After this
segment, you can
see Jim's Opening
Segment picks
here...
On
The Rant (one year ago)...
JJC: It worked
because you said Cramer... It
worked because the skepticism...
It was obvious that I was trying
to win you over and it was obvious
because you were skeptical... I
think that's one of the reasons
why people love it... And if you
had not worn that outfit, I don't
think it would have been as
YouTube successful... That should
be put on eBay... Did I say thank
you for letting me rant?... I know
a whole lot of other networks that
would have pulled the plug... I
was shaking... My vein pops... But
I think look, they were being
complacent and I'm glad we
discussed it... A trillion dollars
later... Remember, I think that
the bottom is in... I don't think
we violate the July 15th lows and
what are my examples?... how about
Wachovia Corp. (WB)
today?... I mean, WB was at
$8.09... now there's just a huge
amount of buying, being taken to
$18, maybe... Maybe it goes from
$19 today on takeover rumors,
Jamie Dimond... whatever... You
know, I just think things are
better... The legislation
passed... But remember, they were
doing a fundamentals resound...
Bill Poole, just for
identification was the federal
reserve president from St. Louis,
wanted to raise rates, repeatedly
said he wants to raise rates...
Now, I again, honestly, I ask in a
common fashion... These guys...
I'm from a sports world... I used
to be a sports writer...
. . .
. .
On
Starbucks Corp.
(SBUX)
or CROCS (CROX)?...
JJC: Well CROX
reminds me of
Hansen Natural (HANS)...
These are two old stocks...
They're finished... Okay... I
think CROX is completely and
utterly finished... SBUX, I think
is where McDonald's was when it
started to turn...
McDonald's
(MCD*)
was a teenager... No one believed
in McDonald's... Put in some new
management... Schultz comes back,
started cleaning up the joint,
expanding internationally... I
think in 15 months, SBUX will be
substantially higher... in 15
months... I said to sell it hard
at $36, and Mr. Schultz wasn't
happy that I said that, but later
on we had a good reconciliation...
He knows something!... He knows
something!
. . .
. .
On
The Healthcare trade... Biogen Idec Inc. (BIIB), Schering-Plough (SGP*), Elan Corp. plc (ELN)...
JJC: Biogen is
frankly, I can't find a pipeline
that's intriguing there... So,
they have a lot of things that are
supposed to be working... I wanted
to... I was going to use this on
my segment tonight... I
specifically said to my staff,
okay look, let's find five reasons
to buy Biogen-Idec... I could not
find one reason... Elan, no
reasons to buy whatsoever... It
was just all this drug...
Schering... for
my charitable trust, I sold
some this morning because this
drug is a huge drug, but no one
even seems to care anymore... I
mean, I can't believe this... This
is an anesthesia drug... It's
hugely important... But you know,
people like the stock, and people
also like that bill that they gave
to mice that allows mice to be
physically fit Olympians, even
though they're couch potatoes...
Yeah, well I guess so... First of
all, I didn't know that mice watch
TV a lot, and I didn't know that
they were you know, sitting eating
Doritos there... no offense to
Doritos, it's a great food...
Anyways so, yeah... Schering,
people love it... It's great...
. . .
. .
On
Under Armour, Inc. (UA)...
JJC: UA is now
an inexpensive stock... I mean for
a long time it was crazily
overvalued... No, that's true...
It's just that I no longer want to
sell this thing... I have been
really, really negative on UA for
a long time... I think its
bottoming at 20 times earnings...
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- An asterisk next to a
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Jim mentioned it is a stock
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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:
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known to be in Jim Cramer's
Charitable Trust at:
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...
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.
