Please note:
Thursday and
Friday's Mad Money
shows were replay
episodes. The
last live show was
Wednesday, 8/27's
episode, as shown,
recapped below...
Have a great Labor
Day weekend!
Opening Segment 1
Title:
'Dressed For
Success?'
. . . .
.
Featured Stock(s):
J. Crew Group (JCG)
See JCG's official
investor relations' site
here.
See the Yahoo!
Finance profile for
JCG
here.
After this segment, you
can see Jim's Lightning
Round picks
here...
Jim: What do you
do?... What do you do if
you're one of those unlucky people who
picked up this month's Fortune Magazine,
and saw this smiling fella, Mickey
Drexler, the CEO of
J. Crew Group (JCG)
on the cover, and decided immediately to
buy, buy, buy?... right before it
proceeded to miss its quarter... by a
furlong?... by a meter?...
No, by a mile!... after the bell... and
severely cut guidance, causing investors
everywhere to puke up the stock... which
is now down 46% for the year...
Do you: A. Hang yourself? B. Burn all your J.Crew
clothes after making them an effigy of
Mickey Drexler? C. Cancel your subscription
to Fortune, after putting Mickey's face
up on the dartboard?
or D. BuyJ. Crew Group (JCG)?...
In my opinion, the correct answer is...
you'll be surprised to hear... D!
It's time to buy JCG... a stock that has
been, until now, a one-way ticket
down...
Right now, as of this morning, Mickey
Drexler is once again is regarded as
someone totally over-hyped, just like
shortly after the time he was on the
cover of Fortune a few years ago... and
ended up being bounced by the
Gap (GPS)
not long after...
I think we want to bet on Drexler, not
when he's hot, but when he's not hot...
I'll make a prediction for you, now that
the analysts are all cutting their price
targets and earnings expectations...
Breen Merry and Raymond James downgraded
JCG today from buy to hold, leaving only
four analysts with buys and 12 with
holds.
Right here, right now... James
Cramer's upgrading JCG... on this
program... right here... and he's using
a $35 price target for one year from
now...
. . . .
.
Note: We
STRUGGLED to do as much as
we could with Wednesday
night's recap, due to the
death in our family.
We are back from New
Orleans on Sunday, and we
fully intend to be better
than ever next week for
your convenience.
Thank you for you
continued support and
patience as we strive to
do better for you...
. . . .
.
The Bottom Line!:
You can burn Mickey Drexler in
effigy if you want... you can throw
darts at the guy's picture... just
don't dump
J. Crew Group (JCG).
Once they put the web upgrade in the
past, I think the stock will go 10
points higher.
■
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)
Most popular
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Second
Segment
Opening Segment 2
Title:
'In The Ring
- Head-to-Head
Comparison'
'Drug Wars'
. . . .
.
Featured Stock(s):
CVS Caremark Corp. (CVS)
See CVS's official
investor relations' site
here.
See the Yahoo!
Finance profile for
CVS
here.
and...
Walgreen Co. (WAG*)
See WAG*'s official
investor relations' site
here.
See the Yahoo!
Finance profile for
WAG*
here.
After this segment, you
can see Jim's Lightning
Round picks
here...
Jim: In the war
between the pharmacies... admittedly,
not as exciting as the war between the
states... how do you know which
one you want to back?...
CVS Caremark Corp. (CVS),
at $37.09 or
Walgreen Co. (WAG*),
at $35.28?...
To figure out which one is the better
buy, you've got to think like a money
manager...
. . . .
.
Note: We
STRUGGLED to do as much as
we could with Wednesday
night's recap, due to the
death in our family.
We are back from New
Orleans on Sunday, and we
fully intend to be better
than ever next week for
your convenience.
Thank you for you
continued support and
patience as we strive to
do better for you...
. . . .
.
The Bottom Line!:
This is not a market that seems to
favor complexity or questionable
execution... two things CVS definitely
has now... I think you stick with
solid simplicity right now, because the
market is so difficult... and own
Walgreen Co. (WAG*),
like I do for
my charitable 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)
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:
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.