Wednesday, 02/06/08
Posted 02/07/08,  12:31 am ET

(Scroll down to see Jim's comments below)

 
 
Today's date:  Wednesday, 02/06/08

  Dow Jones: 12,200     - 65
  NASDAQ:   2,278     - 30
  S&P 500:   1,326     - 10
 
 
 
     

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)

AEO

20.62

20.54

American Eagle Outfitters Inc. (AEO)

AEO -  A very tough call.  A lot of insider buying... The stock has not had...  I went into the company stores... a bunch of them this weekend, just because I keep thinking, what did the insiders see when they bought?...  I think the stock marks time between $19 and $21... until the (Fed rate) cuts and the (mortgage) refinances make it so that we feel better spending.  After the terrible
Macy's (M) guidance today, I am not going to tell you to buy that one... don't buy, dont' buy...  You know my favorites.  It's TJX (TJX), it's Costco (COST), and it's Wal-Mart (WMT), because that's what people are trading down to... They're staying away from these expensive stores.
 

COST

63.71

64.32

Costco (COST)

See AEO comments above for:
COST 
 

TJX

30.88

30.65

TJX (TJX)

See AEO comments above for:
TJX
 

WMT

48.83

47.85

Wal-Mart Stores Inc. (WMT)

See AEO comments above for:
WMT 
 

 

       

F

6.31

6.26

Ford Motor Co. (F)

F -  Okay... there are two ways to play Ford... There's the common stock, F...  Ix-nay (i.e., don't buy) the common stock... and there's a piece of Ford Preferred, that trades aggressively.  I typically don't recommend preferreds, but I recommended it for Countrywide, for Thornburg Mortgage, for GM, and for Ford... They pay you more to wait and, if the stock really comes back, you're going to make some money in the common stock too...  Ford Preferred!...  [Note:  Given the higher average trading volume, we believe this symbol is:  FORD MOTOR 7.50 NTS (F-PA), but cannot be certain, since it was not specifically mentioned - or shown - by Jim] 
 

FWLT*

65.68

64.89

Foster Wheeler (FWLT*)

FWLT* -  We don't back up trucks in this environment.  It's far too dangerous.  As a matter of fact, I removed the 'back up truck' button, because I was afraid that I might push it on something I really like, when we all know this market has become way too hard to load up the boat at any particular level.  I started to pull the trigger for a little FWLT* for my charitable trust today...  but I'm buying it down... I'm buying it slowly...  The stock could go to $60.  It's got a nice discount from where it was.  We know that Ray Milkovich, who's the CEO, has got a good book of business.  Only 25% is American.  That said, this is a tough tape.  Let's buy slowly.
 

MR

34.20

33.58

Mindray Medical International (MR)

MR -  Interesting Chinese spec (ulative play) in a very overheated market where we're recommending only a very few names...  Gushan (GU) for speculation, GU...  We like Baidu (BIDU) at a discount.  We like Focus Media (FMCN), ahead of the olympics, but that's all...  That's all we're bullish on, because China is too hot... too hot to handle, for the vast majority of viewers.
 

GU

10.90

10.84

Gushan Environmental (GU)

See MR comments above for:
GU
 

BIDU

230.00

225.00

Baidu.com Inc. (BIDU)

See MR comments above for:
BIDU
 

FMCN

44.92

44.00

Focus Media (FMCN)

See MR comments above for:
FMCN
 

 

       

TXT

54.44

54.25

Textron Inc. (TXT)

TXT -  This defines this market!  I was on the TXT conference call...  Every division was en fuego!... Everything was good... Defense was good... Financial was good...  Helicopters were great... and what did the stock do?... Absolutely nothing but go down...  This is why I am saying, be cautious... Yes, I want to buy TXT!  Just start at $55...  You want to buy 100 shares?...  You buy your first 25 at $55, then you wait until $53, then you wait till $50... It is that tough out there...  That was a beautiful quarter!  One of the best I've seen, and yet I still am gun shy to load up right here. 
 

ICE

115.90

122.58

InterContinental Exchange, Inc. (ICE)

ICE -  This is not a political show, but I campaigned on this show against that merger... I thought it was ridiculous that those two companies could merge, and have a stranglehold on our people, who trade futures and options... when they let that clearing division merge.  They should never have done it.  I was recommending the New York Stock Exchange (NYX*), thinking that Justice (Department) would do exactly what they said they'd do... which is to investigate it.  Now it's too late.  Every stock's getting killed.  I look at ICE, and I think that they NYX* should swoop in, before their stock goes to $60, and pick that one up.  I'm not nearly as worried about ICE and, by the way, in the end, I think Justice will fold because, let's not forget... we do have a government that's of, by and for the corporation.  But this has been a nasty blow, because the CME Group (CME) had a great quarter.  Let's be careful out there.  ICE at $110, then maybe ICE at par (i.e., $100 a share)... which is genuine Wall Street jibberish for ICE at $100...

Price target to buy first:  $110.00
Price target to buy again:  $100.00 
 

ELN

25.55

24.86

Elan Corp. plc (ELN)

ELN -  It's just that I lost so much money playing an Alzheimer's hoped-for drug, and it's got some efficacy with Forest Labs...  I never pulled the trigger, but darned if I'm going to tell you not to buy.  I should have just listened to the guy...
 

ACI

46.73

46.36

Arch Coal Inc. (ACI)

ACI -  All right, I screwed up, and I'm not the guy to go to one this... Why?  Because I believed that the restrictions were going to be so taught on coal that you would not get any upside, because the democrats and the republicans refuse to endorse any sort of measure that would have given us emission controls, so at least we would know what to do...  Sure enough, Michael Ward... (buzzer sounds)... the fantastic CEO from CSX Corp. (CSX) called in, and told us that coal is all export!...  ACI is good.  Peabody (BTU) is better, and I'm re-opening the book on Patriot Coal (PCX)... Maybe that's a good one, due to the recent spin-off...  I'd like ACI to come down, but I was wrong... It's not domestic, it's international...
 

 

PCX

43.41

43.47

Patriot Coal (PCX)

See ACI comments above for:
PCX
 

 

BTU

50.61

50.25

Peabody Energy Corp. (BTU)

See ACI comments above for:
BTU
 

INTC

19.92

19.76

Intel (INTC)

INTC -  Okay, INTC reported a not-good quarter.  The stock then climbs from $19 to $20, for absolutely no good reason.  Meanwhile, after the close (today), John Chambers (CEO) gives terrible from Cisco (
CSCO), sending all of technology down.  I want you sell INTC right here... sell it!  I think the stock goes back to where it reported.  Sell, sell, sell!...  I've been no fan of tech... either momentum tech, or any other kind of tech, since the year began and, I've got to tell you, it ain't getting better, it's getting worse... 
 

CIM

18.82

18.75

CHIMERA INVESTMENT (CIM)

CIM -  They raised a lot of money... I feel very confident... I recommended CIM a couple of points ago... This is that one that is CIM... I think that this stock is one of the two best ways to play the crisis in housing... the other being Annaly (NLY*).  This one has raised money to be able to pick and choose among the rubble.  It's good.  I prefer NLY*, because of the dividend, but you're not going to go wrong with either.  I would stick with either... I would stick with Mike Farrell (CEO of NLY*)...
 

NLY*

20.44

20.76

Annaly Capital Management (NLY*)

See CIM comments above for:
NLY*

       

[ 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 >>


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