Cramer told a viewer he couldn’t recommended Activision Blizzard (ATVI) because he doesn’t like the gaming business anymore. However, he said investors should keep an eye on the name because the viewer brought up some interesting points. Cramer told the next viewer that he’s a fan of Cisco Systems (CSCO) CEO John Chambers and the company, but he wishes they would cancel their buyback program and pay out a dividend. Cramer holds CSCO in his charitable trust. Cramer told the final viewer that he won’t recommended Tata Motors (TTM) or any auto company for that matter due to the risks in the sector. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!
Archive for March 2009
Jim Cramer’s Lighting Round Overtime
Bullish
Qualcomm (QCOM) and Dominion Resources (D).
Bearish
MBIA (MBI), Ericsson (ERIC) and Scana (SCG). Join the fastest growing community of small cap investors at Stockhideout.com
Jim Cramer’s Lighting Round
Bullish
Shaw Group (SGR), Dominion Resources (D), Duke Energy (DUK), Exelon (EXC) and Edison International (EIX).
Bearish
Dover Corp (DOV), Kellogg (K), HJ Heinz (HNZ), Goodyear Tire & Rubber (GT), MGM Mirage (MGM), Las Vegas Sands (LVS), Chicago Bridge & Iron (CBI), MDU Resources Group (MDU), Dow Chemical (DOW), Intel (INTC) and Bank of New York Mellon (BK). Join the fastest growing community of small cap investors at Stockhideout.com
Fast Money Recap
AG Takeover Take
Ratigan asked the traders to talk about the deal making activity in the agriculture sector. Najarian said the three-way takeover battle with CF Industries (CF), Terra Industries (TRA) and Agrium (AGU) shows the willingness of ag companies to buy undervalued assets in the space. Finerman said AGU will have to raise their bid to get CF. Seymour mentioned that Mosaic (MOS0 and Potash (POT) have the best pricing power in the sector.
POPS&DROPS
POPS- Geron (GERN) jumped 16% off of Obama’s announcement to lift the ban on stem-cell research funding. Najarian reminded viewers that you’re playing something that could happen well into the future. Rohm & Hass (ROH) added 17% on the news that Dow Chemical (DOW) would go through with its purchase of the company. Finerman said that explains the stocks rise. General Electric (GE) rose 5%. Karabell said the stock is making a comeback. Wells Fargo (WFC) ripped 16% higher after the bank said it’s cutting their dividend by 85%. Finerman said its profitable to be a bank right now. Halliburton (HAL) jumped 4% after FBR raised its rating on the stock to outperform. Seymour told viewers that if oil moves up HAL will follow. Caterpillar (CAT) popped 3%. Karabell speculated that business could be getting better at CAT. JetBlue (JBLU) rose 3% after Morgan Stanley upgraded the stock to overweight. Najarian said he liked the call. Pro-shares 20+ YR Treasury ETF (TBT) climbed 1%. Finerman thinks the supply of Treasures is going to increase and she said she plans to stay long TBT.
DROPS- HSBC (HBC) fell 5%. Seymour explained the company is doing bad due to US housing loan issues. Procter & Gamble (PG) lost 3% after their president of global business retired. Najarian reminded viewers the stock is near a 52-week low.
Rising Star
In the “Rising Star” segment, Karabell mentioned Thomson Creek Metals (TC), one of the largest publicly traded pure molybdenum producers in the world, which is used to make high-end steel for airplanes and buildings. Karabell said despite the fact that prices of molybdenum have dropped, there will still be future demand because it’s an irreplaceable input for high-end steel. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!
Nothing Matters In This Market
Jim Cramer told viewers of his “Mad Money” TV show to throw away everything they know about investing, it’s just not working in this market. Cramer explained that in a typical recession, consumer stocks like Procter & Gamble (PG) and Clorox (CL) work, while the rails or mineral stocks go down. However, today the market sold off everything across the board from Norfolk Southern (NSC), to FedEx (FDX), to IBM (IBM) and even Hewlett-Packard (HPQ). Cramer said he hasn’t seen anything like this in his 30-year career on Wall Street. He said nothing seems to matter and the market is in uncharted waters. Utilities use to work in recession, but not this one. Insider buying combined with light insiders selling use to signal bottoms, but Cramer explained that every insider that has bought recently has been wrong. He cited examples of failed insider buying at firms like Coca-Cola (KO), Freeport McMoRan (FCX) , General Electric (GE), Bank of America (BAC), Wachovia (WB) and JPMorgan Chase (JPM). Other once-reliable bullish indicators like moves by Warren Buffett, massive bearish sentiment, large amounts of money on the sidelines and oversold/overbought oscillators haven’t worked. Cramer thinks the market is oversold, but with his worst-case scenario, the Dow could still fall to 5,320, which would represent a move of 15% lower from current prices. At that level, he said the market could finally reach a bottom. He told investors that the possibility of further market declines makes him hesitant to suggest buying Wal-Mart (WMT), Verizon (VZ) and McDonald’s (MCD), which he said are starting to get too cheap to ignore. He advised viewers to stay diversified, preserve capital and hold tight until we get a real rally. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!
Jim Cramer’s Lighting Round – Overtime
Bullish
Computer Programs & Systems (CPSI), Transocean (RIG) and Schlumberger (SLB).
Bearish
Au Optronics (AUO), Corning (GLW), Patterson Uti (PTEN). Join the fastest growing community of small cap investors at Stockhideout.com
Duke CEO Interview
Jim Cramer talked with Duke Energy (DUK) CEO Jim Rogers, to discover how Obama’s cap-and-trade carbon initiatives will impact the company. Cramer is worried that Obama’s cap-and-trade plan will hurt coal-burning utilities like Duke because the plan will limit carbon emissions and amount to a carbon tax. Rogers said Obama’s plans will not put Duke out of business. He mentioned the company has a strong balance sheet and is trying to help shape legislation to have a small impact on consumers. Rogers told viewers that Duke is actively moving towards a greener future with investing in wind and solar plants, as well as new nuclear plants. He said the firm’s two new coal-fired plants use the latest clean coal technologies and also replace older less efficient plants, which help to lower the company’s carbon footprint. Cramer said he still prefers Dominion Resources (D) over Duke, but he would leave it up to his viewers to decide if Duke is moving fast enough into better energy technologies. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!
Jim Cramer’s Lightning Round
Bullish
Consolidated Edison (ED), Verizon (VZ) and Johnson & Johnson (JNJ).
Bearish
Deere & Co (DE), Atlas Energy Resources (ATN) and Activision (ATVI). Join the fastest growing community of small cap investors at Stockhideout.com

