On today’s video from TheStreet.com, Cramer said he is sick of the Symantec (SYMC) story as "one that is coming" and he said it is only going to get worse. It reminds him of software companies that never came back from the 1990′s. He said this is going to get worse and the company is just unable to execute and the online security space is uninvestable with Microsoft dominating the group. Doug noted the same sort of idea on this today, which you can read here.
On Cisco Systems (CSCO) Cramer disagrees with the downgrades this morning, but the analysts were locking in gains from $18.00 and he respects that; but Comcast’s buildout is helping CSCO directly and Cramer said this 3% drop won’t drop back to $25.00 like everyone who wants to buy it again would hope for.
Intel (INTC) is one trapped by the $22.50 option strike price and he likes H-P instead of Intel because it is a Buyer of processors and chips rather than the one fighting with AMD. Here is our earnings preview we did last week ahead of Intel earnings.
On TD Ameritrade (AMTD) Cramer said that the notion that retail is notback is wrong; and they are coming back in via E*trade and Amritrade.He thinks it will trade back but you can pull the trigger with it up 6%today. On Centex (CTX) and KBHome (KBH) the landvalue writedowns are not as bas it sounds, but he doesn’t really likethem right now as a group. It wasn’t clear how Cramer was going to note Yum! Brands (YUM), but hesaid he was working on that tie to Taco Bell weakness into YUM sharesfor his MAD MONEY show.
There are many more calls and comments on his video segment if you wish to watch it further.
Here is the rest of the earnings release calendar for this week, as there are many.
Jon C. Ogg
January 16, 2007
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