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News Breaks | | | | April 15, 2012 | | 12:21 EDT |  | QCOM, 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, SLB | Jim 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 | |
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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 Check below for free stories on 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 the last two weeks. |
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| May 21, 2013 | | 17:03 EDT | | GS | Merck announces $5B share repurchase
 Subscribe for More Information | | | 16:26 EDT |  | JPM | On The Fly: Closing Wrap
Subscribe for More Information | | | 13:08 EDT |  | INTC | Intel CEO creates 'new devices' group, Reuters reports
Subscribe for More Information | | | 12:36 EDT | | JPM | On The Fly: Midday Wrap
Subscribe for More Information | | | 11:47 EDT | | JPM | JPMorgan holders vote to keep Dimon as Chairman, CEO
Subscribe for More Information | | | 11:09 EDT | | JPM | JPMorgan's Raymond says 'stay tuned' on composition of risk committee
Subscribe for More Information | | | 11:03 EDT | | JPM | JPMorgan's Dimon says more regulatory consent orders expected
Subscribe for More Information | | | 10:42 EDT |  | GOOG | Google tests support at $900, levels to watch
The shares have had an amazing run-up over the last month, gaining nearly 14% in the process. Today, support at the $900 level is being tested with shares having broken that level to reach $897.61 and then bouncing slightly back above $900. If the stock can close back above $900 today, it will have passed the first test of support at this area. If it fails to do so, it could give bears in the stock an opportunity to sell and chase out longs in the name. First support today is at the session low at $897.61. Resistance is at $903.87. | | | 09:42 EDT |  | C | Active equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL HD MCP ABX TSLA C | | | 09:33 EDT |  | GS | Bloomberg LINK to host a summit
Subscribe for More Information | | | | 09:10 EDT |  | WDC | Western Digital price target raised to $68 from $58 at Lazard Capital
Subscribe for More Information | | | 09:03 EDT | | JPM | JPMorgan CEO looks set to hold onto chairman role, NY Times reports
Preliminary votes indicate JPMorgan CEO Jamie Dimon will hold onto his title of chairman, New York Times reports, citing people who have seen today's shareholder vote results. Reference Link | | | 07:32 EDT | | JPM | JPMorgan's Mowat likes India among emerging market stocks, Economic Times says
Subscribe for More Information | | | 07:32 EDT | | QCOM | CTIA–The Wireless Association to host a conference
Subscribe for More Information | | | 07:26 EDT | | WFC | Barclays to host a conference
Subscribe for More Information | | | 07:24 EDT | | JNJ | Global Health Care to host a conference
Subscribe for More Information | | | 07:23 EDT | | CSX | Wolfe Trahan to host a conference
6th Annual Global Transportation Conference is being held in New York and will begin with dinner meetings on May 21 at 5:30 pm, followed by company presentations on May 22-23. | | | 07:16 EDT | | FWLT | Johnson Rice to host a conference
Subscribe for More Information | | | 07:13 EDT | | WFC, GS, MS, C, JPM | U.S. bank mergers less likely this year, Bloomberg reports
Subscribe for More Information | | | 07:12 EDT | | GS, MS | Credit Suisse now second largest Asia prime broker, Reuters reports
The Asian prime brokerage unit of Credit Suisse (CS) replaced Morgan Stanley (MS) as the second largest firm servicing the region's $148B hedge funds industry, according to a survey by AsiaHedge. Goldman Sachs (GS) remains Asia's top prime broker with 179 clients and total assets under management of $24.6B, reports Reuters.Reference Link | | |
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