FRANKFURT (Thomson Financial) - The European Central Bank said it is launching a public consultation on its proposed settlement system for euro zone securities transactions. The proposed Target2-Securities system would offer a single platform for securities settlements which the ECB says would reduce settlement costs, although some finance ministers have expressed reservations about the central bank’s proposed move into this field. Settlement is currently fragmented between local clearing...
Cramer’s ‘Mad Money’ Recap: Three Dot-Coms for Right Now
May 17, 2007 on 12:11 pm | In Finance |
To see the full “Mad Money” Recap, please click here.
Here’s what Jim Cramer had to say about some of the stocks that callers offered up during the “Mad Money Lightning Round” Monday evening:
Greif (GEF) : “The kind of company that looks so much like it could be taken out in a private-equity deal. … But, I can’t recommend that at its 52-week high. You need a pullback before you can back the truck* up. It is very thinly traded.”
Alvarion (ALVR) : “You know I want the [Craig] McCaw Wi-Max play [Clearwire] .”
Boston Scientific (BSX) : “Here it is at 16 and change. I am warming up, but I am not ready to pull the trigger. Don’tBuyDon’tBuy.”
Noble Energy (NBL) : “You know I like the independent oil and gas companies. … This one is so well-run. … This company is rocking. … I believe that the better buys right now are in the oil drillers.” GlobalSantaFe (GSF) and Transcoean (RIG) are two that Cramer likes. He owns the latter for his Action Alerts PLUS charitable trust. “This group is so cheap, based on the contracts and the escalating day rates.”
McDonald’s (MCD) : “You know McDonald’s is my favorite. … A darn-clean filling station. I’ll even take the trans-fat out [of the fries] and still eat them.”
“NetScout Systems (NTCT) is not my favorite here.”
Moody’s (MCO) is not as good as McGraw-Hill (MHP) [which has a] more diversified business. I support the idea of Moody’s, but not as much as McGraw-Hill.”
*For all you home-gamers, a ‘mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.
Want more Cramer? Check out Jim’s rules and commandments for investing from his latest book by http://www.thestreet.com/tsc/cramerbook.
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Chocolatier in sticky position »A LUXURY confectioner famous for its rich hand-made chocolates has gone into administration. Plaisir du Chocolat, which has its main outlet on the Royal Mile, has been put up for sale by accountants PriceWaterhouseCoopers. Administrators Graham Martin and Laurie Manson of PriceWaterhouseCoopers’ Glasgow office, said the company had struggled financially for some time. It was run by its founders Bertrand Espouy and Heather Kiernan. Mr Martin said: “I have been bowled over...
Arsиne Wenger last night stoked the simmering relationship between Arsenal and Chelsea by reminding Jose Mourinho that winning the Champions League with Porto in 2004 does not to make him a “great” manager. The London rivals meet in Sunday’s Carling Cup final at the Millennium Stadium and Wenger has responded to Mourinho’s jibe about Arsenal’s record in Europe’s elite club competition by launching a thinly veiled attack on the Portuguese. “Plenty of managers...
Cramer’s ‘Mad Money’ Recap: Three Dot-Coms for Right Now
March 2, 2007 on 8:04 am | In Finance |
To see the full “Mad Money” Recap, please click here.
Here’s what Jim Cramer had to say about some of the stocks that callers offered up during the “Mad Money Lightning Round” Monday evening:
Greif (GEF) : “The kind of company that looks so much like it could be taken out in a private-equity deal. … But, I can’t recommend that at its 52-week high. You need a pullback before you can back the truck* up. It is very thinly traded.”
Alvarion (ALVR) : “You know I want the [Craig] McCaw Wi-Max play [Clearwire] .”
Boston Scientific (BSX) : “Here it is at 16 and change. I am warming up, but I am not ready to pull the trigger. Don’tBuyDon’tBuy.”
Noble Energy (NBL) : “You know I like the independent oil and gas companies. … This one is so well-run. … This company is rocking. … I believe that the better buys right now are in the oil drillers.” GlobalSantaFe (GSF) and Transcoean (RIG) are two that Cramer likes. He owns the latter for his Action Alerts PLUS charitable trust. “This group is so cheap, based on the contracts and the escalating day rates.”
McDonald’s (MCD) : “You know McDonald’s is my favorite. … A darn-clean filling station. I’ll even take the trans-fat out [of the fries] and still eat them.”
“NetScout Systems (NTCT) is not my favorite here.”
Moody’s (MCO) is not as good as McGraw-Hill (MHP) [which has a] more diversified business. I support the idea of Moody’s, but not as much as McGraw-Hill.”
*For all you home-gamers, a ‘mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.
Want more Cramer? Check out Jim’s rules and commandments for investing from his latest book by http://www.thestreet.com/tsc/cramerbook.
No Comments yet
Sorry, the comment form is closed at this time.
Australia Jan private sector credit up 1.3 pct from Dec, up 14.9 pct yr-on-yr »SYDNEY (XFN-ASIA) - Credit provided to the private sector by financial intermediaries rose 1.3 pct month-on-month in January and was up 14.9 pct year-on-year, the Reserve Bank of Australia said. In December private sector credit rose 1.0 pct and was up 14.7 pct year-on-year, revised up from the earlier estimate of a 0.9 pct monthly rise. In January, M3 grew by 0.9 pct or 12.8 pct annually and broad money increased 1.4 pct or 13.2 pct year-on-year. In Australia, broad money is M3 plus borrowing...