Tuesday, 03/11/08
Posted 03/11/08,  10:47 pm ET

(Scroll down to see Jim's comments below)

 
 
Today's date:  Tuesday, 03/11/08

  Dow Jones: 12,156   + 416
  NASDAQ:   2,255     + 86
  S&P 500:   1,320     + 47
 
 
 
 
     

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



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)

WB

29.78

29.63

Wachovia Corp. (WB)

WB -  In January, WB had just a gigantic bounce, okay?...  Just a huge bounce...  We are now enduring another huge bounce in WB, and what I want you to do is, as it goes higher... Sell, sell, sell!...  I want you to sell WB.  I am still - despite what the Fed did today... which is to listen to the Cramer Plan on Mad Money... and take $200 billion in bad mortgages out...  I still cannot get behind WB.  I think you're getting a nice lift...  This is precisely what I'm talking about... an oversold rally - we get a stock lift - and you scale out of the stock as it goes higher. That's what I would do.

LF

6.91

6.93

LeapFrog Enterprises Inc. (LF)

LF -  No.  That's a toy company... The only toy companies I like right now... I like JAKKS (JAKK)...   I like Mattel (MAT), under $20, because they've got a pretty good dividend...  It's back over $20 now...  I'd rather do those.  LF cost me a lot of money.  They did this interesting pen that I thought was going to take off.  It didn't.  I think you should sell LF... Sell, sell, sell!...  I want you in MAT, at $20, because of that good dividend, or JAKK, and that's it.  

JAKK

27.83

27.81

JAKKS Pacific Inc. (JAKK)

See LF comments above for:
JAKK

MAT

20.18

20.20

Mattel Inc. (MAT)

See LF comments above for:
MAT

Price target to buy:  Under $20.00

CHK

45.98

45.36

Chesapeake Energy Corp. (CHK)

CHK -  This is a guy that has come in with guns blazing... His name is Aubrey McClennan (CEO)... okay?...  He is the CEO, and he has bought this stock consistently... he bought some more last week.  The stock is up on a spike.  Anybody who's a chartist would say, whoa, be careful... I am recommending this stock, whenever it comes in... This is one of the largest natural gas-producing companies... You know I think this is the year for natural gas...  You know I think natural gas is going to $16 bucks... This is the best play on natural gas right now.  It's the cheapest natural gas company in the country... CHK... and the management is fabulous.

ONXX

26.91

27.00

Onyx Pharmaceuticals Inc. (ONXX)

ONXX -  You know, when it got the liver cancer thing, I was hoping that there'd be a lot of other uses...  Right now, it doesn't look like there are.  My hope for the future of that company was that it would get a takeover bid, based on the idea that it had a lot of stuff in the pipeline that was going to work against a lot of various cancers.  My view turned out to be wrong.  I was right for the first 20 points, and then wrong...  So, I don't know... I think this is a 'don't buy'...  The applications turned out to be not as big as I thought.  Don't buy, don't buy... 

WR

23.14

23.24

Westar Energy Inc. (WR)

WR -  I've got to tell you, Sparky... A 5% dividend is something that I want to own...  Frankly, I think that that's a good one.   I know that it's had a checkered past, but the boost in the dividend... you're absolutely right.  5% is good.  And, not only that...   I'm going to continue to endorse any stock that can afford to pay a 5% dividend, for people to have...  I may not call you diversified unless I see something that has a 4-5% yield..

BBT

32.86

32.74

BB & T Corp. (BBT)

BBT -  No, that is one that I want to scale out of... Sell, sell, sell!...  It is very similar to Wachovia Bank (WB)...  But WB and BBT... they're a little overextended, in terms of the bad debt... What I'd like to do is scale out of them over time.  Maybe we can revisit them at a lower level.  We're getting a nice rally, and I want to be out of that stock, as it goes higher... I'm trying to be really polite about this one.

YGE

14.69

13.91

Yingli Green Energy Holding Co. Ltd. (YGE)

YGE -  Not the beer, the solar company...  You know what?...  The solar companies have had a big ramp here.  Oil's up a lot. First Solar (FSLR) has been my favorite, but the stock's up $25... I know that this YGE has a lot of adherence, but it just went up a lot... I've got to say, 'Don't buy, don't buy...' until it comes in.  We have hurt too many people when we get aggressive on these solar stocks, and I am not going there...

FSLR

198.11

203.08

First Solar, Inc. (FSLR)

See YGE comments above for:
FSLR

PBR

114.58

114.74

Petroleo Brasileiro (PBR)

PBR - Yes!  I absolutely do! (think this is a long-term play)...  PBR is the kind of stock that I like to buy on all these downturns.  It's got three things going for it... We've got a shortage in oil, it's the best-run national oil company, and it's in Brazil!...  which is the way we used to be in this country... fiscally conservative... they don't spend more than they have... they've got a great, growing middle class, and they're fabulous engineers.  I would, any day, take money and put it in Brazil, and that's the best Brazilian stock.

AN

14.51

14.44

AutoNation Inc. (AN)

AN -  I don't like that business right here.  I think the economy is not strong enough... (buzzer sounds)...  I just feel like owning AN is too much of a bet that autos come back, and that consumers come back, in time.  I've got a lot of other, much cheaper stocks I'd rather buy, including Costco (COST), if I wanted to make a bet on the consumer, okay?...  So, I'm not going there.  I'd rather be in Nordstrom (JWN) if I wanted to make a bet on the consumer.

COST

62.62

62.62

Costco (COST)

See AN comments above for:
COST

JWN

34.06

34.07

Nordstrom (JWN)

See AN comments above for:
JWN

 

       

DAN

9.90

10.56

Dana Holding Corporation (DAN)

DAN -  The recapitalized Dana?... No... c'mon... Don't buy, don't buy... This economy's not good enough to do that.  I saw that recap, and I remember the old Dana used to be a very conservative company.  But no, I don't want to do that.  Anything auto is too hard for me here.  I would rather have you sell that stock.  Too many recaps out of bankruptcy have hurt too many people.

ORCL

19.51

19.65

Oracle Corp. (ORCL)

ORCL -  I think Oracle's a good company.  I think (CEO, Larry) Ellison's money in the bank.  I like all the combinations he's put together but I have to tell you... Marc Benioff is my kind of guy.  You want to take some risk and you want to own software?  Then I think you buy Salesforce.com (CRM).  Is it for me?  No.  But for risk takers it is...

CRM

58.45

58.59

Salesforce.com (CRM)

See ORCL comments above for:
CRM

 

       
         
         
         

 

       

 

       
         
         
       

[ 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 >>


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