Wednesday, 03/05/08
Posted 03/05/08,  11:21 pm ET

(Scroll down to see Jim's comments below)

 
 
Today's date:  Wednesday, 03/05/08

  Dow Jones: 12,254     +41
  NASDAQ:   2,272     +12
  S&P 500:   1,333     + 6
 
 
 
 
     

Stock Snapshots - Includes all stocks from callers' questions

     
After this segment, you can see Jim's Closing Segment picks here...

 

 



See all of tonight's stocks' latest quotes on Yahoo! Finance


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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)

PFE

22.04

21.98

Pfizer (PFE)

PFE -  I know that we had an interview with the CEO of PFE.  He's a very good lawyer.  May I just say for the record that, every time a lawyer runs a finance company or a drug company, you want to sell that stock nine ways to Sunday...   That guy's not doing the job...  He's not up to the job.  He should give the job to somebody else.  That's okay... not everybody's up for the job.  It's America... I'd rather just be honest and use free speech, and say that that guy... the CEO of PFE should retire...
 

ORCL

18.79

19.11

Oracle Corp. (ORCL)

ORCL -  I like ORCL, I like ORCL... But you know what's much better is Salesforce.com (CRM).  I recommended that on (Stop Trading) show...  I like CRM more than I like Orca, the killer tech stock... 
 

CRM

59.01

58.79

Salesforce.com (CRM)

See ORCL comments above for:
CRM 
 

CAT

71.85

71.64

Caterpillar Inc. (CAT)

CAT -  The market's too much of a bear market to back up the truck to anything.  Once we had the market correction at (Dow) 14,000, we had to drop the whole notion of backing up the truck.  It's just too darn hard... I will tell you this... I sold.. I made a big mistake for my charitable trust...  I sold CAT in the $60s.  This last quarter was really terrific.  Why?  Because they were able to cordon off housing.  You are right...  If CAT can be bought below $70, pull the trigger.  They are no longer hostage to the U.S. economy, and I think that's a terrific thing.

Price target to buy:   Under $70.00  
 

GLBL

18.66

18.74

Global Industries Ltd. (GLBL)

GLBL -  I like them...  I don't understand why that stock is so darn low... But the one that I've been recommending in that exact group is Willbros Group (WG), which looked like it reported a bad quarter but, by the way, it actually said guidance was good during the conference call...  I like WG more than yours.
 

WG

34.86

34.73

Willbros Group (WG)

See GLBL comments below for:
WG
 

AME

42.88

42.74

Ametek Inc. (AME)

AME -  At one time, I owned a ton of AME, because I lived next door to the company.  That is a great... it's like a mini Honeywell (HON)... they make motors... a mini Emerson (EMR) is probably more like it.  They do a lot of aircraft precision stuff.  You know, that is a really great stock...  Memo to staff... We should be recommending AME...     They have done everything right.  It's cut in right in that pantheon of stocks that are just great American stocks that manufacture things.  People don't think we don't do that right.  That's wrong.  AME is terrific.
 

HCBK

15.90

15.87

Hudson City Bancorp (HCBK)

HCBK -  That's like the Bailey Building and Loan... that is our absolute favorite bank stock.  It is by far the best-performing bank stock.  They've got a real squeaky-clean branch that I visited in Westhampton this weekend.  HCBK is the only bank stock that I've been recommending on this show and, everytime I try to pick another one, I get crushed.  That company has very few bad loans...  They had about six bad loans in the whole state of New Jersey.  That's for me. 
 

BWLD

21.83

21.64

Buffalo Wild Wings Inc. (BWLD)

BWLD -  No, no, no.  We got out of that stock about 12 points ago, on their first bad miss.  Everyone played them up for the Superbowl... (buzzer sounds)...  Please... you've got to deliver.  We are not about making friends.  We are about trying to make you money, and I cannot make you money in a declining business like BWLD.  They did keep their chicken costs low, and I appreciate that, but they are not blowing up the comp stores like they used to, so I am not recommending it at all. 
 

NVDA

21.17

20.91

NVIDIA Corporation (NVDA)

NVDA -  No.  I'm not going to tell you to do that.  I know it should hold, like Broadcom (BRCM) was supposed to hold.  You know, this is a graphics chip company.  Advanced Micro (AMD) bought one too.  I don't want to have anything to do with this company.  Maybe it can bounce but, on the bounce, I want you to sell.  Sell, sell, sell!  It's just too hard.
 

SE

23.60

23.44

Spectra Energy Corp. (SE)

SE -  I like it, but I'd rather own its parent, Duke Energy (DUK)... Well, it's not its parent anymore... the spinoff... DUK spun it off.  It yields 5%.  That's the better bet.  I'd rather stick with, not SE, but with DUK.
 

DUK

17.62

17.57

Duke Energy (DUK)

See SE comments above for:
DUK 
 

         
         
       

[ end of lightning round ]

   
 
After this segment, you can see Jim's Closing Segment picks here...

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.

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 >>
   
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