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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
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October 8, 2014
15:00 EDTAAPLApple shares climb following Icahn tweet of open letter to Tim Cook
Activist investor Carl Icahn tweeted that he is sending an open letter to Tim Cook tomorrow. This news along with the better tone in markets has helped lift the shares back above the psychologically important $100 level. Next resistance is at $101.79. Support is at $99.90.
14:54 EDTAAPLApple volatility flat, Icahn says to send open letter to CEO Tim Cook tomorrow
Apple October weekly call option implied volatility is at 23, October is at 20, November is at 26, December is at 24, January is at 23; compared to its 26-week average of 25 according to Track Data, suggesting non-directional price movement on Carl Icahn says to send open letter to CEO Tim Cook tomorrow.
14:36 EDTAAPLIcahn says to send open letter to Apple CEO Tim Cook tomorrow
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12:08 EDTAAPLApple sends out invites for October 16 event, 9to5Mac reports
Apple has sent out invitations for its October 16 event that is expected to introduce new iPads and Macs, 9to5Mac reports. The event will take place at the Town Hall auditorium on its Infinite Loop Campus in Cupertino, California and begin at 1pm ET. Reference Link
11:45 EDTAAPLApple 'surprised' by GT Advanced's Chapter 11 filing, WSJ reports
Apple (AAPL) says it was "surprised" by GT Advanced's (GTAT) Chapter 11 bankruptcy filing on Monday, the Wall Street Journal reports. Apple says it is focused on preserving jobs in Arizona and will continue to work with state and local officials "as we consider our next steps." GT Advanced is a partner for Apple's sapphire initiative. Reference Link
11:41 EDTAAPLJ.C. Penney says store base count 'roughly' where it needs to be
Says evaluating stores to see if EBITDA accretive. Says "disciplined" regarding promotions. Says won't risk margin over promotions. Says Apple (AAPL), Samsung (SSNLF), Amazon (AMZN) taking "chunk" out of consumer spending. Sees returning to 37%-39% gross margins over time.
10:44 EDTAAPLFitbit said it has no plans to integrate with iOS 8 Heath app, 9to5Mac says
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10:00 EDTEOGOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: ADTRAN (ADTN) upgraded to Buy from Neutral at Goldman... Applied Materials (AMAT) upgraded to Outperform from Underperform at CLSA... Bill Barrett (BBG) upgraded to Neutral from Underperform at Macquarie... CNOOC (CEO) upgraded to Buy from Hold at Jefferies... Calamos (CLMS) upgraded to Market Perform from Underperform at Keefe Bruyette... Calix (CALX) upgraded to Buy from Neutral at Goldman... Cimarex Energy (XEC) upgraded to Outperform from Neutral at Macquarie... Cogent (CCOI) upgraded to Outperform from Market Perform at Raymond James... Coty (COTY) upgraded to Neutral from Sell at B. Riley... Dassault Systemes (DASTY) upgraded to Equal Weight from Underweight at Barclays... EOG Resources (EOG) upgraded to Outperform from Neutral at Macquarie... Glu Mobile (GLUU) upgraded to Buy from Hold at Benchmark Co.... Goldcorp (GG) upgraded to Overweight from Neutral at HSBC... Goodrich Petroleum (GDP) upgraded to Neutral from Underperform at Macquarie... Greif (GEF) upgraded at Wells Fargo... PHH Corp. (PHH) upgraded to Outperform from Market Perform at Keefe Bruyette... Parsley Energy (PE) upgraded to Outperform from Neutral at Macquarie... Rent-A-Center (RCII) upgraded to Buy from Neutral at Northcoast... Royal Gold (RGLD) upgraded to Overweight from Underweight at HSBC... Rush Enterprises (RUSHA) upgraded to Strong Buy at Raymond James... Sanchez Energy (SN) upgraded to Outperform from Neutral at Macquarie... Springleaf (LEAF) upgraded to Outperform from Neutral at Macquarie... TC PipeLines (TCP) upgraded to Neutral from Underweight at JPMorgan... Tesco (TSCDY) upgraded to Neutral from Underweight at HSBC... Vocera (VCRA) upgraded to Outperform at FBR Capital.
09:57 EDTAAPLBlog reveals next-generation Apple iPad Air, 9to5Mac says
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09:48 EDTNFLXGoogle says new movies can be pre-ordered, watched on first day of availibility
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09:38 EDTNFLX, AAPLActive equity options trading on open
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09:34 EDTHDHome Depot management to meet with Deutsche Bank
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09:05 EDTAEPFluor wins construction contract from American Electric
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09:02 EDTNFLXNetflix November volatility increases into Q3 and outlook
Netflix October call option implied volatility is at 58, November is at 40, December is at 33, January is at 31, March is at 32; compared to its 26-week average of 35, suggesting large near term price movement into the expected release of Q3 results on October 15.
08:20 EDTAAPLQualcomm opportunity at Xiaomi almost rivals iPhone, says FBR Capital
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07:29 EDTEOGEOG Resources upgraded to Outperform from Neutral at Macquarie
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06:57 EDTAAPLApple's iPhone 6 Plus more popular than iPhone 6, WantChinaTimes says
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06:13 EDTAAPLNon-Apple notebook, tablet demand to be weak till 2Q15, DigiTimes reports
Demand for non-Apple (AAPL) notebooks and tablets may remain weak until the second quarter of 2015, reports DigiTimes. Citing Taiwan makers, the pressure due to booming sales from Apple products may decrease sales until Microsoft (MSFT) launches Windows 10 next year. Demand for Samsung (SSNLF), Sony (SNE) , And HTC smartphones have also dropped worldwide recently. Reference Link
06:10 EDTAAPLQuantom begins small-volume production of 12-inch Macbook Air, DigiTimes says
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05:54 EDTAAPLTeen interest in Apple Watch 'tepid,' says Piper Jaffray
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