Recap of Jim Cramer's radio show on Thursday September 21. Click on a stock ticker for more analysis:
CVS (NYSE:CVS), MedcoHealth (NYSE:MHS), Wal-Mart (NYSE:WMT), Rite Aid (NYSE:RAD), Walgreen (WAG) and Kimberly-Clark (NYSE:KMB) - Cramer said that CVS and MHS are down because of what must be a "PR campaign" by Wal-Mart and that RAD, and WAG also fell hard when the retail giant cut its prices. However, Cramer would stick with both companies and considers RAD as a speculative play.
Tribune (TRB) - Cramer says that other newspapers can learn alot from TRB whose Los Angeles Times could be sold to "a bunch of rich people" and that Mark Cuban owner of the Dallas Mavericks is willing to "pay any price" to TRB for the Chicago Cubs. Cramer sees "a lot of value here" and risk-reward ratio which is 8 points up and 2 points down.
Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS) - Not all investment banks are created equal and Cramer clears up the misconception that GS is just a "giant hedge fund" that trades a lot of capital and is secretive about its activities when it makes its money in other departments and it is MS, according to Cramer, that earns its revenue shorting commodities. Cramer concludes that MS's earnings are not sustainable and GS's are stable
Cramer on Demand: USG (NYSE:USG) - TheStreet.com readers voted USG as the stock they most wanted to discuss. Cramer comments on the fact that Warren Buffet's Berkshire Hathaway (NYSE:BRK.A) is buying alot of USG even though 60% of the company is involved in housing which is in a slump "if not a recession" right now. Buffet can afford to weather the storm for a stock which will have "incredible value" in the long term. Right now the stock is cheap, and Cramer says that if Buffet likes it, he likes it too.
Federated Stores (FD), Coldwater Creek (NASDAQ:CWTR), J.C. Penney (NYSE:JCP): Cramer likes these retail stocks especially since the price of fuel is lower.
First Marblehead (NYSE:FMD): This stock is going up so fast that if it were a car, Cramer would "issue it a speeding ticket": FMD jumped from $40 in August to $64. Cramer likes the company and he would ring the register now while making sure to pick some up again when there is a decline.
Broadcom (BRCM): Cramer predicts a lackluster quarter for BRCM but believes that it will only lose a dollar. He suggests buying some now and the rest after it reports its numbers.
Boeing (NYSE:BA): This company has not been flying high in its fundamentals but Cramer would buy some now $13 from its high since it is a "total go."
Urban Outfitters (NASDAQ:URBN): Cramer says that everyone is flocking to retail because of the low price of gasoline, however URBN has "lost its way" and he doesn't have confidence in the company.
Ingersoll-Rand (NYSE:IR): Cramer admits that this stock has been "very disappointing" but believes it is still a "smart company" and that it will recover, but not before going down a few more points.
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