Cramer's Take on Headline Stocks: May 18
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Date updated:05-18-2009

Bank of America (BAC), Lowe's (LOW) and other stocks led the stock market higher on Monday, with all three major indices in the green in midday trading.

Bank of America was up after a Goldman Sachs analyst upgraded it to buy with a $15 price target.

Lowe's reported earnings of $476 million, or 32 cents a share, for the first quarter, beating expectations.

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

symbol name last price % change open
  • +
  • CVX
    Chevron Corp
  • $76.77
  • -0.74%
  • $76.85

"The last-minute rally actually took me by surprise given the breakdowns in Chevron (CVX), Bank of America (BAC) and Cisco (CSCO), the latter really pulling back pretty horrifically." ("A Day Adrift," 5-15-09)

People owning CVX also tend to own: ADMAIZALLCBCNICOPCSC

TheStreet.com Rating: B- What is this?

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

"The last-minute rally actually took me by surprise given the breakdowns in Chevron (CVX), Bank of America (BAC) and Cisco (CSCO), the latter really pulling back pretty horrifically." ("A Day Adrift," 5-15-09)

People owning BAC also tend to own: AAADPAVPBRK-BBUDCSCOCX

TheStreet.com Rating: C- What is this?

  • +
  • CSCO
    Cisco Systems
  • $23.46
  • -0.93%
  • $23.49

"The last-minute rally actually took me by surprise given the breakdowns in Chevron (CVX), Bank of America (BAC) and Cisco (CSCO), the latter really pulling back pretty horrifically." ("A Day Adrift," 5-15-09)

People owning CSCO also tend to own: AAPLAMDDELLGOOGIBMINTCMSFT

TheStreet.com Rating: B- What is this?

  • +
  • F
    Ford Motor Co
  • $8.64
  • -1.03%
  • $8.63

"Of the recent offerings, only Ford (F) really showed itself as a champ." ("A Day Adrift," 5-15-09)

People owning F also tend to own: AEPAMPAOCCAGCSXEIXGNW

TheStreet.com Rating: C- What is this?

  • +
  • LOW
    Lowes Companies
  • $21.35
  • -0.65%
  • $21.39

"Let's wait until we see the whites of the eyes of Lowes (LOW) and Home Depot (HD) -- Monday and Tuesday's business -- to get our direction. Either is far more important to the future of this market than anything I saw today." ("A Day Adrift," 5-15-09)

People owning LOW also tend to own: CCATDEFNMFREGEKO

TheStreet.com Rating: C+ What is this?

  • +
  • HD
    Home Depot Inc
  • $27.18
  • +0.26%
  • $26.98

"Let's wait until we see the whites of the eyes of Lowes (LOW) and Home Depot (HD) -- Monday and Tuesday's business -- to get our direction. Either is far more important to the future of this market than anything I saw today." ("A Day Adrift," 5-15-09)

People owning HD also tend to own: CCLXCVSGOOGGSJNJLLY

TheStreet.com Rating: C What is this?

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

With that in mind, Cramer said he wasn't going to formulate a view on retail based on JC Penney's (JCP) earnings report today. "I look at something like what JC Penney says, and I can't make that determination," he said. ("Stop Trading!," 5-15-09)

People owning JCP also tend to own: AAPLADBEBBYCMCSAGOOGMDTORCL

TheStreet.com Rating: C What is this?

  • +
  • SLB
    Schlumberger Ltd
  • $63.34
  • -1.86%
  • $64.22

Cramer said that the two greatest tells for gasoline have been Transocean (RIG) and Schlumberger (SLB). To make a forecast for gasoline, he said, he'd start by asking: "Where's Transocean going?" "Transocean has peaked out here, and that may mean that gasoline has stopped," he said. ("Stop Trading!," 5-15-09)

People owning SLB also tend to own: ACIAINVANRAPCBBDBTUCHK

TheStreet.com Rating: B- What is this?

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Portfolio not tracked!

05/27/2009 04:16 AM CDT Asked by kellogg9
I've held onto CSCO stock all the way back to the dot com boom days. It's a fav of mine and continues to perform

Kelly
http://www.stockcoupons.com/

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