Stocks discussed on the in-depth session of Jim Cramer's Mad Money Program, Friday, February 12.
The volatility in the last three weeks has affected the stocks that had nothing to do with the macro economic weakness. Hence, this can be used as an opportunity to buy such stocks that had nothing to do with the selloff. "We still have to listen to what individual companies have to say, and when the market calms down, we can figure out what's so darned cheap and do some buying," said Cramer.
With that, Cramer discussed his game plan for the week.
Monday marks a market holiday for Presidents' Day.
Hormel Foods (NYSE:HRL) will report earnings on Tuesday. Cramer advised exercising caution since the stock is near its all-time high as investors have flocked back into safe and consistent companies.
Zoetis (NYSE:ZTS), which has been hammered by short-sellers, will report earnings too.
Dr Pepper Snapple (NYSE:DPS) will report earnings on Wednesday. Cramer likes the stock and advised buying it on weakness. Priceline (NASDAQ:PCLN) and T-Mobile (NASDAQ:TMUS) have been down so far and are due for a bounce. Priceline can be bought once it falls after the earnings. T-Mobile is a buy at current price.
Wal-Mart (NYSE:WMT) has set its expectations very low during the last quarter and it might be able to beat the estimates this time in Cramer's opinion. He'd buy the stock once it starts yielding 3.5% and above.
Six Flags (NYSE:SIX) is a play on lower gasoline prices. The stock yields 5% and can be bought after the earnings.
VF Corp. (NYSE:VFC) will report earnings on Friday. It the stock trades down after the earnings and yields 3%, buy it. "Notice how I mentioned yield over and over again? That is because Treasury rates have gotten so low that they are almost uninvestible," said Cramer.
Deere & Company (NYSE:DE) could report poor numbers on Friday since the agriculture sector is going through a rough patch. Avoid the stock.
Off the tape
Cramer went off the tape to view the privately held Moose Toys, which are very popular among children for the Shopkins line of collectibles. He interviewed the co-CEO Manny Stul to hear what the future of Moose Toys looks like.
Stul mentioned that they are an Australian-based company that ships to 80 countries. They grew 100% in the last 2 years and are the number six toy company in the US and the only foreign company apart from Lego to make it to the top 10. His ambition is to move to the number 5 spot this year.
When asked about going public, Stul said at this point the company is happy being private and focusing on building their brands further. The company's YouTube channel has had a billion views so far. They have 5 new programs coming out this year.
CEO interview - Verizon (NYSE:VZ)
In this segment, Cramer talked more about his interview with Verizon CEO Lowell McAdam last week. McAdam said that if you build a better network, customers will use it. Hence, Verizon has partnered with NFL and wired up 2 stadiums with super-fast wireless and has 1 gigabit of throughput for phones and tablets. Fans can watch instant replays, make their own reels and see 360 degree angles.
Regarding competition, McAdam said that Verizon loyalty numbers are very high where they lose less than 1% of their subscribers every year, while others are losing more.
Viewer calls taken by Cramer
Should gold or silver be bought? Cramer mentioned that one should have about 10% of the portfolio invested in gold via SPDR Gold Trust (NYSEARCA:GLD) as insurance. Why keep the money in the bank when you cannot earn any interest on it. He is not a fan of silver.
Equifax (NYSE:EFX): That's a very good company.
Mobileye (NYSE:MBLY): This is a high-flying stock that has not been able to find its footing. Don't buy.
Editor's note: A portion of Friday's show on technical analysis was a repeat of the October 1st show
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