August 29, 2008, 12:22 am | CDT
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Company: MARTHA STEWART LI
Sector: Services
Industry: Publishing - Periodicals
Capitalization: 446 ($mm)
Added to portfolio: July 24, 2008 at $7.09
Current Price: 8.19
Performance: +15.51%
Overview
TickerPriceChangeVolume24h range52 Week RangeP/E RatioEPS
MSO8.19+0.30265,5897.93 - 8.225.22 - 13.9616.75+0.47
History of Comments
DateCommentPrice% Gain/Loss
07/24/08despised Martha Stewart publishing co reports next week - magazine advertising trends are softening (55% of revenues) - respected CEO left the co but the co has new leadership like the current chairman who is getting more involved (he discovered Bobby Darin & is a visionary) & 2 new co-CEOs with great merchandising experience -  could lose K-Mart as a sponsor in 2010 but just bought part of chef Emeril Lagasse's business & will roll out new Wal-Mart & Costco lines this year - see international business growing - think Martha wants to rebuild her legacy - want to bank on her now - expectations are very low - don't expect much out of the earnings report but the co is transitioning - the analysts are wrong -  there is no sponsorship for the stock down here - use limit orders 7.090.00%
07/25/08next day close7.80+10.01%
08/12/08starting to move after its deal with Walmart (WMT) 8.22+15.94%
08/28/08closing price8.19+15.51%
 
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Site Update - Aug. 28, 2008

Major Buy Reiterations/New Price Targets*:
EMR, JCG, GOOG, GTI, WAG
Other Comments – Existing Recommendations:
BMY, CMI, CSCO, DE, KO, MO, NKE, SAN, T, VZ
Sells:
CVS

*** AUGUST 28, 2008 - The show was educational only. This update is a carryover from Augusr 27th.

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