Mad Money / Jim Cramer Daily Recap 8/25/08
August 25th, 2008 / 10:48 pm / by OnlineTradersForum.com
Please do your own research, and verify all information before acting on it. This summary of Cramer’s picks is not intended to replace watching the shows, where his comments about the stocks often include advice about entry and exit points.
On Monday’s show Cramer said that that the market will finally bottom only when housing stabilizes. This requires lower interest rates, lower home inventory and higher home sales, which can’t happen while there is speculation on the fate of Fannie Mae (FNN) and Freddie Mac (FRE).
Bullish
Allscripts Healthcare (MDRX) (CEO interview on Mad Money)
Church & Dwight (CHD) (Lightning Round)
Cisco Systems (CSCO) (Lightning Round)
Clean Energy Fuels (CLNE) (featured on Mad Money)
Dicks Sporting Goods (DKS) (Lightning Round)
First Solar (FSLR) (Caller’s Stock)
Fuel Systems Solutions (FSYS) (discussed on Mad Money)
Linn Energy (LINE) (Caller’s Stock)
Sovereign Bancorp (SOV) (mentioned on Stop Trading)
Sunpower (SPWR) (Caller’s Stock)
Windstream (WIN) (Sudden Death)
Bearish
Alcon Inc (ACL) (Lightning Round)
Allegheny Technologies (ATI) (Lightning Round)
Banco Santander-Chile (SAN) (Sudden Death)
Fannie Mae (FNM) (discussed on Mad Money)
Fannie Mae (FNM) (mentioned on Stop Trading)
Freddie Mac (FRE) (discussed on Mad Money)
Freddie Mac (FRE) (mentioned on Stop Trading)
Lehman Brothers (LEH) (mentioned on Stop Trading)
Nordson (NDSN) (mentioned on Stop Trading)
Nordson Corp (NDSN) (featured on Mad Money)
Vodafone Group (VOD) (Sudden Death)