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May 30, 2012
Jim Cramer told his "Mad Money" viewers Wednesday they'd better avoid stocks steeped in high drama and stick with those boring names that simply make you money. Case in point, Research In Motion (RIMM has seen the love affair with its users wither and die. Cramer said after years of under-investing in new technology and a string of service outages, RIM is now in a tailspin from which few companies ever recover. The possibility of a takeover is promising, but he fundamentals are in decline, Cramer concluded. Another high-drama stock is Facebook (FB), which hit a new low again Wednesday. Cramer said investors need to wait for at least a full quarter of results from the company or for the lockup period to expire to really know how low this stock can go. Finally, there's Morgan Stanley (MS). which is a constant battle between the bulls and the bears. Cramer questions if the balance sheet is OK? And if ratings cuts are looming based on European exposure. Cramer said with so many betting against this firm, it's simply too hard to call. Cramer said that Instead of these high-drama names, investors should consider Verizon (VZ), a wireless company that sells all types of handsets, not just one. They should also consider Apple (AAPL), which offers a low multiple and high growth as well as products that continue to dazzle. In the banking sector, Cramer gave the nod to Wells Fargo (WFC), a far safer and less dramatic alternative to Morgan Stanley.EXECUTIVE DECISION: Cramer sat down with David Wenner, president and CEO of B&G Foods (BGS), a stock that's up 95% since Cramer first recommended it in October 2010. Shares of B&G rose 83% last year and currently sport a 4.6% dividend yield. Wenner said B&G is up to the challenge with all its acquisitions and the company's balance sheet remains in great shape. Wenner noted that B&G's acquisitions are always accretive to earnings. B&G is in a rare position of not having a lot of commodity exposure, and the company hedges its bets when necessary. Cramer continued his recommendation of B&G Foods as a great, non-European stock for investors' portfolios. In a turbulent market, investors need dividend protection, Cramer said, unveiling a new group of "Dividend Royalty" stocks that fit that bill perfectly. He reminded viewers that nearly 40% of all the gains from the S&P's 500 come from reinvested dividends, which makes a strong, diversified dividend portfolio one that's worthwhile to have. Cramer said he chose these five names from a list of companies that have raised their dividend every year since 1980. After accounting for diversification, these stocks rose to the top of the list: ConEd (ED), Sherwin-Williams (SHW), Abbott Labs (ABT), pepsico (PEP), Target (TGT). LIGHTNING ROUND: (Bullish) AIG; BUD; AMRN; WWW. (Bearish) QCOM; CTRP; HIG; SFL; MPO. Reference Link
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July 13, 2015
09:16 EDTAAPLSusquehanna comfortable buying Apple, NXP Semiconductors ahead of earnings
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09:16 EDTMSNationstar hires Steve Covington as Chief Compliance Officer
Nationstar Mortgage Holdings (NSM) announced the hiring of Steve Covington as Chief Compliance Officer and Tony Ebers as EVP of Originations. Covington brings more than 20 years of senior leadership experience in risk management and compliance in the mortgage industry where he most recently served as Executive Director of Morgan Stanley’s (MS) residential mortgage risk management unit.
09:02 EDTAAPLApple outlook still positive, says Cantor
Noting that Apple's stock has dropped over the past couple of weeks, Cantor blames the retreat on the sharp sell-off in China's stock market, a sloppy tech tape and concerns regarding Apple Watch. However, the firm thinks the company's momentum in China will not be derailed by the stock market retreat, while supply issues have restrained sales of the Apple Watch. The firm believes that Apple Watch will be the top gift this holiday season. It keeps a $195 price target and Buy rating on the shares.
09:02 EDTBGSB&G Foods acquires Spartan Foods of America for approx. $50M in cash
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08:47 EDTAAPLSkyworks should be bought ahead of earnings, says Pacific Crest
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07:48 EDTAAPLApple July volatility elevated into Q2 and outlook
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07:44 EDTAAPLHSBC to launch Apple Pay in UK on Tuesday, 9to5Mac reports
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07:24 EDTHIGUBS likes Hartford Financial, RenaissanceRe ahead of earnings
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07:18 EDTAAPLChina jitters won't impact Apple results yet but long-term test remains, FT says
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07:06 EDTAAPLApple Watch U.S. sales 3.04M through July 10, MacRumors reports
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06:51 EDTWFC, MSU.S. banks prepare for higher loan losses, Reuters reports
U.S. banks might begin preparing for higher loan losses in the coming quarters after falling oil prices have made oil producers more likely to default on loans, Reuters reports, citing analysts. Banks are expected to set aside money to cover bad loans when they post results over the next few quarters, the report says. Publicly traded companies in the space include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
06:37 EDTAAPLTablet sales plateaued in 2014, TechCrunch reports
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06:23 EDTAAPLApple upgraded to Buy from Hold at Societe Generale
Societe Generale analyst Andy Perkins upgraded shares of Apple to Buy and maintained its $140. Perkin's upgraded Apple citing recent share weakness, expectations for a successful launch of the new 6s handset in September, and continuing good growth in revenues from the App Store.
06:17 EDTAAPLApple could release updated iPod Touch, Nanos this week, Business Insider says
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06:13 EDTPEPPepsiCo downgraded to Neutral from Positive at Susquehanna
05:49 EDTAAPLFoxconn plans to build 10-12 India plants before 2020, DigiTimes reports
Apple supplier Foxconn plans to build 10-12 plants in India before 2020, reports DigiTimes. According to sources at Taiwan's handset supply chain, the rise of the domestic market and clients' demand for local production in India has prompted Foxconn to consider building production bases in the country. Reference Link
05:49 EDTAAPLReports: Foxconn investment plan in Vietnam rejected, DigiTimes says
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05:49 EDTAAPLApple 'cautious' about placing orders for 12.9-inch iPad, DigiTimes reports
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05:49 EDTAAPLUpstream supply chain expects weak PC performance in 2H15, DigiTimes reports
The upstream supply chain expects weak PC performance in the second half of 2015, reports DigiTimes. According to sources, orders are expected to stay weak in Q3 after it originally expected a bottoming out in Q2. Reference Link
05:46 pullback a buying opportunity, says Summit Research
Summit Research analyst Henry Guo says the recent weakness in shares of creates a buying opportunity. Guo sees multiple near-term catalysts for the stock, including favorable travel industry trends, and believes Q2 consensus revenue estimates may prove conservative. He reiterates a Buy rating on the stock with a $122 price target.
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