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
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Cramer's 'Mad Money' Recap: No Reason to Panic

However, since then Piper Jaffray noticed that unique visitors began to slow and the firm began worrying about the company's European exposure. After a huge run up in the stock, the firm now feels that Expedia is worrisome.

Stifel Nicolaus analysts, on the other hand, are still bullish on Expedia and are not worried about Europe. The firm cited continued payoffs from the company's technology upgrades as reasons to continue to own the stock.

Cramer said after hearing both arguments, he's siding with the more cautious Piper Jaffray and is adding Expedia to his Sell Block. Cramer once again reminded viewers that price matters when it comes to buying stocks, and with Europe still a major concern for the travel industry Expedia cannot justify its share price.

"There will be a better chance to buy this one at a lower price," Cramer concluded.

Gone Fishing

Is it time to go bottom fishing for some of the most beaten-down industrial stocks? Cramer said when it comes to Eaton (ETN), a stock that's down 29%, the answer is decidedly "yes."

Shares of Eaton now sport a 4% dividend yield, said Cramer, a level that has historically been a great time to buy. Back in 2008, during the depths of the recession, Eaton shares were able to hold at the 4% level and Cramer said they're likely to do it again given that the company just recently boosted its dividend once more.

But there are lots of reasons to like Eaton other than valuation. Cramer said the company's planned acquisition of Cooper Industries (CBE) will be transformative, creating over $375 million a year in synergies and turning Eaton into primarily an electrical equipment player with 59% of sales stemming from that industry. The combined Eaton will also have more exposure to higher-margin products and faster-growing emerging markets.

2 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link 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

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, 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!

Markets

DOW 17,828.24 +0.49 0.00%
S&P 500 2,067.56 -5.27 -0.25%
NASDAQ 4,791.63 +4.3130 0.09%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

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