New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 21, 2012
22:26 EDTWM, CRM, ZAGG, REGN, HBI, RRD, VFC, PVH, RL, HD, JNJ, FUN, AEP, EOG, AAPL, NFLXJim Cramer's "Mad Money"
Jim Cramer said, "Once people feel stocks aren't the enemy, we'll head higher". He pondered the significance of the Dow hitting 13,000- and said "this milestone matters". Professional investors tend to focus on the S&P 500, but for smaller investors, retail investors, Dow 13,000 could be significant. Breaking 13,000 could be just want the little guys need to jump back in, Cramer says. Long-term, stocks are still the best game in town when compared to bonds, U.S. treasuries and bank CDs, he noted. Cramer remained bullish on high-yielding dividend stocks, names like Cedar Fair (FUN) and American Electric Power (AEP), especially given that dividends receive special tax treatments. EXECUTIVE DECISION: Cramer spoke with Mark Papa, chairman and CEO of EOG Resources (EOG), which delivered a 28c earnings beat on a 55% rise in revenues last week. Shares of EOG are currently trading below where it reported those stellar numbers. Papa said that despite what Wall Street thinks, he's very comfortable with the company's game plan and will continue to reduce natural gas production and ramp up oil and liquids production until natural gas prices stabilize. His outlook on oil prices however, remained strong. Papa estimated the price of oil to be between $100-$110 a barrel, barring a conflict in Iran, based simply on rising worldwide demand. Cramer remained bullish on EOG, telling investors that the company is still one of his favorite oil plays. OFF THE CHARTS: Cramer and colleague Dan Fitzpatrick went over the chart of Apple (AAPL). Fitzpatrick said the rally appears done, for now, until all of the momentum players get flushed out of the stock. Fitzpatrick's only caveat, if Apple were to break through its highs of $526 a share, then the stock would be poised for still another move higher. Cramer said he doesn't care about the charts when it comes to Apple. He said that earnings power is all that matters for this tech juggernaut. With the company elected to earn upwards of $55 a share in earnings, Cramer said he would step up and buy Apple on any weakness. Next, Cramer once again welcomed David Steiner, president and CEO of Waste Management (WM), to the show for an update on the company's outlook. Steiner said that Waste Management is seeing a steady recovery in trash volumes, a trend he expects to see continue throughout 2012. Cramer gave kudos to Steiner for the company's near 4% dividend yield and reiterated his buy recommendation on the the stock. NO HUDDLE OFFENSE: Gas prices are clearly hinged on the building conflict with Iran. Cramer said that gas prices won't likely go lower until the conflict is resolved or the world economy slows to where demand for gasoline falls dramatically. CLOSING COMMENTS: Cramer removed outgoing Johnson & Johnson (JNJ) CEO, William Weldon, from his Wall of Shame list of the worst CEO's. He said that after so many product recalls under Weldon's tenure, wealth will have to be created for J&J shareholders now that he's retiring. Cramer also had bullish words for Home Depot (HD), which reported a strong quarter Tuesday. LIGHTNING ROUND: (Bullish) RL; PVH; VFC. (Bearish) RRD; HBI; REGN; ZAGG; CRM; NFLX. Reference Link
News For WM;AAPL;EOG;AEP;FUN;JNJ;HD;RL;PVH;VFC;RRD;HBI;REGN;ZAGG;CRM;NFLX From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | all recent news | >>
October 13, 2014
06:05 EDTAAPLReport: Apple iPhone 6 pre-orders in China reach 20M, Digitimes says
Subscribe for More Information
October 12, 2014
17:20 EDTCRMGE, Splunk, Cisco, others could benefit from Internet of Things, Barron's says
Subscribe for More Information
17:10 EDTVFCVF Corp. shares could rise 25%, Barron's says
VF Corp. shares could rise 25%, according to UBS analyst Michael Binetti, driven by a 15% earnings increase in FY15, Barron's contends in a feature article, citing Michael Binetti. Reference Link
October 10, 2014
17:57 EDTAAPLGT Advanced calls Apple demands 'burdensome, oppressive,' Bloomberg reports
Subscribe for More Information
17:14 EDTAAPLMarket ends week lower amid global growth worries
Subscribe for More Information
16:02 EDTAAPL, NFLXActionable Options for Friday, October, 10
Subscribe for More Information
15:30 EDTAAPLApple, Bose settle patent infringement litigation, CNBC reports
Subscribe for More Information
10:12 EDTAAPLApple to remove Bose products from retail stores, MacRumors reports
Subscribe for More Information
10:01 EDTJNJOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:38 EDTAAPLActive equity options trading on open
Subscribe for More Information
09:17 EDTEOGEOG Resources volatility increases as share price and energy prices trend lower
EOG Resources October call option implied volatility is at 39, November is at 40, January is at 35; compared to its 26-week average of 27 according to Track Data, suggesting large near term price movement.
09:08 EDTHDHome Depot management to meet with Deutsche Bank
Subscribe for More Information
08:19 EDTJNJMedivir announces Janssen initiates enrolment in phase II IMPACT study
Subscribe for More Information
08:15 EDTJNJJohnson & Johnson reports additional data from ATTAIN study
Subscribe for More Information
07:39 EDTAAPLApple underappreciated but Icahn estimates aggressive, says UBS
Subscribe for More Information
07:08 EDTAAPLApple given at least 3 days to block info in GT bankruptcy case, Reuters says
Subscribe for More Information
07:07 EDTJNJJohnson & Johnson upgraded to Neutral from Underperform at Credit Suisse
Subscribe for More Information
07:04 EDTAAPLAmazon in talks to join digital locker for movies. WSJ reports
Subscribe for More Information
06:39 EDTNFLXNetflix spends $150M annually on content recommendations, Gigaom reports
Subscribe for More Information
06:27 EDTJNJJohnson & Johnson upgraded to Neutral from Underperform at Credit Suisse
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use