Mad Money / Jim Cramer Daily Recap 6/16/09

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Coming 14 days ahead of his original prediction, on Tuesday’s show Cramer said “I’m calling a housing bottom tonight.” Cramer said that home prices will not be rising just yet, but they also will not be falling any longer.

Bullish
Adobe (ADBE) (mentioned on Stop Trading!)
Anadarko (APC) (mentioned on Stop Trading!)
Bristol-Myers Squibb (BMY) (Lightning Round)
Chesapeake (CHK) (mentioned on Stop Trading!)
CIENA Corp (CIEN) (Lightning Round)
Cisco Systems (CSCO) (Lightning Round)
Compellent Technologies (CML) (featured on Mad Money)
Intuit (INTU) (mentioned on Stop Trading!)
Johnson Controls (JCI) (Lightning Round)
Salesforce.com (CRM) (CEO interview on Mad Money)
Schweitzer-Mauduit (SWM) (featured on Mad Money)
Southwestern (SWN) (mentioned on Stop Trading!)

Bearish
Domtar Corporation (UFS) (Lightning Round)
Duke Energy (DUK) (Lightning Round)
Gamestop (GME) (Lightning Round)
QLogic (QLGC) (Mad Mail)
Retail HOLDRs (RTH) (mentioned on Stop Trading!)
Sepracor (SEPR) (featured on Mad Money)
Taiwan Semiconductor (TSM) (Lightning Round)
Target (TGT) (featured on Mad Money)
Wal-Mart (WMT) (featured on Mad Money)

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