Thursday, 06/26/08
Posted 06/26/08,  09:41 pm ET

(Scroll down to see Jim's comments below)

 
 
Today's date:  Thursday, 06/26/08

  Dow Jones: 11,453  - 358
  NASDAQ:   2,321   - 79
  S&P 500:   1,283   - 38
 
 
 
 
     

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)

TUP

34.09

34.01

Tupperware Brands Corporation (TUP)

TUP -  I am shocked that TUP is down as much as it is.  This company has consistently beat estimates.  It is a great international company.  I guess people are so worried about the raw cost of the product.   Let's bring the CEO back on... Goings... He's terrific.  I want to buy TUP.  I think it's right.  Rick Goings... we should give him a call.  He's a stand-up guy.

SBUX

16.28

16.30

Starbucks Corp. (SBUX)

SBUX -  All right, what I've been saying on SBUX is that the turn is going to take 18 months... Now, it's 17 months, because we've had a full month... and, until that happens, you cannot touch this stock... Unless you've got an 18-month perspective, SBUX is a don't buy, don't buy, dont' buy...  We liked it in the $30s.  We went neutral on it when it went to $17 and decided that, when (CEO) Schultz came back, he will turn it around...  But there's no quick fix to SBUX.

WRES

14.18

14.33

Warren Resources Inc. (WRES)

WRES -  Really good man... just a great... That's a wildcatter that we like.  You've got a winner and you've got horse sense.  Do not be dissuaded by all these people that come on all these different TV stations and say that the oil and gas play is over.  As long as China is growing, it's still on.  We (the U.S.) are not the important player in that group.  I like your stock.

PENN

33.99

33.83

Penn National Gaming (PENN)

PENN -  That's a very discouraging way to start (for the caller who is a new investor)...  Let's start buying things we know, we like, we feel good about...  PENN, I know, I don't like, I feel bad about...  Let's take that money - sell, sell, sell! - and invest it in some of the things that we talk about.  And one of them is not gambling.  We got out of International Game Technology (IGT).  That was the last of our gambling stocks.  We've been recommending sale of WYNN.  You know we've been recommending sale of Las Vegas Sands (LVS). And I'm reiterating all my gambling sales (recommendations to sell) right here.

IGT

27.31

26.14

International Game Technology (IGT)

See PENN comments above for:
IGT

WYNN

83.50

82.01

Wynn Resorts (WYNN)

See PENN comments above for:
WYNN

LVS

50.19

49.78

Las Vegas Sands (LVS)

See PENN comments above for:
LVS

KFT

28.83

28.83

Kraft Foods Inc. (KFT)

KFT -  They are actually doing fairly well, given the fact that every input cost is bad. But, you know what, doing "fairly well" don't cut it.  I've got my guy Johnson at Heinz (HNZ)... That stock's off a buck and a half.  I'm a buyer of that.  I've got my people at General Mills Inc. (GIS).  That stock just did better than expected.  Why are we messing with the guys who are just cutting it, when we've got guys who are actually winning?  Make the swap!

HNZ

48.67

48.91

Heinz (HNZ)

See KFT comments above for:
HNZ

GIS

60.86

61.15

General Mills Inc. (GIS)

See KFT comments above for:
GIS

DRYS

82.86

84.49

DryShips, Inc. (DRYS)

DRYS -  (caller said he is riding a roller coaster with DRYS)...

JJC:  I happen to be a roller coaster fan from way back, when I was on Cracken, when my daughter said let's go again, and I threw up on my shoes, and that ended that.  I think that DRYS is one of those where you're going to be throwing up on your shoes... (buzzer sounds)...   I recommended...   Frontline Ltd. (FRO), for heaven's sake!  You know, FRO is the way to go, and we're not going to vary from that, except that Nordic American Tanker (NAT).  I like NAT, but FRO is the play.

FRO

69.41

70.33

Frontline Ltd. (FRO)

See DRYS comments above for:
FRO

NAT

37.25

37.10

Nordic American Tanker (NAT)

See DRYS comments above for:
NAT

HCBK

17.39

17.28

Hudson City Bancorp (HCBK)

HCBK -  Ron Hermance (CEO) is my favorite banker in America.  We gave him the Bailey Building and Loan award.  The stock's at $17, and all I can tell you is, I am not recommending a single financial in the world.  I even said ring the register on HCBK.  Why?  I hate the group.  If you have to buy one, I say don't... but I do like Ron Hermance and I would stick with him as a banker.

       

[ 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