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) was down 2.2% to $71.06,
BP(BP) was down 3.7% at $49.32, and
ConocoPhillips(COP) was down 3.8% at $42.67.
United Technologies'(UTX) 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) 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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