Recap of Jim Cramer's radio show on Wednesday October 25. Click on a stock ticker for more analysis:
Ford (NYSE:F) and General Motors (NYSE:GM) - Ford is up after reporting a $5 billion loss, and there seems to be a bright future for the company, comments Cramer who also praises GM's solid quarter. "GM is remarkable," Cramer said. "It turns out its costs were so high that it has been able to wipe out a third of the work force and still manufacture just as many cars." Although he regrets that the company let board member Jerry York go, he suggests that those who sold some GM stock buy some back since it will go up. Concerning Ford, Cramer commented, "they are just beginning to cut the fat there."
Wal-Mart (NYSE:WMT) and Home Depot (NYSE:HD), Target (NYSE:TGT) and Costco (NASDAQ:COST) - Cramer comments that Wal-Mart is not a pleasant place to shop and HD is also joining the "clueless retail club" since it has added numbers to its aisles when customers were once directed to desired items by employees. HD has also started selling coffee at its stores which is not what the customer expects or wants. He says that WMT and HD can learn something from Target and Costco about enhancing the shopping experience.
Clear Channel (CCU-OLD) - This company is going up after a long period of flatlining, but Cramer is still wary of CCU which has been resistant to past improvements, and he says that the people running the company are "dangerous when they try to do something about the stock." Live entertainment, outdoor advertising and getting into the Web were all experiments that failed and after it has "fired everyone it can fire," management is considering going private, a move that makes "no sense" according to Cramer who warns investors to stay away from CCU.
Norfolk Southern (NYSE:NSC) and CSX (NYSE:CSX) - Cramer commented that NSC was up $4 and reported a double-digit rise in earnings. However, the stock was brought down and is a buy, according to Cramer who also likes CSX.
Peabody Energy (BTU): Cramer says that this stock is a hold and expects it to rise to $8, and added, "It got cold and oil went back up, which made coal cheap," he said. "We are looking at lower coal prices as coal is bottoming."
Fisher Scientific (FSH) and Thermo Electron (NYSE:TMO): TMO reported that its merger with Fisher is going to benefit investors, and Cramer suggests holding on to FSH.
Constellation Energy (NYSE:CEG): Cramer says that this stock is a "good steady grower" and will move higher.
Harley-Davidson (NYSE:HOG): Hedge funds don't like HOG because they don't think the consumer will spend money on motorcycles, but Cramer would buy it even at a 52 week high because of the strength of its brand.
AU Optronics (NYSE:AUO): Cramer would stick with this company and likes it very much.
Nutri System (NSI): Cramer prefers to "avoid closely contested stocks" and comments that people either think that NSI is a fraud or a gold mine, and that the short-sellers are attacking NSI. Although it should be 10 points higher, Cramer warns investors to "stay away."
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