News Breaks |
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| September 7, 2012 |
| 05:21 EDT |  | FNV, LNG, CLF, ETP, GLD, JCP, CMI, SWK, AAPL, WRC, PVH, FDX, GLNG, AMZN, M, CAT, WSM, ARCC, MANU | Jim Cramer's "Mad Money"
Jim Cramer reminded investors they're not investing in politics, they're investing in the present and future fortunes of the individual companies. For many companies things are a lot brighter now than they were four years ago -- despite the unemployment rate rising from 5% to 8%. So while the U.S. economy continues to improve and the prospects for a resolution in Europe get ever closer, it's no wonder the markets were able to rally, said Cramer. Stocks like Stanley Black & Decker (SWK), up 8% Thursday, or Williams Sonoma (WSM) hitting new highs, are rallying because the future is looking up for U.S. housing. Even laggards like FedEx (FDX), Cummins (CMI) and Caterpillar (CAT) have been on the move, all proving that things are beginning to look up. So forget about politics, Cramer concluded, and think about how the individual companies in your portfolio are doing.EXECUTIVE DECISION: Cramer went on location with Manny Chirico, chairman and CEO of PVH Corp (PVH), a stock that hit a new 52-week high Thursday and is up 140% since Cramer first got behind the company in Jan 2008. Chirico was very upbeat on his company's outlook, noting that both the Calvin Klein and Tommy Hilfiger brands remain strong in Europe. He said his company is clearly taking market share in what has been a tough region for their competitors. Chirico said the U.S. back-to-school shopping season is off to a strong start and North American same-store sale comparisons are in the high single digits. He also mention a new rollout of the company's Izod brand at J.C. Penney (JCP) as another highlight. Chirico also had positive things to say about its Macy's (M) and Warnaco (WRC) relationships. Cramer continued his support for PVH Corp. SELL BLOCK: Cramer sounded off against the recent IPO of Manchester United (MANU), saying investors should be fans of the soccer team but not a shareholder of the company. The stock debuted on Aug. 10 at $14 a share, but it didn't pop higher. The average IPO has risen 14% on its first day, noted Cramer. Since then, shares have fallen 8%. But even with the decline, Manchester United still sells for a hefty 38x earnings despite the fact it's only growing earning at 11% a year. Cramer reminded viewers he's willing to pay only twice a company's growth rate, or 22x earnings, and that's a maximum. Cramer said this stock is priced for perfection. The company also has other issues, such as a balance sheet laden with debt and a dual-class share structure. NO HUDDLE OFFENSE: Cramer said he believes the iPad and the Kindle are both winners, and so are the stocks of Amazon.com (AMZN) and Apple (AAPL). Cramer said that while many perceive the tablet market as a zero-sum game, in fact there is plenty of room for more tablets and smartphones. LIGHTNING ROUND: (Bullish) ARCC; GLNG; LNG; GLD. (Bearish) CLF; FNV; ETP. Reference Link |
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News For SWK;WSM;FDX;CMI;CAT;PVH;JCP;M;WRC;MANU;AMZN;AAPL;ARCC;GLNG;LNG;GLD;CLF;FNV;ETP From The Last 14 Days Check below for free stories on SWK;WSM;FDX;CMI;CAT;PVH;JCP;M;WRC;MANU;AMZN;AAPL;ARCC;GLNG;LNG;GLD;CLF;FNV;ETP the last two weeks. |
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| May 24, 2013 |
| 16:00 EDT |  | AAPL | Options Update; May 24, 2013
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| 14:57 EDT |  | CLF | Cliffs Natural management to meet with JPMorgan
Meetings to be held in Baltimore/Berwyn/Wilmington on May 30 hosted by JPMorgan. |
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| 11:22 EDT |  | AAPL | Best Buy to cut iPhone prices, AllThingsD says
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| 10:40 EDT | | AAPL | Apple's iOS to become flatter, more black and white, 9to5Mac says
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| 09:43 EDT | | AAPL | Active equity option families trading
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| 07:49 EDT | | AAPL | Rumors of Google interest in Waze unfounded, TechCrunch says
After Bloomberg, citing "people familiar with the matter," said Google (GOOG) is considering a bid for map and traffic app maker Waze, TechCrunch countered that multiple credible sources it contacted "have poured cold water on the Google rumor." Facebook (FB) and Apple (AAPL) have previously been suggested as expressing interest in Waze, but the Bloomberg report said Apple was not among the "large tech companies” that have recently approached Waze, TechCrunch noted. Reference Link |
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| 07:38 EDT |  | WSM | Williams-Sonoma price target raised to $64 from $52 at RW Baird
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| 07:11 EDT | | AAPL | Apple nearly tax free in Ireland since 1980, Reuters reports
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| 07:11 EDT | | AMZN | Google seems to be copying Amazon's moves, WSJ reports
Google (GOOG) increasingly appears to be following Amazon.com’s (AMZN) lead. Last year, Amazon rolled out AmazonSupply, an e-commerce site featuring industrial goods, and Google followed suit this January, reports the Wall Street Journal.Reference Link |
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| 06:10 EDT | | AMZN, AAPL | On the Fly: Periodicals Wrap-Up
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| 06:09 EDT | | GLD | SPDR Gold Trust overall implied volatility at 22; 26-week average is 18
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| 06:05 EDT | | AAPL | FDA targets IPhone urinalysis app, Bloomberg reports
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| May 23, 2013 |
| 19:50 EDT | | AAPL | Apple faces potential setback in e-books case, WSJ reports
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| 16:14 EDT | | WSM | Williams-Sonoma reports Q1 comparable brand revenue growth 7.2% vs. 5.4% last yr
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| 16:13 EDT |  | WSM | Williams-Sonoma sees Q2 EPS 43c-46c, consensus 48c
Sees Q2 revenue $920M-$940M, consensus $932.53M. Sees Q2 comparable brand revenue growth 4%-6%. |
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| 16:11 EDT | | WSM | Williams-Sonoma raises FY13 adjusted EPS view to $2.67-$2.77 from $2.65-$2.75
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| 16:08 EDT | | WSM | Williams-Sonoma reports Q1 adjusted EPS 41c, consensus 37c
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| 16:00 EDT | | AAPL | Options Update; May 23, 2013
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| 15:24 EDT | | WSM | Notable companies reporting after market close
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| 14:58 EDT | | JCP | J.C. Penney May volatility at eight-month lows
J.C. Penney overall option implied volatility of 52 is below its 26-week average of 62 according to Track Data, suggesting decreasing price movement. |
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