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We have done our best to record the calls for you, but remember that the shows are fast moving, and sometimes Cramer bangs on the sell! sell! sell!, bull roar, train wreck, suicide jump, hallelujah chorus, backing up truck, creepy house of pain voice, machine gun, fanfare, toilet flush, all aboard, applause, cash register, bear growl, bowling pins, and submarine diving alarm buttons all at once, while he is screaming.

Please do your own research, and verify all information before acting on it. This summary of Cramer’s picks is not intended to replace watching the shows, where his comments about the stocks often include advice about entry and exit points.

Tonight’s Mad Money special show “Alcohol, Tobacco and Firearms” was first broadcast on April 14, 2006

Bullish
Abercrombie & Fitch (ANF) (RealMoney Radio)
Advanced Micro Devices (AMD) (RealMoney Radio)
Alliant Techsystems (ATK) (featured on Mad Money)
Altria (MO) (featured on Mad Money)
BP (BP) (RealMoney Radio)
Brocade (BRCD) (RealMoney Radio)
Brown-Forman (BF-B) (featured on Mad Money)
Cadbury Schweppes (CSG) (RealMoney Radio)
Chevron (CVX) (RealMoney Radio)
Conexant (CNXT) (RealMoney Radio)
ConocoPhillips (COP) (RealMoney Radio)
Constellation Brands (STZ) (featured on Mad Money)
Corning (GLW) (buy under $20) (RealMoney Radio)
Diageo (DEO) (featured on Mad Money)
Hewlett-Packard (HPQ) (RealMoney Radio)
JDSU (JDSU) (RealMoney Radio)
Marvell Tech (MRVL) (RealMoney Radio)
Qualcomm (QCOM) (RealMoney Radio)
Reynolds American (RAI) (featured on Mad Money)
Smith & Wesson (SWB) (featured on Mad Money)
Tata Motors (TTM) (RealMoney Radio)
UST (UST) (featured on Mad Money)
Wal-Mart (WMT) (RealMoney Radio)
Wrigley (WWY) (RealMoney Radio)

Bearish
Anheuser-Busch (BUD) (mentioned on Mad Money)
Cisco (CSCO) (RealMoney Radio)
Dell (DELL) (RealMoney Radio)
Intel (INTC) (RealMoney Radio)

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Volatile trading led by a pullback in technology and commodity-based shares pulled the market down. An uncertain outlook for interest rates and the possibility of slower economic growth dented sentiment. Investors worried that rising interest rates will choke off economic growth and eyed a sell-off in markets around the world.

Today, the Dow Jones industrial average closed down 18.73 or 0.17% to 11,125.33, the broader Standard & Poor’s 500 index closed down 4.96 or 0.39% to 1,262.07, and the Nasdaq composite index closed down 21.02 or 0.96% to 2,172.86.

Market breadth was negative. On the New York Stock Exchange, decliners topped advancers by a margin of two to one on volume of 2.03 billion shares. On the Nasdaq, losers beat winners by two to one as 2.28 billion shares changed hands.

Interest rate uncertainty and attractive treasury bills are steering investors towards bonds. The market appears nervous about slowing economic growth both in the U.S. and abroad due to rising global interest rates. While companies continue to post good numbers, they are also warning of slowdown in the second half. Investors feel that the Federal Reserve’s interest rate hikes will hurt economic growth - and corporate earnings.

The big news was that Euronext that its board favors a merger offer from the NYSE Group Inc. over a rival bid from Deutsche Boerse. The NYSE Group Inc. unveiled a $10.2 billion proposal to buy Euronext, sparking a potential battle with the German bourse for control of the European exchange operator and igniting the possibility of a union of seven exchanges across six countries. However, shares in NYSE Group fell about 2% down $1.48 to $63.02. The battle for Euronext is heating up just as the race to win control of the London Stock Exchange appears close to being settled.

Shares of Yahoo Inc. closed up $0.97 to $30.50 after an article in Barron’s said the lackluster performance of Yahoo’s stock offers a “great opportunity to buy a powerful money spinner.” Barron’s said Yahoo revenue is climbing 30% to 40% a year, while cash flow, by most analyst estimates, is forecast to jump 60% to $2.5 billion.

Wal-Mart Stores Inc. said it’s selling its South Korean unit to local retailer Shinsegae for $882 million. Shinsegae operates 79 E-Mart discount stores in Korea. Wal-Mart’s 16 South Korean stores will continue to operate under the E-Mart name. Wal-Mart’s stock was up 3 cents at $47.35.

Germany’s BASF has raised its all-cash offer for materials-sciences company Engelhard Corp. In another news, a group of private investors said they have succeeded in a $9.7 billion bid for Dutch publishing company VNU. In addition to its Nielsen market research brand, VNU publishes Billboard and Hollywood Reporter magazines.

Crude-oil futures bounced off a nearly seven-week low, and closed for June delivery up $1.07 at $69.60 a barrel.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter

We have done our best to record the calls for you, but remember that the shows are fast moving, and sometimes Cramer bangs on the sell! sell! sell!, bull roar, train wreck, suicide jump, hallelujah chorus, backing up truck, creepy house of pain voice, machine gun, fanfare, toilet flush, all aboard, applause, cash register, bear growl, bowling pins, and submarine diving alarm buttons all at once, while he is screaming.

Please do your own research, and verify all information before acting on it. This summary of Cramer’s picks is not intended to replace watching the shows, where his comments about the stocks often include advice about entry and exit points.

Bullish
Advanced Micro Devices (AMD) (RealMoney Radio)
Akamai (AKAM) (RealMoney Radio)
Alcoa (AA) (RealMoney Radio)
Altria (MO) ((RealMoney Radio))
Anheuser-Busch (BUD) (mentioned on Stop Trading!)
Boeing (BA) (wait for weakness) (RealMoney Radio)
Boeing (BA) (mentioned on Mad Money)
Broadcom (BRCM) (mentioned on Stop Trading!)
Brocade (BRCD) (RealMoney Radio)
Centerpoint Energy (CNP) (Lightning Round)
Cerner (CERN) (Lightning Round)
Citi Trends (CTRN) (Lightning Round)
Colgate (CL) (mentioned on Stop Trading!)
Colgate (CL) (RealMoney Radio)
Comcast (CMCSA) (mentioned on Mad Money)
Consolidated Edison (ED) (Lightning Round)
Crystallex International (KRY) (speculative) (RealMoney Radio)
Disney (DIS) ($32 target) (Lightning Round)
Dun & Bradstreet (DNB) (RealMoney Radio)
Essex Corp (KEYW) (Lightning Round)
Exelon (EXC) (Lightning Round)
FPL Group (FPL) (Lightning Round)
Freeport-McMoRan Copper & Gold (FCX) (featured on Mad Money)
Gammon Lake Resources (GRS) (Lightning Round)
Georgia Gulf (GGC) (featured on Mad Money)
GFI Group (GFIG) (RealMoney Radio)
Goldman Sachs (GS) (RealMoney Radio)
Google (GOOG) (buy at $350) (RealMoney Radio)
Gymboree (GYMB) (Lightning Round)
H&E Equipment Services (HEES) (buy at $30) (Lightning Round)
Hain Celestial (HAIN) (Lightning Round)
Halliburton (HAL) (mentioned on Mad Money)
JPMorgan (JPM) (mentioned on Mad Money)
Lowe’s (LOW) (Lightning Round)
Marvell (MRVL) (mentioned on Stop Trading!)
Marvell (MRVL) (RealMoney Radio)
Matsushita Electric Industrial (MC) (Lightning Round)
Nektar Therapeutics (NKTR) (RealMoney Radio)
Peabody Energy (BTU) (Lightning Round)
Schering-Plough (SGP) (RealMoney Radio)
Schlumberger (SLB) (RealMoney Radio)
Smith & Wesson (SWB) ($8 target) (Lightning Round)
Starbucks (SBUX) (Lightning Round)
Tellabs (TLAB) (mentioned on Mad Money)
TXU (TXU) (Lightning Round)
UnitedHealth (UNH) (RealMoney Radio)
Whole Foods (WFMI) (Lightning Round)

Bearish
Burger King (BKC) (Lightning Round)
CalAmp (CAMP) (mentioned on Mad Money)
Caterpillar (CAT) (mentioned on Stop Trading!)
Chipotle (CMG) (Lightning Round)
DirecTV Group (DTV) (mentioned on Mad Money)
F5 (FFIV) (mentioned on Stop Trading!)
Home Depot (HD) (Lightning Round)
Juniper (JNPR) (mentioned on Stop Trading!)
Manulife Financial (MFC) (mentioned on Mad Money)
Playboy (PLA) (Lightning Round)
Procter & Gamble (PG) (RealMoney Radio)
Sony (SNE) (Lightning Round)
Southern Copper (PCU) (mentioned on Mad Money)
United Natural Foods (UNFI) (Lightning Round)

Having trouble writing down all of Cramer’s picks?
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Stocks recovered for the day with investors cautiously picking out attractively-valued shares after two days of heavy selling. However, gains were constrained by interest rates uncertainty and worries that a commodities sell-off could signal an economic slowdown. The technology sector was a focus after Dell Inc announced a restructuring that includes using chips made by Advanced Micro Devices in some higher-end servers.

Today, the Dow Jones industrial average closed up 15.77 or 0.1% to 11,144.06, the broader Standard & Poor’s 500 index closed up 5.39 or 0.4% to 1,267.20, and the tech-heavy Nasdaq composite index closed up 13.56 or 0.6% to 2,193.88. For the week, the Dow lost 2.1%, the S&P 500 lost 1.9%, and the Nasdaq took a 2.2% loss, after nervousness about inflation inspired some heavy sell-offs earlier in the week.

Market breadth was positive. On the New York Stock Exchange, advancers topped decliners by 19 to 13 on volume of 2.2 billion shares. On the Nasdaq, winners edged out losers 17 to 13 as 2.6 billion shares changed hands.

Concerns about inflation and interest rates persisted, and the markets see-sawed all day long. Investors are concerned about inflation pressures as they look for clues as to what the Federal Reserve will do with interest rates at its next meeting in late June. They will pay close attention to the string of economic reports due next week, including April readings on durable goods orders and new and existing home sales.

Shares of Gap Inc. closed up $0.65 or 3% to $18.57 despite the first-quarter net income falling 17% because of slumping clothing sales at all its store brands. Additionally, the company added that an upturn is unlikely until the second half. However, the profit’s managed to exceed Wall Street estimates, while sales of $3.44 billion fell just shy of estimates.

Dell reported fiscal first-quarter earnings that fell in line with the lowered forecast the company issued last week. The stock closed up $0.62 or 2% to $24.57. The company also stated that it will introduce servers with AMD chips. This is a significant move since the company has previously only used Intel chips. Shares of Dell have plummeted 40% in the last 12 months, while shares of HP gained 52%. In the aftermath of the statement from Dell, shares of Intel Corp. fell to close 14 cents lower at $18.35. Advanced Micro Devices Inc. closed up $3.60 to $34.95.

In a heated takeover bid, Mittal Steel raised its offer for rival Arcelor by 34%, only one day after formally launching a bid for the world’s second-biggest steelmaker. On this news, U.S.-listed shares of Mittal Steel fell 3.1% to close at $33.10.

Crude futures ended at a 6-week low, after losing almost 5% on the week. Crude for June delivery ended down 92 cents at $68.53 a barrel.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter

We have done our best to record the calls for you, but remember that the shows are fast moving, and sometimes Cramer bangs on the sell! sell! sell!, bull roar, train wreck, suicide jump, hallelujah chorus, backing up truck, creepy house of pain voice, machine gun, fanfare, toilet flush, all aboard, applause, cash register, bear growl, bowling pins, and submarine diving alarm buttons all at once, while he is screaming.

Please do your own research, and verify all information before acting on it. This summary of Cramer’s picks is not intended to replace watching the shows, where his comments about the stocks often include advice about entry and exit points.

Bullish
Abercrombie & Fitch (ANF) (RealMoney Radio)
Advanced Micro Devices (AMD) (mentioned on Mad Money)
Allegheny Technologies (ATI) (Lightning Round)
AllState (ALL) (RealMoney Radio)
Anglo American (AAUK) (Lightning Round)
Baidu (BIDU) (Lightning Round)
Bank of America (BAC) (mentioned on Mad Money)
Caterpillar (CAT) (Lightning Round)
ConocoPhillips (COP) (mentioned on Mad Money)
Corning (GLW) (mentioned on Mad Money)
Countrywide (CFC) (mentioned on Stop Trading!)
Crystallex International (KRY) (Lightning Round)
Deere (DE) (Lightning Round)
Dell (DELL) (mentioned on Mad Money)
Dow Chemical (DOW) (RealMoney Radio)
FPL Group (FPL) (mentioned on Mad Money)
General Motors (GM) ($40 target) (RealMoney Radio)
Goldcorp (GG) ($32 or $33 target) (RealMoney Radio)
Goldman Sachs (GS) ($225 target) (mentioned on Mad Money)
Goldman Sachs (GS) (RealMoney Radio)
Hewlett-Packard (HPQ) (mentioned on Stop Trading!)
Hi-Shear Technology (HSR) (mentioned on Mad Money)
Joy Global (JOYG) (Lightning Round)
L-3 Communications (LLL) (CEO interview on Mad Money)
Marvell Technology (MRVL) (mentioned on Mad Money)
MGP Ingredients (MGPI) (mentioned on Mad Money)
Prudential (PRU) (RealMoney Radio)
Qwest Communications (Q) (featured on Mad Money)
Schering-Plough (SGP) (RealMoney Radio)
Schlumberger (SLB) (Lightning Round)
Seagate (STX) (RealMoney Radio)
Sears (SHLD) (featured on Mad Money)
Sears (SHLD) (mentioned on Stop Trading!)
Sears (SHLD) (RealMoney Radio)
Target (TGT) (should recover long term) (RealMoney Radio)
TD Ameritrade (AMTD) (Lightning Round)
Terex (TEX) (Lightning Round)
Texas Roadhouse (TXRH) (Lightning Round)
The Pantry (PTRY) (Lightning Round)
Tiffany (TIF) (mentioned on Stop Trading!)
Transmeridian Exploration (TMY) (mentioned on Mad Money)
Valero (VLO) (wait for pullback) (RealMoney Radio)
Wells Fargo (WFC) (mentioned on Mad Money)

Bearish
AMR (AMR) (Lightning Round)
Archer Daniels Midland (ADM) (mentioned on Stop Trading!)
Burger King (BKC) (RealMoney Radio)
Burlington Northern Santa Fe (BNI) (mentioned on Mad Money)
CBOT Holdings (BOT) (may bounce to $94) (Lightning Round)
E*Trade (ET) (Lightning Round)
Expedia (EXPE) (Lightning Round)
Exxon Mobil (XOM) (mentioned on Mad Money)
Goldcorp (GG) (Lightning Round)
Informatica (INFA) (mentioned on Mad Money)
Intel (INTC) (mentioned on Mad Money)
Merck (MRK) (RealMoney Radio)
Motorola (MOT) (mentioned on Mad Money)
Netease (NTES) (Lightning Round)
Pacific Ethanol (PEIX) (mentioned on Mad Money)
Pacific Ethanol (PEIX) (mentioned on Stop Trading!)
Pfizer (PFE) (RealMoney Radio)
Ruddick (RDK) (Lightning Round)
Select Comfort (SCSS) (Lightning Round)
Sirius (SIRI) (Lightning Round)
The Andersons (ANDE) (mentioned on Stop Trading!)
Wells Fargo (WFC) (mentioned on Stop Trading!)
Wind River Systems (WIND) (Lightning Round)

Having trouble writing down all of Cramer’s picks?
Free daily recap newsletter to your inbox

The latest economic data, a drop in bond yields and hawkish remarks from a Fed official did little to change investor expectations that interest rates have further to rise. Stocks extended their losses from the previous session’s sharp sell-off and the markets closed lower.

Today, the Dow Jones industrial average closed down 73.72 or 0.7% to 11,131.89, the broader Standard & Poor’s 500 index closed down 7.22 to 1,263.10, and the Nasdaq composite index closed down 12.65 or 0.7% to 2,183.15.

Market breadth was negative. On the New York Stock Exchange, decliners topped advancers by 5 to 3 on volume of 1.7 billion shares. On the Nasdaq, winners beat out losers by a margin of 18 to 11 as 2 billion shares changed hands.

St. Louis Fed president William Poole, in a speech said that the federal funds future’s market has roughly priced in a 50% chance of a rate hike in June. He further added “there is no obvious misalignment of that guess with anything I know that is in the data”. He is essentially saying that the market is providing a reasonable estimate of the chances of a rate hike so be prepared for a 25-basis point rate increase in June.

All investors pay close attention to the latest batch of data to see for signs of a slowing economy. The Conference Board stated that the index of Leading indicators fell 0.1% in April against the expected gain of 0.1%. This supports views that economic growth may not sustain a round of rising prices and wages. While factory activity expanded with the index rising to 14.4 points against the expected 13.5; the prices-paid index, which is a measure of inflation, soared to 55.3 from 29. The Labor Department said new claims for jobless surged last week, a sign of possible slowing in the labor market. Therefore, its evident that the indicators are mixed.

Shares of Sears Holding closed up $17.93 or 13% to $155.89, after posting a quarterly profit compared with a year-ago loss. The retailer’s first-quarter earnings came in well above forecast. Separately, the company agreed to settle one class-action lawsuit for $215 million, resulting in an $85 million pretax payment after insurance.

Burger King’s shares rose 2.9% up $0.69 to $17.69 on its first day as a publicly listed company. The 52-year-old hamburger chain’s $425 million initial public offering is the biggest U.S. restaurant IPO by market value. The company has priced its IPO at $17 a share, at the high end of its previously announced price range.

Shares of Hewlett-Packard closed up $0.39 or 2% to $32.55, boosted by a second analyst upgrade in the wake of strong quarterly results. Morgan Stanley has raised its rating on the computer-hardware and printer maker to equal weight from underweight, on the belief that improving returns on innovation investments will be reflected in enhanced market share and profitability over the long term.

Stock of United Health closed down $1.70 or 3% to $45.19, on news that Omnicare which supplies pharmaceuticals to nursing homes, is suing the health insurer for violating antitrust laws in contract negotiations. United Health has received a subpoena from the U.S. attorney’s office of New York for documents relating to the granting of stock options. Shares of Omnicare closed up $0.29 to $55.24.

Shares of Merck rose 2.3% to $35.13 after the U.S. Food and Drug Administration said Gardasil, a vaccine designed to protect against cervical cancer is safe and effective. Gardasil is designed to protect against four strains of human papillomavirus, or HPV, which can cause cervical cancer and genital warts. In another report, the FDA indicates that its Vioxx painkiller can increase the risk of heart attack after just four months of use.

Crude for June delivery ended up 76 cents at $69.45 a barrel on the New York Mercantile Exchange. Natural-gas futures, fell to their lowest level in 16 months, after inventories data spurred concerns over a potential supply glut.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter

We have done our best to record the calls for you, but remember that the shows are fast moving, and sometimes Cramer bangs on the sell! sell! sell!, bull roar, train wreck, suicide jump, hallelujah chorus, backing up truck, creepy house of pain voice, machine gun, fanfare, toilet flush, all aboard, applause, cash register, bear growl, bowling pins, and submarine diving alarm buttons all at once, while he is screaming.

Please do your own research, and verify all information before acting on it. This summary of Cramer’s picks is not intended to replace watching the shows, where his comments about the stocks often include advice about entry and exit points.

Bullish
Abercrombie & Fitch (ANF) (mentioned on Stop Trading!)
Abercrombie & Fitch (ANF) (Lightning Round)
Abercrombie & Fitch (ANF) (RealMoney Radio)
AES (AES) (RealMoney Radio)
Akamai Technologies (AKAM) (buy at $30) (Lightning Round) discussion
Apple (AAPL) (Lightning Round) discussion
Apple (AAPL) (RealMoney Radio) discussion
Baker Hughes (BHI) (mentioned on Mad Money)
BP (BP) (Lightning Round)
Burlington Northern (BNI) (RealMoney Radio)
Caterpillar (CAT) (RealMoney Radio) discussion
Cheesecake Factory (CAKE) (Lightning Round)
Chevron (CVX) (Lightning Round)
Chico’s FAS (CHS) (mentioned on Mad Money)
Citibank (C) (RealMoney Radio)
Commerce Bancorp (CBH) (RealMoney Radio)
Conexant (CNXT) (wait for lower prices) (RealMoney Radio)
ConocoPhillips (COP) (Lightning Round)
CSX (CSX) (RealMoney Radio)
Darden (DRI) (Lightning Round)
Deere (DE) (RealMoney Radio)
Diebold (DBD) (RealMoney Radio)
EarthLink (ELNK) (CEO interview on Mad Money)
Exelon (EXC) (Lightning Round)
Finisar (FNSR) (wait for lower prices) (RealMoney Radio)
Four Seasons (FS) (mentioned on Mad Money)
FPL (FPL) (Lightning Round)
General Motors (GM) ($40 target) (RealMoney Radio)
General Motors (GM) (Lightning Round)
Hewlett-Packard (HPQ) (mentioned on Stop Trading!)
Hewlett-Packard (HPQ) (RealMoney Radio)
J.P. Morgan’s (JPM) (RealMoney Radio)
JDSU (JDSU) (wait for lower prices) (RealMoney Radio)
Koppers Holdings (KOP) (Lightning Round)
Men’s Wearhouse (MW) (Lightning Round)
Norfolk Southern (NSC) (RealMoney Radio)
Oceaneering International (OII) (mentioned on Mad Money)
Openwave Systems (OPWV) (Lightning Round)
PetroChina (PTR) (Lightning Round)
Qualcomm (QCOM) (featured on Mad Money)
Royal Caribbean Cruises (RCL) (RealMoney Radio) discussion
Smith Micro Software (SMSI) (Lightning Round)
TD Ameritrade (AMTD) (Lightning Round) discussion
The Children’s Place (PLCE) (Lightning Round)
Tim Hortons (THI) (Lightning Round)
Toyota (TM) (Lightning Round)
Toyota (TM) (RealMoney Radio)
TXU (TXU) (Lightning Round)
Union Pacific (UNP) (RealMoney Radio)
United Technologies (UTX) (RealMoney Radio)
VF Corp (VFC) (Lightning Round)
Whole Foods (WFMI) (mentioned on Mad Money)
Yum! Brands (YUM) (Lightning Round)

Bearish
Carnival (CCL) (RealMoney Radio)
Crystallex (KRY) (Lightning Round)
Cummins (CMI) (Lightning Round)
Dell (DELL) (RealMoney Radio)
Emcore (EMKR) (Lightning Round)
Energy Transfer Partners (ETP) (Lightning Round)
EuroZinc Mining (EZM) (Lightning Round)
Exxon Mobil (XOM) (Lightning Round)
IBM (IBM) (Lightning Round)
Krispy Kreme (KKD) (Lightning Round)
Lithia Motors (LAD) (Lightning Round)
Northgate Minerals (NXG) (Lightning Round)
Paccar (PCAR) (Lightning Round)
Red Robin Gourmet Burgers (RRGB) (Lightning Round)
Trinity Industries (TRN) (RealMoney Radio)
Under Armour (UARM) (Lightning Round)

Having trouble writing down all of Cramer’s picks?
Free daily recap newsletter to your inbox

A stronger-than-expected consumer inflation report re-ignited fears of inflation and raised the odds of further interest-rate rises. This lead the stocks to end sharply down with the Dow Jones Industrial Average logging its biggest one-day point drop in more than three years. The Nasdaq Composite Index fell for the seventh session in a row to wipe out its gains for the year, while the S&P 500 Index ended at a more than three-month low.

Today, the Dow Jones Industrial average closed down 214.28 or 1.8% to 11,205.61, the broader Standard & Poor’s 500 index closed down 21.76 or 1.7% to 1,270.32, and the Nasdaq composite index closed down 33.33 or 1.5% to 2,195.80. Since the Federal Reserve last raised interest rates on May 10, the Dow has pulled back 3.8% and the Nasdaq has fallen 5.4%, while the S&P has shed 3.9%.

Market breadth was negative. On the New York Stock Exchange, decliners topped advancers by five to one on volume of 2.1 billion shares. On the Nasdaq, losers edged out winners by a margin of three to one as 2.4 billion shares changed hands.

The latest consumer-price report indicates clearly that “not only is the economy accelerating, but inflation is picking up.” The consumer-price index rose 0.6%. Excluding food and energy prices, consumer prices rose 0.3%. The increase in the CPI and the core rate were both slightly higher than the expected 0.5% and 0.2% respectively. After the inflation data, the federal funds-futures market priced in a more than 50% chance of a rate increase in June.

Amidst the mayhem, shares of Hewlett-Packard Co. closed up $1.05 or 3.4% at $32.16. The company reported a 51% rise in its second-quarter profit as the technology giant saw strong sales at its personal-computer and printing and imaging divisions. The company’s earnings also beat Wall Street expectations.

Stock of Applied Materials Inc. fell $0.92 or 5.2% to $16.93, after the chip equipment maker posted a higher quarterly profit that topped Wall Street estimates. Some analysts, however, expressed concerns about decelerating bookings and a conservative outlook. Net profit rose 35% in its second quarter, helped by stronger demand for its equipment used to manufacture chips that power consumer electronic devices.

Circuit City Stores Inc. shares rose $0.52 or 1.8% to $29.45 after the consumer-electronics retailer reiterated its outlook for net sales growth of 7% to 11% in fiscal 2007, and said that it sees a break-even performance for the first quarter. Investor confidence is based on higher sales for flat-panel TVs and portable-music players and a promise of improving margins.

Other noteworthy news included Verizon Communications closed down $0.89 to $30.81, after it denied media reports that it entered into a contract with the National Security Agency, providing the government office with info about its customer phone calls.

Crude-oil futures ended at their lowest level in more than a month after weekly data showed a rise in gasoline supplies for a third week in a row. Oil for June delivery fell 84 cents to $68.69 a barrel on the New York Mercantile Exchange.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter

We have done our best to record the calls for you, but remember that the shows are fast moving, and sometimes Cramer bangs on the sell! sell! sell!, bull roar, train wreck, suicide jump, hallelujah chorus, backing up truck, creepy house of pain voice, machine gun, fanfare, toilet flush, all aboard, applause, cash register, bear growl, bowling pins, and submarine diving alarm buttons all at once, while he is screaming.

Please do your own research, and verify all information before acting on it. This summary of Cramer’s picks is not intended to replace watching the shows, where his comments about the stocks often include advice about entry and exit points.

Bullish
Alcan (AL) (Lightning Round)
Alcoa (AA) (Lightning Round)
Apple (AAPL) (mentioned on Mad Money)
Bancolombia (CIB) (Lightning Round)
Bancolombia S.A. (CIB) (Lightning Round)
Bank of America (BAC) (mentioned on Stop Trading!)
Bank of America (BAC) (RealMoney Radio)
Barnes & Noble (BKS) (Lightning Round)
Biogen Idec (BIIB) (RealMoney Radio)
Cameco (CCJ) (RealMoney Radio)
Capital One Financial (COF) ($100 target) (Lightning Round)
Chipotle (CMG) (Lightning Round)
Citigroup (C) (mentioned on Stop Trading!)
Citigroup (C) (RealMoney Radio)
Coldwater Creek (CWTR) (RealMoney Radio)
Commerce Bancorp (CBH) (Lightning Round)
Commerce Bancorp (CBH) (RealMoney Radio)
ConocoPhillips (COP) (RealMoney Radio)
ConocoPhillips (COP) (RealMoney Radio)
Countrywide Financial (CFC) (RealMoney Radio)
Disney (DIS) ($33 or $34 target) (mentioned on Stop Trading!)
Evergreen Solar (ESLR) (Lightning Round)
Foster Wheeler (FWLT) (CEO interview on Mad Money)
Google (GOOG) (mentioned on Mad Money)
Marathon Oil (MRO) (RealMoney Radio)
National Semiconductor (NSM) (RealMoney Radio)
News Corp. (NWS.A) (mentioned on Mad Money)
News Corp. (NWS.A) (RealMoney Radio)
News Corp. (NWS) (mentioned on Stop Trading!)
Phelps Dodge (PD) (Lightning Round)
Rackable (RACK) (RealMoney Radio)
Rentech (RTK) (RealMoney Radio)
Sasol (SSL) (RealMoney Radio)
Schlumberger (SLB) (mentioned on Mad Money)
Schlumberger (SLB) (RealMoney Radio)
Smith Micro Software (SMSI) ($23 target) (featured on Mad Money)
Starbucks (SBUX) (Lightning Round)
Starbucks (SBUX) (RealMoney Radio)
U.S. Steel (X) (buy $61-$65) (Lightning Round)
United Technologies (UTX) (CEO interview on Mad Money)
USG (USG) (mentioned on Stop Trading!)
Walgreen (WAG) (RealMoney Radio)
Websense (WBSN) (mentioned on Stop Trading!)
Whole Foods (WFMI) (RealMoney Radio)
Wind River (WIND) (mentioned on Stop Trading!)
WW Grainger (GWW) (RealMoney Radio)
Yahoo! (YHOO) (mentioned on Mad Money)

Bearish
Bear Stearns (BSC) (mentioned on Stop Trading!)
Bear Stearns (BSC) (Lightning Round)
Bookham (BKHM) (mentioned on Mad Money)
Bookham (BKHM) (RealMoney Radio)
CBOT Holdings (BOT) (Lightning Round)
Chicago Mercantile Exchange (CME) (Lightning Round)
Cisco (CSCO) (mentioned on Mad Money)
eBay (EBAY) (mentioned on Stop Trading!)
eBay (EBAY) (RealMoney Radio)
Elan (ELN) (RealMoney Radio)
Electronic Arts (ERTS) (RealMoney Radio)
Goldman (GS) (mentioned on Stop Trading!)
Goldman Sachs Group (GS) (Lightning Round)
Intel (INTC) (mentioned on Mad Money)
International Securities Exchange (ISE) (Lightning Round)
JDSU (JDSU) (RealMoney Radio)
Lehman (LEH) (mentioned on Stop Trading!)
Lehman Brothers Holdings (LEH) (Lightning Round)
Microsoft (MSFT) (Lightning Round)
Microsoft (MSFT) (mentioned on Mad Money)
Nortel (NT) (mentioned on Mad Money)
Southern Copper (PCU) (Lightning Round)

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Investors remained nervous about the prospects for more interest-rate increases as most recent indicators show inflation in check and the economy growing at a solid pace. This led the markets to close lower with investors shrugging off a mixed bag of earnings reports. Early in the session stocks climbed higher as investors cheered signs that inflation may be under control, but turned South as disappointing sales from retailers overshadowed the economic reports.

Today, the Dow Jones industrial average closed down 8.88 or 0.1% to 11,419.89, the broader Standard & Poor’s 500 index closed down 2.42 or 0.2% to 1,292.08, and the Nasdaq composite index closed down 9.39 or 0.4% to 2,229.13. This is the lowest close for year for the Nasdaq.

Market breadth was positive. On the New York Stock Exchange, advancers topped decliners 16 to 15 on volume of 1.7 billion shares. On the Nasdaq, winners narrowly edged out losers 15 to 14 as 2.1 billion shares changed hands.

Today was a data driven day with the producer price report calming inflation fears, while the industrial production data showed the economy running at a decent pace. U.S. producer prices rose 0.9% in April, due to surging energy prices, but prices outside of energy were well contained. This is against the expected increase of 0.8%. The core producer price index for finished goods rose 0.1%, a hopeful sign that higher energy prices haven’t led to a more generalized inflation. This is against the expected 0.2% increase. Additionally, the housing market may be slowing, with housing starts dropped 7.4% in April. This is the largest drop in more than a year.

Home Depot closed down $2.05 or over 5% to $38.45, after reporting a better-than-expected gain in earnings but stating that sales at retail stores were soft. While profit increased 19%, sales fell short of analysts expectation. The company has decided not to provide same-stores sales data.

Stock of Wal-Mart Stores closed up $0.64 or 1.4% to $48.07, on posting improved earnings in the fiscal first quarter. The company posted a 6.3% increase in first-quarter profit on sales, in line with estimate. The strong performance is attributable to keeping inventory in check and to its new-fashioned merchandise.

Shares in Apple Computer Inc. fell 4.2% to $64.98 after Creative Technology Ltd. filed a complaint with the U.S. International Trade Commission, claiming the maker of the market-leading iPod media player infringed on Creative’s patents for some of its own music-playing devices. Creative shares rose 4.8% to $5.72. This battle is likely to continue for a while.

Stock of Staples closed down $1.60 or 6% to $24.82, after the office supply retailer posted higher quarterly profit despite slow sales growth in North American stores. Carnival closed down $3.94 or 8.5% to $42.60, after cutting its outlook because of higher fuel costs and weakness in demand for Caribbean cruises. DOV Pharmaceuticals closed down $4.03 or 57% to $3.02, after the drug-maker said that its first-quarter loss more than doubled as revenue fell and research and development expenses rose. Shares of Neurocrine Biosciences closed down $33.87 or 62% to $20.76, after announcing its sleep drug, which it is developing with Pfizer, was rejected by regulators.

Crude oil for June delivery closed 12 cents higher at $69.53 a barrel on the New York Mercantile Exchange.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter