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Friday, 04/11/08
Posted 04/13/08, 08:41
pm ET |
(Scroll down to see Jim's
comments below) |
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Today's date:
Friday, 04/11/08 |
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Dow Jones: |
12,325 |
- 256 |
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NASDAQ: |
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2,290 |
- 61 |
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S&P 500: |
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1,332 |
- 27 |
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Opening Segment 1
Title: |
'From Russia With
Love'
'Quality Programming'
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. . . .
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Featured Stock(s): |
Central European Media
Enterprises (CETV)
See CETV's official
website
here.
See the Yahoo!
Finance profile for
CETV
here.
See Opening Segment 2,
below...
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After this segment, you
can see Jim's Lightning
Round picks
here... |
JJC:
What happened today... the
257-point decline... It's
exactly why I made this
"Warsaw Pact Week"...
It's a day when some of
you might feel like giving
up... just quitting,
because it's so hard...
I've given you four stocks
so far, that are plays on
the five-year-plan style
of growth...
See Monday's pick
here...
See Tuesday's pick
here...
See Wednesday's pick
here...
See Thursday's pick
here...
Coming out of the
countries coming out of
the former Eastern Bloc...
Russia is not America...
Our woes really have very
little, if anything, to do
with them at all. They
have not bought our
mortgages...
It's all part of a broader
trend on this show to talk
about international
stocks, so that you have
less exposure to the U.S.,
avoiding the pain caused
by our recessionary
economy, and our Federal
Reserve whom we said last
year maybe should be a
little more worried.
This has been, and will
continue to be, a constant
theme on this show,
because I believe you need
as much as 20% of your
portfolio... to be in
overseas stocks... because
our country, at times, has
become the pitiful,
helpless giant that
Cramer's fave cold
warrior, (former
President) Dick Nixon,
hinted at some 35 years
ago...
Today, I've got a company
that blankets Eastern
Europe... at least as well
as the Red Army in 1945...
CETV, a TV network in the
Czech Republic, where it
has 43% market share...
Slovakia, it has 40%
share... Romania... with
25% share... Ukraine, with
18% share... and then two
countries that used to be
communist... but owe no
allegiance to Joe
Stalin... Slovenia, where
CETV has a 42% audience
share, and Croatia, where
it has 20%.
It really dominates in a
lot of these countries...
We've actually recommended
this stock way before
now... November 29th of
2005... See complete
comments
here >>...
It's up 61%... That gives
us Russian Boulevard
cred...
The countries where CETV
operates are all growing
well right now, which
means that advertisers are
thrilled to buy ad
space... The Czech
Republic growing at
4.6%... The Ukraine at
5.4%... Slovenia, a little
lagging, at 3.4%...
Romania, 6%... Slovakia
going crazy at 7.3%....
Croatia at GDP, 4.7%...
What are we growing? Zero,
right!...
These are economies,
unlike this one, are where
you want to be running a
television company, plus,
these markets are very
under-penetrated, leaving
CETV with what looks like,
to me, a lot of room to
run. You have to
understand that these are
countries chock full of
ideal consumers... people
that are getting richer...
and are just beginning to
buy Jimmy Chou shoes...
They're not hiding under
their beds, eating
saltines to save Rubles,
like we are in the U.S....
This company is also
buying out their minority
investors in the Ukraine,
where it owns 60% of its
networks. The CEO has said
that
EBITDA... from Ukraine
would almost double, if
the network were wholly
owned... Wow!... I mean,
that's the potential
breadbasket of profits...
This is the exact same
thing they did in
Slovakia, where revenue
grew 48% last quarter...
This is the antidote to
all the TV and radio and
media companies that go
down everyday... This is
where you've got to own
media...
Plus, there's CETV's
internet division. It
isn't making money yet,
but it's got websites in
Croatia and Romania, and
they're leaders in those
countries... Paid users
for the whole division are
200% year over year...
This could be very big if
CETV gets better at
monetizing it.
Hey, opportunity... The
stock's off (i.e., down in
price) big... They did a
convertible bond deal. I
wouldn't worry about it
one bit, because it
converts well above where
the stock is now.
Valuation... way too low.
16.8x expected earnings...
31% growth rate!... I call
a cheap when it has good
fundamentals and the
multiple is below the
growth rate. I mean, this
is so far below the growth
rate, I can't really
believe it...
31% growth is just
outstanding in a
low-growth world. I'm
jumping up and down on
this one... like a
newly-released prisoner
from the Gulag... where
reception is just awful...
. . . .
.
The Bottom Line!:
Get into Central
European Media Enterprises
(CETV)
while it's cheap, because
I believe this is one of
the best ways to play the
embrace of capitalism in
the former Eastern Bloc,
as well as parts of the
former Yugoslavia...
[See Jim's 2nd Opening
Segment stock picks
below... ]
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See all of tonight's stocks'
latest quotes on
Yahoo! Finance |
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Most popular
investing books ordered:
(click any book to see at
Amazon.com) |
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If you find our service valuable, your
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■ |
Stock Snapshots - Includes
all stocks mentioned above |
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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) |
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CETV |
86.34 |
na |
Central European Media Enterprises
(CETV)
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Mutual-Fund-Holdings.com
NEW RESOURCE!
See Ken Heebner's CGM
Focus Fund
Top 25 holdings - The No.
3 Top-Performing Mutual
Fund in 2007
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Final Segment 1
Title: |
'Pipeline To
Profits' |
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. . . .
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Featured Stock(s): |
Canadian Natural Resources
Ltd. (CNQ)
See CNQ's official
website
here.
See the Yahoo!
Finance profile for
CNQ
here.
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After this segment, you
can see Jim's Lightning
Round picks
here... |
JJC:
We've been playing
catch-up all week, as in
stocks that need to catch
up to the rest of their
sector... This week, for
the same reason I've been
doing all these Soviet
stocks, they protect you
from down-257-point
days...
We had one (today)... I'm
trying to give you
protection and give you
offense...
Ketchup stocks, which have
gone up a lot less than
their peers, and seem to
be a lot less
over-extended, shouldn't
get hit as hard, or stay
down as long, during a big
decline like today's...
That's why I gave you...
See Monday's Ketchup Stock
here...
See Tuesday's Ketchup
Stock
here...
See Wednesday's Ketchup
Stock
here...
See Thursday's Ketchup
Stock
here...
Today, my Ketchup Stock is
Canadian Natural Resources
Ltd. (CNQ)...
That's the second-largest
oil and gas producer in
Canada, with a lot oil
sands exposure... CNQ is
cheaper than the rest of
its cohort, because of a
new project that's gone
bad... the Horizon
Project... It's been hit
with delays and cost
overruns... It's a real
bummer... But it's a huge
project that could produce
as many as 110,000 of
barrels per day - that's a
lot - when it comes online
in the third quarter...
In 2007, CNQ's total
production was 609,000
barrels per day... The
project's going to be huge
for them. The folks at
Lehman Brothers values it
as much as $29.00 to
$36.00 per share... I
mean, that's huge,
right?...
This project coming online
should be reason enough
for CNQ to play catch up,
but it's got other things
going for it too. CNQ has
the second-largest land
position in Western
Canada, and especially
large positions in
Montenay (?) and Musqua
(?) shales... which they
haven't even started
developing yet... These
are gigantic pieces of
land.
But high natural gas
prices might change that,
as EOG Resources, Inc.
(EOG)
recently indicated that
these regions contain...
are you ready?... 6
trillion cubic feet of
recoverable gas
reserves... And TriStone
Capital has estimated that
CNQ's position in shale
has around 3.6 trillion
cubic feet of unrisked
reserve potential...
Now, remember, this is the
year of Cramer's year of
natural gas... and, with
so many American natural
gas companies now
drilling, it's possible
CNQ won't be far behind...
I think that CNQ, if it
gets it right - and it
very well could get it
right - could be the next
Anadarko Petroleum
(APC)
or
Apache Corp. (APA),
although that's a tall
order, as APA is drilling
like mad in Canada, and
looks like it could make
tons of Loonies while,
right now, CNQ is simply
driving investors
loonie...
I think CNQ is about to
get out of the Loony Bin,
and into the Loonie
bank...
Also, because CNQ has a
lot of heavy oil
production, it's
benefiting from the
narrowing price between
heavy and light oil;
there's a differential
always... As oil goes
higher, it takes those
with marginal holdings -
like CNQ - and takes them
up more than the ones that
have a lot of what I
consider to be my favorite
drink... Light Sweet
Crude...
CNQ is trading at 13.1x
earnings. The average
multiple for the group is
13.9x... so it's obviously
trading at a big discount
to its peers...
I think CNQ deserves a
premium, especially once
that Horizon Project
starts producing in that
3rd quarter... That's why
the stock will play catch
up...
. . . .
.
The Bottom Line!:
Canadian Natural Resources
Ltd. (CNQ)
has been a laggard,
because it's big Horizon
Project has held it back.
Now that the company says
it's on schedule to come
online in the 3rd quarter,
I think CNQ deserves catch
up, and deserves to become
a leader...
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■ |
Stock Snapshots - Includes
all stocks mentioned above |
■ |
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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) |
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CNQ |
76.65 |
na |
Canadian Natural Resources
Ltd. (CNQ)
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Go to the LIGHTNING ROUND from
tonight's show
here >>
See current quotes on Yahoo!
Finance from
tonight's show stocks
here >> |
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Symbol keys: |
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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 >> |
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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. |
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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. |
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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. |
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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. |
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Definitions of key phrases
used by Jim, known as
"Cramerisms": |
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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... |
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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. |
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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). |
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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. |
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See more
"Cramerisms" & other
financial phrases
here >> |
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Helpful Websites: |
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See the stocks currently
known to be in Jim Cramer's
Charitable Trust at:
jim-cramer-charitable-trust-stocks.com |
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See the stocks currently
known to be in Warren
Buffett's portfolio
of
stocks at:
warren-buffett-portfolio.com |
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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. |
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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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© 2005-2007 MadMoneyRecap.com ■
Important disclaimer: This site is
not affiliated with Mr. James
Cramer, and is not associated with
any television networks or
broadcasts. Please note that all
thumbs up or thumbs down
indicators are not always clearly
indicated on the show and are
interpreted by us as accurately as
possible. Some comments have been
edited for brevity and clarity,
and extraneous material omitted. Please rely on watching
the show yourself, doing
your own homework,
and reading the text of the
comments to draw your own
conclusions. Also, data presented
on this site should not be used to
make investment decisions and
accuracy, although attempted,
cannot be guaranteed. Please
consult with your own financial
advisor for professional advice. |
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