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. ...
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