Cramer's Stop Trading! Bank of America Is Tremendously Resilient (5/18/09)

Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Monday May 18.

Lowe's (LOW), Sherwin Williams (SHW), Scotts Miracle Grow (SMG), Masco (MAS), Anadarko Petroleum (APA), Bank of America (BAC) Bucyrus International (BUCY)

The Dow's 218 point rise on Monday was partially due to Lowe's successful earnings call. Cramer would buy Sherwin Williams and Scott's Miracle Grow because Lowe's indicated painting and gardening are strong. While he likes Masco, Cramer couldn't recommend the stock because indoor cabinetry is weak right now. Goldman Sach's upgrade of Bank of America was another bright spot; this "tremendously resilient" bank saw a 10% pop.

Cramer says natural gas is growing beyond any reason for buying it. While Anadarko has dipped blow its secondary offering price, Cramer thinks if it reaches that level again, it may have a $3 to $4 upside.

Bucyrus is a buy on new leadership in India and the possible end of the bureaucracy that has been hindering the coal mining machinery business; if the bureaucracy ends "this would be the stock to buy."

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Comments

[dok tari:]

BAC will become the uber dog in Financial markets over the next year. Citigroup still has yet to dig to the bottom of its cesspool.

May 19 11:06 AM

[twitee:]

The chief thief Goldman promoting the BAC (member of the mobster FED) how convenient!!!!

Low's report should not be the answer to the housing market recovery or the bottom, the mobsters trying to orchestrate a new Market rally with any false news.

May 19 01:15 PM

[hidflect:]

"Cramer would buy ... because Lowe's indicated painting and gardening are strong."

Is this a joke? If anybody is listening to this sort of disorientated advice their delusional and their gonna get fleeced. This is Eddie Murphy "Trading Places" logic. If you can't see what I'm talking about, get out of stocks altogether... shameful.

May 22 02:29 AM

[Michael Waz...:]

Its all the same buncha crooks... Allowed to dress up their "earnings" for now by this obscene government intervention.

May 22 05:56 PM