Cramer's Stocks To Watch For A Bounce
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Created by barrons3
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Date updated:06-18-2009

"To me, the only real positive out there is still one more week of positive inflows to equity funds, which has been a tremendous streak and a reminder that if we could go a few more days without a bank deal, we might be in a decent situation to power the techs and banks higher by the end of the quarter." - Jim Cramer

symbol name last price % change open
  • +
  • CC
    Cc
  • $0.00
  • N/A
  • $N/A

It has been a long time since we have been "due" to go higher, but since there had been an extra unbelievably long time that we were "due" to go down, I don't think there's much of a reason to believe that matters. One could argue that today's discretionary call, Carnival (CC) -- Tuesday was Best Buy (BBY), yesterday we had FedEx (FDX) -- wasn't a nightmare, so we can take that off the table. Maybe even someone will interpret bookings as higher revenues and therefore positive!

People owning CC also tend to own: PACTYHOOAMZNBBYDELLEBAYMSFT

TheStreet.com Rating: No Rating What is this?

  • +
  • BBY
    Best Buy Co Inc
  • $43.30
  • +0.81%
  • $42.82

It has been a long time since we have been "due" to go higher, but since there had been an extra unbelievably long time that we were "due" to go down, I don't think there's much of a reason to believe that matters. One could argue that today's discretionary call, Carnival (CC) -- Tuesday was Best Buy (BBY), yesterday we had FedEx (FDX) -- wasn't a nightmare, so we can take that off the table. Maybe even someone will interpret bookings as higher revenues and therefore positive!

People owning BBY also tend to own: ANVAYEAZOBPZCOHCTRNCVA

TheStreet.com Rating: C+ What is this?

  • +
  • FDX
    Fedex Corp
  • $81.78
  • -0.85%
  • $81.93

It has been a long time since we have been "due" to go higher, but since there had been an extra unbelievably long time that we were "due" to go down, I don't think there's much of a reason to believe that matters. One could argue that today's discretionary call, Carnival (CC) -- Tuesday was Best Buy (BBY), yesterday we had FedEx (FDX) -- wasn't a nightmare, so we can take that off the table. Maybe even someone will interpret bookings as higher revenues and therefore positive!

People owning FDX also tend to own: ADPAMATAVYAXPCLDDDELL

TheStreet.com Rating: C What is this?

  • +
  • AAPL
    Apple Inc.
  • $199.92
  • -0.29%
  • $198.33

To me, the stocks to watch, once again, would be Apple (AAPL), Research In Motion (RIMM) (most cogent of all because it will determine tech for the next 48 hours),

People owning AAPL also tend to own: AMDCSCODELLGOOGIBMINTCMSFT

TheStreet.com Rating: B+ What is this?

  • +
  • RIMM
    Research In Motio
  • $59.72
  • 0.00%
  • $N/A

To me, the stocks to watch, once again, would be Apple (AAPL), Research In Motion (RIMM) (most cogent of all because it will determine tech for the next 48 hours),

People owning RIMM also tend to own: AAPLAPAAUYBPCCMECOP

TheStreet.com Rating: B- What is this?

  • +
  • BAC
    Bk Of America Cp
  • $16.09
  • +0.06%
  • $16.03

Bank of America (BAC) -- the preferred conversion is almost over -- and JPMorgan (JPM), which could be heading to the $30 strike ... a disaster for the Dow.

People owning BAC also tend to own: AAADPAVPBRK-BBUDCSCOCX

TheStreet.com Rating: C- What is this?

  • +
  • JPM
    Jp Morgan Chase C
  • $42.46
  • -0.21%
  • $42.47

Bank of America (BAC) -- the preferred conversion is almost over -- and JPMorgan (JPM), which could be heading to the $30 strike ... a disaster for the Dow.

People owning JPM also tend to own: AAAIGIBMINTCJNJKOMSFT

TheStreet.com Rating: B- What is this?

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