July 24, 2008, 8:11 pm | CDT
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Cramer's Calls -
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JULY 24, 2008 (Dow down 283) - After a day like this we want to find stocks that will benefit from falling gasoline prices, like Disney (DIS) and Tupperware (TUP). Natural gas prices will bottom at $8 mcf.Recommended Stocks By Sector
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Company: CONTINENTAL RESRC
Sector: Basic Materials
Industry: Oil & Gas Drilling & Exploration
Capitalization: 10,497 ($mm)
Added to portfolio: May 09, 2008 at $53.18
Current Price: 62.08
Performance: +16.74%
Overview
TickerPriceChangeVolume24h range52 Week RangeP/E RatioEPS
CLR62.08-0.192,366,58358.57 - 65.8414.11 - 83.8147.9+1.30
History of Comments
DateCommentPrice% Gain/Loss
05/09/08stock of domestic driller goes higher - shale leases have great potential - just beat the numbers with a monster production rate outlook (2008 year end production will be up 48%) - recently bought property in the Marcellus Shale, a major natural gas drilling area - would buy some now & more after a pullback53.180.00%
05/12/08next day close50.01-5.96%
07/10/08had big find - goes higher 78.65+47.89%
07/11/08take something off the table after big run80.02+50.47%
07/24/08closing price62.08+16.74%


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Site Update - Jul. 24, 2008

New Recommendations:
MSO, QCOM
Major Buy Reiterations/New Price Targets*:
DIS, TUP
Other Comments – Existing Recommendations:
APC, BA, CCL, COST, EXC, HK, NOC, RCII, SBUX
Sells:
HAL, RSG, WMI

NEW CALL - 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