News Breaks |
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| October 23, 2012 |
| 04:45 EDT |  | PII, CTSH, ACN, LGF, HIG, AET, BGS, DELL, BRKB, UNH, CMG, CAT, MLNX, GOOG, VFC, LRCX | Jim Cramer's "Mad Money"
Jim Cramer said the roller-coaster action investors are seeing in some stocks has nothing to do with a company's revenue or earnings, but rather with the expectations management has set going into the quarter. Case in point: Caterpillar (CAT), which reported hideous results with an outlook to match, but the shares rallied. Why? Because for the first time in ages Caterpillar management did not say "things were getting better" when they clearly aren't. Another stock, Lam Research (LRCX), has been one of the worst performers of the year, said Cramer, but when the company didn't slash estimates, it, too, was able to rally as investors' expectations were expecting the worst. Then, when Google (GOOG) missed on several key metrics, the stock got pummeled because investors were expecting another blowout and were totally unprepared for bad news. Other companies suffering the expectation game include Chipotle Mexican Grill (CMG), VF Corp (VFC) and Mellanox Technologies (MLNX). Mellanox got slammed from a high to $120 a share to just $75 a share after the company also set expectations far too high. EXECUTIVE DECISION: Cramer spoke with Scott Wine, CEO of Polaris Industries (PII), which delivered a 13c earnings beat on a strong 20% rise in revenue. Shares of Polaris are up 32% since Cramer first featured the company in January. Wine credited innovation for Polaris' strong results. He said the company spends 4% of revenue on innovation, which has yielded a strong pipeline of new products. Cramer said Polaris continues to deliver for shareholders and he remains bullish on the stock. Cramer also spoke with Jack Hartung, CFO of Chipotle Mexican Grill (CMG), a stock down over 200 points after the company reported two disappointing quarters in a row with single-digit same-store sales growth. Hartung said Chipotle continues to see value in its stock price, which is why the company is opportunistically buying shares. Hartung said Chipotle is still delivering pretty good results considering the U.S. economy. Most of the company's declines are from food price inflation and not from customers dining any less. Cramer said that while Chipotle has clearly lost its momentum, at just 22x earnings, the stock is once again representing a real value. Lastly, Cramer sat down with David Wenner, president and CEO of B&G Foods (BGS), a stock with a 4% yield that's up 5% since Cramer last spoke with Wenner in July. Wenner said that unlike many food companies, B&G is not adversely affected for most of its products at the moment. Cramer reiterated his buy on B&G. LIGHTNING ROUND: (Bullish) LGF; UNH; AET; ACN; BRK.B; HIG. (Bearish) CTSH; DELL. Reference Link |
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News For CAT;LRCX;GOOG;CMG;VFC;MLNX;PII;BGS;LGF;UNH;AET;ACN;BRKB;HIG;CTSH;DELL From The Last 14 Days Check below for free stories on CAT;LRCX;GOOG;CMG;VFC;MLNX;PII;BGS;LGF;UNH;AET;ACN;BRKB;HIG;CTSH;DELL the last two weeks. |
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| May 23, 2013 |
| 17:54 EDT |  | GOOG | Google loses bid to block imports of Xbox One, Bloomberg says
The ITC ruled that Microsoft's (MSFT) new Xbox One does not infringe patents held by Google's (GOOG) Motorola Mobility unit, preventing Google from getting imports of Xbox One to the U.S. blocked, reports Bloomberg. Reference Link |
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| 17:11 EDT | | GOOG | Google loses bid to block U.S. imports of Microsoft's Xbox, Bloomberg reports
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| 17:11 EDT | | GOOG | Google facing new antitrust probe from FTC, Bloomberg says
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| 16:01 EDT |  | GOOG | VIX methodology for Google up 5% to 22.88, will face antitrust probe
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| 16:00 EDT | | GOOG | Options Update; May 23, 2013
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| 15:58 EDT | | GOOG | Google facing new FTC probe over display ad practices, Bloomberg says
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| 12:52 EDT | | GOOG | Google cuts data storage prices
Google earlier today announced that it was reducing its Google App Engine data storage prices by up to 25%. Reference Link |
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| 10:10 EDT | | GOOG | Google Glass reportedly to use Samsung OLED displays, SlashGear says
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| 09:37 EDT | | GOOG | Active equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL NFLX GOOG HPQ |
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| 08:10 EDT | | GOOG | Google's Schmidt defends taxes in U.K., FT reports
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| 06:41 EDT |  | CMG | Chipotle coverage assumed with a Neutral at Credit Suisse
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| 05:45 EDT | | GOOG | Big companies remove subsidiaries based on SEC disclosure rules, WSJ reports
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| May 22, 2013 |
| 16:00 EDT | | GOOG | Options Update; May 22, 2013
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| 14:27 EDT | | GOOG | comScore says Google Sites lead April U.S. online video rankings
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| 14:06 EDT | | GOOG | Google’s X Phone confirmed for Sprint, BGR says
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| 11:34 EDT |  | LRCX | Lam Research downgraded to Hold from Buy at Standpoint Research
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| 09:42 EDT |  | CAT | Senate Committee on Foreign Relations to hold a hearing
The Committee holds a hearing entitled, "Different Perspectives on International Development" with Director of International Governmental Affairs Lane of Caterpillar (CAT) on May 22 at 10:30 am. Webcast Link |
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| 09:39 EDT | | GOOG | Active equity option families trading
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| 07:24 EDT | | DELL | NetEvents International to host a summit
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| 07:21 EDT | | ACN | MIT Sloan Alumni Club of Boston to hold a symposium
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