Tuesday, 07/22/08
Posted 07/23/08,  03:07 am ET

(Scroll down to see Jim's comments below)

 
 
Today's date:  Tuesday, 07/22/08

  Dow Jones: 11,602  + 135
  NASDAQ:   2,303   + 24
  S&P 500:   1,277   + 17
 
 
 
 
     

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)

DIS

30.41

na

Walt Disney Co. (DIS)

DIS - Oh, now I've got to... A lot of times I prepare in advance what I want to do... And I have to tell you, I was going to do DIS this week... Why?... Not just the fact that Bob Iger is a great executive, and he really is, but I believe that gasoline is dropping from $4.00 to $3.50... At $3.50 with a weak dollar, Americans are going to flock to Disneyworld and Disneyland, like I have many a times... And their High School Musical business is fabulous... ABC is great... This team is a superior management team, and it's ready to rock at $30... At $30 I would buy half my position and then I would hope that someone would come out naked so I could buy the other half... DIS at $30... line in the sand, you would own that stock... The last time I recommended it was $27, someone had downgraded it, it was in the last weekend, the first week of February... Someone had downgraded the stock, he didn't know what he was doing, I recommended it at $26, the stock then went to $34... It's back to $30... Pull the trigger right now.

UAUA

8.41

na

UAL Corporation (UAUA)

UAUA Comment2: UAUA - I have never recommended an airline stock... That stock is up $3, I predict 3 more days and $10 more of oil going down... Let's not be greedy... Airlines are bad... I want you to sell half tomorrow morning and the other half 3 days from now, right or wrong about my forecast on oil.

VE

54.25

na

Veolia Environnement SA (VE)

VE - No, there's no money to be made in water... As much as we wish there were, every time I've ever tried to recommend a water stock, I have clobbered people... I say sell, sell, sell VE... I like wind... I don't like water.

BTU

65.03

na

Peabody Energy Corp. (BTU)

BTU - I don't want to own that stock... If they report a good number I want to sell it... If my friend, buddy, pal Bob Marston... who has been dead right to say that this group is a huge short... I have been telling people to short... well I don't recommend shorts on the show... But I think that people should be dreading what's known as a pair trade... They should be short coal and natural gas... Natural gas has been killed but so has coal... It's been a break even trade, but coal is dirty, natural gas is clean... We are the Boone Pickens of aficionados... He wants to shift to solar and wind... we like that... and use natural gas for cars, we like that... Sell coal, sell it into the earnings tomorrow...

ODP

6.81

na

Office Depot, Inc. (ODP)

ODP - Oh man, I've got to tell you... That's a tough one... That's a tough one... I think Staples Inc. (SPLS) is a survivor there and I don't want to own anybody else in that segment... And I did warm up a little bit to retail today, but not to ODP.

SPLS

23.34

na

Staples Inc. (SPLS)

See ODP comments above for:
SPLS

ABD

8.25

na

ACCO Brands Corporation (ABD)

ABD - You know, this is a company that makes a lot of really cool kind of office supplies, but we just had a question from Office Depot, Inc. (ODP), and office supplies are down... Now, that stock is too low to sell it... Let's wait until it gets to $10... I remember when Fortune Brands (FO) spun it off and I didn't like it then, and I still don't like it now... I'm staying away.

CNB

6.46

na

Colonial Bancgroup Inc. (CNB)

CNB - I don't like CNB and I don't like Regions Financial Corp. (RF)... But I think both of these banks are now too low to sell... What I would do with CNB and do with RF is wait for... How am I going to do this?... I don't like these stocks... I'm trying to figure out how to phrase it so you don't lose all you money right now... I want you to sell half tomorrow morning, these are not good companies, RF and CNB, and then let the other run a little bit, but these are not good companies... I'd invest in banking fortresses, not in banks that are left behind that Sergeant Markoff is shooting in the back.

RF

11.40

na

Regions Financial Corp. (RF)

See CNB comments above for:
RF

TRLG

28.28

na

True Religion Apparel Inc. (TRLG)

TRLG - Yeah TRLG is still very, very high... I've got to tell you, this is probably the only teenage apparel stock at its 52-week high, and I know why... So for the holidays what do I do, because I'm a real genius right?... I'm just a genius... I go to the Short Hills Mall and I get a gift certificate for $200 for True Religion for my daughter and she comes to me and says, dad, I can't wear a half a pair of pants... I need both legs... I'm going crazy... I go to the store and sure enough, the only thing that they would sell is pants displayed right here... You've got one leg, for another $200, you get the other... That's why they're doing well, because people still have them in a cohort in this country who can still spend $400 for a pair of pants... And may I just add that the pants they sold next door at Gap Inc. (GPS) were every bit as... TRLG is a good stock, I mean, what can I tell you... I would schnitzel a little...

       

[ 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.

Fast Money Recap - Trades for next day...

Compare these picks to Jim's comments for the same stocks.