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February 13, 2012
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| 23:58 EDT |  | MHR |
| theflyonthewall.com: | Jim Cramer's "Mad Money" | | Jim Cramer said with interest rates making stocks far more attractive than bonds and those rates likely to stay put for years, it would be foolish to pass up the great opportunities stocks are offering simply because investors are worried over things that may or may not happen. Cramer said for stocks like Apple (AAPL) or Pfizer (PFE) or Caterpillar (CAT), all of these issues simply aren't issues and aren't something investors need to be concerned with at a time when stocks are historically cheap. Cramer says, Dell (DELL) is now out of his 'doghouse'. and its now one of the hottest tech turnaround stories. He's pounding the table, recommending Dell," he proclaimed. The company has dramatically lowered costs for its desktop and laptop PCs by 30%. Dell has streamlinined its operations and reducing the size of its supply chain. But the real story is in enterprise, where Dell has made over 17 acquisitions and is now selling its own brand of storage and networking products at dramatically higher margins. Cramer said in this quarter, Dell should deliver an upside surprise. Shares are also ridiculously cheap, said Cramer, trading at just 8.7x earnings with a 5% growth rate. He also praised the company's massive stock buyback program. Continuing with his canine theme, Cramer said there's one stock that is certainly a portfolio's best friend, and that's Petsmart (PETM), the industry leader in pet supplies with a 15% market share thanks to a network of over 1,200 locations in the U.S. and Canada. The company is taking full advantage of the move towards healthy, all-natural pet foods and products. Petsmart is also going all in on pet services as well, offering not only grooming but also a high-end chain of boarding facilities that now totals over 450 locations. Cramer said that Petsmart also has a solid balance sheet. Trading at 18x earnings with the 16% growth rate, Cramer said the stock is not expensive, although he wouldn't chase it at these levels. EXECUTIVE DECISION: Cramer spoke with Gary Evans, chairman and CEO of Magnum Hunter Resources (MHR), a small oil and gas driller with acreage in the Bakken, Eagleford and Marcellus shale regions of the countries. Magnum is growing like crazy, said Cramer, with production up 455% last quarter and proven reserves up 44% over the past six months alone. Cramer said that Magnum, while still small and speculative, is really terrific. He urged viewers to use limit orders when buying in. NO HUDDLE OFFENSE: Cramer said that the move in Apple (AAPL) is all about earnings. He Apple deserves to trade at $550 a share based on its earnings alone, as it is expected to earn $5.50 a share in earnings, yet still trades at less than 10x those earnings. LIGHTNING ROUND: (Bullish) TSM; PX; ARG; MCD; SCCO. (Bearish) S. Reference Link :theflyonthewall.com |
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February 9, 2012
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| 23:16 EDT | | MHR |
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