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
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Jim Cramer's Best Blogs

Stocks in this article: SBUXGMCRAAPLBRCMQCOM

We've seen an immense amount of skepticism if not outright scorn of CEOs during this bitter lost decade of equities. I know that it's often wrong to put too much stock in any one leader, given the now checkered track record of so many CEOs who had seemed incapable of missing numbers and disappointing investors.

But Schultz? He's two for two. And let me say that the triumphant return of Schultz was not trumpeted by the man. He made it clear when he came back that the turn would not be done in months, quarters or maybe even years. But it would turn.

He's now saying the same thing about Europe that he said about the disappointment in the U.S. years ago. The turn will be gradual, it will be long in the making, but it will occur. And today he said it has started. I am going with Schultz, not against him, because it has been a horrendous bet to go against Schultz in either the first or the second iteration of his leadership, and I think it will be a horrendous bet once again.

Action Alerts PLUS, which Cramer co-manages as a charitable trust, has no positions in the stocks mentioned.


Tech Is Treacherous

Posted at 1:33 p.m. EDT on Wednesday, Sept. 19

Get me some tech! I need new names here! That used to be the war cry I had at my old shop every September because I wanted to play the annual seasonal trade in this huge part of the S&P 500.

What hasn't moved yet? What has lagged, and what is about to play catch-up? Give me some merchandise!

Suffice it to say that those screams for new ideas aren't working any more. Tech is more treacherous than I have ever seen it and not because of potential shortfalls. It is treacherous because it feels like tech as we know it is going away.

This morning's downgrade of the semiconductor equipment sector is just one more nail in the coffin of the traditional places to run to if you want to own some tech to participate in the annual love fest. Nobody wants to own stocks of companies that pump out expensive machines that make chips for customers who are frantically trying to cut their equipment budgets.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV

Markets

DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Our Tweets

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs