This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

RealMoney Radio: Shifting Sands

Jim Cramer told his first "RealMoney" radio show caller Monday that now is not the time for him to buy more Las Vegas Sands (LVS - Get Report).

The caller bought the stock in the low-$50s, and the stock is now in the low-$70s. Cramer said that he would take a quarter of his position off the table and lock in a profit. "Word is out that Macau is producing some fabulous returns for the company," Cramer said. "Once the good news is out, we want to be more inclined to sell ... We need to recognize that when other people have heard the good news, it's later than we like."

Cramer also said that stocks like Tribune (TRB) and New York Times (NYT - Get Report) are "coiled springs."

These stocks have been stuck for a long time at a particular level, and then they suddenly move up, he said.

The tendency is to say that they've been stuck and that now they're finally moving higher it's time to ring the register and make some money, Cramer said. But that would be wrong.

Once unstuck, Cramer said that Tribune could run higher for 3 or 4 points, so he wouldn't cash in yet. Let it go to $31 or $32, and then move on to better pastures, he said, adding that he likes Internet more than newspaper stocks.

A caller said that he had 101 shares of Dominos Pizza (DPZ - Get Report), and that he took 25 shares off the table because the stock has moved up significantly.

Cramer said that this was the right thing to do, and that he would even be inclined to take another 25 shares off. He mentioned that David A. Brandon, the chief executive of the company, had appeared on his "Mad Money" television show a few weeks ago. During that appearance , " Brandon did a compelling job explaining why the company's long-term forecast could be great," Cramer said.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
ALJ $13.87 1.60%
CIB $41.61 -0.76%
CIEN $20.91 0.58%
DPZ $104.02 0.09%
LVS $56.70 0.71%

Markets

DOW 18,214.42 -10.15 -0.06%
S&P 500 2,110.74 -3.12 -0.15%
NASDAQ 4,987.89 +20.7530 0.42%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs