Cramer's Take on Headline Stocks 4-13-09
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Date updated:04-13-2009

After an extra day's rest over the long weekend, stocks opened on the downside on Monday.

One of the morning's big movers was General Motors (GM), which was down almost 16% on more bankruptcy speculation.

Earnings season is gaining momentum, with retailer Talbots (TLB) reporting today and Intel (INTC), Goldman Sachs (GS) and Johnson & Johnson (JNJ) scheduled for Tuesday.

Also making headlines was online auctioneer eBay (EBAY), with reports that it will buy a stake in Korean e-commerce company Gmarket (GMKT). eBay was downgraded to sell on Monday by a Collins Stewart analyst.

With this in mind, we thought we'd take a look at some of the stocks making headlines recently and see what Jim Cramer's had to say about them.

symbol name last price % change open
  • +
  • WMT
    Wal Mart Stores
  • $54.28
  • -0.48%
  • $54.53

"Retail sales weren't even that good. As I go over each comp number and I factor in the calendar change from last year's Easter shift -- extra day in March -- I come back with the startling thought that the only really good number was Wal-Mart (WMT). That's right, Wal-Mart." ("Retail = No Sale," 4-9-09)

People owning WMT also tend to own: ABTDGXEPDFMDGSKJNJJOSB

TheStreet.com Rating: B What is this?

  • +
  • JWN
    Nordstrom Inc
  • $33.95
  • -0.82%
  • $34.03

"Of course, that means it was all the expectations game. The other guys had taken down expectations to the point that their horrid numbers looked good, especially Nordstrom's (JWN), but Kohl's (KSS) and J.C. Penney (JCP) weren't so hot either. Abercrombie's (ANF) were terrible, the worst I have seen, but you could never lower them enough!" ("Retail = No Sale," 4-9-09)

People owning JWN also tend to own: AAPLAMRCOSTDEGOOGGSITA

TheStreet.com Rating: C+ What is this?

  • +
  • KSS
    Kohls Cp
  • $53.96
  • -0.68%
  • $54.12

"Of course, that means it was all the expectations game. The other guys had taken down expectations to the point that their horrid numbers looked good, especially Nordstrom's (JWN), but Kohl's (KSS) and J.C. Penney (JCP) weren't so hot either. Abercrombie's (ANF) were terrible, the worst I have seen, but you could never lower them enough!" ("Retail = No Sale," 4-9-09)

People owning KSS also tend to own: BBBYCCSCOGEINTCMSFTPFE

TheStreet.com Rating: B- What is this?

  • +
  • JCP
    Penney J C Co Hol
  • $29.43
  • +0.14%
  • $29.19

"Of course, that means it was all the expectations game. The other guys had taken down expectations to the point that their horrid numbers looked good, especially Nordstrom's (JWN), but Kohl's (KSS) and J.C. Penney (JCP) weren't so hot either. Abercrombie's (ANF) were terrible, the worst I have seen, but you could never lower them enough!" ("Retail = No Sale," 4-9-09)

People owning JCP also tend to own: AAPLADBEBBYCMCSAGOOGMDTORCL

TheStreet.com Rating: C What is this?

  • +
  • ANF
    Abercrombie & Fit
  • $39.73
  • -0.95%
  • $39.90

"Of course, that means it was all the expectations game. The other guys had taken down expectations to the point that their horrid numbers looked good, especially Nordstrom's (JWN), but Kohl's (KSS) and J.C. Penney (JCP) weren't so hot either. Abercrombie's (ANF) were terrible, the worst I have seen, but you could never lower them enough!" ("Retail = No Sale," 4-9-09)

People owning ANF also tend to own: AMGNBBBBCWCOELOSHARIIFMER

TheStreet.com Rating: C What is this?

  • +
  • WFC
    Wells Fargo & Co
  • $27.87
  • -1.59%
  • $28.21

Cramer said the news from Wells Fargo (WFC), a stock which he owns for his charitable trust, Action Alerts PLUS, of much better-than-expected earnings is game changing. He said no longer can the bears deny the fact that banking can be a massively profitable business. ("Mad Money Recap," 4-9-09)

People owning WFC also tend to own: ACEBACCCBCOPCVXDIS

TheStreet.com Rating: C What is this?

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

Cramer said on the heels of this great news, he's also bullish on JPMorgan Chase (JPM), another Action Alerts Plus name, along with Bank Of America (BAC), which also might be in much better shape than people believe. ("Mad Money Recap," 4-9-09)

People owning JPM also tend to own: AAAIGIBMINTCJNJKOMSFT

TheStreet.com Rating: B- What is this?

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

Cramer said on the heels of this great news, he's also bullish on JPMorgan Chase (JPM), another Action Alerts Plus name, along with Bank Of America (BAC), which also might be in much better shape than people believe. ("Mad Money Recap," 4-9-09)

People owning BAC also tend to own: AAPLGOOGINTCMSFTRACKCFCASH

TheStreet.com Rating: C- What is this?

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Q. If Goldman Sachs is stupid, what...
11.21.09 | 17:17 PM Asked by Clementplace

A. why are you picking on just one ex-GS
employee....why not compare data on all
former GS employees?....sorry for
bringing your name into this useless
arguement.... Leon Cooperman one of The
400 Richest Americans (2009) worked 25
yrs at GS.
sources:
http://www.stockpickr.com/members/port/L
eon-Cooperman/
forbes.com

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