Stockpickr
Cramer's Take on Headline Stocks
Stockpickr Staff
06/15/09 - 11:33 AM EDT
The three-month rally in the price of oil stalled on Monday , lately down to $69.46, after Russia's finance minister said that the U.S. dollar was in "good shape." Oil stocks also slid. Chevron(CVX Quote) was down 2.2% to $71.06, BP(BP Quote) was down 3.7% at $49.32, and ConocoPhillips(COP Quote) was down 3.8% at $42.67.
United Technologies'(UTX Quote) forecast for full-year 2009, which it reaffirmed today, is above analyst expectations. The company's guidance is for EPS of $4 to $4.50 a share on $55 billion in revenue, compared with the Street's view of $4.09 a share on revenue of $54.13 billion.
Lincoln Capital(LNC Quote) will raise more than $2 billion in new capital, the company announced today.
With this in mind, we thought we'd see what Jim Cramer's had to say lately about stocks in the news.
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