FB, GOOGL, C: Jim Cramer's Views

Cramer shares his views on how the market rallying is good news for some stocks. Facebook, Google and Citigroup are among the stocks discussed.
By Jim Cramer ,

Jim Cramer shares his views every day on RealMoney.Click here for a real-time look at his insights and musings.

Cramer: It's Jobs Days, but Look at Oil and Banks, Too

Posted at 7:34 a.m. EDT on Friday, July 8, 2016

No kidding; Friday was employment day. But I can't stress how make-or-break this oil level is. You have a potential for a breakdown if this level doesn't hold, which could trump anything that comes from the number.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS was long WWAV.

But here's something else to think about: the European banks are the epicenter of the systemic risk out there. If there is anything that can stop a rollover, it would be this group, and the one with the strongest fundamentals is Lloyds (LYG) - Get Report . So put that on your screen.

Our bank stocks are entirely reacting to vicious number cuts that are expected when the banks report. If we don't get them -- and I don't know how that is possible, but it could be the case, given the whisper cuts -- then the higher-yielding banks might come into play, too.

Remember, the air is thick with deals in the food space. Mondelez (MDLZ) - Get Report must do something to grow. WhiteWaveFoods (WWAV) , which is a member of the Action Alerts PLUS charity portfolio? Back to Hershey (HSY) - Get Report ? Don't rule out something special.

And you need to keep an eye on non-Amazon retailers, as they tried to make a run Thursday. So did the airlines, but the numbers haven't come down enough, and I am most suspicious of the rails, given the endless runup of natural gas.

That means coal is still too highly valued as a cargo. You are on your own with that group, for certain.

Cramer: Some Bedraggled Stocks Rally, and That Can't Be Bad

Posted at 5:15 p.m. EDT on Thursday, July 7, 2016

Can retail and airlines lead? Can the beaten-up Apple (AAPL) - Get Report suppliers get some footing? Can the rest of the market rally if oil keeps going lower off of astonishingly high inventories?

Talk about question marks. One thing for certain, though, is this was a short squeeze day. One of the easiest shorts in this market had been retail. Think Costco (COST) - Get Report , which like Apple is part of the Action Alerts PLUS portfolio, with its credit problems and low same-store sales, or Nordstrom (JWN) - Get Report with repeated misses, or Gap (GPS) - Get Report , which surprised! If we extrapolate Gap, then this group romps.

Airlines have been pathetic value traps, but their rally today seemed more than dead-cat bounce. Just need one solid piece of good news there and you could have a run.

Component parts? I don't know. Western Digital (WDC) - Get Report beat, but off a very low level. Qorvo (QRVO) - Get Report and Skyworks (SWKS) - Get Report are just Apple iPhone 7 shortfall plays.

The one that continues to work is Nvidia (NVDA) - Get Report . The one I think is the cheapest because of its Internet of Things panoply of business, Action Alerts PLUS holding NXP Semiconductors (NXPI) - Get Report , acts terribly. But then again, to switch groups, so did WhiteWave Foods (WWAV) , another Action Alerts PLUS holding, before the bid for it by Danone.

Look, oil is in charge. The reversal was brutal. But some truly bedraggled stocks rallied, and that can't happen without something good behind it.

Action Alerts PLUS, which Jim Cramer co-manages as a charitable trust, is long AAPL, COST, NXPI and WWAV.

Cramer: Amazon Hits All-Time High Without Retail Folding

Posted at 4:14 p.m. EDT on Wednesday, July 6, 2016

Amazon (AMZN) - Get Report hitting an all-time high is fitting for Wednesday, a monster turnaround day from where the futures started things.

Amazon has been a diffident stock, frankly, one that has truly been taking share in a host of industries in the last six months, but its stock hadn't demonstrated the robust nature of the sales. Today seems like a day where Amazon is getting its due, and that's quite bullish.

Similarly, it's a banner day for Facebook (FB) - Get Report : It's the day that FB took out the price that Andrew Left from Citron said "sell it" in a rare valuation call. I have always felt that the psychological onslaught on Facebook, which is part of the Action Alerts PLUS portfolio, has a lot to do with Snapchat's popularity. I think they can coexist.

Needless to say, the bears are in full force on Netflix (NFLX) - Get Report , making negative projections all over the place.

But most encouraging was that Bob Peck put the current zeitgeist of Alphabet (GOOGL) - Get Report in perspective as it's clear that the stock (another Action Alerts PLUSholding) has digested at least some of the earnings stagnancy.

The big difference with today's rally is that the run in Amazon hasn't included a concomitant attack on retail. That's distinctly good news for the overall market. Of course, the airlines and the banks are still free fire zones, and I am sure short sellers everywhere are uniting on an attack of Wells Fargo (WFC) - Get Report and Citigroup (C) - Get Report -- two more Action Alerts PLUS holdings -- and JPMorgan Chase (JPM) - Get Report . They're too juicy to ignore. And, some good news for Citron's Left -- Chemours (CC) - Get Report is totally pathetic.

Facebook/Chemours -- win some, lose some!

Action Alerts PLUS, which Jim Cramer co-manages as a charitable trust, is long FB, GOOGL, C and WFC.

Action Alerts PLUS

, which Cramer co-manages as a charitable trust, is long WWAV, AAPL, COST, NXPI, FB, GOOGL, C and WFC.

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