Cramer on Paying Up For Strong Earnings

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By Douglas A. McIntyre Updated Published
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Cramer said it’s ok on CNBC’s MAD MONEY tonight to pay up after some companies beat earnings and you have to pay up to sell higher.

Boeing (BA-NYSE) and Caterpillar (CAT-NYSE) are continuing to run up and are ok to pay a premium for.  Cramer said you can also go with Whirlpool (WHR-NYSE) as the next in the home improvement and building exposure company that is a monopoly and should run after earnings Wednesday.  Cramer said you should get in ahead of earnings because he thinks it’s going up.  Cramer also said that Cisco Systems (CSCO-NASDAQ) and Cramer thinks it could bounce back up to $29.00 after reporting and then it could go even higher.  Doug here art 24/7 Wall St. gave a scenario that would allow Cisco shares to rise to $34.00 by mid-year, but it is a guide of what needs to happen.

VF Corp (VFC-NYSE) is another one Cramer says you can buy.  On Disney (DIS-NYSE) next Wednesday you can think expect it to go higher.  Thursday Bunge (BG-NYSE) is one you can buy ahead of earnings for a snap-back to go higher. Curtis Wright (CW-NYSE) is already on highs but he thinks it is going higher.

This ties into his video segment on TheStreet.com discussing how he likes to buy stocks on 52-week highs more often than not because that is the market casting an affirmative smart vote for the company.

Jon C. Ogg
February 2, 2007

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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