Cramer's Take on Headline Stocks 4-14-09
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Date updated:04-14-2009

Goldman Sachs (GS), which was scheduled to report this morning, surprised with an early earnings announcement on Monday night, beating analyst estimates.

Johnson & Johnson (JNJ) reported its earnings on Tuesday morning, saying that revenue fell 7.2% compared with the year-ago quarter and earnings were flat.

On Monday, FedEx (FDX) announced plans to remove 14 jets from service by May 31.

Meanwhile, the Baltic Dry Index, which measures the cost of moving raw materials, is down about 55% over the past three weeks.

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

symbol name last price % change open
  • +
  • FDX
    Fedex Corp
  • $77.12
  • +2.83%
  • $74.45

"If the Baltic Freight Index seems to go down every day, then why is FedEx (FDX)still going higher? If Ryder's (R) getting hammered, why isn't United Parcel Service (UPS)? Why are the rails still higher when YRC Worldwide (YRCW) can't get out of its own way? Do you know that CSX (CSX) and Union Pacific (UNP) just had nice moves and they aren't giving them up? Maybe all of these moves are just plain false. You simply can't get stocks to stay up if things are as bleak as the Baltic indicates. It is too predictive." ("The Salutary Effect of Destocking," 4-8-09)

People owning FDX also tend to own: AXANOKNUERTPSLBTMBK

TheStreet.com Rating: C What is this?

  • +
  • R
    Ryder System Inc
  • $42.26
  • -0.12%
  • $41.50

"If the Baltic Freight Index seems to go down every day, then why is FedEx (FDX)still going higher? If Ryder's (R) getting hammered, why isn't United Parcel Service (UPS)? Why are the rails still higher when YRC Worldwide (YRCW) can't get out of its own way? Do you know that CSX (CSX) and Union Pacific (UNP) just had nice moves and they aren't giving them up? Maybe all of these moves are just plain false. You simply can't get stocks to stay up if things are as bleak as the Baltic indicates. It is too predictive." ("The Salutary Effect of Destocking," 4-8-09)

People owning R also tend to own: ABCDEFH

TheStreet.com Rating: C+ What is this?

  • +
  • YRCW
    Yrc Worldwide
  • $1.22
  • -5.43%
  • $1.35

"If the Baltic Freight Index seems to go down every day, then why is FedEx (FDX)still going higher? If Ryder's (R) getting hammered, why isn't United Parcel Service (UPS)? Why are the rails still higher when YRC Worldwide (YRCW) can't get out of its own way? Do you know that CSX (CSX) and Union Pacific (UNP) just had nice moves and they aren't giving them up? Maybe all of these moves are just plain false. You simply can't get stocks to stay up if things are as bleak as the Baltic indicates. It is too predictive." ("The Salutary Effect of Destocking," 4-8-09)

People owning YRCW also tend to own: AAADPAVPBACBRK-BBUDCSCO

TheStreet.com Rating: E+ What is this?

  • +
  • UNP
    Union Pacific
  • $62.36
  • +2.82%
  • $60.43

"If the Baltic Freight Index seems to go down every day, then why is FedEx (FDX)still going higher? If Ryder's (R) getting hammered, why isn't United Parcel Service (UPS)? Why are the rails still higher when YRC Worldwide (YRCW) can't get out of its own way? Do you know that CSX (CSX) and Union Pacific (UNP) just had nice moves and they aren't giving them up? Maybe all of these moves are just plain false. You simply can't get stocks to stay up if things are as bleak as the Baltic indicates. It is too predictive." ("The Salutary Effect of Destocking," 4-8-09)

People owning UNP also tend to own: AAALLAPCBABACCCAT

TheStreet.com Rating: B What is this?

  • +
  • CSX
    C S X Cp
  • $47.69
  • +1.71%
  • $46.37

"If the Baltic Freight Index seems to go down every day, then why is FedEx (FDX)still going higher? If Ryder's (R) getting hammered, why isn't United Parcel Service (UPS)? Why are the rails still higher when YRC Worldwide (YRCW) can't get out of its own way? Do you know that CSX (CSX) and Union Pacific (UNP) just had nice moves and they aren't giving them up? Maybe all of these moves are just plain false. You simply can't get stocks to stay up if things are as bleak as the Baltic indicates. It is too predictive." ("The Salutary Effect of Destocking," 4-8-09)

People owning CSX also tend to own: AEPAMPAOCCAGEIXFGNW

TheStreet.com Rating: B- What is this?

  • +
  • UPS
    United Parcel Svc
  • $54.86
  • +0.73%
  • $54.39

"If the Baltic Freight Index seems to go down every day, then why is FedEx (FDX)still going higher? If Ryder's (R) getting hammered, why isn't United Parcel Service (UPS)? Why are the rails still higher when YRC Worldwide (YRCW) can't get out of its own way? Do you know that CSX (CSX) and Union Pacific (UNP) just had nice moves and they aren't giving them up? Maybe all of these moves are just plain false. You simply can't get stocks to stay up if things are as bleak as the Baltic indicates. It is too predictive." ("The Salutary Effect of Destocking," 4-8-09)

People owning UPS also tend to own: COPCOSTCSCOIACIMRVLNWSQCOM

TheStreet.com Rating: C+ What is this?

  • +
  • BBBY
    Bed Bath & Beyond
  • $37.14
  • +0.13%
  • $36.91

"That's how we bottom. Always. That plus the kind of short-covering we have been seeing -- including stocks such as Bed Bath & Beyond (BBBY) -- explain the part of the market that's rallying today." ("The Salutary Effect of Destocking," 4-8-09)

People owning BBBY also tend to own: CAKEEXPGEMSFTXOMGRMNVLO

TheStreet.com Rating: B What is this?

  • +
  • BDK
    Black Decker Cp
  • $61.05
  • -0.70%
  • $61.38

"I am rattled by the decline in the discretionaries. But how in heck could they not come in? We sold Black & Decker (BDK) around here last week because the company's dividend is unsure and its quarter should be awful. But the last 10% move was all about takeover. I don't think takeovers are coming back in this sector any time soon." ("Deciphering the Market's Mixed Signals," 4-7-09)

People owning BDK also tend to own: JNJMSFTCNXTCTXSGOOGGSKJDSUD

TheStreet.com Rating: C What is this?

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