Mad Money / Jim Cramer Daily Recap 9/3/08

September 3rd, 2008 / 9:12 pm / by OnlineTradersForum.com

OnlineTradersForum.com - traders and investors sharing ideasPlease 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 Wednesday Cramer recommended BB&T (BBT), a strong, conservative, Southern bank with a 6.36% yield. He said it will reap the rewards of the FDIC’s new strategy for dealing with failing banks, allowing strong banks like BB&T to pick up great assets from failing entities.

Bullish
Agnico-Eagle Mines (AEM) (Lightning Round)
BB&T Corp (BBT) (featured on Mad Money)
Celgene (CELG) (Mad Mail)
CSX Corp (CSX) (Mad Mail)
Frontline (FRO) (Lightning Round)
International Business Machines (IBM) (Mad Mail)
Jones Apparel (JNY) (mentioned on Stop Trading!)
Kohl’s (KSS) (mentioned on Stop Trading!)
Macy’s (M) (mentioned on Stop Trading!)
Molson Coors (TAP) (Lightning Round)
Philadelphia Housing Sector Index (HGX) (”buy calls”) (mentioned on Stop Trading!)
Red Hat (RHT) (Lightning Round)
Research In Motion (RIMM) (Lightning Round)
Schlumberger (SLB) (mentioned on Stop Trading!)
Sociedad Quimica (SQM) (Lightning Round)
VF Corp. (VFC) (mentioned on Stop Trading!)

Bearish
ADC Telecommunications (ADCT) (Lightning Round)
Bucyrus International (BUCY) (discussed on Mad Money)
CVS Caremark (CVS) (Lightning Round)
Eagle Bulk Shipping (EGLE) (Lightning Round)
eBay (EBAY) (Lightning Round)
Genentech (DNA) (Sudden Death)
Joy Global (JOYG) (CEO interview on Mad Money)
MGM Mirage (MGM) (Lightning Round)
Norfolk Southern (NSC) (Mad Mail)
Salesforce.com (CRM) (Sudden Death)
Schering-Plough (SGP) (Mad Mail)
Steel Dynamics (STLD) (Sudden Death)
Yamana Gold (AUY) (Lightning Round)