Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightning Round, Stop Trading and his Wall Street Confidential Picks.
Cramer vs. Buffett
"Looking at great investors for ideas of what to buy will rarely steer you the wrong way," said Cramer, who devoted Thursday's show to discussing Warren Buffett's picks. However, it is not enough to follow the leading investor, but to do some research on what Buffett buys.
Burlington Northern Santa Fe (BNI): Buffett is "dead on" about BNI since "Coal is king" and needs rails for transport.
Coca-Cola (NYSE:KO): After being "really crummy" this company is back thanks to CEO Nelville Isdell and products like Coke Zero.
Procter & Gamble (NYSE:PG) vs. Colgate Palmolive (NYSE:CL): Even though he has been behind PG for years, Cramer says the company has lost its way, and would rather be in CL.
Wal -Mart (NYSE:WMT): Cramer has hated Wal-Mart, but now that it has put a halt on building stores and has undertaken a $15 billion buyback, he expects to see good things for the giant retailer.
USG (NYSE:USG): Housing is "awful", says Cramer, and while USG may be good long term, most people won't be able to stand the pain for 16 to 18 months before there is any upside. However, he added, "Someday, USG will be right."
American Express (NYSE:AXP): AXP is cheaper than Mastercard, observed Cramer, and he predicted the stock would rise from $62.66 to $72 by the end of the year.
Wells Fargo (NYSE:WFC): Cramer has "nothing but respect" for WFC.
Moody's (NYSE:MCO): While this pick is "controversial" Cramer agrees, because it is part of a duopoly and could get taken over.
Johnson & Johnson (NYSE:JNJ): Cramer admits he is baffled by this pick, because the company has a sluggish pipeline and its drugs are going off patent.
ConocoPhillips (NYSE:COP) and Union Pacific (NYSE:UNP): Both of these rail stocks are good, and Cramer picks UNP for value and says COP is a triple buy.
US Bancorp (NYSE:USB): This bank is a "serious buy" because it is buying back stock and has consistently raised its dividend.
M&T Bank (NYSE:MTB): Cramer wouldn't go near this "scary" bank.
American Standard Companies (ASD): This company has "15 points worth of legs."
Norfolk Southern (NYSE:NSC): Cramer is bullish.
WellPoint (NYSE:WLP): This is one of the best health containment companies.
General Electric (NYSE:GE): While he initially said he couldn't comment on GE, Cramer admitted its been a winner.
UnitedHealth (NYSE:UNH): Cramer expects UNH to buy back stock when its deal with Sierra Health Services closes. He adds it is the least expensive in the sector, but not the best run.
Ingersoll-Rand (NYSE:IR): He thinks IR has the value to go higher.
H&R Block (NYSE:HRB): Cramer says he doesn't know why Buffett owns a stock which keeps getting hammered.
Sell Block: VF Corp. (NYSE:VFC), Ralph Lauren (NYSE:RL), RadioShack (NYSE:RSH), General Cable (NYSE:BGC), First Solar (NASDAQ:FSLR), Chemed (NYSE:CHE), Fuel-Tech (NASDAQ:FTEK), Foster Wheeler (NASDAQ:FWLT), Shaw Group (SGR), Oakley (OO), Clearwire (CLWR)
Cramer would take 25% off of VFC, RL after their significant gains, and would also trim off some BGC, FSLR and CHE, but would sell most or all of RSH. Cramer suggests taking profits from Green Day plays FTEK, FWLT and SGR, would sell all of OO and some of CLWR.
CEO Interview: Dr. Uli Hacksell, Acadia Pharmaceuticals (NASDAQ:ACAD)
Dr. Hacksell commented on the company's two schizophrenia drugs, one of which has finished a Phase II study, and Acadia is currently looking for a partner who will take the drug to Phase III. Cramer would buy the stock at $14 and predicts it will reach $20 by the end of the year.
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