Thierry Martin
08-17-2005, 09:49 PM
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Cramer's Mad Money Daily Recap 8/17/05
Time to Go on the Defense
Jim Cramer said that although we're not in recession mode yet, we're in deacceleration mode.
Take profits in Phelps Dodge (PD) and Valero (VLO).
Cramer recommended stocks that can make money in a slowdown such as Google (GOOG), Yahoo! (YHOO), Altria (MO), Procter & Gamble (PG), UnitedHealth Group (UNH), Syneron Medical (ELOS), Humana (HUM) and Zimmer Holdings (ZMH).
Stay away from stocks like Abercrombie & Fitch (ANF), American Eagle Outfitters (AEOS), Pacific Sunwear (PSUN) and Urban Outfitters (URBN).
If you're diversified, your portfolio will be fine during this defensive period, Cramer said.
A caller asked which stocks should be bought and which tech stocks will be hurt in a downturn. Cramer said pay attention to companies with hot products, such as Apple Computer (AAPL), SanDisk (SNDK), Skyworks Solutions (SWKS), Intel (INTC) and Microsoft (MSFT).
"It's the high-quality names that you should buy. That's why Cicso (CSCO) is not working. Look at Best Buy (BBY) and what is selling there.
Oil Cycle Plays
A caller wanted to know what indicators Cramer sees that signal the cycle for oil and natural gas is over, and it's time to bail out. "When oil represented 5% of the S&P 500, I made a mental rule. When it doubles to 10%, I am going to pull back regardless of where oil is, regardless of where the earnings are, regardless of where the stocks are. We got there this week. We have to ring the register."
Gaza Withdrawal Plays
Cramer says to invest in Israel because he believes the evacuation of the Gaza Strip will be peaceful. Israel has low interest rates and falling inflation, and 1% of the population will need new homes. Cramer recommends First Israel Fund (ISL) as a way to play the entire Israeli stock market index.
Lightning Round
Bullish - Martha Stewart Living Omnimedia (MSO), Apple Computer (AAPL), XM Satellite Radio (XMSR), Thermo Electron (TMO), Global Signal (GSL), Comcast (CMCSA), Allegheny Technologies (ATI), Syneron, Sears Holdings (SHLD), Google (GOOG), Aramark (RMK), Commerce Bancorp (CBH), Wachovia (WB), Walgreen (WAG), CVS (CVS), Johnson & Johnson (JNJ), St. Jude Medical (STJ), Microsoft (MSFT), EnPro Industries (NPO), TurboChef Technologies (OVEN), LSI Logic (LSI) and IntraLase (ILSE)
Bearish - Sirius Satellite Radio (SIRI), Grey Wolf (GW), Micromuse (MUSE), Accenture (ACN), Arris Group (ARRS), Brunswick (BC), United States Steel (X), Adobe Systems (ADBE), Palomar Medical Technologies (PMTI), Travelzoo (TZOO), ISIS Pharmaceuticals (ISIS), TALX (TALX), Baidu.com (BIDU), Centerplate (CVP), Huntington Bancshares (HBAN), Fifth Third Bancorp (FITB), Unova (UNA), Symbol Technologies (SBL), Zebra Technologies (ZBRA), salesforce.com (CRM), Rite Aid (RAD), AngioDynamics (ANGO), WCI Communities (WCI), Krispy Kreme Doughnuts (KKD), Asta Funding (ASFI) and EnCana (ECA).
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Cramer's Mad Money Daily Recap 8/17/05
Time to Go on the Defense
Jim Cramer said that although we're not in recession mode yet, we're in deacceleration mode.
Take profits in Phelps Dodge (PD) and Valero (VLO).
Cramer recommended stocks that can make money in a slowdown such as Google (GOOG), Yahoo! (YHOO), Altria (MO), Procter & Gamble (PG), UnitedHealth Group (UNH), Syneron Medical (ELOS), Humana (HUM) and Zimmer Holdings (ZMH).
Stay away from stocks like Abercrombie & Fitch (ANF), American Eagle Outfitters (AEOS), Pacific Sunwear (PSUN) and Urban Outfitters (URBN).
If you're diversified, your portfolio will be fine during this defensive period, Cramer said.
A caller asked which stocks should be bought and which tech stocks will be hurt in a downturn. Cramer said pay attention to companies with hot products, such as Apple Computer (AAPL), SanDisk (SNDK), Skyworks Solutions (SWKS), Intel (INTC) and Microsoft (MSFT).
"It's the high-quality names that you should buy. That's why Cicso (CSCO) is not working. Look at Best Buy (BBY) and what is selling there.
Oil Cycle Plays
A caller wanted to know what indicators Cramer sees that signal the cycle for oil and natural gas is over, and it's time to bail out. "When oil represented 5% of the S&P 500, I made a mental rule. When it doubles to 10%, I am going to pull back regardless of where oil is, regardless of where the earnings are, regardless of where the stocks are. We got there this week. We have to ring the register."
Gaza Withdrawal Plays
Cramer says to invest in Israel because he believes the evacuation of the Gaza Strip will be peaceful. Israel has low interest rates and falling inflation, and 1% of the population will need new homes. Cramer recommends First Israel Fund (ISL) as a way to play the entire Israeli stock market index.
Lightning Round
Bullish - Martha Stewart Living Omnimedia (MSO), Apple Computer (AAPL), XM Satellite Radio (XMSR), Thermo Electron (TMO), Global Signal (GSL), Comcast (CMCSA), Allegheny Technologies (ATI), Syneron, Sears Holdings (SHLD), Google (GOOG), Aramark (RMK), Commerce Bancorp (CBH), Wachovia (WB), Walgreen (WAG), CVS (CVS), Johnson & Johnson (JNJ), St. Jude Medical (STJ), Microsoft (MSFT), EnPro Industries (NPO), TurboChef Technologies (OVEN), LSI Logic (LSI) and IntraLase (ILSE)
Bearish - Sirius Satellite Radio (SIRI), Grey Wolf (GW), Micromuse (MUSE), Accenture (ACN), Arris Group (ARRS), Brunswick (BC), United States Steel (X), Adobe Systems (ADBE), Palomar Medical Technologies (PMTI), Travelzoo (TZOO), ISIS Pharmaceuticals (ISIS), TALX (TALX), Baidu.com (BIDU), Centerplate (CVP), Huntington Bancshares (HBAN), Fifth Third Bancorp (FITB), Unova (UNA), Symbol Technologies (SBL), Zebra Technologies (ZBRA), salesforce.com (CRM), Rite Aid (RAD), AngioDynamics (ANGO), WCI Communities (WCI), Krispy Kreme Doughnuts (KKD), Asta Funding (ASFI) and EnCana (ECA).