Cramer's Take on Headline Stocks: Aug. 31
4296 views
Rate Now: 1 2 3 4

average rating: 0.00 / 0 ratings
Created by Stockpickr Staff
DESCRIPTION:

Date updated:08-31-2009

Here's what Jim Cramer's had to say about some of the stocks in today's news.

symbol name last price % change open
  • +
  • JPM
    Jp Morgan Chase C
  • $42.48
  • -1.85%
  • $43.26

On his Aug. 25 "Mad Money" show, Cramer said that he's still bullish on banks, especially those heavy into homeownership, including JPMorgan, Wells Fargo (WFC) and Bank of America (BAC), all three of which he owns for his Action Alerts PLUS charitable trust.

People owning JPM also tend to own: AAAIGIBMINTCJNJKOMSFT

TheStreet.com Rating: B- What is this?

  • +
  • WFC
    Wells Fargo & Co
  • $27.86
  • -0.75%
  • $27.89

On his Aug. 25 "Mad Money" show, Cramer said that he's still bullish on banks, especially those heavy into homeownership, including JPMorgan, Wells Fargo (WFC) and Bank of America (BAC), all three of which he owns for his Action Alerts PLUS charitable trust.

People owning WFC also tend to own: ACEBACCCBCOPCVXDIS

TheStreet.com Rating: C What is this?

  • +
  • BAC
    Bk Of America Cp
  • $16.10
  • -1.17%
  • $16.21

On his Aug. 25 "Mad Money" show, Cramer said that he's still bullish on banks, especially those heavy into homeownership, including JPMorgan, Wells Fargo (WFC) and Bank of America (BAC), all three of which he owns for his Action Alerts PLUS charitable trust.

People owning BAC also tend to own: AAADPAVPBRK-BBUDCSCOCX

TheStreet.com Rating: C- What is this?

  • +
  • RDN
    Radian Group Inc
  • $4.96
  • -2.94%
  • $5.15

On an Aug. 7 "Lightning Round" segment, Cramer said that Radian was a "pure short squeeze" and told viewers they "don't want to be there." In an Aug. 28 post to his RealMoney blog, Cramer wrote that "what has shocked me has been the dearth of bankruptcies." He said that "amazingly" companies such as Radian, PMI Group (PMI) and MBIA (MBI) are "alive and kicking." "How could these guys not have gone belly-up?" he asked.

People owning RDN also tend to own: MTGTGICAAPLEBAYFFTKMSFT

TheStreet.com Rating: D+ What is this?

  • +
  • HCBK
    Hudson City Banco
  • $13.10
  • -1.21%
  • $13.28

On his Aug. 24 "Lightning Round" segment, Cramer said Hudson City was "playing it safe" and wasn't being "aggressive enough." "It'll come back," he said, "but not as fast as some of the other banks that I like."

People owning HCBK also tend to own: CLJCPUTXCATCVXDNAGOOG

TheStreet.com Rating: B What is this?

  • +
  • TXT
    Textron Inc
  • $20.37
  • +1.39%
  • $20.10

"Take the curious case of Textron (TXT). I look at this company, with severe monumental losses in finance and a big reliance on business jets plus a heavy auto component -- this company should have failed. It should have been forced to go bankrupt. Instead, like so many other troubled companies, it was able to do an equity offering and work its way through this period. Now it has an analyst meeting on Sept. 10, and JPMorgan said yesterday, "We continue to view Textron as one of the last value plays in the sector." Can you believe it? Deathbed to best buy!" "Where Are All of the Bankruptcies?" Aug. 28, 2009

People owning TXT also tend to own: ADBECOFGOOGISELVSMERMO

TheStreet.com Rating: C- What is this?

  • +
  • C
    Citigroup Inc
  • $4.21
  • -1.64%
  • $4.29

"Consider those who bought Citigroup (C) when it looked like a colossal joke, a ward of the state, a pathetic bank that wasn't going to work its way out of its hole. You are up about two bucks from the conversion! That's remarkable. What a home run. I am getting letters from people who made $20,000, $30,000 on this one from watching "Mad Money" and reading this blog." "Speculators 1, Shorts 0," Aug. 28, 2009

People owning C also tend to own: ACEBACCBCOPCVXDISGS

TheStreet.com Rating: D What is this?

  • +
  • FNM
    Fannie Mae
  • $1.00
  • -0.99%
  • $1.01

"Was there a bigger punch line of a joke than Freddie Mac (FRE)? Of course, Fannie Mae (FNM)! Will you look at how they are trading? And I am talking about monumental gains. Huge. The speculators nailed it. They were so much smarter than the intellectuals and the aggressive, uninformed short-sellers." "Speculators 1, Shorts 0," Aug. 28, 2009

People owning FNM also tend to own: ABPIADPTDCREBAYEDCIFMDHTE

TheStreet.com Rating: D What is this?

previous next

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

Dividend Stocks for the Week

By Jonas Elmerraji Posted on Nov. 24, 2009 Don’t dismiss dividends right now. While stocks may have made significant strides in the rally that’s taken hold of the m...

11.24.09 | 11:36 AM
This Week's 'Barron's' Roundup

By Roberto Pedone Posted on Nov. 24, 2009 10 Terrific Dividend Stocks: This Barron’s article highlights 10 high-quality dividend-paying stocks for investors who’re ...

11.24.09 | 08:05 AM
Rocket Stocks for the Week

By Jonas Elmerraji Posted on Nov. 23, 2009 As well as broad-based indexes have performed in the last few months, Stockpickr's weekly Rocket Stocks list has managed to d...

11.23.09 | 10:34 AM
Cramer's Take on Headline Stocks...

Not a Stockpickr member? Join the community today -- for free.Regardless of why a stock is in the news, it never hurts to hear what a professional investor has to say about...

11.20.09 | 11:48 AM
more articles
Nymph's Trading Daily Trading Diary
04.13.09 | 01:10 AM From author Trading Nymph
Boycott Mad Money
11.24.09 | 23:14 PM From author Searenity Research
Banks to lead us in economic rec...
11.24.09 | 23:55 PM From author graspthemarket
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZA
more forums
Q. OK, what would it take to make g...
11.24.09 | 18:01 PM Asked by alchemist

A. A stronger dollar, reduction in
government debt, gold backing of the
dollar.

today 's lists
Earnings Announcements

Here is a list of some of the companies that will report earnings tomorrow (Nov. 25, 2009). For some of the companies below, EPS estimates* are provided. * Analyst op... more

Biggest % Gainers

Here are some of the largest % gainers from Nov. 24, 2009. more

Biggest % Losers

Here is the stock list of some of the largest % losers from Nov. 24, 2009. more