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Cramer's Take on Headline Stocks

Making a headline splash into Friday was the SEC's Thursday announcement that it's charged former Countrywide Financial CEO Angelo Mozilo with insider trading . He and two other former company execs are also facing civil fraud charges.

In other CEO news, Apple (AAPL - Get Report) head Steve Jobs reportedly could make his comeback at the company this month after being on medical leave since January.

Chinalco's (ACH) deal to invest $19.5 billion in Rio Tinto (RTP) is off the table. Instead, Rio Tinto will raise $15.2 billion through a share sale and a collaboration with BHP Billiton (BHP).

Chipotle (CMG) and Wind River (WIND) both received analyst downgrades today. Oppenheimer knocked Chipotle to underperform, and JPMorgan moved Wind River from overweight to neutral. Nike (NKE - Get Report) received an upgrade from Baird to outperform based on a projected sales increase due to a weaker dollar.

With this in mind, we thought we'd take a look at what Jim Cramer's had to say recently about some of the stocks in the news today.

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AAPL $118.03 -0.71%
BHP $27.53 -4.34%
COST $162.39 0.12%
INTC $34.45 0.26%
NKE $134.13 1.22%


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

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