Gas Prices are RidiculousAccording to George Bush, India is in part responsible for America’s high gas prices. Here’s a little humor to lighten the otherwise serious situation. With oil hovering around $127 a barrel we need to maintain a sense of humor.
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But the U.K. property market will find it difficult to recover.…
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But U.K. property market will find it difficult recover.…
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Just because you are rich and famous does not preclude you from being a putz.
Pretty much EVERYONE that dos TV talking head stuff… IS A PUTZ. The President is Bill O’Reilly.
The following two videos made me laugh out f@#cking loud. With a budget like Steven Colbert has and the material that Bill O’Reilly gave him, you would come to expect the greatness he delivers. For web based B…
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Apparently Yang Disease is spreading at Yahoo. Recall, this is a company that seemingly thinks that, despite being a struggling outfit presented with a 70% price premium over its then trading price, it is the one that gets to set the terms of the takeover discussion. The latest evidence , Yahoo’s chair Bostock has joined the anti-acquisition fray tonight with a meandering and illogical l…
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Ohio has effectively shut the door on payday lending. The state legislature — a bunch of nanny do-gooders — recognized the seen: the closing of 1,600 payday stores and the loss of some 6,000 jobs. But these same folks missed the unseen: the tens or hundreds of millions of dollars invested in these businesses; with investment losses to be suffered by many, unknown Ohioans.
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Foreign trade in the euro zone has held up well in the face of the global economic slowdown.…
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Europe will fail to impress, but the probability of a recession is low.…
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Hong Kong’s March quarter GDP growth came in at 1.8% q/q, compared to a downwardly revised growth rate of 1.5% booked in the December quarter. On a year-ago basis, the Hong Kong economy expanded 7.1% in the opening stanza of 2008.…
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Europe will fail to impresse but probability of a recession is low.…
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In the “Sell Block” segment, Cramer warned investors to stay away from IndyMac Bancorp (IMB) and Standard Pacific (SPF). He said low-dollar speculative stocks can wipe investors out overnight. Cramer pointed out that both stocks are horrible. He told investors to look at the charts and they will see these stocks were trading above $30 less than two years ago, and now are as low as $2 a share. “Stocks don’t get down to these prices because they’re doing well,” he said. Cramer explained that IndyMac’s bad loans are rising and the company keeps diluting shareholders by raising additional capital. The company is also heavily exposed to some of the worst areas in California, which makes up almost 50% of its holdings. Cramer said that Standard Pacific is in bad shape with new orders and sales down big. The company is also heavily exposed to California, the Southwest and the Southeast, which are all doing poorly. Cramer advised investors to stay away from these risky stocks. Don’t be fooled by the low share price, that doesn’t mean they’re cheap.
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Grant writes, “My fiance and I noticed that you take your watch off at the beginning of every Lightning Round. Is this due to the excitement, madness and flailing arms? Do you realize you even do it? I’m sure it’s a nice watch, maybe a bit heavy? By the way, thank you for Yamana Gold (AUY), I’ve been buying on the way down!” Cramer said Yamana Gold is his favorite gold stock and he owns it for his charitable trust. He said he takes the watch off because he doesn’t want to break it.
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“Even with their economy cooling, Chile still has a hotter economy than we do,” Jim Cramer told fans of his “Mad Money” TV show Thursday. Cramer pointed out that even with a slowing economy, Chile still grew its GDP by 3.5% in 2007. He explained that this Latin American gem will continue to boom as China grows because nearly one-third of the global copper production comes out of Chile. Cramer advised investors to buy shares of Banco Santander (SAN). He said SAN has one of the highest credit ratings of any South American company, and is the largest, best-run and most profitable of all the Chilean banks. He mentioned that money managers in the U.S. like to buy the stock when they want to have some exposure to Chile. Santander grew assets by a whopping 23% in 2007 and reported a 25% return on equity. “You won’t find this growth in any U.S. bank,” Cramer said. Shares of this red hot bank have outperformed U.S. peers since Cramer last recommended it on Oct. 11, 2007 - SAN registered returns of 20% from his call, while Washington Mutual (WM) fell 70% during the same period, Citigroup (C) plunged 44%, and Wachovia slipped 44%. Cramer also likes SAN because due to heavy government regulation, the top five banks in the country control 80% of the financial market. Lastly, Cramer loves the 4.5% dividend yield and shares trade at just 11 times earnings, with a 13% income growth rate.
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“Even with their economy cooling, Chile still has a hotter economy than we do,” Jim Cramer told fans of his “Mad Money” TV show Thursday. Cramer pointed out that even with a slowing economy, Chile is still grew its GDP by 3.5% in 2007. He explained that this Latin American gem will continue to boom as China grows because nearly one-third of the global copper production comes out of Chile. Cramer advised investors to buy shares of Banco Santander (SAN). He said SAN has one of the highest credit ratings of any South American company, and is the largest, best-run and most profitable of all the Chilean banks. He mentioned that money managers in the U.S. like to buy the stock when they want to have some exposure to Chile. Santander grew assets by a whopping 23% in 2007 and reported a 25% return on equity. “You won’t find this growth in any U.S. bank,” Cramer said. Shares of this red hot bank have outperformed U.S. peers since Cramer last recommended it on Oct. 11, 2007 - SAN registered returns of 20% from his call, while Washington Mutual (WM) fell 70% during the same period, Citigroup (C) plunged 44%, and Wachovia slipped 44%. Cramer also likes SAN because due to heavy Chilean regulation, the top five banks in the country control 80% of the financial market. Lastly, Cramer loves the 4.5% dividend yield and shares trade at just 11 times earnings, with a 13% income growth rate.
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“Even with their economy cooling, Chile still has a hotter economy than we do,” Jim Cramer told fans of his “Mad Money” TV show Thursday. Cramer pointed out that even with a slowing economy, Chile is still grew its GDP by 3.5% in 2007. He explained that this Latin American gem will continue to boom as China grows because nearly one-third of the global copper production comes out of Chile.
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Cramer recommended shares of Chilean utility company Eneris (ENI) as a safe way to play the emerging market growth in Chile. He compared ENI to Brazil’s CPFL Energia (CPL), which is another high-growth utility in Latin America. Cramer pointed out that ENI has a diversified revenue stream with sales split between its power generation and distribution businesses. The company is also an eco-friendly play with two-thirds of its power generation coming from hydro-electric sources. He said the company has future plans to invest up to $5 billion into new projects and for its infrastructure by 2021. The stock has a 2.1% dividend yield and trades at just 19 times earnings, which is a big discount when compared to the average valuation for global utility stocks. Cramer thinks the stock can reach the mid-$20s.
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