Jim Cramer buys some SWN and PWR stock

Jim Cramer buys some Southwestern Energy (SWN) and Quanta Services (PWR) for his ActionAlertsPlus.com portfolio. Both are trading at high p/e mutiples so I wouldn't be interested. -Stock Video Link

Here's the lastest Mad Money Lighting Round.-Stock Video Link

Jim Cramer comments on Schering Plough (SGP)

Cramer said that while he felt that Schering's stock is now "ridiculously cheap," he advised investors to do their own homework and decide for themselves whether or not to continue investing in the company.-Stock Article Link

Shares in Merck & Co. and Schering-Plough Corp. plunged Monday after a panel of cardiologists said doctors should sharply cut their prescriptions of the companies' jointly marketed cholesterol drugs, Vytorin and Zetia. -Stock Article Link

If I had to choose between the two stocks, I would pick Merck (MRK) with it's 3.4% dividend. Also Schering (SGP) is suspect with Total Debt/Equity of 0.91!

Jim Cramer says it's time to buy!

"The market has gotten way too negative," Jim Cramer told viewers of his "Mad Money" TV show Tuesday. -Stock Article Link

It's also the first time I heard him say he owns some Verizon (VZ) for his chartitable trust. This stock on Yahoo! Finance shows a 4.7% dividend.

Jim Cramer buys more EMC

Today, Jim Cramer purchased more EMC (NYSE: EMC) for his charitable trust, which you learn about at ActionAlertsPlus.com. Cramer noted that despite VMware's (NYSE: VMW) hiccups, EMC's fourth-quarter results were actually quite strong. He believes the core EMC business is undervalued by approximately $5 a share.

EMC Corporation and its subsidiaries develop, deliver and support information infrastructure technologies and solutions that are designed to help individuals and organizations handle their digital information needs. -Stock Article Link

Jim Cramer defends Eddie Lampert

Here's an excellent article on how the media has got it all wrong about Eddie Lampert. Jim Cramer goes on the defence.

No matter how thin you slice it, there's always two sides to every story. We just hope and pray we are on the right side. -Stock Article Link

Why Heelys IPO fails vs Crocs and Under Armour

According to Jim Cramer, Heelys fails because it stood still after it's IPO. In contract to Under Armour and Crocs, they were winners because it continued to expand their product lines and that's what Wallstreet loves.-Video Link

Stock Amateurs vs Professionals according to Jim Cramer

1. Professionals always have about minimum 10% in cash...and if it goes down to 5%...You can only use it when there's a big crash "a decline of at least 10% from the peak before the decline to the trough."

2. Amateurs look at the upside of the stock. Pros always look at the downside. "If you take care of the downside then the upside takes care of itself". The cushion is in buybacks and strong consistent dividends.

3. Amateurs buy any stock. Pros only buys companies they understand.

4. If you are destroying the averages and making a lot a money, you are doing something wrong according to Cramer. Start selling because your portfolio could be in for a major fall.

5. Amateurs try to make a fast buck on the quarterly report. "when you gamble, the house always wins".

-Stock Article Link

Jim Cramer's Action Alert Plus Portfolio

Freeport McMoran (FCX)
McDonalds (MCD)
Citigroup (C)
Sears Holdings (SHLD)
Goldman Sachs (GS)
EMC (EMC)
United Healthcare (UNH)
Hewlett Packard (HPQ)
Conoco Philips (COP)
Hologic (HOLX)
CVS Caremark (CVS)
Transocean (RIG)
Altria (MO)

These are in Jim Cramer's current $4 million dollar portfolio based on what I read on Mad Money. If you see a change, let me know in the comments and provide the link, normally in the article it will say "he owns for Action Alerts PLUS."

Jim Cramer's new book "Stay Mad for Life!"

Excerpt: ‘Jim Cramer’s Stay Mad for Life!’

"Most people don't think about it, but there's a difference between making a lot of money and building lasting wealth.......

I don't care if you don't have two cents to your name or if you owe thousands of dollars in credit card debt. I am confident that I can get you there.....

I'm a self-made multimillionaire, and I'm going to share with you the lifelong disciplines that made me rich and have kept me that way.....

As I said, I made my own money. I've also been poor. In fact, I wasn't just poor; I was homeless and destitute.... "




-Stock Article Link

Jim Cramer mentions Rock Band as the catalyst for Viacom

"Cramer said Rock Band is so popular that it's impossible to get it. He said Activision's Guitar Hero game also is quite popular but lacks versatility.

Cramer expects Rock Band could be bigger than Guitar Hero. The game costs $170 and is selling out, he said. While the margins on the actual game package are not that high, Viacom charges players for songs they download --- another way to get people to pay for music again." -Stock Article Link

Even I heard of Guitar Hero and I'm not even a gamer....Rock Band comes from the makers of Guitar Hero and is the natural progression to the next level of music and games. More instruments and singing....here's a clip

Jim Cramer's tips on investing like a pro

About 10% of an investor's portfolio should be cash, Cramer said. Once it's at 5% cash, "there's only one circumstance where it's right to use that cash to buy stocks" and that's when the market has taken a big hit, "a decline of at least 10% from the peak before the decline to the trough."

Stock Article Link

I like that rule.

Jim Cramer blogs on AOL

A big booyah from AOL. Jim Cramer will do some blogging on one of AOL's sites, bloggingstocks.com. Also theStreet.com is coming with a new site called Mainstreet.com in October.

Bloggingstocks.com Jim Cramer Link

Buy Citigroup (C) and get a 15.5% compounded rate of return

At $47.81, Citigroup, one of the biggest financial companies in the world, is a compelling buy for 5 reasons.

1. When Wallstreet found out about Eddie Lampert having a 15 million share position in Citigroup, the stock popped from $52 to $54. Now it's priced probably cheaper then when Lampert bought it.

2. You get a nice 4.5% yield for waiting for the stock to go up.

3. If the CEO Charles Prince resigns, there would be another immediate pop in the stock. He's not liked by Wallstreet.

4. Jim Cramer has a position in Citigroup for his charitable trust.

5. Current earnings per share is $4.19 compounded at 10% growth for 5 years (analyst predict 10-11% growth and in the past 10 years, the growth has been 13%) multiplied by a conservative future p/e of 12 = future stock price of $80.98 in 5 years. That's a compounded annual return 11% + 4.5% (15.50 % in total)


I've added it to the RetireRichBlog Investing Scorecard.

Jim Cramer owns some Union Pacific shares for his charitable trust

"Cramer said that at $125, Union Pacific (UNP), which he owns for his charitable trust, is not done going higher" - Stock Article Link

Jim Cramer buys some Freeport McMoran Copper & Gold (FCX)

"Continuing with his game plan, Cramer recommended Freeport McMoRan Copper & Gold (FCX), which he owns for his charitable trust, Action Alerts PLUS, as another stock that he believes will beat earnings estimates next week." -Stock Article Link

According to Yahoo! Finance, the PEG ratio of Freeport is only 0.29 !

Jim Cramer says HNR has the Chavez discount.

Mohnish Pabrai picked it for his portfolio....now Jim Cramer is jumping on the bandwagon....

"In fact, it's had some positive results, such as expanding the company's drilling contract by 14 years, until 2026, and giving it three new fields to drill on.

And because the entire world is scared of them, stocks such as Harvest become really cheap, Cramer said. Harvest trades at 11.3 times forward earnings estimates. "You're getting a Hugo Chavez discount on Harvest, and I would take that discount," Cramer said.

Cramer couldn't justify paying much more than $15 a share for the stock, but at $12 now, he said, he regards it as a steal." - Stock Article Link

Jim Cramer's critques Warren Buffett stock picks

"Buffett is dead-on" with BNI," Cramer said. Coal is king, and BNI is among the quartet of rails that has banished competition in the sector by dividing the country up into different sections, in which each can operate and raise prices..."

"Buffett is onto something with Wal-Mart," Cramer said. "I'm following him on it......"

"Furthermore, Cramer said, he considers US Bancorp "a serious buy" because of the stock's great yield and big buybacks and because it has consistently raised its dividend over the past few years......" -Stock Article Link

Jim Cramer says don't buy NYX until it hits $72-75

Question on Stockpickr : "Jim Cramer, I am a big fan and have faith in you
and your picks. However, you must admit NYX and
LVLT are dogs! They are your stocks of the year
and most stocks are up 10 to 20 percent on the
year. What is it going to take for NYX to turn
around? It seems any news is bad news! Look at
my portfolio, I am up nicely on the year except
for you guessed it NYX! I feel like a sheep
being lead to the slaughterhouse with this
stock! What do you think their earnings will be
on AUG 2nd? Most are calling for .63/share. I
still feel like this stock can take off anytime,
however I am losing hope day after day, dollar
after dollar. Help!!!!"

Answer from Jim Cramer: "People should understand something. many many people
since i started this public portfolio have BEGGED me to
declare defeat on stocks.. I declared defeat three
times when faced with this pressure last year: ALCAN,
BOL, and IR. each time the stock went down a point or
two after i declared defeat. Then they went up from 100
to 50%. If people think i am going to declare defeat
when i think that the NYX can go to $72-75 where i
believe it will be a gift they are sorely mistaken. I
can't sell and buy back for AAPLUS but when i write
that it is going lower --and i write it ten
times--what's the takeaway--that it is going higher?
That the hectoring alleged fans who want me to declare
defeat are going to be happy? If i read this column in
the last month or two i would say "cramer hates NYX for
now, but will buy it when it goes lower." How can i be
more clear? Do people want me to say "I am an idiot?"
Why? Because i said a stock i like is going down??
Pretty gutsy if you ask me....SHORT IT FOR HEAVEN"S
SAKES"

NYX is at $75. Maybe now it's time to pull the trigger? I love stockpickr's active community. Here is the the rest of everyone's comments -Stockpickr Answers Link.

Jim Cramer buys some HOLOGIC (HOLX)

Jim Cramer buys some HOLOGIC Inc (HOLX) for his Charitable Trust. Hologic, Inc., together with its subsidiaries, develops, manufactures, and distributes diagnostic and medical imaging systems for serving the healthcare needs of women. It focuses on mammography and breast care, and osteoporosis assessment.

Jim Cramer's Interviews. Know thy CEO!

I was reading Jim Cramer's book, Mad Money - Watch TV, Get Rich and one part of the book talks about the importance of listening to the CEO interviews on Mad Money. It's a major tell when they come on the show and how they answer Jim's questions. If they don't give a straight answer, you know something is up. The NYSE Euronext (NYX) is now down to $80. Here's the interview.

[video] Cramer Interviews NYSE Euronext President & Co-COO