Thursday, 05/15/08
Posted 05/15/08,  10:03 pm ET

(Scroll down to see Jim's comments below)

 
 
Today's date:  Thursday, 05/15/08

  Dow Jones: 12,992  + 94
  NASDAQ:   2,533  + 37
  S&P 500:   1,423  + 14
 
 
 
 
     

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)

MRK

40.00

na

Merck (MRK)

MRK -  We're stuck at $40.  Tomorrow is options expiration day.  MRK almost always goes out at strike.  If you guys don't understand "option pinning," I wrote a book about it.  It's a very complicated thing... It's in Jim Cramer's Real Money... It's the handbook I wrote for my hedge fund.  MRK is going to be stuck at $40.  That said, I think MRK is cheap.  I think MRK is going to surprise to the upside, because of Vytorin scripts, which is why I've been recommending endlessly Schering-Plough (SGP*), which I've been buying and buying and buying for my charitable trust...  Now, here's the deal... MRK's got a better yield than SGP*, but SGP* has a more explosive situation to the upside...

SGP*

19.42

na

Schering-Plough (SGP*)

See MRK comments above for:
SGP*

WFMI

29.12

na

Whole Foods Market Inc. (WFMI)

WFMI -  This is a tough one... I think a lot of us... I think I speak for a lot of us when I say that there is rarely something more fun than shopping at Whole Foods... I love it.  I like to look at new foods... I like natural foods.  I think it's terrific.  But, you know what?  Shopping there, and buying the stock, are two different things.  The company's got decelerating growth rates...  You know the supermarket business is hurt by both Costco (COST) and Wal-Mart (WMT)...  The bottom line here is, it's a great place to shop, but it continues to miss the quarter, and I am going to have to tell you - even down here at $28-29, don't buy, don't buy...

CNX

96.02

na

CONSOL Energy Inc. (CNX)

CNX -  This is one I'm so proud I recommended... I don't know if I can still buy this thing at $97.  This stock is up so much on a spike... and I have been very greedy in coal.  Everyone knows I like this Arch Coal (ACI)... I've been so greedy in it.  Let me do this... let me try to... let me come out against greed here... right here... and say that CNX... I want people to ring the register a little, because it is up so much, it would just make me feel terrible, if I gave up that gain.  So, ring the register a little CNX...

ABMD

13.87

na

Abiomed Inc. (ABMD)

ABMD -  No, no, no... It's way too speculative.  I have never been a fan... I remember when this thing came public... Don't buy, don't buy...  I've got so many situations that are not speculative, that are going to have more upside.  Forget that one.

TIN

14.52

na

Temple-Inland Inc. (TIN)

TIN -  This is one I recommended at $11 bucks, and everyone said, Jim, it's just got all this debt... you don't know what you're talking about...  I understand the packaging business.  My dad's been in the packaging business for 67 years, for heaven's sake.  This is my game!  I know this company.  I know TIN... I recommended it.  It's at $14 now.  Somebody else finally got on the bandwagon.  I am telling you, this company is going to $16, and it is not too late!  TIN is my kind of stock, and I know packaging.

CHDX

25.45

na

Chindex International Inc. (CHDX)

CHDX -  This is one, up very big... medical equipment... Come on... another one where I want to do a little register ringing.  You got a 12% gain today... we're not going to give that back.  I want some taken off the table.

PCG

40.61

na

PG&E Corp. (PCG)

PCG -  The only reason I don't want to recommend PCG is that I believe they will place big orders with First Solar (FSLR)... because the public utilities commission in California is incredibly pro-solar...  That's the only reason.  I don't want to own that company otherwise.  It's had a big run, and I don't think it deserves anything.  California is slowing down, but we like a FSLR from them, or from SoCal Ed, for that matter...

FSLR

306.78

na

First Solar (FSLR)

See PCG comments above for:
FSLR

FMCN

41.77

na

Focus Media (FMCN)

FMCN -  Tough... tough... because I've been recommending it as a China Olympics play... and it hasn't really worked out... (buzzer sounds)... but everybody really kind of knows that story now.  I haven't been recommending a lot of Chinese stocks.  Thank God we got out very close... thank heaven's we got out very close to the top.  I'm not a buyer of FMCN. 

EGY

7.31

na

Vaalco Energy Inc. (EGY)

EGY -  EGY is a very interesting company because, while it is located in Texas, it's an African oil company.  I've looked at the Gabon tracts that they have, and a lot of people tell me that, if you can really start drilling in Gabon, it's going to be big.  This is a $7 number.  I think it can go to $10.

Price target:  $10.00

CENT

6.79

na

Central Garden & Pet Co. (CENT)

CENT -  No.  You can shop there, my friend, but that is a big part of retail that's not working.  If you have to own something like that - and I'm not going to recommend it - I'd rather go to Lowe's (LOW)...  I cannot recommend CENT...

LOW

25.14

na

Lowe's (LOW)

See CENT comments above for:
LOW

       

[ 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