Wednesday, 04/23/08
Posted 04/24/08,  08:43 am ET

(Scroll down to see Jim's comments below)

 
 
Today's date:  Wednesday, 04/23/08

  Dow Jones: 12,763    + 43
  NASDAQ:   2,405    + 28
  S&P 500:   1,379    + 4
 
 
 
 
     

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)

STT

66.54

na

State Street Corp. (STT)

STT -  This was, I think, kind of guilt by association.  But you know on this show, we only like Hudson City Bancorp (HCBK) and JPMorgan Chase & Co (JPM) and, sometimes, Goldman Sachs (GS*).  Every other financial is... sell, sell, sell!   Particularly the monolines, which we know as being Ambac (ABK), MGIC Investment Corp. (MTG), MBIA Inc. (MBI), and PMI Group Inc. (PMI)... Sell, sell, sell!

HCBK

18.42

na

Hudson City Bancorp (HCBK)

See STT comments above for:
HCBK

JPM

45.15

na

JPMorgan Chase & Co (JPM)

See STT comments above for:
JPM

GS*

179.35

na

Goldman Sachs (GS*)

See STT comments above for:
GS*

ABK

45.15

na

Ambac (ABK)

See STT comments above for:
ABK

MTG

18.42

na

MGIC Investment Corp. (MTG)

See STT comments above for:
MTG

MBI

45.15

na

MBIA Inc. (MBI)

See STT comments above for:
MBI

PMI

18.42

na

PMI Group Inc. (PMI)

See STT comments above for:
PMI

RMBS

23.73

na

Rambus Inc. (RMBS)

RMBS -  It does have a great graphics chip, and I do think that's important.  And, by the way, shame on me... No sooner do I say I don't like the semiconductors, then Broadcom Corp. (BRCM) does its first good number in six years.  I think that NVIDIA Corporation (NVDA) and RMBS both have properties that I like, however, let me be very clear and say this... I can't go positive on tech, after one day, one good number...  RMBS is up nicely.  I actually think you should be thinking about selling a little RMBS.

NVDA

20.44

na

NVIDIA Corporation (NVDA)

See RMBS comments above for:
NVDA

SRE

57.50

na

Sempra Energy (SRE)

SRE -  This was a company that was spun off by Duke Energy (DUK)...  This was just a fantastic natural gas play.  Again, I have slighted this one, along with Questar Corp. (STR), along with Ultra Petroleum Corp. (UPL)...  I love this group!  The natural gas play lives, and SRE lives with it!

STR

63.03

na

Questar Corp. (STR)

See SRE comments above for:
STR

UPL

85.63

na

Ultra Petroleum Corp. (UPL)

See SRE comments above for:
UPL

TIN

11.92

na

Temple-Inland Inc. (TIN)

TIN -  You hold it!  This is a terrific... they've restructured the company.  Any little lift in the economy, TIN is going to be fabulous.  This is the company that Carl Icahn basically restructured and what's left is just so cheap, I wish I owned some myself!

PENN

39.62

na

Penn National Gaming (PENN)

PENN -  I'm worried that the deal for PENN won't close.  The only casino stocks that are doing well are the ones that are in Macau.  And that is because Macau announced that you can't build anymore in Macau.  PENN may not get the financing... and that is certainly contrary to what everybody is saying.  I am worried that you could still lose money... Sell, sell, sell!... It's down a lot and it ain't done.  I want you to go.

BUD

47.72

na

Anheuser-Busch Companies Inc. (BUD)

BUD -  No, no, no... It's good, but you know that we like Molson Coors Brewing Company (TAP), which is on fire, and we've been really right on.  I want you out of BUD.

TAP

56.00

na

Molson Coors Brewing Company (TAP)

See BUD comments above for:
TAP

ZOLT

26.43

na

Zoltek Companies Inc. (ZOLT)

ZOLT -  I played ZOLT... played it... caught the double... left it.  The last quarter, not that good.  I do like wind power, but I'm not going to get in behind that one... Don't buy, don't buy.  Inconsistent player... inconsistent.  I don't have room for it.

PM*

52.00

na

Philip Morris International (PM*)

PM* -  I have been buying both Altria (MO*) and PM* consistently for my charitable trust.  I like them both.  PM*'s got more growth and MO* has a bigger dividend.  Now let me explain something... this is important.  I have been criticized beyond belief in email for being an idiot for sticking with these two.  And, just today, PM* reported one of the most beautiful quarters... and I was thinking, c'mon guys... now email me and say you're sorry!

MO*

22.30

na

Altria (MO*)

See PM* comments above for:
MO*

FCTR

29.98

na

First Charter Corp. (FCTR)

FCTR -  To me, there's no real edge to it.  It's consulting.  I'm not real crazy about it.  I frankly think that, uh...  You know, it's not a bad company...  I see no reason to own the financials other than Hudson City Bancorp (HCBK) and JPMorgan Chase & Co (JPM) and I am warming up to the insurers after that huge Safeco Corp. (SAF) by Liberty Mutual...  Let's look at Chubb (CB)...

CB

51.26

na

Chubb (CB)

See FCTR comments above for:
CB

TRN

27.24

na

Trinity Industries Inc. (TRN)

TRN -  No, no, no...  We had Michael Ward yesterday, who's the CEO of CSX Corp. (CSX), which delivered a monster quarter... (buzzer sounds)... He's made us more money than anybody.  His stock has beaten 90% of the S&P 500... and, yet, there's a fight to get rid of him by some moron hedge fund, which is just ridiculous!  I feel that the railcar business is not a good business.  Now, Michael said good things about needing more railcars, but we looked at TRN to try to make money, and we couldn't do it, so we said thumbs down to TRN.  But thumbs up to CSX...

CSX

59.36

na

CSX Corp. (CSX)

See TRN comments for:  CSX

MCF

77.81

 

na

Contango Oil & Gas Co. (MCF)

MCF -  You've got a winner.  MCF is good...  I like natural gas stocks a lot.

       

[ end of lightning round ]

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