Cramer's Take on Headline Stocks: March 23

Here's what Jim Cramer's had to say lately about stocks in the news.

By Stockpickr Staff , Mar 23, 2010 3:56 PM EDT

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NEW YORK (

) -- Regardless of why a stock is in the news, it never hurts to hear what a professional investor has to say about it. The key is to gather as much information as you can in order to make the most informed investment decisions you can. As Jim Cramer (read an excerpt from his

new book here

) often reminds, investors must do their homework.

So what has Cramer had to say lately about today's headline-makers? At Stockpickr, we've combed through his recent

RealMoney

blog posts, "Mad Money" TV show recaps and "Stop Trading!" segments to find out

what he thinks about some of today's newsworthy stocks

Fannie Mae

(FNM)

: Fannie Mae and

Freddie Mac

(FRE)

got a boost

Tuesday from Treasury Secretary Timothy Geithner's appearance before the House Financial Services Committee. Geithner attributed the failure of Fannie and Freddie to a "broader crisis that revealed structural flaws in the entire housing finance system."

On March 17 in his

RealMoney

blog,

Cramer wrote

that the only banks worse than the community banks were

Washington Mutual

, Fannie Mae and Freddie Mac. "WaMu was just awful. Fannie and Freddie were blessed by Congress, just like the community banks," he said.

On his March 16

"Mad Money" show

, Cramer said that shares of Fannie and Freddie are currently worthless, unlike the don't-miss opportunities in stocks such

Citigroup

at $4 a share.

General Electric

(GE) - Get Report

: General Electric hit a new

52-week high

on Tuesday as

industrial stocks rallied

On March 15, in a post to his

RealMoney

blog,

Cramer wrote

"The stock market is saying, "We will take the data in front of us." It is an impressive array of data: commercial real estate improving (no new construction), credit losses coming down -- look at

Capital One's

(COF) - Get Report

data on credit cards just this very morning -- auto production ramping and aerospace going to come on strong.


Stockpickr: Who Owns GE? Warren Buffett Bruce Kovner Dodge & Cox

"These kinds of good news mean a return to growth for the

Boeings

(BA) - Get Report

and the General Electrics and the Citigroups as well as tech players like

Cisco

(CSCO) - Get Report

EMC

(EMC)

Oracle

(ORCL) - Get Report

and

Microsoft

(MSFT) - Get Report

with corporate spending allowed to pick up. In this scenario, people must be working off the books like crazy and the headwinds to the economy from Washington might be invisible."

Corning

(GLW) - Get Report

: One of today's headlines, "

Corning Is Lightning Up New Markets,

" featured an interview with Senior Vice President Marty Curran.

In a March 10 post to his

RealMoney

blog,

Cramer wrote

"The

Best Buy

(BBY) - Get Report

upgrade's a big call from Goldman. And don't I know it. I pushed it ahead of last quarter and I got clobbered by the outlook, even as the number was good.

"This time, I think BBY has a lot to say. I make that judgment, because I look at Corning flying, and I hear lots of good things about 3D TV. Also I have to believe that home theatre might be coming back to life. You also feel emboldened after that number from

Gamestop

(GME) - Get Report

And on March 18,

Cramer wrote

: "I think we are now in a moment where, as I said yesterday, we need a down day. I wish we weren't going into this weekend with such a full head of steam. It is true that the Philly Fed,

Nike

(NKE) - Get Report

and

FedEx

(FDX) - Get Report

comments were all terrific, verifying, once again, that this economy is strong and getting stronger. I thought the same when I saw the excellent

Dupont

(DD) - Get Report

presentation on the web. I like the sold-out talk I am hearing about

Intel's

(INTC) - Get Report

products, as well as the Corning product tightness.".