Cramer's Banker Stocks: Jim has been a fan of this group for quite some time. He revisited them this past week and reminded us of what we should do when we see a big deal happen. He said you should first congratulate yourself on being long or not being short the target and then you should buy the stocks of the big investment banks because it means the quarters will be huge. Cramer believes the banks are the winners in this environment and that they are very logical plays. Cramer's Banker Stocks include Goldman (GS Quote) and Bear Strearns (BSC Quote).
Cramer's Service Stock Plays: "Hoax! That's how I feel about these ethanol plays. They are all deadly..." exclaimed Cramer earlier this week. He was disturbed that "the so-called best one, VeraSun (VSE Quote), just blew it on earnings. He thinks it is time for investors to realize "that only the new 'oil service' companies are going to be the plays that make money." His Service Stocks are buyable on the pullback in VeraSun because they are levered to farm spending, which will be up huge thanks to the profits the farmers will have because of the high price of the commodities. His picks include Monsanto (MON Quote) and Deere & Company (DE Quote). Cramer's Go-To Stocks: Cramer believes you can always "spot the resilient stocks on days like this (cool day), the stocks that some would say are propped up. I would say they just have very, very strong buy-side flow. I love resilience as a measure of a stock. If it can buck the power of the futures, it can run up when the futures switch direction." Cramer asked us, "Which stocks have traditionally bucked the futures?" He then answered for us and gave us his Go-To Stocks, which include Qualcomm (QCOM Quote) and Cigna (CI Quote). Cramer's Eight Fed-Resistant Stocks: It came as no surprise that Jim was all over the Fed meeting. On the day of the meeting, Cramer mentioned that "they can't get enough stock in. No matter what. They can't seem to find the sellers. Where are these shortages?" He then gave us his Eight Fed-Resistant Stocks. Cramer said that if the Fed meeting is bullish, these stocks, every one of them, should really take off. And if it is viewed as bearish, even momentarily, you just got your shopping list. His picks include Amazon (AMZN Quote) and Crocs (CROX Quote). Lightning Round: Cramer was full speed ahead last night with his latest Lightning Round. He was bullish on several stocks, such as Crocs and Chipotle Mexican Grill (CMG Quote), but also bearish on the likes of CKE Restaurants (CKR Quote) and Metabolix (MBLX Quote).- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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