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Cramer's Take on Headline Stocks

Stock quotes in this article: JWN , AAPL , BAC , GMGMQ , CAT , HD , GE  

Updated with stock prices.

Oil was in the red on Monday, sending stocks and the three major indices lower as well. Bank of America(BAC Quote) was recently losing 65 cents, or 5.1%, to $11.99; Apple(AAPL Quote) was down $1.98, or 1.4%, at $138.04; and General Electric(GE Quote) was slipping 4 cents, or 0.3%, to $11.42.

General Motors(GMGMQ Quote) could be on its way out of bankruptcy after a federal ruling that will allow the automaker to sell assets, including the Chevrolet and Cadillac brands, to a new company, in part owned by the U.S. government.

In upgrade-downgrade news, Keybank upgraded Oshkosh(OSK Quote) to buy with $30 price target, Deutsche Bank upgraded Symantec(SYMC Quote) to buy and raised its price target on the stock to $19, Goldman upgraded Nordstrom(JWN Quote) to neutral, and Stifel Nicolaus upgraded American Express(AXP Quote) to hold. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,308.26 1,096.07 2,180.05 34.87
Oil *
73.22
DOWN
132.86
DOWN
13.11
DOWN
26.86
DOWN
1.09
10 Yr
3.49%
SPDR Gold
107.34
-1.27%
-1.18%
-1.22%
-3.03%
Data delayed 20 minutes

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