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Wednesday, February 14, 2007

February 14th - CAT DD UTX

Cramer looked at BRIC (Brazil, Russia, India, China) and said it just doesn't cut it anymore and said to look at ROW (Rest of the World) too find companies that get earnings outside of the US. His #3 choice was Caterpillar Inc. (CAT)

Closing Price: $66.16
After Hours High: $66.95
Percent Increase at High: 1.2%
After Hours Most Recent: $66.70
Percent Increase at Most Recent Price: 0.8%
Sector: Industrial Goods
Days to Cover: 1.8
Short %: 1.21 %
% Held by Insiders: 0.30 %
% Held by Institutions: 68.60 %
50 Day Moving Average: $61.71
200 Day Moving Average: $67.00
Average Price Drop for Sector: 3.2%

Although too small of a percentage increase right now to consider a short, the top band of the bollinger is at $67.98, so even with the after hours price there is still room to the upside as the stock has had a strong up-move in recent weeks.

Cramer's #2 ROW play was EI DuPont de Nemours & Co. (DD)

Closing Price: $51.79
After Hours High: $52.35
Percent Increase at High: 1.1%
After Hours Most Recent: $52.14
Percent Increase at Most Recent Price: 0.7%
Sector: Basic Materials
Days to Cover: 4.1
Short %: 1.75 %
% Held by Insiders: %
% Held by Institutions: %
50 Day Moving Average: $48.93
200 Day Moving Average: $44.18
Average Price Drop for Sector: 5.5%

A slightly smaller gain after hours then CAT, as neither of these picks seem to have excited many buyers. DD is now above the top band which was at $52, so only slightly above as it trades at $52.15ish after hours. Just not enough downside potential on this small increase if the downside is limited to the top band.

Finally Cramer's number 1 ROW pick was United Technologies Corp. (UTX)

Closing Price: $68.17
After Hours High: $70.06
Percent Increase at High: 2.8%
After Hours Most Recent: $69.05
Percent Increase at Most Recent Price: 1.3%
Sector: Conglomerates
Days to Cover: 1.2
Short %: 0.57 %
% Held by Insiders: 0.27 %
% Held by Institutions: 79.80 %
50 Day Moving Average: $64.73
200 Day Moving Average: $63.56


Well it appears people were waiting for the last pick and have bid it up a bit more then the first 2 picks, but still only a little over 1%. A recent bounce of the middle band (2o-day SMA) could take it towards the top band at $69.51 (which was breached and retreated right after Cramer mentioned it). The stock was up over $1 today so there is some momentum. Given the price it is not something I'm interested in shorting, but I am interested to see if the top band is approached and how the price will act if it hits it.

Comments on "February 14th - CAT DD UTX"

 

Anonymous Anonymous said ... (February 14, 2007 6:23 PM) : 

Think I heard a clue about TROW.

 

Anonymous Anonymous said ... (February 14, 2007 6:25 PM) : 

He said "I bet you're wondering why I left out "the"" Then said he didn't want to give away the suprise.

 

Anonymous Anonymous said ... (February 15, 2007 11:48 AM) : 

Im not sure I follow. Are you saying that might be on todays show. Did you call in or something? I had a freind call in once...he did not get any inside info cuz it was just asking a lightning round question. Thats why I have decided to take film classes and apply to work for Cramer :)...Ill let you guys know if I get the job!

(Ill start a new blog, "leaking cramers picks untill I get fired")

 

Blogger CramerTracker said ... (February 15, 2007 12:19 PM) : 

Correct me if I'm wrong Jason, but I think he meant that Cramer may have hinted early in the show that his #1 pick last night was TROW because of the ROW theme.

I assume lots of people that call in get the jump on the people who are watching because the price spikes WAY TOO fast sometimes. I'll type in the stock code ASAP and its already up big. Unless my tv is slow by a few seconds or diferent tv providers run on slightly different scehdules?? The people that called in and know the stocks by the time it airs could have sell (or sell short) orders in place at higher prices to try to catch someones market order.

 

Anonymous Anonymous said ... (February 16, 2007 7:04 PM) : 

Actually, I he said something to the effect of, I bet you're wondering why I left the "t" out. Meaning, left the t out of row? Just a theory that turned out to be false anyway.

 

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