Mad Money / Jim Cramer Daily Recap 6/26/09

June 26th, 2009 / 10:14 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 Friday Cramer made some predictions for the next six months. Cramer was bullish on the smartphone market, saying that Apple (AAPL) and the component makers will prosper. Cramer also said the turn in the housing market is happening now, creating more profits for banks like Wells Fargo (WFC). He also recommended homebuilder NVR (NVR) as a housing beneficiary. Cramer said the trucking industry is at record lows, and companies like Paccar (PCAR) should benefit in the second half.

Bullish
Advanced Micro Devices (AMD) (Lightning Round)
Allscripts-Misys (MDRX) (CEO interview on Mad Money)
Apple (AAPL) (discussed on Mad Money)
AstraZeneca (AZN) (Lightning Round)
Continental Resources (CLR) (featured on Mad Money)
First Solar (FSLR) (Lightning Round)
Jabil Circuit (JBL) (Lightning Round)
NVR Inc (NVR) (discussed on Mad Money)
Occidental Petroleum (OXY) (Lightning Round)
Paccar (PCAR) (discussed on Mad Money)
Wells Fargo (WFC) (discussed on Mad Money)

Bearish
MGM Mirage (MGM) (Lightning Round)
Rambus (RMBS) (Lightning Round)
Wyeth (WYE) (Lightning Round)