|
|
News Breaks | | | | March 12, 2012 | | 21:36 EDT |  | AAPL, KMP, RIG, SE, ETP, MSFT, ABT, KLAC, SAP, HPQ, AEC, CLH, DWRE, YELP, GRPN, UA, CMG, S | Jim Cramer's "Mad Money"
Many bears complain that the markets have risen too far, too fast. However, Jim Cramer reminded viewers that stocks are still cheap when compared to various other points in history. Cramer put Apple's (AAPL) parabolic rise into context. He divided its share price by ten. Using that arithmetic, Apple was a $40 stock that's risen to $55. "That's not a big move," declared Cramer. Apple still has a P/E ratio of just 13x, while the average stock in the S&P 500 is trading at 14x. He also compared Apple to similar high-growth names, like Chipotle Mexican Grill (CMG) and Under Armour (UA). Both of these stocks have price earnings multiples of 40x. Cramer also discounted fears about the retail sector, noting that job growth trumps any rise in gasoline prices and will keep this sector humming along. His only true worry are the transports. But even here, a case can be made that weak coal demand is hurting the rails while higher fuel prices is crimping the airlines. Cramer said that stocks will slip and slide from time to time, but added that if investors get too negative, they will miss brilliant moves by Apple and others. KNOW YOUR IPO: Cramer said unlike Groupon (GRPN) and Yelp (YELP), average investors can actually get shares of the Demandware (DWRE) IPO, and the company actually has a good subscription based business model to boot. Demandware expects to come public trading around 5.5x its sales, but Cramer said the company deserves a premium multiple around 7x sales given its potential for growth. That would make Demandware IPO shares a steal up to $16 a share. EXECUTIVE DECISION: Cramer once again welcomed Alan McKim, president and CEO of Clean Harbors (CLH), which is in the business of making dirty industries cleaner. The company on Feb. 22 beat earnings by 24c on higher revenue and raised full-year guidance. McKim was bullish on Clean Harbors' outlook on the manufacturing sector. Cramer continued his recommendation. Cramer also spoke with Jeffrey Friedman, chairman, president and CEO of Associated Estates Realty (AEC), an apartment real estate REIT that operates 52 apartment properties in 8 states and has a 4% dividend yield. Friedman was all to eager to offer a different perspective to Cramer's recent pan of the entire apartment REIT sector. Cramer said he was wrong to put the entire sector into the same boat. He said that Associated Estates has a good yield and good growth, and the apartment REITs should be considered on a company by company basis. NO HUDDLE OFFENSE: Cramer said he sees no area where Hewlett-Packard (HPQ) has a dominant position, except maybe in printers. But even there, customers would love to be freed from confusing, over-priced ink cartridge refills. Cramer said he seeing rivals like SAP (SAP) cherry-picking HP's consulting business, while Apple continues to dominate in phones, tablets, notebooks and desktops. LIGHTNING ROUND: (Bullish) KLAC; ABT; MSFT; ETP; SE. (Bearish) RIG; KMP; S. Reference Link | |
|
News For AAPL;CMG;UA;GRPN;YELP;DWRE;CLH;AEC;HPQ;SAP;KLAC;ABT;MSFT;ETP;SE;RIG;KMP;S From The Last 14 Days Check below for free stories on AAPL;CMG;UA;GRPN;YELP;DWRE;CLH;AEC;HPQ;SAP;KLAC;ABT;MSFT;ETP;SE;RIG;KMP;S the last two weeks. |
|
|
| May 25, 2013 | | 11:26 EDT |  | HPQ | Hewlett-Packard turnaround is 'iffy' but can't get worse, Barron's says
 Subscribe for More Information | | | May 24, 2013 | | 16:00 EDT |  | HPQ, AAPL | Options Update; May 24, 2013
Subscribe for More Information | | | 14:07 EDT |  | HPQ, MSFT | Market poised to end week lower following Fed, China data
Subscribe for More Information | | | 12:27 EDT | | MSFT | Microsoft to look to sell 25M additional Xbox 360s, The Verge reports
Subscribe for More Information | | | 11:58 EDT | | HPQ | Options with decreasing implied volatility: ARNA ANF QIHU HPQ
Subscribe for More Information | | | 11:48 EDT | | SAP | SAP ends talks to acquire Jive Software, Bloomberg says
Subscribe for More Information | | | 11:44 EDT | | KMP | Kinder Morgan drawing little interest for Freedom pipeline, WSJ says
Subscribe for More Information | | | 11:37 EDT | | SAP | Jive Software jumps 8% after Bloomberg says SAP had consider buyout
Subscribe for More Information | | | 11:35 EDT | | SAP | SAP has ended talks to purchase Jive Software in recent weeks, Bloomberg says
| | | 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 | | | 09:43 EDT | | AAPL | Active equity option families trading
Subscribe for More Information | | | 09:28 EDT |  | S | DISH looking to develop broadband service, says Wells Fargo
After DISH (DISH) agreed to develop a fixed-mobile broadband service with nTelos (NTLS), Wells Fargo does not believe that DISH is looking to build a network. Rather, the firm thinks that DISH is looking to build a broadband service that is likely to operate on Sprint's (S) spectrum. The firm views the nTelos deal positively as it gives DISH a head start in developing a broadband offering in case it acquires Sprint. The firm keeps an Outperform rating on Sprint. | | | 08:56 EDT | | MSFT | Microsoft to receive percentage cut of Xbox One pre-owned sales, MCV says
Subscribe for More Information | | | 08:11 EDT | | HPQ | Hewlett-Packard names Jim Murrin treasurer
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 | | | 06:10 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 | | |
|
|
|
|
|
|
