New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 15, 2012
12:21 EDTQCOM, KO, C, GPRO, MAR, JPM, CSX, VOCS, LULU, MS, INTC, JNJ, FWLT, HOT, IP, GOOG, UBNT, FRT, GTLS, AXP, IBM, GS, TEO, WYN, WFC, WDC, NAT, HHC, SLBJim Cramer's "Mad Money"
Jim Cramer said earnings are likely to be terrific next week. He reminded investors that the headlines are often wrong when it comes to corporate earnings, and the devil is always in the details. Cramer still told viewers to use caution and only buy after they've had time to digest the conference calls. GAME PLAN: (Monday) Citigroup (C ) will be watched to see if that beleaguered bank has anything to say in the way of a dividend, a buyback or anything positive for shareholders. If not, look for the entire banking sector to be weak, he said. (Tuesday) Earnings from Goldman Sachs (GS), Johnson & Johnson (JNJ), Coca-Cola (KO), IBM (IBM) and Intel (INTC). Cramer was bearish on Goldman and J&J, but expected Coke, IBM and Intel to all have bullish things to say. (Wednesday) Cramer said to buy Qualcomm (QCOM) on weakness and also American Express (AXP). American Express always trades lower after earnings, he noted, which is a great time to buy. (Thursday) Earnings for Morgan Stanley (MS), Bank of America (BAC) and Microsoft (MSFT). Cramer said he'd be a buyer of Morgan Stanley if the Spanish bond auction takes the market down. He wasn't excited about BofA, but did express interest in Microsoft on a pullback. (Friday) Reporting: General Electric (GE), Under Armour (UA), Honeywell (HON), Kimberly-Clark (KMB) and Schlumberger (SLB). Cramer was bullish on all these names, except for Schlumberger, which he told investors to just listen to for the latest read on oil and natural gas prices. EXECUTIVE DECISION: Cramer sat down with Sam Thomas, chairman, president and CEO of Chart Industries (GTLS), a gas-to-liquids equipment maker whose shares are just off their 52-week high. Cramer remained bullish on the use of natural gas and on Chart Inds. Closing out his week-long series of world-class growth stocks, Cramer highlighted yoga-inspired apparel maker Lululemon Athletica (LULU), a stock that's just 3pts off its 52-week high. Cramer called Lulu a junior growth company still in the early phases of its expansion. The company is seeing 26% increases in its same-store sales and has a huge runway to expand its store count, as well as potential in its Ivivva children's concept, and more. The balance sheet is pristine, with no debt, and shares trade at just 35x next year's earnings, with a 30% growth rate. Cramer praised management's execution. HOMEWORK: Howard Hughes (HHC) is too expensive at 166x earnings. Cramer prefers Federal Realty Trust (FRT). Cramer was also not a fan of Vocus (VOCS), a cloud software provider that's too speculative. Ubiquiti Networks (UBNT) has run too much and needs to cool before Cramer would be a buyer. TWEETS: Cramer said he still likes Nordic American Tanker (NAT), but fears that railroad CSX (CSX) has too much coal exposure. Western Digital (WDC), Cramer said there is nothing proprietary at the company and he prefers Intel (INTC). NO HUDDLE OFFENSE: Cramer said the weak Chinese GDP means that country will have to engineer the soft landing that everyone wants. Cramer said he's not worried about bank stock earnings, he wants to see revenues, which are finally on the uptick. Cramer said he too was concerned over Google's (GOOG) disappointing results, but then he remembered that the stock trades for just 12.5x earnings, even less if you back out the company's cash on hand. Add it all up and Cramer said the markets were probably ripe for a little profit taking, but it's certainly nothing to panic about. CLOSING COMMENTS: Cramer said that he's still bullish on JPMorgan Chase (JPM) and would be a monster buyer if the stock falls below $40 a share. He was also bullish on Wells Fargo (WFC). LIGHTNING ROUND: (Bullish) IP; MAR; WYN; HOT. (Bearish) GPOR; TEO; FWLT. Reference Link
News For C;GS;JNJ;KO;IBM;INTC;QCOM;AXP;MS;SLB;GTLS;LULU;HHC;FRT;VOCS;NAT;UBNT;CSX;WDC;GOOG;JPM;WFC;IP;MAR;WYN;HOT;GPRO;TEO;FWLT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | all recent news | >>
April 6, 2015
12:22 EDTJPMJP Morgan April volatility up into Q1 and outlook
Subscribe for More Information
11:52 EDTGPROStocks with call strike movement; X GPRO
U.S. Steel (X) July 29 call option implied volatility increased 4% to 47, GoPro (GPRO) October 50 call option implied volatility decreased 2% to 47 according to IVolatility.
11:10 EDTQCOMNVIDIA reports favorable ITC ruling in patent fight with Qualcomm, Samsung
Subscribe for More Information
10:58 EDTWDCWestern Digital calls active on SanDisk speculation.
Western Digital (WDC) May 92 and 97 are active on 2,500 contracts versus 200 puts following a report by Susquehanna that speculates the company should consider an acquisition of SanDisk (SNDK). The firm believes Western Digital acquiring SanDisk's NAND supply and flash IP would be a transformational move for the company and a 35% premium, or $86 per share, purchase price for SanDisk would be accretive by year two.
10:53 EDTSLBSchlumberger EDC deal may get approval, Prime Business News Agency says
Subscribe for More Information
10:39 EDTINTC, QCOMQualcomm falls amid uncertainty about content in flagship Samsung phone
Subscribe for More Information
10:02 EDTQCOMOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AGCO (AGCO) downgraded to Sell from Hold at Deutsche Bank... CONSOL (CNX) downgraded to Hold from Buy at Deutsche Bank... Catamaran (CTRX) downgraded to Market Perform from Outperform at BMO Capital... Comerica (CMA) downgraded to Neutral from Buy at Guggenheim... Gannett (GCI) downgraded to Market Perform from Outperform at FBR Capital... Magnum Hunter (MHR) downgraded to Hold from Buy at Wunderlich... Qualcomm (QCOM) downgraded to Market Perform from Outperform at FBR Capital... Regions Financial (RF) downgraded to Neutral from Buy at Guggenheim... SAP (SAP) downgraded at Wells Fargo... Sanderson Farms (SAFM) downgraded to Underweight from Sector Weight at KeyBanc... Scorpio Tankers (STNG) downgraded to Neutral from Accumulate at Global Hunter... Simpson Manufacturing (SSD) downgraded to Neutral from Buy at DA Davidson... Skyworks (SWKS) downgraded at Stephens... TripAdvisor (TRIP) downgraded to Hold from Buy at Needham... Western Union (WU) downgraded to Neutral from Positive at Susquehanna... Zillow Group (Z) downgraded to Equal Weight from Overweight at Barclays.
09:56 EDTGOOGGoogle in talks with Hutchison for cheaper overseas calls, Telegraph reports
Subscribe for More Information
09:36 EDTJNJ, GOOGActive equity options trading on open
Subscribe for More Information
09:22 EDTQCOMOn The Fly: Pre-market Movers
HIGHER: Uniqure (QURE), up 44.2% following strategic collaboration with Bristol-Myers (BMY)... Cytori Therapeutics (CYTX), up 22.4% after Lorem Vascular receives regulatory clearance in China... Curis (CRIS), up 8.5% after FDA grants orphan drug designation to CUDC-907 for the treatment of Diffuse Large B-Cell Lymphoma... Capnia (CAPN), up 5.9% after being awarded a $220,000 NIH grant... Tesla (TSLA), up 3.8% after reporting first quarter deliveries up 55% to 10,030 cars... Ariad (ARIA), up 3.4% following approval of Iclusig in Canada... Lumber Liquidators (LL), up 3.1% after being upgraded to Outperform from Market Perform at Raymond James. LOWER: Magnum Hunter (MHR), down 8.9% after being downgraded to Hold from Buy at Wunderlich... Herbalife (HLF), down following CNBC report that federal law enforcement agencies contacted the company regarding its business practices... Qualcomm (QCOM), down 2.2% following a Wall Street Journal report that the Samsung (SSNLF) Galaxy S6 did not have a Qualcomm LTE modem... Skyworks (SWKS), down 2.1% after being downgraded to Equal Weight from Overweight at Stephens.
09:09 EDTQCOMQualcomm trades lower in pre-market
The stock is down more than 2.4% at time of writing to $66.31 following an WSJ article that noted the Samsung Galaxy S6 did not use a Qualcomm-developed wireless modem. Next support is at $65.68.
08:33 EDTWDCWestern Digital acquisition of SanDisk would be compelling, says Susquehanna
Subscribe for More Information
08:26 EDTGPROAmbarella checks positive, says Pacific Crest
After conducting checks on GoPro (GPRO), Pacific Crest raised its estimates for Ambarella (AMBA) and increased its price target on the name to $78 from $76. The firm says that Ambarella's stock has risen on optimism about the outlook for Xiaomi's Yi action camera targeted at the Chinese market. Pacific Crest adds that early data points for Yi are positive, but that it is too early to determine whether the product will be successful, although retailers are selling the product for prices 40%-50% above the listed price. Pacific Crest remains upbeat on Ambarella and keeps an Outperform rating on the shares.
06:45 EDTQCOMQualcomm downgraded to Market Perform from Outperform at FBR Capital
FBR Capital downgraded Qualcomm (QCOM) to Market Perform, removed the stock from its Top Picks list and dropped its price target for shares to $72 from $80. FBR said the moves were prompted by a posting on AT&T's (T) website which said the carrier’s version of the GS6 smarphone is powered by the Samsung Exynos 7420 processor with a Shannon 333 modem as opposed to Qualcomm's Snapdragon platform. FBR still expects the Verizon (VZ) and Sprint (S) GS6 versions to sport Qualcomm modems, but it believes the change at AT&T signals Samsung’s "clear intent to utilize proprietary baseband whenever and wherever possible." Shares of chip maker Qualcomm closed Thursday down $1.46 to $67.97.
06:32 EDTGOOGGoogle Ventures-backed Buttercoin to shut down
Subscribe for More Information
06:21 EDTJNJJohnson & Johnson CEO comments on Asia expansion, WSJ reports
Subscribe for More Information
06:07 EDTQCOMSamsung uses internally developed wireless modem in Galaxy S6, WSJ reports
Subscribe for More Information
05:54 EDTGOOGYouTube planning advertising campaign aimed at Canada, Globe and Mail says
Subscribe for More Information
April 5, 2015
16:56 EDTGOOGEU considers major probe into Internet platforms, WSJ says
Subscribe for More Information
14:32 EDTGOOGAntitrust suit against Google over Android app limits dropped, Reuters says
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use