Cramer was bullish on

[FreeTrader]

Cramer was bullish on DuPont (DD), Eastman Chemical (EMN), Dow Chemical (DOW), Goldcorp (GG), Wachovia (WB), Commerce Bancorp (CBH), Wells Fargo (WFC), Sasol (SSL), BHP Billiton (BHP), Energy Partners (EPL), @Road (ARDI), Saks (SKS), SunOpta (STKL), Depomed (DEPO), Nektar Therapeutics (NKTR), West Pharmaceutical (WST), Washington Mutual (WM) and Countrywide Financial (CFC).

 

[FreeTrader]

Cramer was bearish on NYSE Group (NYX), Quantum Fuel Systems Technologies Worldwide (QTWW), Ballard Power (BLDP), Evergreen Solar (ESLR), Stillwater Mining (SWC), Nasdaq Stock Market (NDAQ) and MB Financial (MBFI





On Tuesday's edition, Jim recommends Black & Decker (BDK) and believes the stock could hit $100 based on the co's unveiling of a new line of DeWalt cordless tools. Furthermore, EPS were up 11% on revenue that only edged higher, he added, which shows that the co executed some serious cost-cutting and margin improvement. The co's power tool sales rose by only 2% last year, so this new line is important because it should "clear up the one weak spot with new sales. Next, he suggests Celgene (CELG) and discussed the Justice Dept. allegations against a Merrill employee regarding the leak of insider information about a takeover of the co. He never tells people to speculate on a takeover when the fundamentals are weak, but the co reported an outstanding quarter. He recommends going long before the co presents phase 2 data at the annual American Society of Clinical Oncology conference in the first week of June. Finally, he recommends NTL Holdings and says the British co will obtain wireless by buying Virgin Mobile. If the co is valued in the same league as Comcast (CMCSA), Time Warner (TWX) and Cablevision (CVC) he said that the stock deserves to go much higher. The co also plans to cut 250 mln pounds in costs a year, and with the acquisition of Virgin Mobile it will be able to rebrand with the popular Virgin name.

 

[FreeTrader]

Upgrades: CIBC upgrades Ann Taylor Stores (ANN 38.07) to Sector Outperformer from Sector Performer and $51 tgt, based on increased confidence in the merchandise turnaround... Friedman, Billings, Ramsey upgrades Murphy Oil (MUR 50.48) to Outperform form Market Perform and $63 tgt, as they believe the class action lawsuit will be seen as immaterial to the overall financial condition, there are high-impact plays in the Gulf of Mexico and the analyst meeting is historically a positive stock catalyst... Ryan Beck upgrades MB Financial (MBFI 34.85) to Outperform from Market Perform saying MBFI's shares traded lower (-1.4%) following yesterday's announcement that the co had signed a definitive agreement to acquire Illinois-based First Oak Brook Bancshares (FOBB) in a combination cash and stock deal valued at approx $372 mln. In their opinion, the selloff in MBFI's shares is overdone. Downgrades: Jefferies downgrades TXU (TXU 57.50) to Hold from Buy and $60 tgt from $55 based on valuation... Friedman, Billings, Ramsey downgrades Accredited Home Lenders Holding Co. (LEND 53.85) to Market Perform from Outperform and $60 tgt based on valuation... Deutsche Bank downgrades Nitromed (NTMD 5.96) to Sell from Buy... CIBC downgrades Adobe (ADBE 38.35) to Sector Perform from Sector Outperform due to concerns that slow down in demand, which the co highlighted last night in its mid-quarter update, may negatively impact Aug results. The firm says given slowing N.T demand and valuation, 24X F07E EPS, they see few catalysts to move the stock higher. Miscellaneous: Ryan Beck initiates Cybex (CYB 6.08) with an Outperform and an $8 tgt saying the shares are attractive, based on valuation and the co's near-term growth prospects... Ryan Beck initiates Tempur-Pedic (TPX 15.44) with an Outperform and a $22 tgt saying they believe that TPX shares are attractive from a valuation perspective and due to the co's significant longer-term market opportunity... CIBC initiates Tim Hortons (THI 28.15) with a Sector Performer rating and C$33 tgt saying they view Tim's as a best-in-class North American restaurant operator, but with a valuation that already reflects this, plus a Canadian "scarcity" premium.