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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)
FWLT* - You know, I
bought some FWLT* for
my charitable trust. I have
felt that, at $45, down really
40 points, is a little
ridiculous. I look at the
backlog of the company.
The company now is not as big as
its backlog, which is highly
unusual. FWLT* is directly
perceived as being a play on
higher oil prices. Is that
right? We have now talked
to the now-retiring CEO... He
has made it very clear that oil
has to fall another $30 bucks
before we should be concerned.
I don't think that will happen.
I think that the uncertainty
over coal... coal is down big...
they have cleaner coal plants...
is also hurting the stock.
Here's what I suggest... I
never want to suggest taking off
your screen... I never
want to suggest you shouldn't
watch your stock, because that's
what happened in 2000... I
am telling you that I believe,
over the next 18 months, FWLT*
will be higher... and that's why
I bought it today, because
that's my time frame. This
stock has been crushed, and I
think it's been crushed
unnecessarily.
CHRW - I have been
saying that, if you want to play
transport, you buy UPS. I
think UPS is the play also on
oil coming down. At one
point today, UPS was all the way
up to $66.99. That's where
you should be. I'd rather
see you in that than I would in
CHRW. Sell, sell, sell!...
I think
UPS (UPS)
has its act together... they've
got the union together...
they've got the costs coming
down... they've got the fuel
charge in. That's the
play. By the way,
FedEx (FDX)
has union problems that I think
are going to snowball, making it
so that UPS is the cheaper
alternative.
JOE - I am glad you
mentioned long term, because the
short term I do not have a good
feel for... JOE, for those
who do not know it, is the
largest individual private
landowner in Florida. I
have gone down twice to visit
the properties. It is a
fabulous place, however, they
were a homebuilder, and the home
building industry in Florida has
fallen apart. I believe
that that land will come back.
Our caller in New Jersey
mentioned an airport.
There is not a big place to land
planes from the Northeast, or
from anywhere for that matter,
within the purview of their
properties but, in Panama City,
they are opening one and, when
that happens, I think they'll
draw traffic. Still, I
think it'll be 3-5 years - yes,
that long - before you actually
pull the trigger on JOE,
because that will be one of the
last markets that recovers.
C - If the stock goes
up to $20, here's my advice...
Here's what you need to do
guys... pull a John Thain...
which means frankly, I don't
need a lot of capital... let the
stock come up, and then slam on
300 million shares, and
simultaneously take the charge.
What will happen is we will all
want to buy on that trade at
$16-17, and then the stock will
go to $23, and a lot of your
problems will be solved.
But just being a debating
society... Citi has the feel of
a debating society... They need
to take bold action. They
take bold action, and I will
actually go bullish... I will
actually go bullish on Citi, as
you have to be with
Merrill Lynch
(MER),
now that Thain (CEO of MER)
raised money... A big
change for me... I will get
bullish, if they take action.
Remember, it was a contingent...
I don't want anybody to say I'm
bullish on C until they take
that action.
SNDK - SNDK was one of
these companies... we used to
like it much higher, then we
pulled the
trigger to sell, sell, sell...
and we've not gone back.
Why? Because it is a
commodity memory play. And
a lot of people are shooting at
it, and they don't have what is
known as good margins.
They're selling product and
making less per... I don't
think it's a big, good consumer
gadget market. SNDK is
hurt by that. So they're
hurt by selling pressure -
what's known as "average selling
price" - coming down, and
they're hurt by their end
market, which is that people
aren't buying gadgets. In
other words, you need to stay
away from SNDK, even though I
think the guy who runs it is a
good man.
FCX* - All right,
listen up... here's the thing
about FCX*... It was not
able to take out its $77 low
that was generated during a
panic moment on the beginning of
last month. I own the
stock. I have a small
position on it for
my charitable trust. Why do
I own it? I simply do not
believe that China will not come
back, and it is the single-best
China play... because they own
the single-best copper mine, and
it's over near China.
Here's why I suggest FCX*... If
you own let's say a hundred
shares... let's see if they take
out that $77 low. If they
do, there was a gigantic stock
offering done at the $68-69
level... That's your next place
where you want to buy stuff.
So, if they take out the $77
level, you buy 50... If
they take out $69, you buy 50.
I do not believe that copper is
going away. I do believe
that copper has a place in the
world economy. I don't
understand how China can stay
out of this market forever.
But, in the interim, my forecast
for FCX* over the next two
weeks, is exactly what Clubber
Lang forecasted for, yes,
Rocky.... Pain!....
Price target to buy first 50% of
position: $77.00 or
below...
Price target to buy last 50% of
position:
$69.00 or below...
[
end of lightning round ]
After this segment,
you can see Jim's
Closing Segment picks
here...
Go to the CLOSING SEGMENT from
tonight's showhere >>
See current quotes on Yahoo!
Finance from
tonight's show stocks
here >>
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:
Stock Homework 101:
This is an excellent
upcoming site that provides
resources and links to help
you do that homework that
Jim Cramer recommends after
hearing his suggestions...
FastMoneyRecap:
This site will be a quick
summary of recommendations
made by the great Fast Money
TV show crew, that will
offer you a unique service,
to compare their picks to
Jim Cramer's past comments
about those stocks.
