Cramer's Take on Headline Stocks: June 4
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Date updated:06-04-2009

Same-store sales numbers for May are in, with many retailers missing expectations and posting larger-than-expected losses. Target's (TGT) numbers fell 6.1%, compared with an expected 4.3% decline. Costco (COST) reported same-store sales down 7%, compared with an expected 6.4% loss.

Wal-Mart (WMT), which had lately posted positive results, is no longer reporting same-store sales, but there were a few other positive reports, including TJX (TJX), up 5%, and Aeropostale (ARO), up 19%.

In other Thursday news, Intel (INTC) announced a deal to buy Wind River Systems (WIND) for $11.50 a share, or $884 million, in an attempt to enter the wireless devices market.

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

Read the full article here.

symbol name last price % change open
  • +
  • QQQQ
    Powershares Excha
  • $43.44
  • -0.50%
  • $43.42

"I like this healthy pullback in the Nasdaq, something I hope our colleague Dan Fitzpatrick weighs in on with his excellent look at the PowerShares QQQ (QQQQ) technicals, which he liked so much and I used as the basis of my "Off the Charts" segment on "Mad Money" -- by far the most popular segment I do." ("The 10% Pullback Mob," 6-3-09)

People owning QQQQ also tend to own: ABTBKCATCSCOCTXDEDHI

TheStreet.com Rating: No Rating What is this?

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

"The only thing that is worrisome to the 10% pullback crowd who do their newspeak with the news-givers is Apple (AAPL). The darned thing has spoiled more 10% pullbacks before they can get to 10% than any other stock." ("The 10% Pullback Mob," 6-3-09)

People owning AAPL also tend to own: AMDCSCODELLGOOGIBMINTCMSFT

TheStreet.com Rating: B+ What is this?

  • +
  • VLO
    Valero Energy Cp
  • $16.47
  • +0.67%
  • $16.60

"Maybe Valero (VLO) is just a really bad company. First, what's with the second-quarter loss? This should have been a golden moment for a refiner as they have been raising prices like mad and outages have allowed for some excellent gouging. Valero also bought back a gigantic amount of stock much higher -- perhaps the most aggressive buying of stock on the New York Stock Exchange -- and now it offers 40 million shares? That's a nightmare. Valero CEO William Klesse is going for a potential "Wall of Shame" entry." ("The 10% Pullback Mob," 6-3-09) ... Cramer added Willian Klesse, CEO of Valero (VLO), to his Wall Of Shame list of the worst CEOs. (Cramer's "Mad Money" Recap, 6-3-09)

People owning VLO also tend to own: APAAPCBHICHKCOPCVXDVN

TheStreet.com Rating: D+ What is this?

  • +
  • TGT
    Target Cp
  • $47.46
  • -0.92%
  • $47.73

"Anybody know why Bill Ackman didn't go after Saks (SKS)? Wouldn't that have been a better target? How about Liz Claiborne (LIZ)? Any back-of-the-envelope calculation would have told you that Target (TGT) is one of the few retailers that generated any wealth at all over the last 10 years. It also had one of the most sophisticated and best boards imaginable in part because of the excellent and legendary charity programs that it runs." ("The 10% Pullback Mob," 6-3-09)

People owning TGT also tend to own: CCATDEFNMFREGEKO

TheStreet.com Rating: B- What is this?

  • +
  • SKS
    Saks Inc
  • $6.71
  • +0.15%
  • $6.63

"Anybody know why Bill Ackman didn't go after Saks (SKS)? Wouldn't that have been a better target? How about Liz Claiborne (LIZ)? Any back-of-the-envelope calculation would have told you that Target (TGT) is one of the few retailers that generated any wealth at all over the last 10 years. It also had one of the most sophisticated and best boards imaginable in part because of the excellent and legendary charity programs that it runs." ("The 10% Pullback Mob," 6-3-09)

People owning SKS also tend to own: GWOMMAESAIGARNACSCODGX

TheStreet.com Rating: D What is this?

  • +
  • LIZ
    Liz Claiborne Inc
  • $4.66
  • +2.42%
  • $4.50

"Anybody know why Bill Ackman didn't go after Saks (SKS)? Wouldn't that have been a better target? How about Liz Claiborne (LIZ)? Any back-of-the-envelope calculation would have told you that Target (TGT) is one of the few retailers that generated any wealth at all over the last 10 years. It also had one of the most sophisticated and best boards imaginable in part because of the excellent and legendary charity programs that it runs." ("The 10% Pullback Mob," 6-3-09)

People owning LIZ also tend to own: DEBSDLXEXPOHRBKCPLENMDC

TheStreet.com Rating: D What is this?

  • +
  • NUE
    Nucor Cp
  • $41.13
  • -0.22%
  • $40.80

"Nucor (NUE) declares its 145th dividend -- awesome company, just awesome." ("The 10% Pullback Mob," 6-3-09) ... Nucor (NUE) has offered a "hefty dividend" year after year, said Cramer. "You can bank on it." "The bottom line," he said, "is that you need great management to run a steel company." Nucor's President, Chairman and CEO Dan DiMicco "does a great job." (Cramer's "Stop Trading!" 6-3-09)

People owning NUE also tend to own: AXAFDXNOKRTPSLBTMDEBS

TheStreet.com Rating: C What is this?

  • +
  • BUCY
    Bucyrus Internati
  • $52.06
  • -1.05%
  • $51.63

He said he also likes Bucyrus (BUCY). "These are both really fine companies." (Cramer's "Stop Trading!" 6-3-09)

People owning BUCY also tend to own: ECAFLIRHANSINGRTMVLOWIRE

TheStreet.com Rating: C What is this?

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A. Here's another one:
http://seekingalpha.com/article/173986-s
hipping-three-high-risk-high-reward-opti
ons

Also, DSX, for instance moved up after
hours.

It might depend on your timeframe. The
related indexes appear to be trending
up. (this is not a recommendation).

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