January 7, 2009, 4:45 am | CDT
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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.Recommended Stocks By Sector
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Company: F M C CP
Sector: Basic Materials
Industry: Chemicals - Major Diversified
Capitalization: 3,497 ($mm)
Added to portfolio: June 08, 2007 at $42.47
Current Price: 47.25
Sold: November 20, 2008 at $30.98
% Gain/Loss: -27.05%
Overview
TickerPriceChangeVolume24h range52 Week RangeP/E RatioEPS
FMC47.25+1.291,294,22645.06 - 47.6628.53 - 80.2311.75+3.91
History of Comments
DateCommentPrice% Gain/Loss
06/08/07second largest soda ash producer spiked Tuesday - the Chinese may eliminate soda ash subsidies on their exports - now has pulled back - time to buy - soda ash is in a wild bull market - is in tight supply - co has better product than the Chinese - is part of cartel that controls the market (65% of world production) & has pricing power - co also has a strong agricultural chemicals business - pull the trigger42.470.00%
06/11/07next day close42.52+0.13%
02/13/08soda ash is in a silent bull market - think the soda ash part of the business is worth more than the whole market cap of the stock - based on the 1/31 buyout of General Chemicals by Tata Chemicals FMC should be worth 70 - could be a takeout at that price53.54+26.08%
09/10/08absolutely like it64.83+52.67%
11/20/08doing ok but doesn't have a decent dividend - doesn't fit current criteria for investment  30.98-27.05%


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Site Update - Jan. 01, 2009

Major Buy Reiterations/New Price Targets*:
PPG, COST
Other Comments – Existing Recommendations:
AAPL
Sells:
DD, EMN

***  JANUARY 01, 2009 - Due to coverage from Europe updates will appear before the market opens the day after the show.

- See Cramer's Calls for market, sector & IPO comments -

- See  MAJOR REITERATIONS page for recent strong buy reiterations & new Price Targets -

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*Highlighted in a show segment other than the Lightning Round or Sudden Death