Jim Cramer's Best Blogs

4. AMD (AMD Quote): OK, I get it, the company's not going out of business anymore, and the PC business isn't that bad. So what? The stock's had a bit of a run already.

5. Spectra (SE Quote): The fact that SE can rally even though natural gas is at its low is a little counterintuitive. The CEO already came on my show and said the decline in natural gas has eliminated the possibility of an upside surprise. If you like Spectra, go buy Williams (WMB Quote), which is the better bet at these levels.

6. Cummins (CMI Quote): I like Cummins on diesel and on engineering, but I don't see a catalyst to give it strength beyond today.

7. Citigroup (C Quote): Maybe still one more reorganization is exciting someone? Citigroup's problems now look more manageable than AIG's (AIG Quote) or Lehman's (LEH Quote) or Washington Mutual's (WM Quote)? I am not even bothering to include FNM and FRE anymore. If Citigroup goes above $20 and then don't do an equity offering, they are truly pathetic. Maybe someone likes the possibility that Bob Rubin's power is diminishing, which it seems to be with this new hierarchy? Or maybe Rubin's getting ready for another four-year trip to Washington for the Obama coronation.

8. Bank of New York (BK Quote): I think this one's been knocked down too much. It just isn't deserving of the tarring it has gotten. I don't see a lot of upside, but the downside is a tad overdone given less exposure to real estate and good fee income.

9. MBIA (MBI Quote): The biggest puzzle, along with PMI (PMI Quote). How did this company get off the hook for its Merrill (MER Quote) obligations? Houdini stock. Undeserving rally, though, because there's no real case for earnings acceleration -- or earnings, for that matter.

10. Weatherford (WFT Quote): Oil has a bit of a bid now, and whenever it does, people have been using this as an oil proxy. Nothing here vs. a Schlumberger (SLB Quote) or a Transocean (RIG Quote) -- which, by the way, foretold Friday's oil collapse perfectly.

At the time of publication, Cramer had no positions in the stocks mentioned.