This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Cramer Says Wait On Oracle

Stocks in this article: FDX ORCL EMC

NEW YORK ( TheStreet) -- Debra Borchardt: It's a tale of two companies. Federal Express (FDX)reported disappointing earnings for their quarter while Oracle (ORCL)hit a home run.

So Jim, let's talk about Oracle, because they came out with a really strong quarter and it wasn't long ago, maybe what a year ago, we were talking about Oracle and saying boy, they've got some things to fix. Looks like they've kind of got on the right path.

Jim Cramer: This was a great quarter for Oracle. Larry Ellison did many right things. This is Mark Hurd and Larry Ellison. Here's the main take away for Oracle, just in terms of surprise and wow factor. Europe, incredibly strong so you can only just presume, I mean, U.S. plus 20, Asia plus 13, but Europe up 12. They have the right products. They are selling them to the right customers. They've got big customers and this was a remarkable quarter. They put the, whatever people might have thought about the Sun Micro acquisition they are making it work. They've made a series of acquisitions look like they're all working. It's a great big day to play. We have EMC (EMC) in Action Alerts Plus, but I have to tell you Oracle, Stephanie and I, we were talking about how Oracle's great. FedEx is really interesting, because FedEx wasn't that good.

Debra Borchardt: Right. Right.

Jim Cramer: But, we own FedEx. We actually trimmed a little yesterday for fear that we knew it wasn't going to be that good, and the market wouldn't take it right, but Deb, we're in a weird moment and that moment is what was bad is now great. Not good, but great. FedEx has problems with Asia, well holy cow Asia's coming back and we own a company that doesn't reflect that yet. FedEx has come in at $93.

Debra Borchardt: And FedEx has issues with, as we know, they're premium service, that overnight service people don't want to pay for it, and a big bulk of their employees are in that area, and so they've got to put them out, trim that down and they're in the process of doing that, but that's going to take some time.

1 of 2

Select the service that is right for you!

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
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!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • 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