Mad Money / Jim Cramer Daily Recap 6/17/09

June 17th, 2009 / 10:19 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 Wednsday’s show Cramer recommend WellPoint (WLP) as a stock that’s benefiting from Obama’s plans for healthcare reform. Cramer said the stock is trading at just eight times next year’s earnings, but warned that those multiple won’t last for long. Cramer predicted Wellpoint could soar to $100 a share.

Bullish
99 Cents Only Stores (NDN) (mentioned on Stop Trading!)
Apple (AAPL) (Mad Mail)
Bank of America (BAC) (mentioned on Stop Trading!)
Celgene (CELG) (mentioned on Stop Trading!)
Emerson Electric (EMR) (Lightning Round)
Family Dollar (FDO) (mentioned on Stop Trading!)
Frontline (FRO) (Lightning Round)
Genzyme (GENZ) (mentioned on Stop Trading!)
Home Depot (HD) (Lightning Round)
Huntington Bancshares (HBAN) (Lightning Round)
McDonald’s (MCD) (Mad Mail)
Nordic American Tanker (NAT) (Lightning Round)
Pepsico (PEP) (discussed on Mad Money)
Wal-Mart (WMT) (discussed on Mad Money)
Wellpoint (WLP) (featured on Mad Money)

Bearish
Agrium (AGU) (discussed on Mad Money)
Amdocs (DOX) (Mad Mail)
Dryships (DRYS) (Lightning Round)
Herbalife (HLF) (Lightning Round)
Lowes (LOW) (Lightning Round)
Monsanto (MON) (discussed on Mad Money)
Potash (POT) (discussed on Mad Money)
Rosetta Stone (RST) (Lightning Round)
Wendy’s International (WEN) (Mad Mail)
WESCO International (WCC) (Lightning Round)
World Wrestling Entertainment (WWE) (Lightning Round)
Zions Bancorp (ZION) (Lightning Round)