Economy Blog

The first portfolio had the following stocks: Honeywell (HON), Covanta (CVA), Temple-Inland (TIN), Schering-Plough (SGP) and Coeur d’Alene Mines (CDE). Cramer blessed this portfolio. The second portfolio included: Procter-Gamble (PG), Johnson & Johnson (JNJ), Time Warner (TWX), Cummins (CMI) and Clorox (CLX). Cramer said this portfolio had two of a kind with CLX and PG. He said sell JNJ and TWX and buy General Dynamics (GD) and Apple (AAPL). The final portfolio had these stocks: AT&T (T), Bank of America (BAC), Transocean (RIG), Corning (GLW) and Disney (DIS). Cramer said he prefers JP Morgan (JPM) over Bank of America (BAC), but he said the portfolio was diversified.
…
Fuente Original

Word On The StreetWORD VIDEO HERERetail TradeIS the retail sector worth a short-term trade considering the bullish action in the sector of late? Kohl’s (KSS) and Nordstrom (JWN) are set to report earnings on Thursday. Macke said traders could get long KSS and JWN ahead of their reports. He thinks both firms will report decent numbers and the stocks should pop. Adami advised investors if they trade KSS make sure to be out by Friday. Finerman disclosed her hedge fund has sold out of Children’s Place (PLCE) and J.C. Penny (JCP). …
Fuente Original

Word On The StreetWORD VIDEO HEREDefense Stocks With Unusual Options ActivityJon Najarian joined the traders to discuss some unusual options activity he is noticing in the defense stocks. Najarian said he is seeing very bullish options action in names like Raytheon (RTN), General Dynamics (GD) and Honeywell (HON). Adami said he loves HON from a valuation perspective. He also recommended Lockheed Martin (LMT) and Raytheon. …
Fuente Original

Word On The StreetWORD VIDEO HEREFuture Trade - EntertainmentThe traders discussed the future of the entertainment business and what stocks could be the leaders in the industry going forward. Everyone agreed that Apple (AAPL) is a leader in the entertainment sector. Macke said investors should stick with content king Disney (DIS). He wasn’t as thrilled about Sony (SNE). Adami said EMC (EMC) is a great play on virtual storage. Finerman mentioned Pepsico (PEP) She said when consumers watch movies they will aways need to eat snakes and drink soda. Najarian recommended Cypress Semiconductor (CY) for a play on programmable chips for devices. …
Fuente Original

Only Germany’s growth accelerated, while it decelerated in 11 EU countries.…
Fuente Original

NA…
Fuente Original

Social Networking TradeOnline social networking might not be living up to all the hype that Wall Street has created. Public companies are struggling to turn some of the social networking sites into profit centers. Macke said investors should get short any company that buys a social networking site like News Corp. (NWS). Najarian didn’t agree. He said companies like Google (GOOG) will figure out how to monetize social networking sites in due time….
Fuente Original

Trader RadarShares of Whole Foods (WFMI) were among the most actively traded stocks on the Nasdaq Wednesday.POPS&DROPSPOPS-Nike (NKE) popped 3% after the company said its shopping for a Chinese of Japanese rival to boost sales in Asia. Najarian said that’s a good reason for a pop. BHP Billiton (BHP) added 3% on speculaiton that China might take a stake in the mining company. Adami said the stock is getting rich on a valuation basis. He prefers Freeport-McMoRan (FCX). AstraZeneca (AZN) jumped 2% after the FDA approved the company’s anti-psychotic drug. Under Armour (UA) popped 5%. The company replaced IndyMac in the Standard & Poor’s Mid-Cap 400. Jeff Macke said the stock price will be stuck for a year. RF Micro Devices (RFMD) popped 4% after a Merrill Lynch analyst upgraded the stock. Adami said there’s a big short interest in RFMD and he doesn’t like it. Coach (COH) traded up 5%. Finerman said Coach is part of the retail rally.D…
Fuente Original

An unconventional attempt to deal with rising prices.…
Fuente Original

An unconventional attempt to deal with rising prices.…
Fuente Original

Inflation in the euro zone will have eased in April because of seasonal factors.…
Fuente Original

In an attempt to deal with rising prices.…
Fuente Original

“I’ve got a stock that’s levered to everything that’s working,” Jim Cramer told fans of his “Mad Money” TV show Wednesday. Cramer explained that Woodward is creating technology solutions that are in global demand. The company offers products that make gas and diesel engines more efficient and makes systems to reduce emissions from aircraft turbines. Woodward is also a play on wind power. The company just added its first Chinese turbine manufacturer and is building a new factory in Colorado. Cramer said the firm’s wind business is growing at 150% a year. Woodword Governor trades at only18 times earnings with a 12% growth rate. Sales last quarter grew at 19% and earnings per share jumped 48%. Cramer thinks WGOV should trade at 28 times earning, which would put the stock at $53.
…
Fuente Original

NA…
Fuente Original

Academics say their “sentiment indexes do, to a large extent, capture a prevailing greed versus fear.”…
Fuente Original

“I’ve got a stock that’s levered to everything that’s working,” Jim Cramer told fans of his “Mad Money” TV show Wednesday.
…
Fuente Original

Cramer welcomed back Bruce Carbonari, president and CEO of Fortune Brands (FO), to the show to discuss his company’s future prospects. Carbonari explained that while Fortune is tied to the housing market, most of Fortune’s products sell into the remodeling market and not the new home market. Cramer said 67% sell of FO’s home products sell into the remolding market. Fortune also has a diversified portfolio of other products like liquor and golf balls. Cramer asked Carbonari why FO sold its US wine business to Constellation Brands (STZ). Carbonari said they sold the low end wine segment because it wasn’t very profitable and consumers didn’t show brand loyalty like in spirits. He said Fortune’s strategy is to invest in and grow its own brands, rather than buy new brands. Finally, Carbonri said the golf side of the business is growing both in the US and abroad and FO is positioned to benefit. Cramer said he is bullish on Fortune. Once the housing sector rebound he thinks FO will take off faster than anything else.
…
Fuente Original

Cramer welcomed back Bruce Carbonari, president and CEO of Fortune Brands (FO), to the show to discuss his company’s future prospects. Carbonari explained that while Fortune is tied to the housing market, most of Fortune’s products sell into the remodeling market and not the new home market. Cramer said 67% sell of FO’s home products sell into the remolding market. Fortune also has a diversified portfolio of other products like liquor and golf balls. Cramer asked
…
Fuente Original

NA…
Fuente Original

While I’m playing with job data, here is a recruiting-eye view of the private equity bubble. I’m not sure how much more obvious it could have been. Striking stuff. …
Fuente Original