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 Wednesday’s Mad Money, Cramer said that we need to throw everything we can at the financial crisis. Cramer said he knows that it might be difficult to think about stocks at a time when people are worried about losing their jobs or their home, but he feels the market now represents a great value for the long term. He recommended staying defensive with consumer stocks and high dividend stocks and to look for bargains in the rubble.
Cramer said that KBR (KBR) is criminally undervalued and that he’s “never seen a company so cheap in my life.”
Buy
Clean Energy Fuels (CLNE) (Caller’s Stock)
Coca-Cola (KO) (discussed on Mad Money)
General Electric (GE) (mentioned on Stop Trading!)
KBR Inc (KBR) (featured on Mad Money)
Perini Corp (PCR) (Caller’s Stock)
Procter & Gamble (PG) (discussed on Mad Money)
Sell
Arch Coal (ACI) (Lightning Round)
Fluor (FLR) (Caller’s Stock)
Honeywell (HON) (Lightning Round)
Jefferies Group (JEF) (Lightning Round)
Shaw Group (SGR) (Caller’s Stock)
Signet Jewelers Limited (SIG) (Lightning Round)
United States Steel (X) (Lightning Round)
Yamana Gold (AUY) (Lightning Round)