aDECEMBER 18, 2008 (Dow 8605, down 219) - Bush's indecision regarding the auto bailout snd the potential ratings downgrade of GE's debt hurt the market today. Sharp moves down in oil contributed to fears of a deepening global recession. The chemicals are the biggest beneficiaries of lower oil prices. The newspaper stocks are toxic.
co had great qtr & has best tech CEO but looks expensive - CEO interviewed: software for business over the internet is like using Google - deferred revenue is now $1B from co's subscription model - leading financial firms are signing up like C & MER - Cramer says it's the last momentum stock standing - has acted well in the recent selloff
co is doing well but nobody cares - sticking with it
64.90
+14.54%
09/03/08
has come down but am gun-shy
53.98
-4.73%
09/23/08
don't buy - want to hear from CEO about lowered guidance
52.23
-7.82%
10/07/08
is growing at 40% & trades at an expensive 57x next year's earnings - was downgraded today & took an 11% hit - CEO interviewed: this is a great time for our pay-as-you-go "cloud" computing model in a slowing global economy - we are generating $2/sh in cash - Cramer says growth will continue in these tough times but can't recommend it now
35.94
-36.57%
10/22/08
expensive now but will do well when we come out of this mess
27.53
-51.41%
11/21/08
beat the numbers last night but the stock is down - CEO interviewed: we had 43% revenue growth last qtr & 60% earnings growth - added a record number of new customers (4100) - there has never been a better time for cloud computing where you can pay as you go - October business was great - Cramer says he wants to wait until growth stocks become attractive again before buying