Monday, 03/17/08
Posted 03/17/08,  10:36 pm ET

(Scroll down to see Jim's comments below)

 
 
Today's date:  Monday, 03/17/08

  Dow Jones: 11,972    + 21
  NASDAQ:   2,177     - 35
  S&P 500:   1,276     - 11
 
 
 
 
 
First Segment
 
 
Opening Segment 1 Title: 'Bank Amateurs'

.  .  .  .  .

Featured Stock(s): General discussion about the financial stocks, given today's drastic decline in Bear Stearns (BSC), after it was sold to JPMorgan Chase & Co (JPM), at the fire sale price of just $2 per share.

Sell the bank stocks.


See Opening Segment 2, below...
 
After this segment, you can see Jim's Lightning Round picks here...

 

NOTE:   Jim had a general discussion about the financial stocks - and that he does not think that they, as a group, can be trusted now...  Consider them sells!

.  .  .  .  .

The Bottom Line!:      The financials cannot be trusted.  Other than JPMorgan Chase & Co (JPM), I don't expect any takeovers in this group.  They're all going to be takeunders...  If you haven't sold the bank stocks already... well, maybe you get a little lift tomorrow, and then what are you waiting for?...

 


[See Jim's 2nd Opening Segment stock picks below... ]

 

 

 



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



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Stock Snapshots - Includes all stocks mentioned above

 

 

 

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)

na

na

na

General discussion about the financial stocks, given today's drastic decline in Bear Stearns (BSC), after it was sold to JPMorgan Chase & Co (JPM), at the fire sale price of just $2 per share.


       


 


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Top 25 holdings - The No. 3 Top-Performing Mutual Fund in 2007


 
 
Second Segment
 
 
Opening Segment 2 Title: 'Cash As Cash Can'

.  .  .  .  .

Featured Stock(s): Procter & Gamble Co. (PG)
Colgate-Palmolive Co.
(CL)
Pepsi
(PEP)
Cisco (
CSCO)
Intel (INTC)
Apple (AAPL)
Caterpillar Inc. (CAT)
3M Co. (MMM)
Honeywell (HON)
Exxon Mobil (XOM)
Merck (MRK)
Coca-Cola (KO)

 
After this segment, you can see Jim's Lightning Round picks here...

 

NOTE:   Jim again stressed the importance of recognizing that the bank stocks and financials are not the place to speculate and that the new "bank stocks" are the ones in the "real economy" where solid revenues and profits are being shown, in the recession-resistant durable goods stocks, such as those shown below...
 

.  .  .  .  .


The Bottom Line!:
     After this selloff, you want to pick among the rubble for the real banks... the companies that have a lot of money and are either recession resistant, or are in industries that are growing strong, despite the recession, and because of the weak dollar.  Don't look to the banks and the financials and, please, let's hope that the Federal Reserve realizes that it's okay to bail, and they start bailing, while you and I go to the first national bank of Pepsi (PEP)... (among others - listed above)...  In Merck (MRK) I trust...

.  .  .  .  .

 

   
 

Stock Snapshots - Includes all stocks mentioned above

 

 

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)


PG

67.05

67.80

Procter & Gamble Co. (PG)


CL

76.66

77.06

Colgate-Palmolive Co. (CL)


PEP

69.15

70.32

Pepsi (PEP)


CSCO

24.29

24.64

Cisco (CSCO)


INTC

20.85

21.30

Intel (INTC)


AAPL

126.73

129.32

Apple (AAPL)


CAT

74.46

75.72

Caterpillar Inc. (CAT)


MMM

78.51

79.84

3M Co. (MMM)


HON

52.22

56.36

Honeywell (HON)


XOM

85.79

86.61

Exxon Mobil (XOM)


MRK

41.85

42.34

Merck (MRK)


KO

57.69

58.20

Coca-Cola (KO)

 

 

Go to the LIGHTNING ROUND from tonight's show here >>

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:

jim-cramer-charitable-trust-stocks.com

 
See the stocks currently known to be in Warren Buffett's portfolio
of stocks at:

warren-buffett-portfolio.com

 
  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...

StockHomework101.com

This site is coming soon.   Thank you.

 
  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.

Fast Money Recap - Trades for next day...

Compare these picks to Jim's comments for the same stocks.

 

 

   
   
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