For this segment, Cramer said that hard disk maker Seagate Technology (NYSE:STX) has more momentum than rival Western Digital Corp. (NYSE:WDC). He mentioned that Marvell Technology Group Ltd. (NASDAQ:MRVL) had a great quarter but the stock dropped. “That’s because the stock has had a monster run,” Cramer said. He pointed out that Cisco Systems Inc. (NASDAQ:CSCO) seems to be stuck in the mud, even though he thinks the network company will report a monster quarter. Cramer also mentioned that Apple Inc. (NASDAQ:AAPL) is still dropping and taking some of the big storage PC plays with it. He said Amazon.com Inc. (NASDAQ:AMZN) is moving towards $110 a share, and Baidu, Inc. (ADR)(NASDAQ:BIDU) is up too much. Cramer also said Brocade Communications Systems Inc. (NASDAQ:BRCD) has screwed up a lot in this period, and Microsoft Corporation (NASDAQ:MSFT) should have good numbers coming up. Cramer called Joy Global Inc. (NASDAQ:JOYG) “the ultimate China play,” but said that people seem to be worried the stock is heading lower. Finally, Cramer told viewers that Gilead Sciences Inc. (NASDAQ:GILD) is down after a big ramp in its stock price. “I think the profit-taking is reasonable,” he said. Join the fastest growing community of small cap investors at Stockhideout.com
Jim Cramer’s Hospitality-Oriented Stock Picks: AAPL, GOOG, GS, AMZN, EBAY, WFMI, AMX, CMG, MAR, CAR, JBLU, BBW, DWA
Cramer spoke with restaurateur and author Danny Meyer, whose Mad Money Hospitality Index of stocks has doubled the performance of the S&P 500 since its inception on Feb. 2, 2009. The list includes names like Apple Inc. (NASDAQ:AAPL), Goldman Sachs Group Inc. (NYSE:GS), Google (NASDAQ:GOOG), Amazon.com Inc. (NASDAQ:AMZN), eBay Inc. (NASDAQ:EBAY), Whole Foods Market Inc. (NASDAQ:WFMI), American Express Company (NYSE:AXP) and Chipotle Mexican Grill Inc. (NYSE:CMG). Meyer said it doesn’t matter if it’s a recession, or an expansion, the way a company makes its customers, employees and community feel is what makes its customers stick around and buy the products. He pointed out that quality is king and being the best isn’t enough. Meyer said because of the Internet and how easy it is for companies to copy other firms products, it is most important that a company makes its customers feel the best. Meyer said the next generation of hospitality-oriented companies are likely to be those involved in travel, such as Marriott International Inc. (NYSE:MAR), Avis Budge Group Inc. (NYSE:CAR) and JetBlue Airways Corporation (NASDAQ:JBLU). Meyer also mentioned that Goldman Sachs Group is not primarily a consumer-facing business, but it is a business that makes its employees feel great. “Nobody tells the story, but Goldman Sachs paid the government back, and the government made money,” Meyer said. He noted that Chipotle Mexican Grill makes people feel like they’re on their side, and people will always shop at companies that give them that feeling. Regarding companies that aren’t delivering in the hospitality department, Meyer said that Build-A-Bear Workshop Inc. (NYSE:BBW) has been a disappointment, and he’d consider switching out of that stock and into DreamWorks Animation SKG Inc. (NYSE:DWA). 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 Quick Stock Picks: Schlumberger Limited (NYSE:SLB), Air Products & Chemicals Inc. (NYSE:APD)
“We can fret about the markets, just don’t fret too much,” Jim Cramer said on a recent “Mad Money” TV show. Cramer told viewers the action in the markets is subdued for two reasons: First, this is a pause in the market after a big run; and second, buyers remorse. “After the 3% move off the January lows, it’s normal for a pause in the markets,” Cramer said. He mentioned that stocks have rallied too far, too fast, and are likely working off their overbought conditions. However, despite the markets weakness, and the fact that a recent survey showed nearly two-thirds of Wall Street analysts hate the current market action, Cramer said plenty of opportunities are still out there, due to historically low multiples in a number of sectors. Just look at Schlumberger Limited (NYSE:SLB) and its $11.3 billion planned acquisition of oil-service firm Smith International Inc. (NYSE:SII). Cramer thinks SLB is still cheap since the takeover will give it turnkey drilling and exploration abilities. Plus Air Products & Chemicals Inc. (NYSE:APD) is trying to win its hostile bid for Airgas Inc. (NYSE:ARG). Cramer said Air Products wins, regardless if the deal goes through. With Airgas, he thinks Air Products will be able to increase margins. Without it, he thinks the stock will likely snap back to its pre-deal levels. Cramer told viewers the multiples in tech, industrials and the bank sector are at historic lows. However, he said he’d need to see better employment numbers before turning bullish on the housing or retail names. Join the fastest growing community of small cap investors at Stockhideout.com
Jim Cramer’s Retail Stock Picks: LOW, SHLD, TGT, M, TJX, SWY
“When it comes to retail stocks, I prefer good old fashioned bottoms up analysis over guessing at macro-earnings trends,” Jim Cramer said on his “Mad Money” TV show. Cramer told viewers he’s bullish on the prospects for Lowe’s Companies Inc. (NYSE:LOW) after the company beat Wall Street expectations and announced a $5 billion stock buyback program. Cramer pointed out that Sears Holdings Corporation (NASDAQ:SHLD) might finally be getting on the right track as the company is closing its underperforming stores and is realizing the potential of its brands. Cramer expressed concern about Target Corporation (NYSE;TGT) because he thinks the company is confused about whether its a discount ling or a trade-up destination. Finally, Cramer slapped a $20 price target on Macy’s Inc. (NYSE:M), and said The TJX Companies Inc. (NYSE:TJX) might be breaking out to the upside. He mentioned that grocery store operator Safeway Inc. (NYSE:SWY) might also surprise when it reports earnings later this week. Join the fastest growing community of small cap investors at Stockhideout.com
Jim Cramer’s Pulse of the Market Stocks: AMZN, QCOM, FSLR, AAPL, GOOG, JPM, MDR, URS, TMO, MIL
For the “Pulse of the Market” segment, Cramer said that Amazon.com Inc. (NASDAQ:AMZN) will win in its fight with book publishers. He mentioned that QUALCOMM Inc. (NASDAQ:QCOM) simply has no momentum and that it’s time to give up on First Solar Inc. (NASDAQ:FSLR). In regards to Apple Inc. (NASDAQ:AAPL), Cramer said the stock needs to hold at $200 for an uproar in tech to occur. He said if Apple fails at $198 the stock will trade down. Also in tech, Cramer said Google Inc. (NASDAQ:GOOG) might finally be on the move. Moving on to the bank stocks, Cramer told viewers that JPMorgan Chase & Co. (NYSE:JPM) and the rest of the banks are hot right now. He said investors who want to play nuclear power should consider McDermott International (NYSE:MDR) and URS Corporation (NYSE:URS). Finally, Cramer mentioned that Thermo Fisher Scientific Inc. (NYSE:TMO) $6 billion bid for Millipore Corporation (NYSE:MIL) could create a company that provides all other biotech firms with their equipment needs. He said it also proves mergers and acquisitions are alive and well. 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 ‘Stop Trading’: PG, HPQ, CHK
“Despite a spate of good earnings reports, there is ennui in the market,” Jim Cramer said on CNBC’s “Stop Trading!” segment. Cramer pointed out that Procter & Gamble Company (NYSE:PG) announced it expects 2010 earnings in the range of $3.53 to $3.63 a share on an adjusted basis. That would represent a 4.6% long-term growth forecast. Plus, the company is sitting on a ton of cash and will soon launch a stock buyback program. Regardless. the stock is underperforming. Another example is Hewlett-Packard Company (NYSE:HPQ). The company reported a 25% surge in fourth-quarter earnings, boosted by cost cuts and sales of personal computers. “That should be a sit-up and take notice situation,” Cramer said, ” but it wasn’t.” Also, Cramer mentioned, another example is Chesapeake Energy Corporation (NYSE:CHK). The company hit it out of the park when it reported a narrower fourth-quarter loss, but the stock only went up 49 cents. “No one seems to care about these great earnings’ reports,” 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 Market Pulse Stocks: WFC, BAC, RIMM, ERTS, DVN
Cramer told viewers to buy Devon Energy Corporation (NYSE:DVN). He said Devon is set to sell 2% of its reserves for $3 billion, a move which values the entire company north of $100 million. Cramer said Devon has become the best way to play natural gas. Cramer thinks Electronic Arts Inc. (NASDAQ:ERTS) may go higher because of its exposure to social-media gaming. Moving on to the banking sector, Cramer said Wells Fargo & Company (NYSE:WFC) should be the bank hurt the worst with the Fed increase, but so far it hasn’t been affected. He pointed out that Bank of America Corporation (NYSE:BAC) was not affected either by the Fed increase. Finally, Cramer said he doesn’t think Research In Motion Limited (USA)(NASDAQ:RIMM) is about to make a comeback. 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!
