Monday, 07/21/08
Posted 07/22/08,  08:57 am ET

(Scroll down to see Jim's comments below)

 
 
Today's date:  Monday, 07/21/08

  Dow Jones: 11,467   - 29
  NASDAQ:   2,279    - 3
  S&P 500:   1,260    - 1
 
 
 
 
     

Stock Snapshots - Includes all stocks from callers' questions

     
After this segment, you can see Jim's Closing Segment picks here...

 

 



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Jim
Cramer's
rating on
this stock

STOCK
SYMBOL

Closing
price
that
day

Opening
price
next
day

Full Company Name/Comments
(see comments above for each)

WIN

11.92

na

Windstream Corporation (WIN)

WIN - Look, I love a good dividend!... This is not like some tech stock like a SanDisk Corp. (SNDK) or a Texas Instruments (TXN), that doesn't give you any money in return while you're waiting for good things to happen... WIN's got good management, it's got a good dividend... I'm a buyer of the telco with great dividends including Centurytel Inc. (CTL), I know the papers are filled with negative views about T... I like that stock between $30 and $32... And I like Verizon too.

CTL

36.64

na

Centurytel Inc. (CTL)

See WIN comments above for:
CTL

T

31.83

na

AT&T (T)

See WIN comments above for:
T

Price target to buy:  Between $30-$32.

VZ

35.15

na

Verizon (VZ)

See WIN comments above for:
VZ

 

       

OSK

18.21

na

Oshkosh Truck Corp. (OSK)

OSK - Frankly, that was such a bad quarter, I have to believe that at the end of this year we can pull the trigger with tax law selling... But not until then... I've got to see a couple of good quarters from these guys... That was brutal.

MMM

68.73

na

3M Co. (MMM)

MMM - I have to... This is one I'm astonished at, okay?... This stock can not get its footing, it's down 30 straight points... It reminds me of Honeywell (HON) when it can't get its footing... I know we're in a bear market, I know it's ugly... Why do I feel you should pull the trigger on MMM?... I think if you went to buy 100 shares... You buy 25 here, buy 25 at $65, and buy down when it gets to around $60 because this is a great American company that is being completely thrown away as if there will never be a recovery again... As is Honeywell, as is United Technologies (UTX), as is Emerson Electric (EMR), as is Parker Hannifin (PH), as is Eaton Corp. (ETN)... That's ridiculous... These are great American companies, they will come back... They are not all going to be junk... They're well run, they have great balance sheets, they've got good dividends, and they could increase them all.

NXY

34.09

na

NEXEN INC (NXY)

NXY - Oh man, NXY... They decided to throw out every natural gas stock... I reiterate that this has been a major overreaction to natural gas on way down... Today was day one of the rally... We will be careful... I am not going to be a hog next time if we move up... I know that bulls make money, bears make money and hogs get slaughtered... And I did not show enough discipline when I got back on the natural gas story after hopping off it... As they go up this time we will take some profits, but not down here, the stocks are too cheap.

AAPL

166.29

na

Apple (AAPL)

AAPL - No, no, no, no... I said that when AAPL went up, we had to sell AAPL... I am reiterating that even though they look like they did a decent quarter, I am not a buyer of AAPL... If you followed the plan when it got from $120 to $180 we took off our stock, decided that all you are going to do is play with the house's money... That's the story... Tech is weak, I've been saying that, not to buy tech... Texas Instruments (TXN) is bad, SanDisk Corp. (SNDK) after the close is bad... I am not a buyer of tech... I own almost no tech at all for my charitable trust, and I am not enticed to buy any more tech until the company is down much more.

SNDK

17.93

na

SanDisk Corp. (SNDK)

See AAPL comments above for:
SNDK

TXN

28.52

na

Texas Instruments (TXN)

See AAPL comments above for:
TXN

OTTR

45.37

na

Otter Tail Corp. (OTTR)

OTTR - All right, well OTTR is an amazing stock, why?... Because it's wind... By the way, Timken Co. (TKR), the ball bearing company, had reported much better than expected quarter... Why is that?... Wind... I think wind is going to be a major feature in Boone Pickens' program... Wind is really starting to roll out in Wyoming... It's rolling out in North Dakota, South Dakota, and that's why was OTTR is up... Now, because I said I will not be greedy, because I got greedy in natural gas, we are now up huge in OTTR... I think people should take profits in OTTR... It was a great investment, but we're being greedy... Bulls make money, bears make money, hogs get slaughtered... Take your winnings off the table with OTTR.

       

[ end of lightning round ]

   
 
After this segment, you can see Jim's Closing Segment picks here...

Go to the CLOSING SEGMENT from tonight's show here >>

See current quotes on Yahoo! Finance from tonight's show stocks here >>


Netflix, Inc.


Symbol keys:

A Charitable Trust stock. - An asterisk next to a stock symbol indicates that Jim mentioned it is a stock that he manages within
his charitable trust portfolio.  You can see the complete portfolio
of stocks here >>

Thumbs up - indicates he would buy the stock or, at the very least, not sell the stock.  We do our best to interpret Jim's opinion on stocks, as we think it is indicated by his comments during the show.  Please read his comments to decide for yourself.

Thumbs down - indicates he has said not to buy or to sell the stock, based on his comments  We do our best to interpret Jim's opinion on stocks, as we think it is indicated by his comments during the show.  Please read his comments to decide for yourself.

Back up the truck - indicated by Jim, when he says the stock is so good, that he would do a 'mon-back' on the stock... In other words, this is the sound someone would say to a truck driver, "Come on back... " as he is "backing up the truck" to load up on his cargo.  Translation for buying stocks:  This recommendation by Jim indicates that, after you do your own homework on the stock, you should feel comfortable loading up on it, as it is in a good position to be bought at this point.

Stumped. - Of the 2,000+ stocks that Jim Cramer has in his head, for which he has an informed opinion, he sometimes comes across a caller with a stock he does not know well enough to opine on...  He then indicates he is stumped and will have to come back to it, after he does some homework of his own on the stock.  This usually occurs during the Lightning Round, when Jim does not know in advance who is calling, or what their stock question is about.
 

 
Definitions of key phrases used by Jim, known as "Cramerisms":

Definition:   'Pull the trigger' is Jim's phrase for making the decision at that point to trade - either to 'buy' or to 'sell' (although he usually uses the phrase for buying), as if to say you should feel comfortable enough to make the final decision without looking back...

Definition:   'Ring the Register' is Jim's phrase for selling a stock, and making it a final sale, that you should not look back on.  Put it behind you.

Definition:  'Let It Come In' indicates how you may wait for it to pull back, or have the stock price come down briefly, as your chance (after letting it come in) to buy the rest of your position (i.e., total number of shares you own in that stock).

Definition:  'backing it up' or 'doing a 'mon-back' is Jim's phrase for the metaphor of backing up a truck to load up on a stock by buying it.  'Mon-back is short for the imaginary worker saying, 'Come on back...' as the truck is backing up to receive its load... Notice that we use the little truck icon to indicate where Jim has mentioned this.  Translation for buying stocks:  This recommendation by Jim indicates that, after you do your own homework on the stock, you should feel comfortable loading up on it, as it is in a good position to be bought at this point.
  See more "Cramerisms" & other financial phrases here >>
   
Helpful Websites:
  See the stocks currently known to be in Jim Cramer's
Charitable Trust at:

jim-cramer-charitable-trust-stocks.com

 
See the stocks currently known to be in Warren Buffett's portfolio
of stocks at:

warren-buffett-portfolio.com

 
  Stock Homework 101:   This is an excellent upcoming site that provides resources and links to help you do that homework that Jim Cramer recommends after hearing his suggestions...

StockHomework101.com

This site is coming soon.   Thank you.

 
  FastMoneyRecap:   This site will be a quick summary of recommendations made by the great Fast Money TV show crew, that will offer you a unique service, to compare their picks to Jim Cramer's past comments about those stocks.