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Stock Market & Financial Investment News

News Breaks
April 15, 2012
12:21 EDTJPM, CSX, VOCS, LULU, MS, INTC, JNJ, FWLT, HOT, IP, GOOG, UBNT, FRT, GTLS, AXP, IBM, GS, TEO, WYN, WFC, WDC, NAT, HHC, SLB, QCOM, KO, C, GPRO, MARJim 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
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January 12, 2015
08:29 EDTMSMorgan Stanley downgraded at JMP Securities
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08:22 EDTJPM, CCiti may have more to gain than JPMorgan from break-up, WSJ says
Analysts have suggested that JPMorgan (JPM) could unlock investor value by breaking-up, but a Citigroup (C) break-up, while complicated, could be more compelling, according to The Wall Street Journal's "Heard on the Street" column. Reference Link
08:21 EDTGOOGApple poised to gain market share, says JMP Securities
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08:08 EDTLULUlululemon upgraded to Neutral from Underperform at Sterne Agee
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08:02 EDTGOOGGoogle shares undervalued, says Bernstein
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07:52 EDTIBMIBM to undertake biggest re-organization in company history, Register says
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07:52 EDTIBMIBM price target lowered to $130 from $144 at Jefferies
Jefferies lowered its price target for IBM shares to $130 after cutting its estimates to reflect the strengthening of the dollar against almost every other major currency worldwide since the tech giant reported Q3 results. Jefferies believes consensus estimates for IBM need to come down as the company deals with enterprises increasingly allocating investments away from traditional Software and IT Outsourcing toward investments in Cloud, Mobile and and Social initiatives. The firm reiterates an Underperform rating on IBM.
07:41 EDTJPM, CLarge banks' weakness creates attractive entry point, says Wells Fargo
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07:38 EDTMSMorgan Stanley downgraded to Market Perform from Outperform at JMP Securities
07:38 EDTGOOGGoogle downgraded to Neutral from Overweight at Atlantic Equities
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07:35 EDTLULU, IBM, AXP, INTCNational Retail Federation to hold a trade show
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07:21 EDTJNJEBD Group to hold a conference
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07:10 EDTFWLTFoster Wheeler to host special shareholder meeting
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07:01 EDTLULUlululemon now sees Q4 net revenue $595M-$600M, consensus $583.89M
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07:01 EDTINTCIntel January volatility elevated into Q4 and outlook
Intel January call option implied volatility is at 47, February is at 28, April is at 27; compared to its 26-week average of 23 according to Track Data, suggesting larger near term price movement into the expected release of Q4 results on January 15.
06:46 EDTGOOGGoogle downgraded to Neutral from Overweight at Atlantic Equities
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06:44 EDTINTCIntel shares could trade higher near-term, says Citigroup
Citigroup says shares of Intel (INTC) could move higher over the near-term given the high short interest in the name and likely above guidance earnings results. Citi says its channel checks indicate the PC market remains stable and that Intel continues to gain share from AMD (AMD). The firm keeps a Neutral rating on Intel, however, pointing out its 2015 estimates remain below consensus.
06:35 EDTAXPObama to press for law requiring disclosure of hacking, NY Times says
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06:14 EDTGSBrennan Investment, Goldman Sachs acquire industrial portfolio
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05:51 EDTSLBSchlumberger downgraded to Neutral from Buy at Goldman
Goldman Sachs downgraded Schlumberger to Neutral from Buy saying it now expects global exploration and production spending to be down about 15% in 2015, pressuring the company's earnings. Goldman cut its price target for shares to $76 from $90. Shares of the drilling servicer closed Friday down $1.48 to $81.22.
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