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Cramer's TheStreet.com TV Recap: Buyback Boost

Stock quotes in this article: XOM , CVX , COP  

This is a recap of Jim Cramer's market update video on TheStreet.com TV, filmed Tuesday morning.

Buybacks were on deck for Jim Cramer's TheStreet.com's TV video Tuesday.

"I thought it would never happen," Cramer said on "Buyback Surprise." "I thought no buyback would ever do what I see happening right now."

Companies such as General Electric (GE Quote) and Coca-Cola (KO Quote) that buy back repeatedly -- "textbook buybacks" -- as Cramer calls them, have not successfully moved their stocks through the practice. ...

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