Mad Money / Jim Cramer Daily Recap 4/2/09
April 2nd, 2009 / 10:23 pm / by OnlineTradersForum.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 Thursday Cramer said that the depression is over, “but the recession ins still here to stay.” Cramer explained that the definition of a bull market is a 20% or greater move off the bottom, and after today’s 216-point rally, “we’re in the land of a thousand bull dances.” Cramer said, on any pullback, it’s “buy, buy, buy.”
Buy
Apple (AAPL) (mentioned on Stop Trading!)
Celgene (CELG) (featured on Mad Money)
Chicago Bridge & Iron (CBI) (Lightning Round)
Cummins (CMI) (Lightning Round)
IBM (IBM) (mentioned on Stop Trading!)
Kinder Morgan (KMP) (Lightning Round)
Nordic American Tanker (NAT) (Lightning Round)
Qualcomm (QCOM) (mentioned on Stop Trading!)
Yahoo! (YHOO) (Lightning Round)
Sell
Dryships (DRYS) (Lightning Round)
Hartford Financial Services (HIG) (Lightning Round)
International Game Technology (IGT) (discussed on Mad Money)
Las Vegas Sands (LVS) (discussed on Mad Money)
Linn Energy (LINE) (Lightning Round)
MGM Mirage (MGM) (discussed on Mad Money)
Plum Creek Timber (PCL) (Lightning Round)
United States Oil (USO) (featured on Mad Money)
Wynn Resorts (WYNN) (discussed on Mad Money)