Cramer's started out recommending some dividend stocks and they were:
US Bancorp. (USB)Closing Price: $36.65
After Hours Price: $36.75
Percent Increase at Most Recent Price: 0.2%
Sector: Financial
Days to Cover: 4.8
Short %: 1.26 %
% Held by Insiders: 0.26 %
% Held by Institutions: 59.10 %
50 Day Moving Average: $33.90
200 Day Moving Average: $32.12
Average Price Drop for Sector: 3.4%
Asbury Automotive Group Inc. (ABG)Closing Price: $23.70
No Price Increase After Hours
Sector: Services
Days to Cover: 2.2
Short %: 3.25 %
% Held by Insiders: %
% Held by Institutions: %
50 Day Moving Average: $23.68
200 Day Moving Average: $21.02
Average Price Drop for Sector: 2.8%
National City Corp. (NCC)Closing Price: $36.76
After Hours Price: $36.78
Percent Increase at Most Recent Price: 0.0%
Sector: Financial
Days to Cover: 6.8
Short %: 2.45 %
% Held by Insiders: 1.85 %
% Held by Institutions: 53.70 %
50 Day Moving Average: $36.63
200 Day Moving Average: $36.20
Average Price Drop for Sector: 3.4%
United Online Inc. (UNTD)Closing Price: $13.23
After Hours Price: $13.65
Percent Increase at Most Recent Price: 3.2%
Sector: Technology
Days to Cover: 10.6
Short %: 9.07 %
% Held by Insiders: 7.30 %
% Held by Institutions: %
50 Day Moving Average: $13.37
200 Day Moving Average: $12.21
Average Price Drop for Sector: 4.3%
A few things to note that didn't really come as a surprise. These "boring" dividend stocks did not see much of a spike after hours, but the holiday weekend may also have something to do with that. And not surprisingly the cheapest stock is the only one that really had any sort of price increase, and a modest one at that. Considering the next trading day isn't until after Christmas I assume any hype (which appears to be almost none) will be all but gone come Monday so I don't see anything worth shorting here.
Finally, Cramer followed up on his promise from weeks ago to discuss
Acme Packet, Inc. (APKT) (someone called about it in the lightening round and he said he would do a segment on it....people bought, the stock went up and he didn't mention it...until now). This was part of his "hot stocks" series and he said the stock hasn't really taken off yet and it is a good buy.
Closing Price: $18.21
After Hours High: $19.25
Percent Increase at High: 5.7%
After Hours Most Recent: $19.00
Percent Increase at Most Recent Price: 4.3%
Sector: Technology
Days to Cover: 0.5
Short %: %
% Held by Insiders: %
% Held by Institutions: %
IPO share lockup doens't expire until April so that shouldn't put downward pressure on the stock for a few months. I'm a little curious to see how this one might react if there are any holders still from when Cramer said he would mention it and may sell into this pop. Again, not sure if the long weekend will cool this off for next week, and this stock sort of goes together with DIVX and RVBD when Cramer first mentioned them, and both of those stocks have done very well. So I'm not totally exicted about the shorting prospects here, but will be worth a look if the stock doesn't go well above $19 in the pre-market or within the first 15 minutes of regular hours trading.