Cramer's Take on Headline Stocks 4-9-09

Description:

Stocks reversed their two-day slump on Wednesday, with the three major indices all posting gains. General Motors (GM), Bank of America (BAC) and General Electric (GE) closed in the red, but Ford (F) shot up 13.2%, and Bed Bath & Beyond (BBBY) closed up a hearty 24.3%.

Pulte (PHM) closed down 10.5% at $9.64 after announcing that it will buy Centex (CTX). The deal will create the nation's largest homebuilder, which Jim Cramer said "should have happened a year ago." Centex rose 18.9% on the news, closing up $1.44 at $9.06.

Life insurers soared on news that those that qualify will be eligible to receive TARP funds.

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

Most Viewed Portfolios

View All

Articles

5 Stocks to Buy to Be Like Buffett

05.31.12 | 07:27 AM

 BALTIMORE (Stockpickr) -- When it comes to buying like Warren Buffett, most people are getting it wrong these days. It’s not that followi...

5 Beaten-Down Stocks to Invest in Now

05.31.12 | 07:27 AM

MILLBURN, N.J. (Stockpickr) -- Since the end of the first quarter, the S&P 500 has declined nearly 7% and the Nasdaq 100 has declined nearly 8%...

More Articles
blog comments powered by Disqus
Get started with stockpickr! Get recommendations from thousands of mutual funds, hedge funds, and others. Enter your favorite stocks now!
brokerage partners
connect with Stockpickr
Fan us on FaceBook
Follow us on Twitter