Tuesday, 04/22/08
Posted 04/23/08,  7:51 am ET

(Scroll down to see Jim's comments below)

 
 
Today's date:  Tuesday, 04/22/08

  Dow Jones: 12,720  - 104
  NASDAQ:   2,376   - 31
  S&P 500:   1,375   - 12
 
 
 
 
     

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)

SHLD*

96.52

na

Sears (SHLD*)

SHLD* -   You know that I stopped recommending the stock, and I own a piece of it for my charitable trust...  I am not recommending the stock because this is the single worst environment to own SHLD*, okay... As it is for Lowe's (LOW)...  As it is for
Macy's (M)...  As it is for J. C. Penney (JCP)...  As it is for Kohl's (KSS)...  As it is for Talbots (TLB)...  As it is for Apollo Group Inc. (APOL), which owns Linens 'n Things...  In other words, this is a really bad group to own, with the exception of Costco (COST), which you know we like... and we like TJX (TJX)...  we think that's a good one...  and we like Wal-Mart (WMT)  and we like Urban Outfitters (URBN)...  and we also like J. Crew Group (JCG) because we bumped into Mickey Drexler (CEO) for a cup of coffee this morning and he's a good man... but that's not enough reason to buy the stock...   Now, here's what I think...  I think, ultimately, you do not want to buy SHLD* until after you see this horrible quarter.   Once we have the horrible quarter, maybe I'll give an all clear, but I am not giving you an all clear now for SHLD*...  I didn't even go into it about Eddie (Lampert, CEO)... but whatever...  who's my old friend from Goldman Sachs...  I just don't think the company is doing well, plain and simple. 

LOW

24.32

na

Lowe's (LOW)

See SHLD* comments above for:
LOW

M

23.33

na

Macy's (M)

See SHLD* comments above for:
M

JCP

39.86

na

J. C. Penney (JCP)

See SHLD* comments above for:
JCP

KSS

46.09

na

Kohl's (KSS)

See SHLD* comments above for:
KSS

TLB

7.43

na

Talbots (TLB)

See SHLD* comments above for:
TLB

APOL

46.02

na

Apollo Group Inc. (APOL)

See SHLD* comments above for:
APOL

COST

68.08

na

Costco (COST)

See SHLD* comments above for:
COST

TJX

31.49

na

TJX (TJX)

See SHLD* comments above for:
TJX

WMT

56.55

na

Wal-Mart (WMT)

See SHLD* comments above for:
WMT

URBN

31.72

na

Urban Outfitters (URBN)

See SHLD* comments above for:
URBN

AAPL

160.20

na

Apple (AAPL)

AAPL -  All right, here's my stature on AAPL, since the beginning of the year, is to be a buyer of AAPL.  Why?  Because, literally, this conversation product... This reminds me very much of iPods, when my youngest daughter asked me for a second iPod, because it's more of a fashion accessory.... This new Apple Macintosh, with the Conversation iChat is the most revolutionary thing, and no one over the age of 35 has a clue about it...  but anyone with teenagers knows that this is on fire, and no one is going to use any other...   This will be the only... this is the defacto computer...  Okay, that's all the good news.  The bad news is that the stock has run.  This market seems to be set up right now to be able to sell on good news for a couple of days.  Why not do this... the worst that happens is you pay up to buy a little AAPL, because it's up.   I don't want you to buy it ahead of the quarter.  That would now be - after the 30-point move - to be a little silly.  But, if you have to, why don't you buy a quarter of it (your core position)... buy a quarter of it...  If it goes up, the worst that happens is you make a quick 10 points.  There's my soliloquy on Apple.

EXM

43.08

na

Excel Maritime (EXM)

EXM -  Remember, no one ever got poor taking a profit.  Why don't we do a little schnitzel... and take some off the table.  Remember, I've been recommending Frontline Ltd. (FRO)... that's been up too.   This whole bulk shipping business is coming back, because the world is actually doing little bit better.  I like FRO.  I want to take a little schnitzel off of EXM, but then let the rest run... they've still got very good yields.

FRO

55.10

na

Frontline Ltd. (FRO)

See EXM comments above for:
FRO

XOM

94.39

na

Exxon Mobil (XOM)

XOM -  I think XOM is at a 52-week high, as of today.  There's nothing the matter with taking a little profit in XOM.  However, it's hard for me to find oils that I like more than XOM, with the exception of ConocoPhillips (COP*) and, perhaps, Occidental Petroleum Corp. (OXY)... And, by the way, if McCain wins, I think that this is just THE stock to own...  But, you know what?  If you have more than 20% of your holdings in XOM or any other stock, right now... I want to sell, sell, sell... because that means you be undiversified.  That said, XOM is pretty hard to beat.

COP*

84.89

na

ConocoPhillips (COP*)

See XOM comments above for:
COP*

OXY

86.06

na

Occidental Petroleum Corp. (OXY)

See XOM comments above for:
OXY

CNX

85.00

na

CONSOL Energy Inc. (CNX)

CNX -  (going from $80 to $120)... That would not shock me...  You've got to go and listen to Steven Lear talk on yesterday's Arch Coal Inc. (ACI) conference call.   There was an explosion in pricing in coal, at the beginning of the year, in January.  Now, I do not know how much of CNX's coal business was locked in, but I know that ACI didn't have a lot locked in, and the re-adjustments for coal are extraordinary.  You've got a winner.  That stock was down $3 today.  You know what?  I typically don't do this, but I would pull the trigger right here, down $3.  That's my level of conviction for coal.  I think one of the things that's really amazing about coal is that's got both bituminous, and the really clean stuff... and metallurgical... are on fire... That's great for your stock.

BRCM

23.55

na

Broadcom Corp. (BRCM)

BRCM -  Hey skip... listen to me... you're lucky.  I didn't like TXN - sell, sell, sell... and I don't like BRCM.  I don't like the semiconductors, other than Intel (INTC).  Why is that?  Because they're up against Advanced Micro Devices Inc. (AMD), and AMD is a faltering company.  You can have every other semiconductor I'm selling to you... and every other semiconductor company I'm selling to you... sell, sell, sell... with the exception of Applied Materials (AMAT), because of that buildout of solar.

INTC

21.99

na

Intel (INTC)

See BRCM comments above for:
INTC

TXN

28.82

na

Texas Instruments (TXN)

See BRCM comments above for:
TXN

AMAT

18.40

na

Applied Materials (AMAT)

See BRCM comments above for:
AMAT

AMD

5.96

na

Advanced Micro Devices Inc. (AMD)

See BRCM comments above for:
AMD

ICO

8.93

na

International Coal Group, Inc. (ICO)

ICO -  What are you, a worst-of-breed guy?  I mean, you came up with the one coal company I don't like.  I can give you Arch Coal Inc. (ACI)... I can give you Peabody Energy Corp. (BTU)... I can give you CONSOL Energy Inc. (CNX)...  and you come with that one on my show.  Ix-nay on that one...