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News Breaks | | | | March 5, 2012 | | 21:30 EDT |  | DD, NAV, TECD, WPRT, ASNA, CLNE, GM, BBBY, AA, AAPL, HNZ, PEP, NOV | Jim Cramer's "Mad Money"
Jim Cramer told viewers that while the health of the Chinese economy is a factor for U.S. stocks, the recent weakness is a blessing in disguise, giving some of our overblown stocks a chance to rest and recharge. Cramer said that while China is important, U.S. markets are strong enough now that they no longer have to follow the Chinese in lock-step. "If oil calms down, the Chinese can engineer a soft landing," he said. So which stocks will be most affected by China? Cramer said the materials stocks, like Alcoa (AA), will continue to be weak, as will the oil stocks, led by National Oilwell Varco (NOV) which has cratered 8% in the past two weeks. But on the plus side, Cramer said opportunities are being created in the defensive stocks, names like Heinz (HNZ) and also the drug stocks. Cramer said he likes Bed Bath and Beyond (BBBY) and Pepsico (PEP) on weakness. Cramer said the tech sector likely won't rally without the help of Apple (AAPL). But with Apple scheduling a product announcement on Wednesday, even the tech sector should be ready to rally again by mid-week. Next, Cramer said when people think of DuPont (DD), they see a big industrial conglomerate, but in reality, DuPont is the world's second largest chemical company which has its hands in everything from agriculture to personal safety products. DuPont's agriculture division will introduce 154 new corn products this year alone. It's performance chemicals business is also on fire. DuPont also has emerging market exposure. DuPont shares trade at a scant 11x earnings,below the average S&P 500 multiple of 14x. Cramer said the shares deserve a higher multiple. WHAT THE HECK: Ascena Retail Group (ASNA) is the new name of Dress Barn, which now includes the Maurice's and Justice store chains. This all-but-forgotten retail stock shocked analysts with a 16c earnings beat on a 14% rise in revenues, and a raise in guidance. Shares are up 38% so far this year and over 53% since Cramer last spoke to the company's CEO just six months ago. Trading at just 13x earnings with a 15% growth rate, Ascena shares are a steal and are worthy of a place in every investor's portfolio, Cramer said. EXECUTIVE DECISION: Cramer spoke with Robert Dutkowsky, CEO of Tech Data (TECD). Dutkowsky said that Tech Data just had the best Q4 in 11 years, with strength across the board. The company continues to be bullish about tech spending in Europe. Tech Data is now focused on the hottest areas of technology, such as data centers and cloud computing. Cramer said there are two takeaways from Tech Data. First, technology spending is still strong and second, this is one cheap stock. NO HUDDLE OFFENSE: Cramer proclaimed that the natural gas revolution is here, thanks in part to the General Motors (GM) announcement of a natural gas powered Chevy pickup. Cramer continued to be bullish on Westport Innovations (WPRT), Navistar (NAV) and Clean Energy Fuels (CLNE). Reference Link | |
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News For AA;NOV;HNZ;BBBY;PEP;AAPL;DD;ASNA;TECD;GM;WPRT;NAV;CLNE From The Last 14 Days Check below for free stories on AA;NOV;HNZ;BBBY;PEP;AAPL;DD;ASNA;TECD;GM;WPRT;NAV;CLNE the last two weeks. |
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| May 24, 2013 | | 16:00 EDT |  | AAPL | Options Update; May 24, 2013
 Subscribe for More Information | | | 11:22 EDT |  | AAPL | Best Buy to cut iPhone prices, AllThingsD says
Subscribe for More Information | | | 10:40 EDT | | AAPL | Apple's iOS to become flatter, more black and white, 9to5Mac says
Subscribe for More Information | | | 09:49 EDT | | HNZ | Heinz receives Chinese regulatory approval for acquisition of Heinz by Berkshire
Heinz (HNZ) announced that it has received regulatory approval from the Chinese Ministry of Commerce for the acquisition of Heinz by an investment consortium comprised of Berkshire Hathaway (BRK.A) and an investment fund affiliated with 3G Capital. The transaction remains subject to certain customary closing conditions, including receipt of certain remaining regulatory approvals, and is now expected to close in early- to mid-June. Heinz has received antitrust clearance in the United States, Brazil, India, South Korea, Japan, Israel, Mexico, South Africa and Ukraine, and other regulatory approvals in Russia, New Zealand and Ireland. The Company is waiting for antitrust clearance in the European Union and Russia. The merger agreement between the parties was first announced on February 14 and was overwhelmingly approved by Heinz shareholders on April 30. | | | 09:43 EDT | | AAPL | Active equity option families trading
Subscribe for More Information | | | 07:49 EDT | | AAPL | Rumors of Google interest in Waze unfounded, TechCrunch says
After Bloomberg, citing "people familiar with the matter," said Google (GOOG) is considering a bid for map and traffic app maker Waze, TechCrunch countered that multiple credible sources it contacted "have poured cold water on the Google rumor." Facebook (FB) and Apple (AAPL) have previously been suggested as expressing interest in Waze, but the Bloomberg report said Apple was not among the "large tech companies” that have recently approached Waze, TechCrunch noted. Reference Link | | | 07:11 EDT | | AAPL | Apple nearly tax free in Ireland since 1980, Reuters reports
Subscribe for More Information | | | 06:31 EDT | | GM | Chevrolet selling Cruze Clean Turbo Diesel in U.S., Detroit News says
Subscribe for More Information | | | 06:10 EDT | | AAPL | On the Fly: Periodicals Wrap-Up
Subscribe for More Information | | | 06:05 EDT | | AAPL | FDA targets IPhone urinalysis app, Bloomberg reports
Subscribe for More Information | | | | May 23, 2013 | | 19:50 EDT | | AAPL | Apple faces potential setback in e-books case, WSJ reports
Subscribe for More Information | | | 16:00 EDT | | AAPL | Options Update; May 23, 2013
Subscribe for More Information | | | 13:16 EDT | | GM | GM to sell electric vehicle for less than $20,000, Automotive News says
GM (GM) will sell its Chevrolet Spark, a small electric vehicle, for less than $20,000 after a $7,500 federal tax credit is applied, according to Automotive News. The company will sell the vehicle in some markets in California and Oregon by the middle of next month, the website quoted the company as saying. Reference Link | | | 10:08 EDT |  | DD | On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Blue Nile (NILE) downgraded to Sector Perform from Outperform at RBC Capital... Devon Energy (DVN) downgraded to Neutral from Overweight at JPMorgan... Fabrinet (FN) downgraded to Hold from Buy at Deutsche Bank... Flextronics (FLEX) downgraded to Hold from Buy at Deutsche Bank... Patterson-UTI Energy (PTEN) downgraded to Sell from Neutral at Goldman... Prosperity Bancshares (PB) downgraded to Market Perform at BMO Capital... Realty Income (O) downgraded to Sell from Neutral at Goldman... ReneSola (SOL) downgraded to Underperform from Neutral at Credit Suisse... Sanmina (SANM) downgraded to Sell from Hold at Deutsche Bank... Multiband (MBND) downgraded to Market Perform from Outperform at Northland Securities... DuPont (DD) downgraded to Sell from Hold at BGC Partners... Bank of the Ozarks (OZRK) downgraded to Neutral from Buy at Sterne Agee... Comerica (CMA) downgraded to Negative from Neutral at Susquehanna. | | | 09:59 EDT | | AAPL | Analyst: Apple won't launch computerized watch until late 2014, BGR says
Subscribe for More Information | | | 09:37 EDT | | AAPL | Active equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL NFLX GOOG HPQ | | | 09:25 EDT | | AAPL | Samsung's Galaxy S4 reaches 10M channel sales
Samsung Electronics announced that global channel sales of its GALAXY S4 has surpassed 10M units sold in less than one month after its commercial debut. Launched globally on April 27 in 60 countries, the phone is estimated to be selling at a rate of four units per second. | | | 08:39 EDT | | DD | DuPont downgraded to Sell from Hold at BGC Partners
Subscribe for More Information | | | 07:11 EDT | | AAPL | EU's Barnier wants big companies to disclose national tax bills, Reuters reports
Subscribe for More Information | | | 06:08 EDT | | AAPL | On the Fly: Periodicals Wrap-Up
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