Monday, July 17, 2006
Real Money Blog
Gaining on Housing's Woes
07/17/2006 11:41 AM
In this article, Cramer cites a " lack of respect" in the remodeling plays, such as SHW, MAS, FO and BDK.
Furthermore, he speculates the remodeling business is not as bad as the stock prices indicate.
Bottom line: Cramer suggests waiting for the quarterly earnings results to confirm is blind bullishness on the group.
Also, he believes Barron's "drive-by shooting" has created a buying opportunity for PNRA.
When Brands Matter
07/17/2006 10:48 AM
In this article, Cramer takes time out of his day to trash SPC.
He exclaims: "But Rayovac, Remington and Spectracide are all second-rate brands to others, and you can't be both best of breed and second rate. That makes today's vicious shortfall an excellent opportunity to step aside and let it fall if you don't own it. Can you sell it here if you do? I would -- the earnings are awful, and the balance sheet's getting worse. Hold your nose and sell."
Not Really Rallies
07/17/2006 10:18 AM
In this article, Cramer believes the market is going higher today because "because oil's not up, and that has not been a sustainable theory."
'Too High' Doesn't Apply to Oil
07/17/2006 10:03 AM
In this article, Cramer dismisses the theory that oil is too expensive and due to come down.
Furthermore, he suggests buying the oils, particularly the drillers, on any dip.
He exclaims: " If oil is so expensive, where are the supplies that should be brought out naturally to take advantage of this price? There isn't any. That's the most telling thing."
A Cheap Price Tag Isn't Enough
07/17/2006 9:25 AM
In this article, Cramer cites IPG's battered stock price and suggests, despite takeover chatter, to " avoid this stock. Too dangerous."
He points to lost contracts from GM and Bank of America as two of many problems within the company.
Bottom line: Stay away.
Newspaper Stocks Between the Lines
07/17/2006 9:11 AM
In this article, Cramer discusses newspaper stocks and declares: "I would still sell these stocks. Right here. I would not wait for the bounce. They simply don't have what it takes to own."
The Rising Interest Rate Impact
07/17/2006 8:46 AM
In this article, Cramer attributes C's weak earnings to " Ninety rate hikes around the globe."
He feels "The market's crummy worldwide," mainly due to interest rate hikes.
Finally, Cramer exclaims: "That does not mean we are about to get rate relief immediately. It does mean that those rate increases seem excessive and will not be the case six months from now, which is what stocks predict. Think of that when you sell today."
07/17/2006 11:41 AM
In this article, Cramer cites a " lack of respect" in the remodeling plays, such as SHW, MAS, FO and BDK.
Furthermore, he speculates the remodeling business is not as bad as the stock prices indicate.
Bottom line: Cramer suggests waiting for the quarterly earnings results to confirm is blind bullishness on the group.
Also, he believes Barron's "drive-by shooting" has created a buying opportunity for PNRA.
When Brands Matter
07/17/2006 10:48 AM
In this article, Cramer takes time out of his day to trash SPC.
He exclaims: "But Rayovac, Remington and Spectracide are all second-rate brands to others, and you can't be both best of breed and second rate. That makes today's vicious shortfall an excellent opportunity to step aside and let it fall if you don't own it. Can you sell it here if you do? I would -- the earnings are awful, and the balance sheet's getting worse. Hold your nose and sell."
Not Really Rallies
07/17/2006 10:18 AM
In this article, Cramer believes the market is going higher today because "because oil's not up, and that has not been a sustainable theory."
'Too High' Doesn't Apply to Oil
07/17/2006 10:03 AM
In this article, Cramer dismisses the theory that oil is too expensive and due to come down.
Furthermore, he suggests buying the oils, particularly the drillers, on any dip.
He exclaims: " If oil is so expensive, where are the supplies that should be brought out naturally to take advantage of this price? There isn't any. That's the most telling thing."
A Cheap Price Tag Isn't Enough
07/17/2006 9:25 AM
In this article, Cramer cites IPG's battered stock price and suggests, despite takeover chatter, to " avoid this stock. Too dangerous."
He points to lost contracts from GM and Bank of America as two of many problems within the company.
Bottom line: Stay away.
Newspaper Stocks Between the Lines
07/17/2006 9:11 AM
In this article, Cramer discusses newspaper stocks and declares: "I would still sell these stocks. Right here. I would not wait for the bounce. They simply don't have what it takes to own."
The Rising Interest Rate Impact
07/17/2006 8:46 AM
In this article, Cramer attributes C's weak earnings to " Ninety rate hikes around the globe."
He feels "The market's crummy worldwide," mainly due to interest rate hikes.
Finally, Cramer exclaims: "That does not mean we are about to get rate relief immediately. It does mean that those rate increases seem excessive and will not be the case six months from now, which is what stocks predict. Think of that when you sell today."
