FeedPosted Nov 24th 2009 9:30AM by Jim Cramer (RSS feed)
Filed under: Wal-Mart (WMT), Amazon.com (AMZN), Market matters, Citigroup Inc. (C), Regions Financial (RF), Bank of America (BAC), Wells Fargo (WFC), Cramer on BloggingStocks, Financial Crisis
TheStreet.com's Jim Cramer says the sooner banks repay TARP, the more likely they will power higher in 2010. The Federal Reserve wants higher stock prices. That's all I can think of when I see that it wants repayment plans into place for the big banks such as Bank of America (
BAC) (
Cramer's Take), PNC (
PNC) (
Cramer's Take), Citigroup (
C) (
Cramer's Take), Fifth Third (
FITB) (
Cramer's Take), Wells Fargo (
WFC) (
Cramer's Take), Regions Financial (
RF) (
Cramer's Take), SunTrust (
STI) (
Cramer's Take) and KeyCorp (
KEY) (
Cramer's Take), all names that haven't repaid the Troubled Asset Relief Program yet.
Why would these plans bring about higher prices?
Continue reading Cramer on BloggingStocks: The Fed's push for TARP payback
Posted Nov 20th 2009 9:30AM by Jim Cramer (RSS feed)
Filed under: Google (GOOG), Apple Inc (AAPL), Dell (DELL), Hewlett-Packard (HPQ), Market matters, Limited Brands (LTD), Cramer on BloggingStocks, Technology
TheStreet.com's Jim Cramer says traders who focus on the negative will pounce on this poor report. Thanks for nothing, Dell (
DELL) (
Cramer's Take)! Given that this market seems to care less about the good like NetApp (
NTAP) (
Cramer's Take), Ross Stores (
ROST) (
Cramer's Take) or Limited (
LTD) (
Cramer's Take) and is focused on the bad, like the semi-downgrade from Bank of America Merrill Lynch, I am sure that Dell will be viewed as part and parcel with the downgrade.
I can't stand Dell. I actually slam it in Getting Back to Even, taking a chance that it would get its act together and make me look bad on the very quarter the book is released. Looks like that was a lot of worry for nothing.
Continue reading Cramer on BloggingStocks: Dell feeds the bears
Posted Nov 19th 2009 8:15AM by Jim Cramer (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Dell (DELL), Intel (INTC), Market matters, Texas Instruments (TXN), Limited Brands (LTD), Honeywell Intl (HON), United Technologies (UTX), Cramer on BloggingStocks
TheStreet.com's Jim Cramer says the world's economies are getting too strong to obey these downgrades of Intel and TI. When Wall Street starts looking at tech companies as they would industrials -- as they should be scrutinized -- then we will not get downgrades like Bank of America/Merrill's takedowns of Intel (
INTC) (
Cramer's Take) and Texas Instruments (
TXN) (
Cramer's Take).
The essence of these two downgrades is the looming inventory correction that everyone has feared from $14 a share onward for Intel and $18 for Texas Instruments at the start of the summer. At every step I have heard of this coming breakdown, the double ordering and the decline in demand as one analyst after another has warned us of the apocalypse around the corner.
Continue reading Cramer on BloggingStocks: Dismiss the latest tech downgrades
Posted Nov 18th 2009 9:30AM by Jim Cramer (RSS feed)
Filed under: Deere and Co (DE), Stocks to Buy, Cramer on BloggingStocks, Potash Corp. of Saskatchewan (POT)
TheStreet.com's Jim Cramer says it's not too late to get on board these rocket ships. During the great narrow bull market that was 2006-2007, anyone who hitched a ride on any bulk or oil carrier, any DryShips (
DRYS) (
Cramer's Take) or Diana (
DSX) (
Cramer's Take), or any Frontline (
FRO) (
Cramer's Take) or Nordic American Tanker (
NAT) (
Cramer's Take), or anyone who bought anything ag-related -- Deere (
DE) (
Cramer's Take), Monsanto (
MON) (
Cramer's Take), Potash (
POT) (
Cramer's Take) -- looked like a genius.
Beginning midyear last year, you looked like a moron.
Continue reading Cramer on BloggingStocks: Ag and shippers are the newest bull markets
Posted Nov 17th 2009 9:00AM by Jim Cramer (RSS feed)
Filed under: Analyst upgrades and downgrades, Market matters, Coach Inc (COH), Goldman Sachs Group (GS), Morgan Stanley (MS), Nordstrom, Inc (JWN), Polo Ralph Lauren'A' (RL), Cramer on BloggingStocks
TheStreet.com's Jim Cramer says there is as extreme an aversion to discipline as he can recall. If you want to know why it is so frustrating to be buying stocks up here think no further than the Goldman Sachs (
GS) (
Cramer's Take) push into the high-end retail stocks, a push that, even as flexible and chameleon-like that I am, I find flabbergasting.
All year the trade has been to be buying the recovery stocks, the companies that sell the most expensive goods, and abandon the dollar stocks which peaked last year in the midst of the worst recession since the 1930s. It was plain as day.
Continue reading Cramer on BloggingStocks: This frustrating new market
Posted Nov 16th 2009 9:20AM by Jim Cramer (RSS feed)
Filed under: Cisco Systems (CSCO), Market matters, International Business Machines (IBM), Caterpillar (CAT), Colgate-Palmolive (CL), Procter and Gamble (PG), Freep't McMoRan Copper (FCX), Oil, Stocks to Buy, Cramer on BloggingStocks
The Street.com's Jim Cramer says that OPEC may take oil out of the equity-market equation and make stock-picking matter again. If OPEC says it likes an oil price in the $75-78 range, as it said today, we could be looking at a nirvana moment for stocks. We know that any time oil bounces, the S&P 500 futures go up. Any time it goes down, the S&P futures go down. But if OPEC wants to keep it right here, we take oil out of the equation and make stock-picking matter again.
Right now, the Saudis are telling the big oil-shipping companies that they want to bring 1 million barrels a day into the market straight away to keep oil below $80. That can be used to overwhelm the speculators who are tying up as much as 20% of the oil fleet in the world to keep oil off the market and buoy its price. But they will not bring the oil to the market below $75.
Continue reading Cramer on BloggingStocks: Oil and the equity nirvana
Posted Nov 13th 2009 10:40AM by Jim Cramer (RSS feed)
Filed under: Market matters, BP p.l.c. ADS (BP), Oil, Cramer on BloggingStocks
TheStreet.com's Jim Cramer says if the market made sense, you could buy retail and restaurants off the lower oil price.
Here's the pattern: We get shelled by oil. It drops to $76 or $77, all energy goes down, and it takes everything else with it. Some of tech has been spared lately because of 3Com (COMS) (Cramer's Take).
Then, in the following couple of days, oil stabilizes (but not after it hurts the oils again), rallies, and everything goes with it.
That's what's been occurring. I don't know why it's any different. In this moment in time, it's often best to buy the most hammered natural gas stocks because they come back fast. The best value is Devon (DVN) (Cramer's Take), but it simply isn't down enough. Apache (APA) (Cramer's Take) would make sense below $60, which is still a ways from here.
Continue reading Cramer on BloggingStocks: Recognize the ludicrous pattern
Posted Nov 11th 2009 9:30AM by Jim Cramer (RSS feed)
Filed under: China, Market matters, Caterpillar (CAT), Schlumberger Limited (SLB), Bank of America (BAC), U.S. Steel (X), Nucor Corp (NUE), Toll Brothers (TOL), BHP Billiton Ltd ADR (BHP), Freep't McMoRan Copper (FCX), Wells Fargo (WFC), Stocks to Buy, Burlington Northern Santa Fe (BNI), Cramer on BloggingStocks
TheStreet.com's Jim Cramer says at least one country is getting it right when it comes to economic stimulus. How in the heck can you get 16% industrial growth and lower-than-expected consumer price inflation? How is that possible? Yet that's what we saw from China last night, and that's a tonic to pretty much everyone who is waiting for our own stimulus to kick in.
And we need it.
On Monday, Fluor (
FLR) (
Cramer's Take), the giant construction company, when asked if it could quantify the value of stimulus dollars currently in backlog, said "Really, the only stimulus funding we have seen directly has been the award that we got at Savannah River for some nuclear soil remediation. And, it was, I would say, we're less than $0.5 billion."
Continue reading Cramer on BloggingStocks: China's industrial focus helps lots of U.S. names
Posted Nov 10th 2009 10:00AM by Jim Cramer (RSS feed)
Filed under: Microsoft (MSFT), Apple Inc (AAPL), Cisco Systems (CSCO), Dell (DELL), Hewlett-Packard (HPQ), Intel (INTC), Home Depot (HD), Motorola (MOT), Market matters, International Business Machines (IBM), JPMorgan Chase (JPM), Goldman Sachs Group (GS), Lowe's Cos (LOW), Cypress Semiconductor (CY), Stocks to Buy, Cramer on BloggingStocks
TheStreet.com's Jim Cramer says that as numerous stories are mulled over anew, the reasons for selling seem silly. The lack of important data today forces market participants to revisit stories that got tossed out over the last few weeks simply because of earnings ennui. People are now doubling back to see what they have forgotten, or more important, why they sold certain stocks they most likely shouldn't have.
For example, why did JPMorgan (
JPM) (
Cramer's Take) go from $47 to $44? Bad loans? Credit quality? No, not really. Nothing like that. Why did Goldman Sachs (
GS) (
Cramer's Take) go from $192 to the $170s? Some of it was Meredith Whitney, but there is also a sense of entitlement that makes the firm hated, as if somehow it is too much of a pariah to invest in.
Continue reading Cramer on BloggingStocks: Investors are rethinking their snap judgments
Posted Nov 9th 2009 10:10AM by Jim Cramer (RSS feed)
Filed under: Market matters, Abbott Laboratories (ABT), Aetna Inc (AET), CIGNA Corp (CI), Gilead Sciences (GILD), Stocks to Buy, Cramer on BloggingStocks
TheStreet.com's Jim Cramer says the Senate is filled with more-savvy politicians, and the upside for beaten-down names is huge. Nancy Pelosi has now said her piece. The most unpopular Speaker of the House in the history of Wall Street has gotten her precious health care legislation through the House after ramming through a stimulus package that had far too little infrastructure and far too much pay raise for municipal and state workers, the most powerful interest group in the country.
But this time the Senate sees through it, and the politicians -- despite Pelosi's insistence that Tuesday's election went her way -- know better. There are pages after pages after pages in this bill that look threatening. But here's the rub: This bill's public option, the one that is supposed to be a killer to everything health care, should affect no more than 6 million people over a 10-year period, according to the Congressional Budget Office. In order to get 60 votes in the Senate, even that may prove to be too powerful an option.
Continue reading Cramer on BloggingStocks: Pelosi can't kill the health care sector
Posted Nov 5th 2009 9:30AM by Jim Cramer (RSS feed)
Filed under: Google (GOOG), Apple Inc (AAPL), Pfizer (PFE), Market matters, McDonald's (MCD), Caterpillar (CAT), Bristol-Myers Squibb (BMY), Chevron Corp (CVX), General Mills (GIS), Procter and Gamble (PG), Kimberly-Clark (KMB), Kohl's Corp (KSS), Polo Ralph Lauren'A' (RL), Stocks to Buy, Cramer on BloggingStocks
TheStreet.com's Jim Cramer says you can be bearish, but you have to admit when you're wrong. Oh boy, I hit a nerve. My last two days of donning the bear suit and imitating the bears has brought on a cacophony of critics, all of whom think that I am attacking them personally! That's right, they think I have read them, seen them and heard them and that I am spoofing them or making fun of them.
Moreover, they think that I am wildly bullish and that I am mocking them for not wanting to buy things here.
Continue reading Cramer on BloggingStocks: All I'm asking for is rigor
Posted Nov 3rd 2009 10:00AM by Jim Cramer (RSS feed)
Filed under: Market matters, Black and Decker (BDK), Cramer on BloggingStocks
TheStreet.com's Jim Cramer says opportunistic mergers help deliver value to shareholders during difficult times. The companies aren't oblivious to this difficult environment. It isn't just that they look at the futures and say, "Uh oh, here comes another bad one" -- the reaction we all feel today. No, it doesn't work like that. They realize that growth's been lowered worldwide and that they can't do it on their own because they don't have critical mass and they have to give up and get together with others in their industries to bring out value.
Black & Decker (NYSE:
BDK) (
Cramer's Take) and
Encore (NYSE:
EAC) (
Cramer's Take) came to this exact same conclusion at the same time. They just can't make more money for their shareholders independently than they can with other partners. With Encore settling for
Denbury's (NYSE:
DNR) (
Cramer's Take) bid and Black & Decker agreeing to be acquired by
Stanley Works (NYSE:
SWK) (
Cramer's Take), both are settling for about half of what their companies were worth two years ago. But the world has changed in two years, and a lot of the rosy scenarios that justified being independent have to be reconsidered.
Continue reading Cramer on BloggingStocks: Going it alone isn't always wise
Next Page »
Struggling Playboy outsources business ops
J. Crew earnings preview: A strong Q3 all buttoned up?
Twitter to make acquisitions, generate revenue in 2010
