Recap of Jim Cramer’s comments on Stop Trading! Monday April 23 Click on a stock ticker for more analysis:
General Motors (NYSE:GM) and Ford (NYSE:F): Cramer is skeptical about GM comments that subprime problems were to blame for the company's lackluster performance when other sectors such as retail have reported great numbers; "I mean, we did go up 15 out of 16 days, despite the fact that we were torching our houses to get the money from Allstate." He added although Ford is a turnaround story, there is not yet tangible evidence.
Barclays' (NYSE:BCS), Fifth Third (NASDAQ:FITB), Comerica (NYSE:CMA), SunTrust (NYSE:STI), America (NYSE:BAC): On Barclay's offer for ABN Amro, Cramer would buy FITB, CMA, and STI here, but comments BAC has acquisition addiciton; "There is no 12-step program for what BAC is doing... They would have to hit bottom. They have to hit banking skid row."
AstraZeneca (NYSE:AZN) Medimmune (MEDI), Celgene (NASDAQ:CELG), Cephalon (NASDAQ:CEPH), Johnson Controls (NYSE:JCI), Cummins (NYSE:CMI): Cramer called AZN's acquisition of MEDI a "classic overpay" and may make CELG and CEPH seem undervalued. As time was running out, Cramer said, "I like coal! Johnson Controls ... Cummins $9!"
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