Thursday, 03/27/08
Posted 03/28/08,  06:44 am ET

(Scroll down to see Jim's comments below)

 
 
Today's date:  Thursday, 03/27/08

  Dow Jones: 12,302   - 120
  NASDAQ:   2,280    -  43
  S&P 500:   1,325    -  15
 
 
 
 
     

Stock Snapshots - Includes all stocks from callers' questions

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

 

 



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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)

CROX

18.37

18.48

CROCS (CROX)

CROX -  Oh, CROX...  You know, CROX... Everytime I want to say it's cheap, I find myself saying it's just going to get cheaper.  It's a total knockoff brand.  I just don't think there's anything proprietary about CROX.  I do not want to own that stock.  Sell, sell, sell!

CFC

5.88

5.96

Countrywide Financial Corp. (CFC)

CFC -  I'm not an arbitrager, but the buyout I believe will close.  I've been recommending the COUNTRYWIDE CAP V (CFC-PB), but the CFC common (stock) could be good, because they are allowed to go to the Fed window.  They're fine.  Bank of America (BAC)'s fine.  Now, hold on just a second... They're not fine from the point of view that I would want to buy them, okay...  I don't want to own either stock.  I am saying that I think the CFC deal will close, and so it's worth owning, if you like it for that reason... but I'm not an arbitrager, and I don't want to be there myself.

CFC-PB

17.13

17.40

COUNTRYWIDE CAP V (CFC-PB)

See CFC comments above for:
CFC-PB

BAC

38.64

38.78

Bank of America (BAC)

See CFC comments above for:
BAC

CPN

18.38

18.46

Calpine Corp. (CPN)

CPN -  I like the energy complex... everybody knows that... I like the electricity group, but I like the conservative electricity group.  I am going to send you to where I talked about yesterday in Penn State... I'd rather send you to Exelon (EXC)...  I also like Duke (DUK)... I think CPN is too risky for me... too risky.

EXC

80.88

81.12

Exelon Corp. (EXC)

See CPN comments above for:
EXC

DUK

17.80

17.96

Duke Energy (DUK)

See CPN comments above for:
DUK

ACAD

9.81

9.79

Acadia Pharmaceuticals Inc. (ACAD)

ACAD -  No, no, no... We've been negative on that one.  We don't think they have anything proprietary whatsoever.  Remember, we like Genentech (DNA) still, above $80... We think it's still a good value.  We think Gilead (GILD) can grow for 20% without a problem...  And Celgene (CELG), we've decided to cut back our position, just to give you the full panoply of biotech...  We've cut CELG in half, because we don't want to be greedy.   

DNA

80.13

80.41

Genentech (DNA)

See ACAD comments above for:
CAG

GILD

49.98

50.26

Gilead (GILD)

See ACAD comments above for:
GILD

ZOLT

26.56

27.04

Zoltek Companies Inc. (ZOLT)

ZOLT -  Played out... played out... We recommended it at $12, we took it off AT $26.  It went up and then it came back off a disappointing quarter.  I know people want to own it because of windmill power.  I can understand that.  I think the windmill story's a good one.  There are other ways to play it... Vesta, even, in Europe, but boy, that's not a great company.  But I've got to tell you, I think ZOLT's just going to rest here.  I need to see a good quarter before I want to get in that one.  There is tremendous pin action off of wind, but I haven't been able to find it... 

IACI

20.76

21.05

IAC/InterActiveCorp (IACI)

IACI -  I am going to disagree on (Barry Diller having) the Midas touch.  I felt that way myself.  I think that, in retrospect, that has not applied to IACI.  It has not been a good stock.  It does have some good cash flow.  It does seem cheap down here, but I've got to tell you...  The whole web seems cheap, and I don't want to pull the trigger on that one at all.  I think that, as that one goes to $21-22, sell, sell, sell...  Without a doubt, I want you to sell it.  There's nothing special.

AYR

12.59

12.55

Aircastle LTD (AYR)

AYR -  I blew that!  I totally blew it...  Memo to media... you want to make fun of me for something I got wrong, it was Genesis Lease (GLS) and AYR.  AYR cut their dividend yesterday.  These are companies that are really straight in the crosshairs of the credit crunch, because they're not able to issue short-term debt to be able to fund their airplanes.  And AYR is also owned by Fortress Investment Group (FIG), which is a company that's in the 'Sell Block'... a piece of it is owned by it...  so basically I thought that the aircraft business, which had been so great for so long, would do well...  I got it wrong. I have hurt people, and I apologize.  I believed in the group...  We had the GLS guy on...  But, boy, we liked that story, and we got that story wrong - we were fooled!  The dividend was not safe in AYR... and, when that happens, you know what?  Sometimes I just blow 'em, and I blew that one...  (buzzer sounds)...  Sometimes you've got to call them as you see them...

GLS

15.54

15.37

Genesis Lease (GLS)

See AYR comments above for:
GLS

FIG

12.11

12.01

Fortress Investment Group (FIG)

See AYR comments above for:
FIG

 

       

CAG

23.45

23.59

ConAgra Foods, Inc. (CAG)

CAG -  I think that I'm a day late, and a dollar short on CAG.  Had I been watching Fast Money yesterday, where they featured the stock as a great place to be, off of some options activity, then I would have been right.  Now, I am too late.  I think the trade has been made.  I'd like to see some of the work they're doing on Fast Money.  They're ahead of the work that I'm doing on a lot of these stocks that I check out, and they were dead ahead on CAG.  Cheers to them.

PNM

12.38

12.45

PNM Resources Inc. (PNM)

PNM -  I don't know... They got this really bad rate ruling.  I went over it, to think that maybe I should recommend the stock.  The more I looked at the rate ruling, the more I realized that this thing is in the penalty box for at least a year.  I can tell you that it could inch up over time, but I don't want you to be there.  I don't think that there's a lot of upside.  I guess what I'm saying is, don't stick with PNM... Sell, sell, sell!

 

       
       

[ 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.

 

 

   
   
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