Cramer's Take on Headline Stocks: Nov. 2
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Date updated:11-02-2009

Here's what Jim Cramer's had to say lately about stocks in the news. Read the full article here.

symbol name last price % change open
  • +
  • CIT
    Cit
  • $0.00
  • N/A
  • $N/A

In an Oct. 26 post to his RealMoney blog, Cramer said that the "now dangerous" situation in Synovus (SNV) is a "reminder of the precarious nature of the regional banks" and that Synovus "is beginning to look like CIT." "We can handle one CIT," he said. "We can't handle another." Read the full article here.

People owning CIT also tend to own: ANATBGBTUCNHCPOETREXH

TheStreet.com Rating: No Rating What is this?

  • +
  • HUM
    Humana Inc
  • $41.86
  • +0.92%
  • $41.37

On Oct. 26 on "Stop Trading!", Cramer said he saw little risk in shorting stocks in the current market environment, even stocks such as Humana, WellPoint (WLP) and UnitedHealth (UNH). He said these stocks should be fine in the long term, but in the short term, they're likely to be shorted by people overreacting to talk of a public option. Read the full article here.

People owning HUM also tend to own: AAPLACIAMZNBNICBICMGCNI

TheStreet.com Rating: C+ What is this?

  • +
  • WMT
    Wal Mart Stores
  • $54.85
  • +0.31%
  • $54.76

In his Oct. 26 "Stop Trading!" segment, Cramer said that Amazon (AMZN) has beat out Wal-Mart to become the "lowest-cost producer on the Web." Wal-Mart can't dominate the Internet, he said, because it doesn't "have fulfillment down like Amazon does." "If Wal-Mart can't be low-cost, why go there?" he asked. Read the full article here.

People owning WMT also tend to own: AIGALLBACCCATCBSCOP

TheStreet.com Rating: B What is this?

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

On Oct. 27 in a post to his RealMoney blog, Cramer wrote that the bears "are determined to blunt even the most aggressive mark-ups here, and I think they have enough ammo to take down tech and the banks." He said that the "weakest former leaders," such as Bank of America, Wells Fargo (WFC) and Goldman Sachs (GS), "seem to have no fight in them." That evening on the "Lightning Round," Cramer said he thought Bank of America was a buy at current levels. And in an Oct. 29 blog post, he wrote: "The heaviest short positions I know right now are in Bank of America and Wells Fargo, betting that these two will be ordered to do secondaries by the government and that they are so heavy anyway." Read the full article here.

People owning BAC also tend to own: AAADPAVPBRK-BBUDCSCOCX

TheStreet.com Rating: C- What is this?

  • +
  • MSFT
    Microsoft Corpora
  • $29.91
  • -0.10%
  • $29.94

Microsoft has made a deal with OpenX Technologies to increase its online advertising business. Read the full article here. In an Oct. 26 blog post, Cramer wrote that big names in tech such as Microsoft, Apple (AAPL), Google (GOOG) and Amazon "are making moves that have us thinking about tech in a positive way and make us recognize the power of the Web renewed." Later that day, Cramer wrote that it was "now a short-seller's paradise for the moment" and that in tech, Broadcom (BRCM) was "trumping everything including Microsoft, and that is part of the misery here today."

People owning MSFT also tend to own: AAPLAMDCSCODELLGOOGIBMINTC

TheStreet.com Rating: B What is this?

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