Welcome back, Cramer!

[Svenwulf]

Good to see him back full of vim and vigor. Fast money or the survival guides might be more useful, but man is Cramer the best to watch!

[bahroor]

Thank you very much. It's good to be back!
Boooooya!!

[MoMoney4Me]

I think Cramer might have had a bit of scotch before the show.

A point he has emphatically stressed in the past has been to "never buy an airline stock". I've never agreed with it because I've made money on AMR and Airtran in the past.

But in Wednesday night's lightning round he was bullish on GOL Linhas Areas Inteligentes, AMR , and Continental Airlines.

I think they might be good plays too, but isn't this contradicting his previous advice? What gives ?

[church mouse]

Could it be because he says we are in the first half of a positive cyclical trend for the aerospace industry?
Beth Ann

[MoMoney4Me]

Could it be because he says we are in the first half of a positive cyclical trend for the aerospace industry?
Beth Ann

It could be, but we've been in that trend for over a year or so, during in which time Mr. Cramer has been bullish on BA - Boeing. That trend could continue for up to 7 years.
But during all this time I have yet to hear him approve of an airline stock and usually he hits the "don't buy" button on the show repeatedly, along with the "train crash" and "baby crying" sound effects.

I change my opinion on stocks when trends change as well, but I thought highly unusual for him to be pumping the airlines on Wednesday's show.

[church mouse]

It was different for sure, and caught my attention. But that's what I adore about the guy. He catches my attention, AND makes me money!

They called me to ask a question on the show last night on the LR, but I did not have the time to wait on hold, as I was making my dad some bread. I want to ask him a question about the new tap pass thing Mastercard uses. I want to know who makes the tap thing for them, because I believe that will be everywhere in a year.

I also want to find a good NASCAR play. I liked SGG, as they make the brakes, but looking for something more involved wth that money making machine.

Beth Ann

[MoMoney4Me]

Cramer's recommendations and advice can make you a lot of money, but he often misses the mark as well.
I've followed his Mad Money show almost daily for over a year now and found that his picks are usually momentum plays at or near 52 week highs. It pays to do the additional homework that he advises before making a decision to pull the trigger, and wait for a pullback to a better buy point.

For instance, during Wednesday night's show Cramer took a call in the "Am I Diversified" segment of the show that had Hershey, Microsoft, Apple, 3M, and Honeywell in her portfolio. In the conversation he stated that 3M was his "top Dow stock pick". If you had rushed to buy it yesterday you would have been slaughtered when it reported earnings today.


Disappointing quarterly estimates from 3M, a company whose operations touch numerous areas of the economy, troubled traders and contributed to lingering concerns that the Fed is running the risk of lifting rates too high. 3M said its second-quarter sales would be around $5.7 billion, an increase of 7.5% to 8% from last year. Still, excluding the impact of acquisitions, divestitures and foreign currency fluctuations, sales growth will be near the low end of the company's previous guidance of 5% to 8%. The stock slid $7.29, or 9%, to $74.10 and was the biggest drag on the Dow.

Cramer also recommended FCX during the show as the best way to play natural resources, over plays that he considered speculative such as KRY, CUP, and EZM. It also has dropped several days in a row since his mention of it. Notice the Cramer effect early Thursday morning, then the immediate drop for the rest of the day and into Friday.
http://ichart.finance.yahoo.com/w?s=FCX

I certainly enjoy his show and find a lot of stock ideas to further research, but it goes to show that buying his picks on faith in Cramer will often lose you more money than you'll ever make.

[Stas1976]

I have invested in FCX and made a little cash on it but I can admit that it was mostly due to the market intensive optimism after 0.25%(only) rate increase that happened on June 30.
Speaking honestly I dont know what is the stock that you can make money for sure. I think if it was a different time FCX would be a great performer due to the weaking US dollar. Fundamentaly gold and other precious metalls are a hedge against the inflation.

Cramer just put your focus on something that might be intresting. But for now any stock can be a victim except clearly defensive stocks.

http://stas.jsn-server2.com/stocks/fcx.jpg