Cramer's Stop Trading! A Big Turn for General Electric (11/6/09)

Stocks discussed on Jim Cramer's Stop Trading! TV segment, Friday November 6.

General Electric (GE), Urban Outfitters (URBN), Skyworks Solutions (SWKS), Travelers (TRV)

The Oppenheimer and Bernstein upgrade of General Electric (GE) to "outperform" indicates a "big turn" that is in store for the company. The stock seems "very expensive" for 2009, but is not too pricey for 2010.

Cramer thinks Urban Outfitters (URBN) is "underrated and "undervalued." He expects the company to report "the single best year-over-year numbers." He is also bullish on Skyworks (SWKS), which increased its outlook for the quarter.

There is a price war in the insurance sector and Cramer thinks Travelers (TRV) is the only one with the balance sheet to survive it. He praised the management of CEO Jay Fishman who is "the greatest investor no one ever talks about."

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Comments

[Michael Clark:]

That's odd. I just gave a sell signal on GE. I wonder which one of us is right?

Test Range: 2/19/62 to 11/6/09

Net P&L: 140.94
Percent Net P&L: 8,960.73%

Number of Trades: 67
Average P&L per Trade: 2.10
Percent Winning Trades: 77.61%

Total Days in Test: 2489
Percent Days in Market: 99.56%
Average P&L per Day: 0.06

Max Drawdown: 15.75
Reward/Risk Ratio: 8.949

Buy & Hold P&L: 13.76
vs. B&H P&L: 127.19
vs. B&H Percent P&L: 8,086.11%
vs. B&H Reward/Risk Ratio: 8.688

Current Position: Short
Open Trade P&L: 0.00
Traded Last Day: Enter Short

Entry Exit
# Type Bars Date Date P&L Pts P&L % Reason for Exit

1 Short 12 04/30/62 07/23/62 +0.17 +11.32 Exit Short Rule
2 Long 94 07/23/62 05/11/64 +0.41 +31.23 Exit Long Rule
3 Short 8 05/11/64 07/06/64 +0.03 +1.95 Exit Short Rule
4 Long 82 07/06/64 01/31/66 +0.67 +39.09 Exit Long Rule
5 Short 37 01/31/66 10/17/66 +0.43 +18.33 Exit Short Rule
6 Long 10 10/17/66 12/27/66 -0.09 -4.84 Exit Long Rule
7 Short 16 12/27/66 04/17/67 -0.13 -7.20 Exit Short Rule
8 Long 25 04/17/67 10/09/67 +0.29 +14.49 Exit Long Rule
9 Short 140 10/09/67 06/15/70 +0.81 +35.79 Exit Short Rule
10 Long 49 06/15/70 05/24/71 +1.04 +71.86 Exit Long Rule
11 Short 13 05/24/71 08/23/71 +1.20 +48.07 Exit Short Rule
12 Long 75 08/23/71 01/29/73 +0.14 +10.44 Exit Long Rule
13 Short 88 01/29/73 10/07/74 +0.65 +45.63 Exit Short Rule
14 Long 7 10/07/74 11/25/74 -0.01 -0.67 Exit Long Rule
15 Short 9 11/25/74 01/27/75 -0.03 -4.04 Exit Short Rule
16 Long 30 01/27/75 08/25/75 +0.16 +19.73 Exit Long Rule
17 Short 6 08/25/75 10/06/75 -0.03 -2.70 Exit Short Rule
18 Long 43 10/06/75 08/02/76 +0.16 +15.79 Exit Long Rule
19 Short 36 08/02/76 04/11/77 +0.03 +2.27 Exit Short Rule
20 Long 18 04/11/77 08/15/77 +0.02 +1.86 Exit Long Rule
21 Short 34 08/15/77 04/10/78 +0.14 +11.87 Exit Short Rule
22 Long 26 04/10/78 10/09/78 +0.10 +9.84 Exit Long Rule
23 Short 22 10/09/78 03/12/79 +0.10 +9.43 Exit Short Rule
24 Long 29 03/12/79 10/01/79 +0.08 +8.08 Exit Long Rule
25 Short 10 10/01/79 12/10/79 +0.08 +7.00 Exit Short Rule
26 Long 15 12/10/79 03/24/80 -0.01 -1.04 Exit Long Rule
27 Short 8 03/24/80 05/19/80 -0.04 -3.94 Exit Short Rule
28 Long 51 05/19/80 05/11/81 +0.31 +30.20 Exit Long Rule
29 Short 21 05/11/81 10/05/81 +0.16 +12.18 Exit Short Rule
30 Long 93 10/05/81 07/18/83 +1.05 +88.55 Exit Long Rule
31 Short 7 07/18/83 09/06/83 +0.09 +4.21 Exit Short Rule
32 Long 21 09/06/83 01/30/84 +0.14 +6.34 Exit Long Rule
33 Short 8 01/30/84 03/26/84 -0.02 -0.70 Exit Short Rule
34 Long 9 03/26/84 05/29/84 -0.07 -2.97 Exit Long Rule
35 Short 9 05/29/84 07/30/84 -0.15 -6.57 Exit Short Rule
36 Long 56 07/30/84 08/26/85 +0.18 +7.49 Exit Long Rule
37 Short 9 08/26/85 10/28/85 +0.04 +1.64 Exit Short Rule
38 Long 40 10/28/85 08/04/86 +0.55 +22.08 Exit Long Rule
39 Short 11 08/04/86 10/20/86 -0.13 -4.26 Exit Short Rule
40 Long 47 10/20/86 09/14/87 +1.81 +56.82 Exit Long Rule
41 Short 37 09/14/87 05/31/88 +1.44 +28.81 Exit Short Rule
42 Long 113 05/31/88 07/30/90 +2.26 +63.62 Exit Long Rule
43 Short 15 07/30/90 11/12/90 +1.20 +20.60 Exit Short Rule
44 Long 38 11/12/90 08/05/91 +1.52 +32.94 Exit Long Rule
45 Short 19 08/05/91 12/16/91 +0.32 +5.26 Exit Short Rule
46 Long 116 12/16/91 03/07/94 +2.96 +50.90 Exit Long Rule
47 Short 40 03/07/94 12/12/94 +0.40 +4.51 Exit Short Rule
48 Long 140 12/12/94 08/18/97 +13.25 +158.19 Exit Long Rule
49 Short 4 08/18/97 09/15/97 -1.77 -8.20 Exit Short Rule
50 Long 48 09/15/97 08/17/98 +6.48 +27.68 Exit Long Rule
51 Short 8 08/17/98 10/12/98 +1.94 +6.48 Exit Short Rule
52 Long 68 10/12/98 01/31/00 +19.25 +68.91 Exit Long Rule
53 Short 7 01/31/00 03/20/00 -5.83 -12.36 Exit Short Rule
54 Long 29 03/20/00 10/09/00 +3.98 +7.51 Exit Long Rule
55 Short 26 10/09/00 04/09/01 +12.30 +21.58 Exit Short Rule
56 Long 8 04/09/01 06/04/01 +3.44 +7.70 Exit Long Rule
57 Short 19 06/04/01 10/22/01 +9.26 +19.24 Exit Short Rule
58 Long 14 10/22/01 01/28/02 -2.03 -5.22 Exit Long Rule
59 Short 57 01/28/02 03/03/03 +12.55 +34.06 Exit Short Rule
60 Long 34 03/03/03 10/27/03 +4.71 +19.38 Exit Long Rule
61 Short 5 10/27/03 12/01/03 -0.09 -0.31 Exit Short Rule
62 Long 83 12/01/03 07/05/05 +5.89 +20.24 Exit Long Rule
63 Short 58 07/05/05 08/14/06 +0.99 +2.83 Exit Short Rule
64 Long 64 08/14/06 11/05/07 +4.38 +12.88 Exit Long Rule
65 Short 74 11/05/07 04/03/09 +27.44 +71.50 Exit Short Rule
66 Long 30 04/03/09 11/06/09 +4.39 +40.13 Exit Long Rule
67 Short 1 11/06/09 11/06/09 0.00 0.00 Open

Nov 09 05:43 AM

[chris coonan:]

Cramer, what about the street rumor that Walmart is buying Target Stores? That is pretty big news is it not?

Will the Bullseye be placed in front of the WALMART word?

Nov 09 10:11 AM

[bottoms-up:]

Cramer,

This is absolutely typical of your garbage.

This wouldn't have anything to do with your own stock portfolio in GE, would it?

Did you just happen to tell everyone that your CNBC contract includes partial payment in GE shares? Perhaps that was somewhere at the bottom of the screen in 1 x 1 pixel print.

Cramer, please don't play the public as a fool to pump-up your retirement or stock portfolios.

Nov 10 09:40 AM