Cramer's Take on Headline Stocks
The long-awaited stress test results were released on Thursday after the market close with the confirmation that 19 of the biggest banks in the U.S. will have to raise $75 million to counter up to $600 billion of estimated losses.
Bank of America
(BAC) - Get Report
will need to raise the most cash, at $33.9 billion.
Wells Fargo
(WFC) - Get Report
needs to raise $13.7 billion,
General Motors
(GM) - Get Report
needs $11.5 billion, and
Citigroup
(C) - Get Report
needs $5.5 billion.
On Friday, Wells Fargo
offered $7.5 billion worth of stock
on Friday, and
Morgan Stanley's
(MS) - Get Report
.
Stocks were
following banks' lead up
on Friday, with the three major indices in the green at midday.
With this in mind, we thought we'd take a look at some of the stocks making headlines today and see what Jim Cramer's had to say about them lately.
To read more,
.
Stockpickr is a wholly owned subsidiary of TheStreet.com.
