After this
segment, you can
see Jim's Opening
Segment picks
here...
On Polo Ralph Lauren Corp. (RL)...
JJC:
I liked it because of the
J. C. Penney (JCP)
tie-in, and it seems like it's a
bit of a short squeeze, but there
are a lot of people very negative
on it. I think it can still
go higher from here. Yes, I
would buy it. That's not my
style, typically, but I've got to
tell you, there's big money going
into that, if you get a second
day...
. . .
. .
On Eaton Corp. (ETN)...
JJC:
ETN reaffirms... This is
Sandy Cutler. He's a
fabulous CEO. This is part
of my "new tech" world...
. . .
. .
On Emerson Electric (EMR)...
JJC:
Where
Eaton (ETN)
goes, EMR goes... I predict
EMR will do the same thing.
ETN is going to a 52-week high...
not done... not done. EMR
just needs to go to $59 to go to
its new high. These
companies are on fire...
They have "new tech"... They
cut the amount of energy that's
used. You know that they're
perfect for this environment...
. . .
. .
On Nucor (NUE)...
JJC:
A great article today in the
Washington Post about how tight
the steel market is. You
very rarely get these companies
that price a big secondary (stock
offering) in the hole, and then
they don't stay... Entry
point for NUE is perfect right
here...
. . .
. .
On Cleveland-Cliffs Inc. (CLF)...
JJC:
You've got to watch that
chart... this was a split... This
was absolutely a stock that I
liked very much at $100, the last
time it was at $100... It's
still only a $10 billion company.
It's the only independent iron
play out there. It keeps
coming back, because we don't have
enough iron. It is the
natural one to be acquired.
Let it cool off before you buy it
here. We liked it at
pre-split $35 on your show... and
I still like it...
. . .
. .
On American International Group
(AIG)...
JJC:
These are serial needers of
capital. AIG... fire Marty
Sullivan (their CEO)... you might
pick up 2 points. How could
they have raised the dividend
here?... If they knew what
they owned, I would feel more
comfortable. They're like
Citigroup (C).
I don't think they know what they
own. Now, at the beginning
of December, they told you exactly
what they owned. That level
of certaintude is still plaguing
them. They don't know.
Wachovia (WB)
doesn't know, and AIG doesn't
know... And, when they say
they do, I think they're being
wishful...
. . .
. .
On Wachovia Corp. (WB)...
JJC:
They paid, basically...
they paid $25 billion for a
bank... Golden West... that may be
worth minus $50 billion. I
mean, this was one of the dumbest
acquisitions ever, and they're
just paying for it.
. . .
. .
On VF Corp. (VFC)...
JJC:
VFC is the analog of
Ralph Lauren (RL).
They don't have the
J. C. Penney (JCP)
tie-in. I was a little too
negative on this once before.
At this level, I want to kind of
change my view and say, look, if
RL is good, you don't leave this
stock. We've liked it since
the $60s.
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think it is indicated by his
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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
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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.
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 >>
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upcoming site that provides
resources and links to help
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Jim Cramer recommends after
hearing his suggestions...
FastMoneyRecap:
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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.