Cramer's 'Mad Money' Follow-Up: Obama Winners

Stock quotes in this article: BAC , HD , AAPL , HPQ , AXP , DD , JPM  

On Monday's "Mad Money" show, Jim Cramer said that if you look at the stocks, it's clear that the economy's been healing since Obama took office.

Big Obama gainers include the financials. JPMorgan(JPM Quote), up 82% during Obama's presidency at the time of Cramer's show, closed up a penny to $32.79 today. Bank of America(BAC Quote), up 75% since Obama took office, lost 77 cents, or 8.6%, today to close at $8.15. And American Express(AXP Quote), up 55% during Obama's presidency, closed down 8 cents to $24.15 on Tuesday.

Housing stocks DuPont(DD Quote) and Home Depot(HD Quote) are evidence that housing should recover by mid-summer, said Cramer. DuPont closed up a penny at $27.51 on Tuesday, and Home Depot closed up 19 cents at $26.07.

A New York Times article said that Action Alerts PLUS stock Hewlett-Packard(HPQ Quote) lacked innovation and the ability to keep up with leading tech stocks, such as Apple(AAPL Quote). Cramer, though, said that innovation wasn't as important as Hewlett-Packard's operations-focused approach.

Hewlett-Packard closed on Tuesday down 3 cents at $35.42, while Apple lost 83 cents to $123.90.

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At the time of publication, Cramer was long Hewlett-Packard and JPMorgan.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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