Monday, June 05, 2006
Real Money Blog
Elect to Return to Latin America on Peru Vote
06/05/2006 12:22 PM
In this article, Cramer declares Venezuela's Hugo Chavez's popularity at a "high tide," in light of Peru's Alan Garcia's election win.
Cramer suggests buying some beaten down South American stocks, like AMX.
Bad News Still Bad News for Homebuilders
06/05/2006 10:29 AM
In this article, Cramer cites a bad environment for homebuilders. He feels that the group is "cheap," but may come under pressure as commodity and labor expenses weigh on the bottom line.
Plus, don't forget the higher rates and mounting inventories.
Red Reminder of Why to Own Oil
06/05/2006 10:03 AM
In this article, Cramer suggests buying the oil stocks, especially when they are down.
He exclaims: "Right now, oil represents only about 10% of the S&P 500. That's just plain wrong. It should represent about 15%, according to my work, and when it gets there you won't feel a market like this."
Moreover, Cramer believes every time Iran makes a "phony olive branch reach-out," we should buy: COP, BHI, CVX and SLB.
Chesapeake's Slow Burn Will Pay Off
06/05/2006 9:46 AM
In this article, Cramer suggests buying CHK, while natural gas prices are still cheap. He believes CHK's CEO, Aubrey McClendon, is making all the right moves-- levering himself to natural gas.
He exclaims: "We are so skittish about natural gas, it has gone down huge. McClendon has a long-term view. I think he is dead right. And he's putting his money where his mouth is, buying stock in the open market. Remember how much he bought in the teens before the giant spike in his stock? I bet it will happen again."
Circuit City Stars on Big-Screen TVs
06/05/2006 9:24 AM
In this article, Cramer attributes CC's success to being "far more levered to big-screen televisions than Best Buy is."
Furthermore, Cramer believes CC is well positioned for future growth, as the HDTV market continues to grow.
He thinks the stock can still trade up.
Three Takeaways From Vonage Deal
06/05/2006 9:11 AM
In this article, Cramer rips Vonage's huge ipo failure.
Cramer believes deals that fail mean several things:
06/05/2006 12:22 PM
In this article, Cramer declares Venezuela's Hugo Chavez's popularity at a "high tide," in light of Peru's Alan Garcia's election win.
Cramer suggests buying some beaten down South American stocks, like AMX.
Bad News Still Bad News for Homebuilders
06/05/2006 10:29 AM
In this article, Cramer cites a bad environment for homebuilders. He feels that the group is "cheap," but may come under pressure as commodity and labor expenses weigh on the bottom line.
Plus, don't forget the higher rates and mounting inventories.
Red Reminder of Why to Own Oil
06/05/2006 10:03 AM
In this article, Cramer suggests buying the oil stocks, especially when they are down.
He exclaims: "Right now, oil represents only about 10% of the S&P 500. That's just plain wrong. It should represent about 15%, according to my work, and when it gets there you won't feel a market like this."
Moreover, Cramer believes every time Iran makes a "phony olive branch reach-out," we should buy: COP, BHI, CVX and SLB.
Chesapeake's Slow Burn Will Pay Off
06/05/2006 9:46 AM
In this article, Cramer suggests buying CHK, while natural gas prices are still cheap. He believes CHK's CEO, Aubrey McClendon, is making all the right moves-- levering himself to natural gas.
He exclaims: "We are so skittish about natural gas, it has gone down huge. McClendon has a long-term view. I think he is dead right. And he's putting his money where his mouth is, buying stock in the open market. Remember how much he bought in the teens before the giant spike in his stock? I bet it will happen again."
Circuit City Stars on Big-Screen TVs
06/05/2006 9:24 AM
In this article, Cramer attributes CC's success to being "far more levered to big-screen televisions than Best Buy is."
Furthermore, Cramer believes CC is well positioned for future growth, as the HDTV market continues to grow.
He thinks the stock can still trade up.
Three Takeaways From Vonage Deal
06/05/2006 9:11 AM
In this article, Cramer rips Vonage's huge ipo failure.
Cramer believes deals that fail mean several things:
- "We are down to the least qualified, least investible companies coming public. (MasterCard (MA:NYSE may be an antidote to that but I am not sure yet.)
- We have gotten sloppy and loosened standards, something that happens near the end of a cycle -- check the crash of 2001.
- We are way oversupplied. There's not enough room for more stock right now. We need the underwriters to go to the Hamptons."
