By Stockpickr Staff
Posted at 11:29 a.m. EDT on June 15, 2009

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The three-month rally in the price of oil stalled on Monday , lately down below $69, after Russia's finance minister said that the U.S. dollar was in "good shape." Oil stocks also slid. Chevron (CVX) was down 2.2% to $71.06, BP (BP) was down 3.7% at $49.32, and ConocoPhillips (COP) was down 3.8% at $42.67.

United Technologies' (UTX) forecast for full-year 2009, which it reaffirmed today, is above analyst expectations. The company's guidance is for EPS of $4 to $4.50 a share on $55 billion in revenue, compared with the Street's view of $4.09 a share on revenue of $54.13 billion.

Lincoln Capital (LNC) will raise more than $2 billion in new capital, the company announced today.

With this in mind, we thought we'd see what Jim Cramer's had to say lately about stocks in the news.

These stocks could be in the news for a number of reasons. Some require immediate attention; others may not. Regardless, it never hurts to hear what Cramer (or any professional investors) has to say about them. The key is to gather as much information as you can in order to make the most informed investment decisions you can.

In a recent post to his RealMoney blog, Cramer wrote:

"Chevron (CVX) and Ultra Pete (UPL) have turned up, and can the others be that far behind? I find these two stocks, one oil, one gas, have been good barometers of the group. They aren't as good as Schlumberger (SLB) or Occidental (OXY) -- both down badly -- but it does say the group may not be down for the count.

"The fact that they turned up, even with the results of the Iranian election showing that the so-called western choice won, shows you the power of this move.

"It is obviously not oil's day, but it sure isn't a collapse in crude or the group. Plus, natural gas is building a base at $3.80, and that seems to be the long-awaited floor.

"I thought it was important last night when Charles Bunch, the CEO of PPG (PPG), told me that this is a terrific level to lock in natural gas prices. As a company that has natural gas as its largest cost, that's significant.

"We've had a huge move in crude and a stabilization in natural gas but still no number bumps to speak of in oil and no recognition by the analysts that natural gas has bottomed.
To me that's a testament -- verified by the better action in the most aggressive drilling players in oil and natural gas respectively -- that every time someone wants to write off this group, it just snaps right back. And I think will continue to do so. At the time of publication, Cramer was long CVX.

"Random musings: The best-run commercial mall company is on fire today: Federal Realty (FRT). It has been depressed as people have been fearful of a stock offering. I don't know if one is coming, but I know that this one's cheap and in good shape."

For more of Cramer's take on stocks in the news, check out the Cramer's Take portfolio.

(Editor's note: At the time of publication and/or original publication of his posts and shows, Cramer owned BP, Conoco and Chevron for his Action Alerts PLUS charitable trust.)

Who's on Stockpickr Answers? Scott Rothbort will be on Stockpickr Answers on Monday, June 15, to respond to investing and trading questions posed by members of the Stockpickr community. Not a member? Join the Stockpickr community today -- free.