Mad Money / Jim Cramer Daily Recap 4/1/09

April 1st, 2009 / 11:25 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’s “Mad Money” show, Cramer told viewers that the keys to what’s driving the market higher is not stocks, but rather the credit markets, commercial paper markets and the bond markets. “Watch the credit markets, watch bonds and watch housing,” Cramer said, “That’s why we rallied.”

Buy
ArcSight (ARST) (Lightning Round)
AT&T (T) (mentioned on Stop Trading!)
Bank of New York Mellon (BK) (Lightning Round)
FirstMerit (FMER) (Lightning Round)
Honeywell (HON) (Mad Mail)
Johnson & Johnson (JNJ) (Lightning Round)
Kroger (KR) (featured on Mad Money)
Myriad Genetics (MYGN) (Lightning Round)
Oracle (ORCL) (Lightning Round)
State Street (STT) (Lightning Round)
Terra Nitrogen (TNH) (”buy more under $130″) (Lightning Round)
United Parcel Service (UPS) (Lightning Round)
US Bancorp (USB) (Lightning Round)
Verizon (VZ) (mentioned on Stop Trading!)

Sell
Garmin (GRMN) (Lightning Round)
Pfizer (PFE) (Lightning Round)
SunPower (SPWRA) (Lightning Round)
Trimble Navigation (TRMB) (”sell two points higher”) (Lightning Round)
UAL Corp (UAUA) (Lightning Round)
Whole Foods (WFMI) (featured on Mad Money)
Wyeth (WYE) (Lightning Round)