Cramer's Autos & Aerospace Stocks HIt By Downgrades
2413 views
Rate Now: 1 2 3 4

average rating: 0.00 / 0 ratings
Created by barrons2
DESCRIPTION:

Date updated:06-26-2008

"You can't lose autos and aerospace. Yet that's what's happening." - Jim Cramer

symbol name last price % change open
  • +
  • UTX
    United Technologi
  • $55.58
  • 0.00%
  • $55.21

Yet that's what's happening. The devastating aerospace downgrade by Goldman yesterday had pin action galore, wrecking everything from United Tech (UTX) and Parker-Hannifin (PH) to BE Aerospace (BEAV). It took the whole frame down with it and made everything toxic.

People owning UTX also tend to own: PNRASHFLSIRIXMSRCLHCBKJCP

TheStreet.com Rating: B- What is this?

  • +
  • PH
    Parker Hannifin C
  • $46.98
  • +0.66%
  • $46.54

Yet that's what's happening. The devastating aerospace downgrade by Goldman yesterday had pin action galore, wrecking everything from United Tech (UTX) and Parker-Hannifin (PH) to BE Aerospace (BEAV). It took the whole frame down with it and made everything toxic.

People owning PH also tend to own: AIGALLBACCCATCBSCOP

TheStreet.com Rating: C What is this?

  • +
  • BEAV
    Be Aerospace
  • $15.87
  • -0.44%
  • $15.65

Yet that's what's happening. The devastating aerospace downgrade by Goldman yesterday had pin action galore, wrecking everything from United Tech (UTX) and Parker-Hannifin (PH) to BE Aerospace (BEAV). It took the whole frame down with it and made everything toxic.

People owning BEAV also tend to own: LVLTNWSAUYLIFCIVACUTSIARNA

TheStreet.com Rating: B What is this?

  • +
  • HON
    Honeywell Interna
  • $35.19
  • 0.00%
  • $35.31

It isn't like Honeywell (HON), which with a few days left in the quarter can come out defending itself. Goldman rolled a perfect strike.

People owning HON also tend to own: AAPLAIGAPDBABACBAXC

TheStreet.com Rating: B- What is this?

  • +
  • GM
    Gm
  • $0.00
  • N/A
  • $N/A

And now the bowlers are back for more with an equally devastating "sell everything" call based on GM (GM).

People owning GM also tend to own: AAAMEATICAGCEGCMICOL

TheStreet.com Rating: E+ What is this?

  • +
  • LEA
    Lear Corp.
  • $1.33
  • 0.00%
  • $1.48

Once again it is seamless: Lear (LEA) and Tenneco (TEN) get jettisoned too,

People owning LEA also tend to own: ABFSAIGAMAWHAWICBSCNO

TheStreet.com Rating: D What is this?

  • +
  • TEN
    Tenneco Inc
  • $6.96
  • 0.00%
  • $6.77

Once again it is seamless: Lear (LEA) and Tenneco (TEN) get jettisoned too,

People owning TEN also tend to own: CHTRTWXADMDYNMWASVUB

TheStreet.com Rating: D What is this?

  • +
  • VC
    N/a
  • $0.59
  • 0.00
  • $0.59

but you know that Visteon (VC) and American Axle (AXL) and Johnson Controls (JCI) and BorgWarner (BWA) -- the good ones! -- go down with the car.

People owning VC also tend to own: BMRNBVXCHTRCOGOCRESYCROXCWTR

TheStreet.com Rating: D What is this?

  • Page 1 of 2
  • 1
  • 2
previous next

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

latest articles | popular forums
Four Must-See Charts: Stem Cell ...

By Stockpickr Staff Posted on July 2, 2009 Developments in the stem cell world are starting to get very interesting. On Tuesday, General Electric (GE) signed an exc...

07.02.09 | 15:19 PM
Stockpickr's Picks of the Day: J...

By Rebecca Corvino Posted on July 2, 2009 Every day, Stockpickr members are creating and sharing stock ideas with each other through various platforms. If you're not al...

07.02.09 | 13:43 PM
Cramer's Take on Headline Stocks...

By Rebecca Corvino Posted at 12:30 p.m. EDT on July 2, 2009 Making Thursday's headlines and sending stocks lower were reports that June saw the loss of 467,000 more job...

07.02.09 | 12:31 PM
Dividend Stocks for the Week

By Stockpickr Staff Posted on July 2, 2009 Some investors assume that at this time of year, it's the summer doldrums for the stock market. After all, as the saying goe...

07.02.09 | 11:02 AM
more articles
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZA
Will black social ills take a ba...
11.22.08 | 18:53 PM From author Valerie Vecchio
Wealth distribution by race and ...
11.23.08 | 18:44 PM From author Valerie Vecchio
The Presidential/Political Thread
01.02.08 | 08:05 AM From author Dave Cox
more forums
recent answers | popular answers
bubble(1)
Q. Right now futures for tomorrow(M...
07.05.09 | 21:41 PM Asked by blitz373

A. commodities also down across the board.
i think guidance will be the real market
mover, cause i think we only have q3
left for peoples patience to run out.
mike

show all recent stockpickr answers
today 's lists
Analyst Upgrades

Analyst Upgrades for July 1, 2009. Read more here. more

TSC Ratings Upgrades

These stocks were upgraded by TheStreet.com Ratings on July 1, 2009. Check out the full article here.... more

52-Week Lows

Here is a list of some of the biggest stocks that hit 52-week lows as of July 1, 2009. more

show all today's lists