Mad Money / Jim Cramer Daily Recap 2/3/09

February 3rd, 2009 / 10:33 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 Tuesday’s show Cramer said that investors can’t rely on traditional banks anymore, and recommended stocks with real cash like Schering-Plough (SGP), Merck (MRK), Medco Health Solutions (MHS), Exxon Mobil (XOM), Verizon (VZ), Salesforce.com (CRM), McDonald’s (MCD), General Mills (GIS), Bristol-Myers Squibb (BMY) and Goldman Sachs (GS).

Buy
Bristol-Myers Squibb (BMY) (discussed on Mad Money)
Celgene (CELG) (Lightning Round)
Colgate-Palmolive (CL) (featured on Mad Money)
Exxon Mobil (XOM) (discussed on Mad Money)
Freeport-McMoRan (FCX) (featured on Mad Money)
General Mills (GIS) (discussed on Mad Money)
Kinder Morgan (KMP) (Lightning Round)
McDonald’s (MCD) (discussed on Mad Money)
Medco Health (MHS) (discussed on Mad Money)
Merck (MRK) (discussed on Mad Money)
Salesforce.com (CRM) (discussed on Mad Money)
Schering-Plough (SGP) (discussed on Mad Money)
Verizon (VZ) (discussed on Mad Money)
Walt Disney (DIS) (Lightning Round)

Sell
Atlas Energy Resources (ATN) (Lightning Round)
BB&T Corp (BBT) (Lightning Round)
CIT Group (CIT) (Caller’s Stock)
Citigroup (C) (discussed on Mad Money)
Discover Financial Services (DFS) (Lightning Round)
Force Protection (FRPT) (Lightning Round)
Fortune Brands (FO) (Mad Mail)
Goldman Sachs (GS) (discussed on Mad Money)
Macy’s (M) (Mad Mail)
National Oilwell Varco (NOV) (Lightning Round)
Palm (PALM) (Lightning Round)
Pfizer (PFE) (Lightning Round)
PNC (PNC) (mentioned on Stop Trading!)
PNC Financial Services (PNC) (discussed on Mad Money)
Rambus (RMBS) (Lightning Round)
SunTrust (STI) (mentioned on Stop Trading!)
SunTrust Banks (STI) (discussed on Mad Money)
Textron (TXT) (featured on Mad Money)
Transocean (RIG) (Lightning Round)
Vimpel Communications (VIP) (Lightning Round)