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  Thursday, 06/19/08
 Posted 06/19/08,  10:57 pm ET

(Scroll down to see Jim's comments below)
 
 
Today's date:  Thursday, 06/19/08
  Dow Jones: 12,063    +34
  NASDAQ:   2,462    +32
  S&P 500:   1,342     +5
 
 
 
 
     

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Stock Snapshots - Includes all stocks from callers' questions

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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)

GEOY

18.34

18.30

GeoEye, Inc. (GEOY)

GEOY -  No, that kind of imaging company... We decided that we didn't like it... It missed the quarter, we're not there. High resolution imaging satellite...no dunka... sell, sell, sell.

HSY

34.40

34.27

Hershey Co. (HSY)

HSY -  Oh, you know, that is really a quandary for me. I don't think HSY's got the horses. I really don't. And now that you've got Mars teaming up with Wrigley, I see a house of pain for HSY. I am not going to recommend that stock. It's just too darn hard. On any lift, particularly a takeover, which I don't think would happen... I need you to sell, sell, sell.

SHLD

77.25

76.85

Sears (SHLD)

SHLD -  No, I'm not. I like Eddy, I think he's a great manager... but you know the deal. I only like Costco (COST)... I like... I didn't want to say this... I like Wal-Mart (WMT*) for my charitable trust, I really like it. I like TJX (TJX) and I like Urban Outfitters (URBN). Those are the only four retailers I'm going to recommend on this show. Everything else has gotten way too tough for retail. So take them down. You're going to hear them over and over again... because they're the only ones I'm doing... It's COST, it's TJX, it's Walmart... and it's Urban Outfitters... Everything else... Just like I feel about the autos... just like I feel about the banks... Just like I feel about the homebuilders... They can not be owned and on any lift, they should be sold.

COST

70.24

69.99

Costco (COST)

See SHLD comments above for:
COST

WMT*

57.69

57.40

Wal-Mart (WMT*)

See SHLD comments above for:
WMT*

TJX

33.10

32.91

TJX (TJX)

See SHLD comments above for:
TJX

URBN

33.83

33.62

Urban Outfitters (URBN)

See SHLD comments above for:
URBN

DAN

8.02

8.12

Dana Holding Corporation (DAN)

DAN -  There is no DAN, only zule... No, I don't like DAN. I don't like American Axle (AXL). I don't like that whole business of Automobile parts. I don't like Ford Motor Co. (F), I don't like GM... I say ix-nay, sell, sell, sell, house of pain, out a window, trainwreck... And, for those who own them... booo. No money to be made.

AXL

11.49

11.42

American Axle (AXL)

See DAN comments above for:
AXL

F

6.32

6.24

Ford Motor Co. (F)

See DAN comments above for:
F

GM

14.79

14.62

General Motors (GM)

See DAN comments above for:
GM

GTE

7.75

7.75

Gran Tierra Energy, Inc. (GTE)

GTE -  Well, you know, look... Right now, now they got energy, oil was down $5 bucks... everybody was running for the exits... I don't want you to run for the exits... It's a bull stock. $8 bucks, $7 bucks, $8 bucks... Buy some more if it goes under $7.

Price target to buy:  Under $7.00

ACAS

27.95

27.85

American Capital Strategies (ACAS)

ACAS -  And as it has been said, the stock price has come down, which then makes that dividend yield more... That's arithmetic... like fractions. Here's my take. In the end it's a financial that owns very difficult companies to be able to make a lot of money in right now. It's very, very high risk. The dividend sounds almost too good to be true. I don't like the stock. But it because, don't take it personally, ACAS people, I don't like it because I don't like banking because I think they have a lot of risky loans. I am not trying to court favor with the shorts who are all over it... I'm simply saying that I think that that business is much too hard at this point in the economic cycle.

QCOM

50.36

49.81

QualComm Inc. (QCOM)

QCOM -  I missed QCOM... at $41, $42... I had a lot of smart people tell me that this wireless chip maker was on fire. I didn't listen. I've lost my standing to comment on it... other than to say buy, buy, buy. It's going higher... congratulations, you go it, and I missed it.

GSI

10.22

11.00

General Steel Holdings (GSI)

GSI -  General Steel, I've looked at it... I like GSI... I like letter United States Steel (X), which everybody knows... I like Reliance Steel (RS)... People are underestimating that... And I like the steel business in general. I think you should continue to own steel stocks and buy them on any weakness, as I feel about fertilizer... as I feel about natural gas... Those are the trends you want to be in. I want to stick with them.

X

182.17

185.93

United States Steel Corp. (X)

See GSI comments above for:
X

RS

73.74

73.50

Reliance Steel & Aluminum Co. (RS)

See GSI comments above for:
RS
       

[ 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.