Posts for Ticker ‘Cramer’

TheStreet.com Signs 3-Year Cramer Contract (TSCM)

Many people think of Jim Cramer as being MAD MONEY on CNBC now, but his full-time gig is still at TheStreet.com, Inc. (NASDAQ: TSCM).  The company gave an SEC filing this morning that shows the company has secured his contract ahead.  After all, he is the co-founder and chief voice of the company.  Many would argue that he IS the company.

Jim Cramer has entered into a new employment agreement with a retroactive effective date of January 1, 2008 to author articles for the ad-supported and paid publications (Action Alerts PLUS) product and to "provide reasonable promotional and other services…"

Cramer will receive an annual salary of $1,300,000, $1,560,000 and $1,872,000, respectively, for the three successive years of the agreement.  Cramer will also receive a signing bonus in the amount of $100,000 and will be eligible for an annualized target bonus equal to 75% of salary based upon achievement of company determined financial targets.

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Posted on: April 9, 2008 – 9:46 am in Cramer, Insider Activity, Management Change, ,

Jim Cramer’s Play On $16 Corn & Wheat (POT, MOO)

Jim Cramer came out on CNBC’s MAD MONEY tonight, predicting huge gains in agriculture prices and in gold.  Unlike Basketball’s March Madness and a "Sweet 16" his "sweet 16" targets all revolve around "$16" for the commodity.  Cramer said he is making some key changes to some of his stocks picks in each of these sectors.

His first theme is agriculture.  He thinks agriculture is being thrown through the roof because of ethanol.  Cramer thinks that corn goes $16 and wheat goes to $16.  He has been very positive on this one over and over and here were his last picks.  He wants to switch gears and you should go into Potash of Saskatchewan (NYSE: POT) because of severe pricing power.  He loves the high barriers to entry and lack of competition.  We also had a recent IPO get filed in this sector.  He noted that consensus estimates are 107% in 2008, and with a fair earnings multiple that stock could see significantly higher prices.  If you are still unsure about picking individual stocks in this sector, we would note that you can look at the ETF for the agriculture play that is the Market Vectors Global Agribusiness ETF (AMEX: MOO).

Cramer is also talking up some new picks he has for gold and also in higher gas prices. 

Jon C. Ogg
March 3, 2008

Posted on: March 3, 2008 – 6:31 pm in Agriculture, Cramer, , , , , , ,

Cramer Stays High on Agriculture (MON, POT, AGU, DE, MOS, MOO)

On CNBC’s MAD MONEY tonight, Jim Cramer went over the agriculture sector.  We recently noted ourselves about Ag-flation as wheat prices have more than doubled over the last year.  Cramer noted that Cargill suspended plans for a new ethanol plant.  Cramer says that this is going to create a sell-off, but it won’t mean the sector is dead and will create buying opportunities.  He thinks the famine watch may end up with rationing to keep a lid on prices in a world where demand is rising rapidly.  The possible famine and growing demand for food and crops for energy is driving these.  After these stocks take a share price hit this week, he wants you to look at buying some of these that are still at the start of a multi-year trend as now our food supply is competing for energy.  His favorite stocks right now in the sector are:

  • Mosaic (NYSE: MOS) as a potash winner with major pricing power.
  • Potash (NYSE: POT) as another potash winner with major pricing power.
  • Agrium (NYSE: AGU) also in nutrients and fertilizers like Potash.
  • Monsanto (NYSE: MON) as the biotech of Agriculture.
  • Deere & Co. (NYSE: DE) for the machinery.

We would also note that if you are a true lover of agricultural trading, there is an ETF that tracks this sector called  Market Vectors Global Agribusiness ETF (AMEX: MOO), which is up 50% since its launch just 6-months ago.  You would also want to know that Four of his five top picks in that group above are in the top ten holdings in this ETF. There are many other Agriculture pieces here, and some are Cramer and some are not:

Jon C. Ogg
February 26, 2008

Posted on: February 26, 2008 – 6:18 pm in Agriculture, Cramer, Cult Stock, , , , , , , ,

Cramer Attacks Congressmen For Holding Up Sirius & XM Merger (XMSR, SIRI)

Jim Cramer came back from vacation and on CNBC’s MAD MONEY, he slammed Congress for taking more than a year now for holding up the Sirius Satellite Radio (NASDAQ: SIRI) and XM Satellite Radio (NASDAQ: XMSR).

He wants to know why the deal is being held up, and he is blaming conflicted Congressmen that are getting donations and pressure from lobbyists.  Jim Cramer said the National Association of Broadcaster spent more than$4 million in lobbying to block this deal.  He even named the "lobbyingoffenders" that are out to block this: Gene Green, LouiseSlaughter, John Spratt, Roy Blunt, and Tom Cole (forgive any spelling errors on the names) were all among the onesthat Cramer bashed for protecting their campaign contributors.

247WallSt.com will tell you ourselves that it is about ten-times more than obvious that the National Association of Broadcasters pushing their "in-pocket Congressman" that land-base (terrestrial) radio has been lobbying to block this.Mark our words….. If they block this merger, traditional/terrestrial radio won’t do any better.  But they will effectively put at least one of these out of business as far as they exist today. 

Cramer noted OpenSecrets.com and campaignmoney.com as sources for you to look these up.  He said these Congressmen are what are keeping this from being approved.

Jon C. Ogg
February 25, 2008

Posted on: February 25, 2008 – 6:46 pm in Cramer, Mergers and Buy Outs, Regulation, Satellite, , , , , , , ,

Cramer’s Big Pipe Hit (WG)

On tonight’s MAD MONEY on CNBC, Jim Cramer came out discussing oil and gas infrastructure, and said that a relatively small player name Willbros Group, Inc. (NYSE: WG) is a winner.  The company focuses on pipelines and associated facilities for onshore, coastal, and offshore locations.  He noted how the company sees $8 Billion worth of opportunity down the road in the coming years as we need several thousand more miles of pipeline both upstream and midstream.  This one also only has a $1.2 Billion market cap.  Cramer noted this is at the heart of the return of the natural gas and infrastructure theme. 

This closed down 2.6% today at $34.78 and the 52-week range is $20.05 to $62.04.  Cramer’s target: $45.00.

Jon C. Ogg
February 14, 2008

Posted on: February 14, 2008 – 6:39 pm in Cramer, Oil & Gas, , , ,

FMC Corp.: Jim Cramer’s Hidden Agriculture Trade (FMC)

On tonight’s MAD MONEY on CNBC, Jim Cramer wanted to review a hidden undervalued stock in  the market.  Tonight he noted FMC Corp (NYSE: FMC) as a key undervalued stock in chemicals and agriculture.  While he likes the company on its own, he noted that the current inflated prices in Agriculture and potash stocks should actually generate a much higher stock price.  He thinks that because of this company’s pricing power in its its niche that this should be worth a combined $5.7 Billion instead of $4+ Billion today.  In his words, that yields a $70 STOCK.

By now you have seen this sector on fire.  We just noted a hot potash IPO coming soon and just yesterday we noted how the best post-IPO in recent months is also in the sector.  Deere (NYSE: DE) shares indicated lower after earnings this morning and closed lower too.

Just remember one key thing.  Thursday is Valentine’s Day, and fertilizer is only a good gift if your intimate other is a green thumb that hasn’t been able to get to the store in a very long time.

FMC closed up 2.2% at $53.54 today and the 52-week trading range is $35.64 to $59.00.  $70.00 would be a considerable price.  While it still is listed as having a 30+ P/E ratio, this really trades with a 13.8 P/E ratio for fiscal Dec-2008 forward estimates.

Jon C. Ogg
February 13, 2008

Posted on: February 13, 2008 – 7:03 pm in Agriculture, Cramer, ,

Cramer on Motorola Versus Nokia (MOT, NOK)

On tonight’s MAD MONEY on CNBC, Jim Cramer compared a great Nokia (NYSE: NOK) to a horrible Motorola (NYSE: MOT).  Last week Motorola said mobile handset sales were down 38% last week and lowered guidance ahead.  Cramer thinks that any ties to the company are wrong and that Motorola’s pain is Nokia’s gain.  Cramer doesn’t think Mr. Brown is doing any better since Zander left, and he thinks that Carl Icahn might be its only real help.  If you look at Nokia’s numbers, you’ll decide they are taking it all from Motorola.  To him it’s a broken company. 

  • Our old $26.70 break-up value on Motorola is completely history compared to what this situation looked like back when it had value.  We have run some break-up values now that the company has allowed its state to go this way.  We aren’t even convinced that you could milk $20.00 from this cow on most days in the current conservative and "show-me" environment.

This sounds a lot like what our own Douglas McIntyre noted just last week.  He even stated, "It is all over now for Motorola (MOT) and Palm (PALM). They might have had a chance to pick up enough market shares to dig themselves out of the holes of late products, crummy products, and weak financial performance. RIM (RIMM), Apple (AAPL), Samsung, and Nokia (NOK) have flanked them then overrun them. A bad economy makes their positions untenable."

We’ve also noted that Motorola is just a turnaround that looks like it can’t turnaround.

Jon C. Ogg
January 28, 2008

Posted on: January 28, 2008 – 6:29 pm in Cramer, , ,

Cramer’s Execution Face-Offs (DPZ, PZZA, WAG, CVS)

Tonight’s MAD MONEY on CNBC was a different section than the normal stock picking.  Jim Cramer wanted to cover execution of a business model (or business plan):

  • Cramer’s first face-off was in the pizza group of food and restaurants between Papa John’s International (NASDAQ:PZZA) and Dominos Pizza Inc. (NYSE:DPZ). 
  • Secondly, Cramer compared CVS Caremark (NYSE:CVS) to Walgreen’s (NYSE:WAG).

In the pizza face-off, Cramer noted how Papa Johns (NASDAQ:PZZA) was confident on the conference call, how they were positive about the environment despite rising food and energy prices and more, while Dominos (NYSE: DPZ) was apathetic and not positive.  He also noted how this will bring about a company that deserves a higher multiple.  Papa John’s fell 2% to $22.64 today but rose almost 1% to $22.80 on his call (52-week trading range $21.76 to $34.86.  Dominos fell 1.5% today to $12.75 and fell another 0.5% to $12.69 in after-hours trading (52-week trading range $12.25 to $35.67 per-dividend).  We noted in the past how Dominos had looted its books to make that one-time shareholder pay-off.

In the second execution comparison for competitors, Cramer noted how Walgreens (NYSE:WAG) used to be the GO-TO stock in the group but has fallen off track.  CVS Caremark (NYSE:CVS) has started executing better and changed its weakness with the Caremark cost containment company to win as patents go from label to generic in the coming years.  Walgreens is a good pharmacy according to Cramer, but CVS now is winning because of execution and now has an extra edge.  CVS is also adding stores more strategically and more thought out.  In the past Cramer noted this as a MAJOR BULL MARKET PICK.

CVS shares closed up almost 1% today at $39.49 and rose another 0.5% to $39.68 after-hours (52-week range $29.44 to $42.60).  Walgreens hasn’t traded in after-hours to speak of and closed down 2.3% today at $36.38 (52-week trading range $35.80 to $49.10).

For those of you always looking for "CRAMER PICKS TO MOVE" you’ll want to count tonight as  "more educational rather than bold stock picking."

Jon C. Ogg
December 19, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he produces the SPECIAL SITUATION newsletter and he does not own securities in the companies he covers.

Posted on: December 19, 2007 – 6:31 pm in Cramer, , , , ,

Cramer’s Telecom Build-Out Play, With After-Hours Weakness (ADCT)

On tonight’s MAD MONEY on CNBC, Jim Cramer already hosted Verizon’s CEO Seidenberg and discussed the bandwidth build-outs and the great things going on in wireless and their FiOS digital TV offering.  Cramer wanted to use his pin action trade analysis and he went back to one of the old tech stocks from the 1990’s:

  • ADC Telecom (NASDAQ:ADCT) is a stock that is winning from the fiber and wireless build-out of Verizon.  This is also part of AT&T’s long-distance build-out that is going.  It also bought a frame connectivity company in China and made another wireless acquisition.  ADCT also trades 14.6-times next year’s earnings.  Cramer thinks this one is back in the sweet spot and he said it can be held for a multi-year period.

What is a pure coincidence is that shortly before Cramer started MAD MONEY tonight, ADCT came out and announced a proposed subordinated convertible note offering to the tune of $400 million split evenly between 2015 and 2017 maturity dates.  Its market cap before the dilution was listed as almost $2.1 Billion.

ADC said it intends to use approximately $200 million of the net proceeds of this offering to repurchase prior to maturity or repay at maturity in June 2008 the outstanding $200 million aggregate principal amount of its 1% Convertible Subordinated Notes due 2008.  The remainder is set aside for general corporate purposes and strategic opportunities.  ADCT will use Credit Suisse and Morgan Stanley as joint book-running managers for the offering and co-managers are listed as J.P. Morgan and Bear Stearns & Co.

Shares would have likely been higher after the Cramer tout, but because of the stock offering the stock is trading down almost 5% in after-hours trading at $16.89 on what appears to be more than 400,000 shares in after-hours activity.  The 52-week trading range is $14.04 to $21.06. 

This stock conducted a 1 for 7 reverse stock split back in May 2005 after its shares had been perpetually stuck around $1.00 to $2.00 on an "old stock price" on an unadjusted split price.  Shares were then between $18.00 to $21.00 and are currently under that.  If you go back to the bubble days in 2000 on an adjusted basis this traded back over $200.00 during the fiber optics craze.

Jon C. Ogg
December 18, 2007

Posted on: December 18, 2007 – 6:37 pm in Cramer, Technology Companies, Telecom, ,

Cramer Hosts Verizon’s Seidenberg, Our Top CEO of 2007 (VZ, T, TWC, CMCSA, CMCSK)

Jim Cramer is set to host the CEO of Verizon (NYSE: VZ) Ivan Seidenberg on tonight’s MAD MONEY on CNBC.  If you are wondering why we are previewing a preview for Cramer it’s a simple answer: 247WallSt.com reviewed many great CEO’s and many that weren’t so great, and Ivan Seidenberg was the CEO that we named as our "2007 CEO of the Year."  You can read our full logic behind it and why he won over other nimble and able telecom and industrial CEO’s whose stocks showed a strong year.

Jim Cramer has been a Verizon & AT&T (NYSE:T) backer for some time, and if you have looked at cable stocks lately you’d know why Telecom is kicking you what.  Comcast (NASDAQ:CMCSA) (NASDAQ:CMCSK) has already admitted many problems and how it has started seeing more pressure, and Time Warner Cable (NYSE:TWC) is also trading a few percentage points above its 52-week lows.

Cramer said today readily prefers Verizon over Comcast now.  A reason he prefers Verizon over Comcast (or telecom over cable) is that the market is just too volatile to not have that dividend (nearly 4% today).  That’s on top of the fact that telecoms are winning back cable subscribers now with the fiber-to-the-home initiatives that allow them to offer better high-speed data than before along with digital television packages.

It would probably take a lot for Cramer not to be outright positive on Verizon (NYS:VZ) tonight, as we are pretty sure that there won’t be that much negative happening besides the credit quality of customers being less than it had been before.  After the company announced it would open up its network to outside phones, the platform neutral model looks like a winner.

You can join our own open email distribution list to receive updates once or twice per week to receive information about spin-offs, restructurings, merger-arb spreads, recapitalizations, and back door plays into upcoming IPO’s.

Jon C. Ogg
December 18, 2007

Posted on: December 18, 2007 – 5:02 pm in Cramer, Telecom, , , , , , ,

Cramer’s Third Pick For Five Years Out: Transocean (RIG)

On tonight’s MAD MONEY on CNBC, Jim Cramer said he wanted to reviewsome picks that you might want to own with a 5-year time horizon forthe future.  He wants to look beyond the current markets and thevolatility, so he wants to look at earnings visibility for a multi-yearperiod.  So that way he can look past a major market swing or againstan analyst panicking over a stock drop.  He has three picks that have5-years worth of visibility and his THIRD PICK is as follows:

  • Cramer’s third pick with 5-years visibility is Transocean (NYSE: RIG) that just bought GlobalSantaFe in an $18 Billion merger.  This one gets great prices for deep water oil rigs that are in short supply and its deepest water rigs are under contract on great rates out to 2010 and 2012.  Despite this on getting hit every time oil drops, he thinks that shouldn’t happen because its 38 rigs of that sort are under long-term pacts.  Even the deeper water over 10,000 feet have far longer contracts with huge rates locked in.  Now that Transocean bought its largest competitor it has pure pricing power.  Since it takes so long to build a giant rig they won’t have any serious competition for a ways out.  High oil prices will continue to benefit it.  These have been hit with the pullback and can be bought now.

His first pick was First Solar and you can see that here.

His second pick MedcoHealth Solutions and you can see that here.

Cramer’s TOP PICKS FOR 2007.

Here is our own open email distribution list where we highlight some other Cramer picks, buyouts, break-ups, spin-offs, value stocks, merger-arb, and more.

Jon C. Ogg
December 17, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he produces the SPECIAL SITUATION newsletter and he does not own securities in the companies he covers.

Posted on: December 17, 2007 – 6:50 pm in Cramer, Oil & Gas, , , ,

Cramer’s Second Pick For Five Years Out: MedcoHealth (MHS)

On tonight’s MAD MONEY on CNBC, Jim Cramer said he wanted to review some picks that you might want to own with a 5-year time horizon for the future.  He wants to look beyond the current markets and the volatility, so he wants to look at earnings visibility for a multi-year period.  So that way he can look past a major market swing or against an analyst panicking over a stock drop.  He has three picks that have 5-years worth of visibility and his SECOND PICK is as follows:

  • Cramer’s second pick for 5-years out tonight was MedcoHealth Solutions, Inc. (NYSE:MHS).  Cramer loves the visibility on, and the drops recently allow you to get it cheaper.  The pharmacy benefit manager is one of the healthcare cost containment companies and that sector has huge visibility.  They even make more when big brand drugs lose their patents, and $77 Billion worth of blockbuster drugs are coming off patent in the coming years.  This allows MedcoHealth to pit the drug sellers against each other and it gets to make more off customers than you’d expect.  The growth is visible and he thinks there is a $6 Billion gain coming in profits.  Cramer also loves its higher margin tailored drug program and its mail order business, but he really loves the visibility to 2012.

His first pick was First Solar and you can see that here.

Here are some other Cramer highlights:

Here is our own open email distribution list where we highlight some other Cramer picks, buyouts, break-ups, spin-offs, value stocks, merger-arb, and more.

Jon C. Ogg
December 17, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he produces the SPECIAL SITUATION newsletter and he does not own securities in the companies he covers.

Posted on: December 17, 2007 – 6:32 pm in Cramer, Healthcare, Medical, , ,

Cramer’s First Pick For Five Years Out: First Solar (FSLR, SPWR)

On tonight’s MAD MONEY on CNBC, Jim Cramer said he wanted to review some picks that you might want to own with a 5-year time horizon for the future.  He wants to look beyond the current markets and the volatility, so he wants to look at earnings visibility for a multi-year period.  So that way he can look past a major market swing or against an analyst panicking over a stock drop.  He has three picks that have 5-years worth of visibility and his first pick is as follows:

  • FIRST SOLAR (NASDAQ:FSLR) is major, despite today’s 7% sell-off; up over three-fold since his recommendation in March 2007.  This one avoids the silicon wafer shortage in solar power.  He likes the contracts that are signed for over $6 Billion out to 2012 and that is now a baseline for the next five years.  He also likes that they produce for less and increase capacity.  Even over $200, Cramer said it trades at 24-times 2010 earnings.  He thinks that the forecasts may end up being too low.

In a call-in from a viewer, Cramer said his second favorite solar power stock is SunPower Corp. (NASDAQ:SPWR).

Here were Cramer’s TOP Picks for 2007.
He also recently stuck with the new "Horsemen of Tech" into year-end.
He’s even reviewed some Warren Buffett stock picks.

Here is our own open email distribution list where we highlight some other Cramer picks, buyouts, spin-offs, break-ups, merger-arb spread, and other special situations.

Jon C. Ogg
December 17, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he produces the SPECIAL SITUATION newsletter and he does not own securities in the companies he covers.

Posted on: December 17, 2007 – 6:16 pm in Alternative Energy, Cramer, , , ,

Cramer’s Latin Internet Call (MELI, BIDU, GOOG)

On tonight’s MAD MONEY on CNBC, Jim Cramer was discussing an opportunity he sees in Argentina-based Mercadolibre, Inc. (NASDAQ:MELI).  Cramer likes the model.  It hosts an online trading platform in Latin America that facilitates e-commerce and related services.  It permits businesses and individuals to list items and conduct their sales and purchases online in either a fixed-price or auction-based format.  It also provides MercadoPago for online payments to be paid and sent.

Cramer of course used the Google (NASDAQ:GOOG) and Baidu.com (NASDAQ:BIDU) analogy to derive a value, but said it’s more similar to Baidu.  He really digs its Latin America focus and he noted that this one could go from around $55.00 to somewhere around $85.00 down the road.

Even more interestingly, Cramer did something different than his normal caveats about waiting for a sell-off or a pullback.  He noted something to the tune of, "You might get it cheaper if you wait, but I wouldn’t wait too long on this one."

Mercadolibre came public at the end of Summer and every time this has pulled back it has just been a buying opportunity.   Its shares closed up 5.5% today at $53.63 and that was less than 1% under its prior 52-week highs.  Shares rose over 5% in after-hours to almost $57.00.

Jon C. Ogg
December 13, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

Posted on: December 13, 2007 – 7:03 pm in ADR, Cramer, Internet, , , , ,

Cramer’s Blue Cross Blue Shield Play (GTS)

On tonight’s MAD MONEY on CNBC, Jim Cramer said he wanted to review a recent IPO which is a great spot that didn’t perform well.  Triple-S Management (NYSE: GTS) is the Blue Cross Blue Shield affiliate in Puerto Rico that came public very recently under its proposed IPO range of $16.00 to $18.00. 

Cramer likes when health insurers come public from a non-profit to a for-profit entity, and he’s noted how all the Blue Cross players that came public have done incredibly well and ultimately get acquired.  Cramer thinks the company will ramp up margins and profitability in the coming years.  The market cap is merely $450 million and Cramer thinks the stock will come back down a bit over the next week or so.

Initially, shares are up 15% in after-hours trading on thin volume at $18.00.

Jon C. Ogg
December 10, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

Posted on: December 10, 2007 – 6:13 pm in Cramer, ,

Cramer’s Alternative Energy & Green Stocks (SGR, FWLT, BWA, OMG, FSLR, FTEK, WFR, TTEK, ZOLT, BP, SPWR, CY, CPST, ITRI)

On tonights MAD MONEY on CNBC, Jim Cramer wanted to pitch in on covering the green-tech stocks.  He says he has no politics on his calls because he is just looking at these as opportunities to make money.  Cramer’s green stocks are up 68% on average since he covered that Massachusetts ruling back in April.  His stocks from back then and here are his reviews now:

  • Shaw (SGR) up from $30 by 146% in nuke power infrastructure he thinks it can still double.
  • Foster Wheeler (FWLT) up 99% and being driven by non-green demand, it’s still a favorite but for another reason.
  • Borg Warner (BWA) is up 38% and still has legs in cleaner engine parts, Cramer thinks it goes higher.
  • OM Group (OMG) is actually down on refining cobalt and he said he’d have given up if last quarter wasn’t good.
  • First Solar (FSLR) was up big today on a $1 Billion contract.  Its up 170% since his recommendation and he thinks it can go higher with analysts racing each other to raise targets.  It reports Wednesday but he says it is expensive and he’s look at it speculatively.
  • Fuel-Tech (FTEK) is one that Cramer would rather sell than OM Group.
  • MEMC (WFR) is an arms merchant for solar makers in making wafers for solar panels; too good to pass it up; it’s cheap and he thinks out of all green stocks that this one is still bargain.  MEMC is his TOP PICK in the alt-en sector.
  • Tetra Tech (TTEK) is his play on the water group and he likes the last buyout with an international footprint.

He doesn’t see a single one where he thinks the run is over.  In a call-in he was also positive on Zoltek (ZOLT).  As far as BP’s (BP) initiatives in a call-in, he thinks it is an after-thought and right now it doesn’t add up right.  SunPower (SPWR) in a last call-in is one that he’s been behind and he thinks Cypress Semi (CY) is the play off it.

Another alternative energy stock an analyst said could double is Capstone Turbine (CPST) today in an unrelated report.  That was Lazard, and its analyst also defended Itron (ITRI) on recent weakness.

Jon C. Ogg
November 6, 2007

Posted on: November 6, 2007 – 6:26 pm in Alternative Energy, Cramer, , , , , , , , , , , , , , , ,

Cramer Updates His New Four Horsemen of Tech (RIMM, AMZN, GOOG, AAPL)

On tonight’s MAD MONEY on CNBC, Jim Cramer wanted to update his "New Four Horsemen of Tech" now that earnings are out and after these have all run up so much.  He is looking to ring the register on part of these. This is something that if you have been following these we have been waiting for and it seems more than logical after you saw Amazon.com sell off after earnings tonight (percentage gains he used on Horsemen call):

Amazon.com (NASDAQ:AMZN) is up 40%, but after today’s earnings and after tonight’s sell-off Cramer says "Time to ring the register" on all of it.

Google (NASDAQ:GOOG) is up 30% and Cramer didn’t say to sell. He’s sticking with his $750 target. 

Apple (NASDAQ:AAPL) is up 51% and Cramer said it’s time to at least take half of the position off and hold the rest.

R-I-M (NASDAQ:RIMM) is up 127% and Cramer said it’s time to at least take half of the position off and hold the rest.

Jon C. Ogg
October 23, 2007

Jon Ogg is the editor of the 24/7 Wall St. Special Situation Investing Newsletter; he does not own securities in the companies he covers.  We just released our first part of two of our "Small Cap Internet Watch List"for subscribers to see which stocks we think could be acquired (and bywhich suitors) under the right circumstances in the space. This yearalone we have discussed how aQuantive, 24/7 Real Media, and Web.com were acquired off this list;and you can see samples of this.

Posted on: October 23, 2007 – 5:50 pm in Cramer, Internet, Technology Companies, , , , ,

Cramer Gives A Monster Price to Baidu.com (BIDU, GOOG)

Jim Cramer just said noted on CNBC’s STOP TRADING segment that Baidu.com (NASDAQ:BIDU) is growing at 80% and the downgrades or cautionary comments aren’t warranted.  He even went as far to say "Baidu could go to $500.00," although that sounded more like conjecture than a formal target.  Shares were up over 2% but now shares are suddenly up over 4% on stronger volume to a $322.00 level.  When this was falling apart yesterday we noted the old bubble lessons learned from the dot.com days.

His Google (NASDAQ:GOOG) went from $600.00 to $700.00, then $701.00 last week to a new higher target of $750.00 recently.  Once again, this Baidu.com $500.00 didn’t sound like a formal target but it’s definitely a number that will grab some attention.

Baidu.com is not one of Cramer’s "new four horsemen of tech" but this was one of his key feature stocks that he felt was better than other Chinese stocks.

Jon C. Ogg
October 12, 2007

Posted on: October 12, 2007 – 1:57 pm in Cramer, Internet, , ,

Cramer Sends Chipotle South of the Border (CMG)

On tonight’s Thursday SELL BLOCK feature on CNBC’s MAD MONEY, Jim Cramer said the time has come to sell Chipotle (NYSE:CMG) after he’s been behind it for what feels like forever.  Cramer said he loves the food and loves the company, but he can’t like the stock amymore up at $129.00.  He thinks this trading at too high of a multiple and the first hint of a hiccup will generate a big correction.  Even if it runs another $20.00, he’d rather be out.  He acknowledged that the growth rate could go up and that it could outperform, but he’d be out and he has his limits.  "Sell and if it goes lower you can revisit……" but it’s too high.  Shares fell 2% at $126.37 after-hours.

Jon C. Ogg
October 11, 2007

Posted on: October 11, 2007 – 5:50 pm in Cramer, Food, , ,

Cramer’s Grocery Pick (KR, WFMI, SVU)

On tonight’s MAD MONEY on CNBC, Jim Cramer said he still thinks the supermarket stocks are cheap but some deserve to be cheap.  His pick in the sector is Kroger (NYSE:KR).  He liks the outperformance and that they beat earnings and raised guidance with a 5+% same store sales number.

This has been our pick as well, and we even went as far as saying that this was actually becoming an alternative to Whole Foods (NASDAQ:WFMI) if you go there (24/7’s View on Whole Foods vs. Kroger).

Cramer thinks that this is going head to head with SuperValu (NYSE:SVU) although it is cheaper and SVI is just a value trap.

Jon C. Ogg
October 4, 2007

Posted on: October 4, 2007 – 5:14 pm in Cramer, Food, , , , ,