Traders-Blog.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 Cramer noted that the mortgage markets are stabilizing after the government bought the debt of Fannie Mae (FNM) and Freddie Mac (FRE) and the Federal Reserve started buying mortgages from struggling companies. With over $4 trillion in loan guarantees in place, Cramer said the federal government is a positive force in the markets, so today’s selloff was not the same as previous ones, and profit taking is to be expected after the huge rally last week.

Buy
Aecom Technology (ACM) (discussed on Mad Money)
Anadarko Petroleum (APC) (Lightning Round)
Caterpillar (CAT) (discussed on Mad Money)
Foster Wheeler (FWLT) (CEO interview on Mad Money)
Genzyme (GENZ) (Lightning Round)
Goldman Sachs (GS) (Lightning Round)
Herbalife (HLF) (Mad Mail)
J. Crew (JCG) (mentioned on Stop Trading!)
KBR Inc (KBR) (Caller’s Stock)
Martin Marietta Materials (MLM) (discussed on Mad Money)
United States Steel (X) (Lightning Round)
Verizon (VZ) (Caller’s Stock)
Vulcan Materials (VMC) (discussed on Mad Money)

Sell
Chesapeake Energy (CHK) (Lightning Round)
Chicago Bridge & Iron (CBI) (discussed on Mad Money)
Emergent BioSolutions (EBS) (Lightning Round)
Oshkosh Truck (OSK) (Lightning Round)
Shaw Group (SGR) (discussed on Mad Money)