This Day On The Street
Continue to site
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

3 Buys, 2 Sells From Jim Cramer As Dow Reaches 14,000

During the week of January 28, 2013, Jim Cramer made bullish and bearish references to 36 companies. He was bullish on 29 of the calls, or 80% of the time. For the week, the Dow reached an important 14,000-level. This is important, because the index did not reach that level since 2007. The S&P 500 rose around 0.7% while the Nasdaq’s ETF ( QQQ) rose 0.99%. [More Cramer Lists:  3 Buys, 2 Selling Ideas from Jim Cramer, Week of Jan 21]

The rise in the down will invariably bring out optimists calling for more gains, and pessimists warning investors that there is pain ahead. The calls will add to the noise and the confusion in making a correct forecast. Investors must ignore the noise on both sides and pay attention to the measurements that matter: home prices in the United States, quality of earnings by companies, and hints that quantitative easing will end.

Like in the previous week, Cramer mentioned (AMZN) and SAP AG (SAP) again on January 30 and was positive on both companies. Amazon reported profit margins that were better than analyst expectations. The companies that also received favorable mention were Vale SA (VALE), eBay (EBAY), and Nokia (NOK).


Analysis and Discussion


SandRidge Energy (SD). Sell. The company is under scrutiny by TPG-Axon, with calls being made for investigating CEO Tom Ward. TPG-Axon wants shareholders to amend the company’s bylaws and to replace the current board. SandRidge responded to the allegations by saying: "The Board has reviewed issues related to these allegations several times over the company's history and has found no wrongdoing to have taken place. SandRidge dropped 6.4% for the week.

Clearwire Corporation (CLWR). Sell. Clearwire is up by nearly 3-times from its 52-week low. The company did not accept financing yet from Sprint (S), which amounts to $80M. Sprint is offering $2.97 per share for Clearwire. Shares are up because Dish Networks (DISH) is offering $3.30 per share, albeit under complex terms.

Vale S.A. (VALE). Buy.  Vale reported iron ore output rose 3.1% to 85.5M metric tons. Better weather conditions in Brazil and higher productivity at the Carajas complex helped Vale perform relatively better than its Australian competitors.

eBay (EBAY). Buy. The high-quality of earnings continues to be supported by the performance of PayPal, but eBay could be getting competition. Facebook ( FB) is beginning to sell retailer gift cards. This could add pressure for PayPal. For now, the unit, and eBay’s core business, is solid.

Nokia (NOK). Buy. Nokia appears to have peaked at above $4.50. Shares closed at $4.00, and dropped after its competitor, “Blackberry” announced the release of Blackberry 10. Nokia’s Lumia device is vying for growth in the corporate space, but Blackberry’s core strength in this space could improve over the next few quarters


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
Only $9.95
14-Days Free
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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.64 0.00%
FB $118.57 0.00%
GOOG $698.21 0.00%
TSLA $241.80 0.00%
YHOO $36.53 0.00%


Chart of I:DJI
DOW 17,891.16 +117.52 0.66%
S&P 500 2,081.43 +16.13 0.78%
NASDAQ 4,817.5940 +42.2360 0.88%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs