreamliner would ship this year.  We're starting to get nervous about it, so let's be careful.

RF

20.34

20.28

Regions Financial Corp. (RF)

RF -  No... National City (NCC), RF, Marshall & Ilsley (MI)... Huntington Bank (HBAN)... Sovereign Bancorp (SOV)... All of these banks are being killed by this mortgage issue.  That is in an ultimate bear market, and let me reiterate that Downey Savings (DSL)... very worried... (buzzer sounds)... Corus Bank (CORS)...  I'm extremely, extremely worried...     BankUnited  (BKUNA)... I just think, you know, call the undertaker... Let's be really clear... Jimmy brought up a very interesting situation, which is a regional bank, and that's where the real pain is.  I don't want to touch it.

DSL

23.48

23.37

Downey Financial Corp. (DSL)

See RF comments above for:
DSL

NCC

14.58

14.48

National City Corporation (NCC)

See RF comments above for:
NCC

MI

23.60

23.03

Marshall & Ilsley Corporation (MI)

See RF comments above for:
MI

HBAN

12.12

12.12

Huntington Bancshares Inc. (HBAN)

See RF comments above for:
HBAN

SOV

10.25

10.35

Sovereign Bancorp Inc. (SOV)

See RF comments above for:
SOV

CORS

9.24

9.23

Corus Bankshares Inc. (CORS)

See RF comments above for:
CORS

BKUNA

4.11

4.11

BankUnited Financial Corporation (BKUNA)

See RF comments above for:
BKUNA

CC

3.60

3.54

Circuit City Stores Inc. (CC)

CC -  If you don't have anything good to say about something, don't say it...  so maybe get the implication that I think CC could be... the house of pain (and other bearish sound effects played by Jim)... a goner.   Don't stick with CC.

 

       
         

[ end of lightning round ]

 

   
 

Go to the CLOSING SEGMENT from tonight's show here >>

See current quotes on Yahoo! Finance from tonight's show stocks here >>


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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.