Bullish
Electronic Arts Inc. (NASDAQ:ERTS), Incyte Corporation (NASDAQ:INCY), Cognizant Technology Solutions Corp. (NASDAQ:CTSH), Monro Muffler Brake Inc. (NASDAQ:MNRO), Gastar Exploration Limited (USA)(NYSE:GST), Corning Incorporated (NYSE:GLW), Cree Inc. (NASDAQ:CREE), Netflix Inc. (NASDAQ:NFLX) and First Niagara Financial Group Inc. (NASDAQ:FNFG).
Bearish
THQ Inc. (NASDAQ:THQI), Satyam Computers Services Limited (ADR)(NYSE:SAY), Tyson Foods Inc. (NYSE:TSN) and Radian Group Inc. (NYSE:RDN). Join the fastest growing community of small cap investors at Stockhideout.com
Jim Cramer’s Lightning Round: Buy Cree Inc. (NASDAQ:CREE), Sell Satyam Computers Services Limited (ADR)(NYSE:SAY)
Jim Cramer’s Earnings Stocks to Watch: JCG, MW, DKS, NKE, UA, EJ, KR, THS, PRGO, CRZO, BF.B, CLNE, DEO
“Anybody wondering about the state of the economy needn’t look any further than the company numbers generated last quarter,” Jim Cramer said on a recent “Mad Money” TV show. Cramer said the sentiments from individual companies will be far more telling than any macro-economic data. Earnings season is mostly over, but Cramer said there still are a number of companies set to report that he will be watching. “Buy J. Crew Group Inc. (NYSE:JCG) ahead of its Tuesday announcement,” Cramer said, “and buy some more if the stock sells off after. He called the company the finest retailer in the country, and he expects the firm to be a big beneficiary of a consumer who’s more willing to spend. He said he’d also consider The Men’s Warehouse Inc. (NYSE:MW), another firm with strong same-store sales growth. Cramer mentioned he’ll be listening to Dick’s Sporting Goods Inc. (NYSE:DKS) for insights as to whether Nike Inc. (NYSE:NKE) and Under Armour Inc. (NYSE:UA) might have report strong quarters. He said he likes Nike stock and Goldman Sachs Group just added NKE to its conviction-buy list. On Tuesday, Cramer said he wants to hear from E-House (China) Holdings Limited (NYSE:EJ) to get a snapshot of China’s real-estate market. Also on Tuesday, he mentioned grocery store chain The Kroger Co. (NYSE:KR) will report earnings and he wants to hear what the firm has to say about private-label food sales. This will directly impact the private label food companies like TreeHouse Foods Inc. (NYSE:THS) and Perrigo Company (NASDAQ:PRGO). On Wednesday, Cramer told viewers he’s going to avoid buying Carrizo Oil & Gas Inc. (NASDAQ:CRZO) if natural gas futures are trending lower, and he’s staying away from Brown-Forman Corporation (NYSE:BF.B) in favor of Diageo plc (ADR)(NYSE:DGO). Finally, he said Clean Energy Fuels Corp. (NASDAQ:CLNE) could be an opportunity if we hear positive comments about the NAT GAS Act of 2009. Join the fastest growing community of small cap investors at Stockhideout.com
Jim Cramer’s Spec Stock Play: Gentex Corporation (NASDAQ:GNTX)
“The National Highway Safety Administration could push through a major regulation change that would generate a significant amount of business for one specific auto-part maker, “Jim Cramer said on a recent “Mad Money” TV show. He explained that the feds could mandate that all light vehicles sold in the U.S. have a rear-camera display. Keep in mind that a decision isn’t expected until February 2011, but a yea vote would be very big for Gentex Corporation (NASDAQ:GNTX). “And you have to be in way before that to make easy money,” Cramer said. He called the company a technology-based auto-parts maker. The company makes a number of high-tech mirrors, like those with integrated compasses, General Motors’ OnStar system, HomeLink garage door openers, tire-pressure monitoring, voice recognition, LED turn signals and even rear view camera displays. Cramer said if the bill that will require rear-camera displays on all cars sold in the U.S. passes Congress, then Gentex will reap big rewards because some 60% of all new cars would likely opt to put real-view displays in their mirrors, a market where Gentex has 80% market share. “The company could make money hand-over-fist by simply incorporating these displays into its rearview mirrors,” Cramer said. However, one problem with the company is their exposure to Toyota Motor Corporation (NYSE:TM), which makes up 17% of sales. But Cramer thinks the 10,000 unit per week production decrease as a result of Toyota’s recall issues could be made up by a jump in sales to other customers like Ford Motor Company (NYSE:F). Gentex has a great balance sheet with $353 million in cash and no debt, and earnings are predicted to grow 79% in 2010 and another 21% in 2011. The current y dividend yield on the stock is 2.2%, and shares trade at around 24 times this years numbers, though it historically has traded at 25 to 30. Cramer said there’s plenty of room left for GNTX to run. Join the fastest growing community of small cap investors at Stockhideout.com
Jim Cramer’s Mad Mail: C, EVEP, RRC, CHK, ERTS
Cramer told viewers that Citigroup Inc. (NYSE:C) is the last great bargain on Wall Street. He mentioned that Vikram Pandit gave a great performance in front of Congress, and he’s staying with his $12 price target in 2012. He told another viewer the dividend at EV Energy Partners L.P. (NASDAQ:EVEP) should be safe, and if he owned the stock he wouldn’t sell it. However, he said with EVEP up 256% since its November 2008 lows, he would rather own exploration and production names with unconventional assets, such as Range Resources Corporation (NYSE:RRC) and Chesapeake Energy Corporation (NYSE:CHK). Cramer told a final viewer he’s sticking with his recommendation of Electronic Arts Inc. (NASDAQ:ERTS), even though the stock is $1 lower from where he originally liked it. Join the fastest growing community of small cap investors at Stockhideout.com
Jim Cramer says Buy Apple Inc. (NASDAQ:AAPL) Now
“The train is leaving the station and you can’t wait any longer,” Jim Cramer told the viewers on recent “Mad Money” TV show. He said the time to buy Apple Inc. (NASDAQ:AAPL), a stock he holds in his charitable trust is now. Cramer mentioned he was worried that consumers wouldn’t shell out the $500 necessary to buy an iPad, but the strong retail sales reports he’s seen over the past two weeks erased those concerns. He mentioned that retailers like Target Corporation (NYSE:TGT), Coach Inc. (NYSE:COH), Macy’s Inc. (NYSE:M), Saks Incorporated (NYSE:SKS) and True Religion Apparel Inc. (NASDAQ:TRLG) have all seen strong earnings,so there is no reason Apple should be the exception. The company plans to start advertising for the new device next week, and Apple’s retail employees will also get their first look at the product as well. Another huge factor for Apple is the enterprise customer. Cramer said he has heard that a number of application developers are looking for ways to make the iPad work for businesses, especially doctors and lawyers and even bankers and brokers. Considering that shares of Apple are well over $200 a share and hitting new 52-week highs, Cramer said it might seem like a risky call to recommended Apple so high. “It’s not,” he said. Apple currently has $43 a share in cash on their balance sheet. When you subtract that number out and figure in the $13,50 a share that analyst think Apple can earn, Cramer said Apple is trading at only 13 times its expected 2011 earnings, the same multiple as Dell Inc. (NASDAQ:DELL), IBM (NYSE:IBM) and Hewlett-Packard Company (NYSE:HPQ), three firms that don’t have the iPad, or the iPhone or the iPod. “Don’t let the high price tag deter you,” Cramer said, “the time to take the bite out of Apple is clearly now.” 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 Likes Weatherford International Inc. (NYSE:WFT)
Cramer told viewers it’s time to sell Transocean LTD (NYSE:RIG), and swap into Weatherford International Inc. (NYSE:WFT), a stock he holds in his charitable trust. Transocean recently reported a bad quarter, missing earnings by a whopping 35 cents a share due to higher costs. Cramer said he expects the problem to drag on RIG’s performance for the next few quarters. “Don’t take your queues from weaker players,” Cramer said, “stick with the winners.” He told viewers that Weatherford is the best play on the boom in oil services. “Weatherford is the world’s fourth-largest oil-service company, with the best international contracts and the best growth prospects in the business,” he said. Plus, the company has a strong presence in the Middle East, Latin America and Russia, and it ranks among the top four in its key businesses: number one in artificial lifts; number four in directional drilling, its fastest-growing and highest-margin segment; number three in completion systems business; and number one in casing and tubing. However, the company did recently miss its earnings estimates, but the CEO blamed project delays and severe weather rather than operational issues. Even with these issues, WFT still had revenues that came in better than expected. “The North American business is stabilizing thanks to the drilling boom in the US shales like the Marcellus, and the international assets will put WFT in a great position once drilling picks up overseas. “Management thinks the company can grow at three times the industry average, as their technology helps companies all over the world replace aging assets with new, higher yielding wells,” Cramer said. 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 Semi Pin Action Stocks: ALTR, MRVL, XLNX
“Investors looking to make some money on the pin action of both Altera Corporation (NASDAQ:ALTR) and Marvell Technology Group Ltd. (NASDAQ:MRVL) earnings results need to consider Xilinx Inc. (NASDAQ:XLNX),” Jim Cramer said. “I still think Xilinx is a buy even though it’s flirting with its 52-week high,” Cramer said, “as I believe it has a lot more room to run.” Xilinx is up 35% since Cramer’s March 17 recommendation, and the stock is up 23% since it was added to his mobile Internet index on August 11. Cramer explained that these chipmakers are seeing more and more business due to the mobile Internet. “All-in-one smartphones aren’t a luxury anymore, they’re a necessity,” Cramer said. ” And this sea change, one on par with the adoption of the PC, is bringing in a ton of business.” Management expects to growth at around a compound annual rate of 8% and 12% over the next five years and pays a 2.4% dividend on top of it. During the company’s most recent quarter, the “mobile Internet tsunami” helped them beat earnings estimates and growth revenues by 24% sequentially. Gross margins also expanded, which means Xilinx is getting more profitable. Even better, management said on the conference call that six of its 10 secondary end markets still haven’t reached the levels where they were at in 2008, which marks their previous revenue peak. The stock trades at 14.7 times earnings with a 14% growth rate. “So if you like what Altera had to say,” Cramer said, “consider buying XLNX instead.” Join the fastest growing community of small cap investors at Stockhideout.com
