January 23rd - NTLI BNS TYC

Cramer added two new stocks to his foreign stock list. The first being NTL Incorporated (NTLI)

Closing Price: $26.31
After Hours High: $ 28.00
Percent Increase at High: 6.42%
After Hours Most Recent Price: $ 27.33
Percent Increase at Most Recent Price: 3.88%
Sector: Technology
Days to Cover: 3.4
Short %: 4.43 %
% Held by Insiders: %
% Held by Institutions: %
50 Day Moving Average: $25.05
200 Day Moving Average: $25.52
Average Price Drop for Sector: 4.3%

The high of $28 is skewing the numbers a bit since there were only 4 trades above $27.82 and only 100 shares at $28. Must have been some market orders there I can only assume?!?! Looking at some of the numbers for the company (assuming Yahoo is correct..) negative $6.70 in earnings? 5.8% estimated 5 year annual growth? Cramer is certainly putting his neck on the line for these triple play cable companies (LVLT also), and LVLT was downgraded not long after he made it the speculative stock of the year. Given the price here compared to LVLT (which is only around $6) I can't see this holding over a dollar in gains from tonight. I would be surprised if this went to $28 again in the morning with $27.50 more likely an opening price spike and I can see it fall towards the $27.00 level. If it were to fall to this level after a spike, as mentioned in the comments, this would likely be a cover point for a lot of day trading short sellers and could cause a quick jump up which could be played going long for a quick trade but I don't really have the data to support that being a great idea yet.

The third foreign pick was Bank of Nova Scotia (BNS)

Closing Price: $42.93
After Hours High: $ 43.87
Percent Increase at High: 2.19%
After Hours Most Recent Price: $ 43.71
Percent Increase at Most Recent Price: 1.82%
Sector: Financial
Days to Cover: 6.2
Short %: 0.12 %
% Held by Insiders: 0.08 %
% Held by Institutions: 43.70 %
50 Day Moving Average: $45.05
200 Day Moving Average: $42.23
Average Price Drop for Sector: 3.4%

Too expensive and bank stocks don't tend to get the price pop due to their conservative nature. And being Canadian myself (please don't hold that against me :) I personally don't use BNS and to be honest I don't know a single person who does. Now that's not to take away from the bank but if you asked me to name 5 Canadian banks off the top of my head I don't think I would think of that one...but again, I am just one person. Regardless, not something I'm interested in shorting.

Finally Cramer said Tyco International Ltd. (TYC) was a triple buy.

Closing Price: $30.85
After Hours High: $ 31.68
Percent Increase at High: 2.69%
After Hours Most Recent Price: $ 31.33
Percent Increase at Most Recent Price: 1.56%
Sector: Technology
Days to Cover: 3.7
Short %: 1.35 %
% Held by Insiders: 0.29 %
% Held by Institutions: 86.10 %
50 Day Moving Average: $30.40
200 Day Moving Average: $27.86
Average Price Drop for Sector: 4.3%

I'm not sure if the 10% breakup gain the stock could produce scared people away, but I don't think that's the kind of number that people are looking for when they blindly buy a Cramer pick. They like to hear the words double or triple. Maybe worth a look tomorrow but the heavy institutional holdings and the recent move past the 50-day moving average are some bullish signs to watch out for, but NTLI has the most potential in my book.