Segment 1: Walt Disney (DIS) Analysis
Cramer said that this stock has been hurt every time gas prices rise, but he thinks that the concerns are unfounded. He said that they have lowered room prices, and the stock hasn't gone up on the recent news of lower gas prices. Cramer also likes their other entertainment products like ESPN, Hanna Montana, and High School Musical, plus their classic movies. He said that he is bullish on the stock, and thinks that a down day like today is a great time to get in. He hopes to get a position in the stock at under $30.
Cramer then took phone calls on the following stocks:
Carnival Cruise Lines (CCL): Cramer is bullish this stock because it has a good, safe yield.
Segment 2: Interview with Tupperware (TUP) CEO Rick Goings
Cramer is bullish on this stock because it reported yet another quarter where it beat earnings, and it can profit from both a recession and lower oil prices. Cramer originally recommended the stock at about $19, and it has now almost doubled. He said that it benefits from a recession because unemployed people start to sell Tupperware to make extra income, and lower oil prices allow them to make their products at a lower price because their products are made of plastic. Cramer asked the CEO about the quarter, and Goings said that they are able to meet their estimates because they issue conservative guidance that they know they can make. He added that they are now a global direct marketing company, who makes 85% of their sales overseas in many product lines, not just plastic containers.
Segment 3: Lightning Round!
Whole Foods (WFMI): Cramer is bearish because their products are too expensive right now.
Halliburton (HAL): Cramer said to sell this stock, and buy Nabors (NBR) or Schlumberger (SLB) instead.
Inter Digital (IDCC): Cramer is bearish on this stock because he doesn't like the wireless technology market right now.
PetroHawk Energy (HK): Cramer is bullish on this stock for the long term, but said it won't bottom until natural gas prices do.
Waste Management (WMI): Cramer is bearish on this stock because its buyout of Republic Services (RSG) is hurting the stock, and he said to sell RSG as well.
Rent-A-Center (RCII): Cramer is bullish on this stock because it profits in tough economic times.
Segment 4: Sell Block
Cramer released Martha Stewart Omnimedia (MSO) from his Sell Block today, because there are numerous negative aspects of the company that he thinks are going to turn into positives soon. The CEO is leaving, but he thinks a new person will be able to move the company out of the publishing rut it has been stuck in. The company is probably going to lose its merchandising contract with K-Mart, but it is going to focus more on new projects like Emeril's business, and has a new deal with Wal-Mart, Costco, and other big retailers. Martha Stewart's involvement has been seen as a negative, but she is now focused on creating a legacy besides her jail term. The company reports earnings next week, and expectations are very low, so the stock might be at a bottom. He warned to use limit orders, and buy below $8.00.
Segment 5: Mad Money Mail
Qualcomm (QCOM): Cramer is bullish on the stock because he thinks the new cellular networks will drive demand for their products.
Boeing (BA): Cramer is bearish because the stock gets hammered every time oil goes up.
Northrop Grumman (NOC): Cramer is bullish because he thinks there the stock has been punished unfairly by traders who are worried about Obama cutting defense spending.
Peabody Energy (BTU): Cramer is bearish because he thinks oil is going lower, and all other energy prices will follow, except for natural gas.
Segment 6: Sudden Death!
Anadarko Petroleum (APC): Cramer is bearish.
Focus Media (FMCN): Cramer is bearish.
Exelon (EXC): Cramer is bullish.
