FeedPosted Nov 5th 2009 9:30AM by Jim Cramer (RSS feed)
Filed under: Google (GOOG), Apple Inc (AAPL), Pfizer (PFE), Market matters, McDonald's (MCD), Caterpillar (CAT), Bristol-Myers Squibb (BMY), Chevron Corp (CVX), General Mills (GIS), Procter and Gamble (PG), Kimberly-Clark (KMB), Kohl's Corp (KSS), Polo Ralph Lauren'A' (RL), Stocks to Buy, Cramer on BloggingStocks
TheStreet.com's Jim Cramer says you can be bearish, but you have to admit when you're wrong. Oh boy, I hit a nerve. My last two days of donning the bear suit and imitating the bears has brought on a cacophony of critics, all of whom think that I am attacking them personally! That's right, they think I have read them, seen them and heard them and that I am spoofing them or making fun of them.
Moreover, they think that I am wildly bullish and that I am mocking them for not wanting to buy things here.
Continue reading Cramer on BloggingStocks: All I'm asking for is rigor
Posted Oct 24th 2009 2:20PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Apple Inc (AAPL), Amazon.com (AMZN), McDonald's (MCD), 3M Corporation (MMM), Caterpillar (CAT), New York Times'A' (NYT), Bank of New York (BK), Hershey Co (HSY), Gannett Co (GCI), Morgan Stanley (MS), Kimberly-Clark (KMB), United Parcel'B' (UPS), Lockheed Martin (LMT), Broadcom Corp'A' (BRCM), SLM Corp (SLM)
Continue reading Earnings highlights: Amazon, Apple, Caterpillar, Hershey, McDonald's, UPS ...
Posted Oct 21st 2009 9:00AM by Steven Mallas (RSS feed)
Filed under: Earnings reports, Industry, Caterpillar (CAT)
Caterpillar (NYSE: CAT) is doing great. The stock is hot, and even though the company is still reporting sales and earnings declines, you just know that the fundamentals will eventually get better. In the meantime, management is doing its best to beat earnings expectations.
Yesterday, management succeeded. For the third quarter, according to our Closing Bell post, Caterpillar said it made 64 cents per share. Analysts were expecting only 6 cents per share. Well, something was off there, huh? Anyway, according to the actual press release, sales decreased over 40%, and per-share profit was off by 15%, but really, it didn't matter to the market. Shares of the heavy equipment maker closed higher by 3%, on heavy volume.
Continue reading Caterpillar exceeds expectations: Too late to buy?
Posted Oct 19th 2009 12:50PM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Estee Lauder (EL), Caterpillar (CAT), Halliburton (HAL), American Express (AXP), Federal Natl Mtge (FNM), Mattel, Inc (MAT), Southwest Airlines (LUV), Analyst initiations, Deere and Co (DE), Marvell Technology Group (MRVL)
Analyst upgrades:
- American Express (NYSE:AXP) was upgraded to Market Perform from Underperform at FBR Capital, as the firm sees limited near-term downside in the stock. The firm raised its target price on the shares to $37 from $25.
- RBC Capital upgraded Estee Lauder (NYSE:EL) to Outperform from Sector Perform. Target to $44 from $34. UBS upgraded Nestle on expectations the company will begin returning cash to shareholders via buybacks and dividends.
- Piper Jaffray raised Dicks Sporting (NYSE:DKS) to Neutral from Underweight following positive channel checks and raised its target on the shares to $28 from $18.
- Sohu.com (NASDAQ:SOHU) was upgraded to Neutral from Sell by Pali Capital.
- Halliburton (NYSE:HAL) was raised to Buy from Hold by Natixis.
- Sunpower (NASDAQ:SPWRA) was upgraded to Neutral from Underperform at Macquarie.
- China Automotive (NASDAQ:CAAS) was upgraded to Buy from Neutral at Merriman.
Continue reading Analyst upgrades, downgrades and initiations: AXP, HAL, EL, MAT, CAT....
Posted Oct 12th 2009 9:50AM by Jim Cramer (RSS feed)
Filed under: Google (GOOG), Apple Inc (AAPL), Cisco Systems (CSCO), Hewlett-Packard (HPQ), Intel (INTC), Market matters, International Business Machines (IBM), Caterpillar (CAT), JPMorgan Chase (JPM), Alcoa Inc (AA), Best Buy (BBY), Goldman Sachs Group (GS), BHP Billiton Ltd ADR (BHP), Freep't McMoRan Copper (FCX), Cramer on BloggingStocks
TheStreet.com's Jim Cramer says you take your life into your own hands if you fade the opening in today's market. A year ago with the futures up, all you could think of is how much you wanted to "fade" that opening, how great it would be just to lay out any shorts into strength. You could choose pretty much anything going into earnings season.
The techs? Last good quarter. The banks? A travesty. You didn't even know if the banks you are short would survive. The oils? Free fall. The metals? Amazing downward pressure coming from hedge fund redemptions. The insurers? Will they make it? Retail? The balance sheets looked terrible going into what would be a terrible holiday selling season. The autos and auto-related? Disaster.
Continue reading Cramer on BloggingStocks: It's a mistake to fade 'em now
Posted Sep 23rd 2009 10:00AM by Jim Cramer (RSS feed)
Filed under: Hewlett-Packard (HPQ), General Electric (GE), Market matters, International Business Machines (IBM), 3M Corporation (MMM), Caterpillar (CAT), Boeing Co (BA), EMC Corp (EMC), Honeywell Intl (HON), United Technologies (UTX), Eaton Corp (ETN), Cramer on BloggingStocks
TheStreet.com's Jim Cramer says the weak dollar is benefiting U.S. corporations and no longer going against them. Why have the industrials been so red-hot? Why do they seem to levitate? One reason, of course, is that people think the economy's getting better. A second reason is that even if the economy stands still vs. last year the comparisons will be amazing and nothing gets the juices going more rapidly than easy comparisons.
Why will they be so glaring? First, the layoffs have been brutal, the cost-cutting immense and it hasn't hurt at all ... yet. It is totally and unequivocally positive.
Continue reading Cramer on BloggingStocks: Weak dollar powering profits
Posted Sep 16th 2009 10:00AM by Jim Cramer (RSS feed)
Filed under: Apple Inc (AAPL), General Electric (GE), Market matters, Caterpillar (CAT), Chesapeake Energy (CHK), Deere and Co (DE), Cramer on BloggingStocks
TheStreet.com's Jim Cramer says it's great to see stocks go up, but discipline remains paramount. Can you weary of a market going higher? Can you be as exhausted of the rally as you are of a selloff? Sometimes that's how I feel when I look at my bases for stocks I own and where they are now and realize the impossibility of reaching for even the best names. It feels like what happens when you bought low, and then it turned out that things could go much lower. You feel like you should sell, but then the stocks go much higher and you get left behind.
This is a time when discipline has failed people. It is when the market is most electric and exciting and people just figure, "What the heck? I will hold on to that
Caterpillar (NYSE:
CAT) (
Cramer's Take) or
Deere (NYSE:
DE) (
Cramer's Take) or
Chesapeake (NYSE:
CHK) (
Cramer's Take) or Devon (DVN) (
Cramer's Take) ... and why not? It hasn't hurt me."
Continue reading Cramer on BloggingStocks: Weary of the rally?
Posted Sep 9th 2009 10:00AM by Jim Cramer (RSS feed)
Filed under: Apple Inc (AAPL), General Electric (GE), Wal-Mart (WMT), PepsiCo (PEP), Intel (INTC), Market matters, 3M Corporation (MMM), Caterpillar (CAT), Citigroup Inc. (C), Bank of America (BAC), Costco Wholesale (COST), FedEx Corp (FDX), Research in Motion (RIMM), Procter and Gamble (PG), Lennar Corp'A' (LEN), Toll Brothers (TOL), QUALCOMM Inc (QCOM), Palm Inc (PALM), Cypress Semiconductor (CY), Broadcom Corp'A' (BRCM), United Technologies (UTX), Wells Fargo (WFC), salesforce.com inc (CRM), Union Pacific Corporation (UNP), Cramer on BloggingStocks, Marvel Entertainment (MVL)
TheStreet.com's Jim Cramer says the action that is linked to the futures markets, such as oil, is distorting rational analysis. Maybe one day we can escape the commodity linkage and begin to trade on the fundamentals again, something that seems more distant now than any time I can recall. We are totally marching to gold, to oil, to copper, and not the fundamentals.
Throughout the era in which China has become a superpower and hedge funds have become the super arbiters or what goes up or down, we have been stuck with this fairly bogus linkage that corrupts trading and makes a mockery out of some of the most important financial analysis out there, the actual attempts to discover what's really happening at companies.
Continue reading Cramer on BloggingStocks: Fundamental distortion
Posted Aug 8th 2009 9:40AM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Cisco Systems (CSCO), Caterpillar (CAT), Comcast Cl'A' (CMCSA), Procter and Gamble (PG), Amer Intl Group (AIG), News Corp'B' (NWS), Electronic Arts (ERTS), Sotheby's (BID), Marvel Entertainment (MVL), World Wrestling Entertainment (WWE)
Continue reading Earnings highlights: AIG, Caterpillar, Cisco, News Corp., Procter & Gamble ...
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