Monday, 06/23/08
Posted 06/23/08,  09:11 pm ET

(Scroll down to see Jim's comments below)

 
 
Today's date:  Monday, 06/23/08

  Dow Jones: 11,842    - 0
  NASDAQ:   2,385   - 20
  S&P 500:   1,318   + 0
 
 
 
 
     

Stock Snapshots - Includes all stocks from callers' questions

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

 

 



See all of tonight's stocks' latest quotes on Yahoo! Finance



Most popular
investing books ordered:
(click any book to see at Amazon.com)

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 


 

 

 

 

 


We need your help!
If you find our service valuable, your donation is critically helpful to support
our operating costs and is MUCH appreciated!
(click below to donate)

We are serving thousands of new visitors every day and our costs are growing as well.  Thank you for your support & generosity!


 

 

 

 

 

 

 

 

 

 
 

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)

OESX

10.39

10.45

Orion Energy Systems, Inc (OESX)

OESX -  It's got this lighting business that's not that good frankly.  And this has got energy management...  If you want energy management, you know I'm going to send you to the Eaton (ETN)s... to the Emerson (EMR)s...  to the Honeywell (HON)s...  Those are all better than your pick...

ETN

92.94

92.70

Eaton Corp. (ETN)

See OESX comments above for:
ETN

EMR

53.63

52.24

Emerson Electric (EMR)

See OESX comments above for:
EMR

HON

54.99

54.90

Honeywell (HON)

See OESX comments above for:
HON

PCP

109.93

109.00

Precision Castparts (PCP)

PCP -  PCP is just a buy here.  Everyone keeps reacting and saying you can't touch anything that has to do with aerospace, because the American airline business is bad.  May I caution people that there's a bigger picture.  I want you to go to the FedEx (FDX) conference call and listen to what they have to say about bringing on new aircraft and saving fuel.  People are missing the fuel-save story, and PCP is part of it!

PRGN

17.70

17.55

Paragon Shipping Inc. (PRGN)

PRGN -  When we're talking shipping, you know we're talking about another...  The one to own here is Frontline (FRO).  It's got the best dividend... 15% yield, 52-week high... That has been the one that I'm am doing.  The other ones are not easy.

FRO

71.76

72.36

Frontline Ltd. (FRO)

See PRGN comments above for:
FRO

BWLD

26.53

26.39

Buffalo Wild Wings Inc. (BWLD)

BWLD -  I'm afraid one day, we're going to wake up and find them not locked in and, therefore, be at the mercy of the ethanol lobby... 30% of our corn goes to 3% of our gasoline.  Nobody likes it, except for the politicians.

PFE

17.38

17.39

Pfizer (PFE)

PFE -  Here's the problem with PFE...  They're levered to the financial services business, which is why this stock keeps going lower.  Anything that is levered to the financial services business is no good... sorry.

NAT

38.64

38.26

Nordic American Tanker (NAT)

NAT -  Here's the problem... NAT is real good... we love Herb... We think that's stock is good, but it's still not as good as Frontline (FRO).  Let's keep it real simple.  FRO is best in show... FRO is best in show... 

FRO

71.76

72.36

Frontline Ltd. (FRO)

See NAT comments above for:
FRO

SQM

53.53

54.48

Sociedad Quimica Y Minera de Chile (SQM)

SQM -  Now here's a stock that I recommended that then flew up $5... Well, that was stupid.  It's a Chilean company and Americans took it up.  So then it goes down to $51.  It makes me feel like I got slapped in the face and whipped...  But now, it's coming back... and SQM, which is lithium and fertilizer... No connection to my friend Bunge (BG) that bought
Corn Products International Inc. (CPO) today...  SQM must be bought, for those that have missed the ag move so far...

FLIR

39.44

39.36

FLIR Systems Inc. (FLIR)

FLIR -  Man, I've been a big supporter of FLIR for about 20 points... This is a company that is just doing great.  It's the only defense company that, because it does home(land) security... that people feel will win, whether it's Obama or whether it is McCain.  I say pull the trigger if you're not in it.  I like the stock. (buzzer sounds)

TITN

33.35

33.91

Titan Machinery, Inc. (TITN)

TITN -  TITN is terrific!  Come on man... have some faith!  Have some faith!  The stock has just flatlined for now, but I think the stock is just a fantastic, ready-to-roll play.  No...  no sellers of TITN.

NCOC

10.55

10.53

National Coal Corp. (NCOC)

NCOC -  First of all, we know that every single coal company that we follow is a buy.  Now I know that sounds almost facetious, but the Chinese have been absolutely nut-jobby about buying everybody's coal now, so we want to be in there.  Now, the one that you have is one of the few that is not making money, so may I say that that's a speculative play on coal, and I still want to go back to the Peabody Energy (BTU) well!  I am a buyer of BTU, even up here.  I think that BTU - yeah, British Thermal Unit, isn't that a cute name - is the way to go, even up $4.  Coal can't be clean... It can be cleaner, and BTU is going to $100!

BTU

84.76

85.37

Peabody Energy Corp. (BTU)

See NCOC comments above for:
BTU

Price target for BTU:  $100.00

       

[ 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