Cramer's Take on Headline Stocks

Here's what Jim Cramer's had to say about stocks in the news lately.
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The three major indices were all in the green at midday on Thursday after the Department of Labor announced that last week's

initial jobless claims fell

to 601,000 from the previous week's 625,000, compared with expectations for 615,000 claims. Continuing claims increased by 59,000 to about 6.8 million.

Dell

(CEO) - Get Report

CEO Michael Dell has said he expects a

"significant-sized" acquisition

for the company, according to the

Wall Street Journal

.

Bank of America

(BAC) - Get Report

, whose

CEO, Ken Lewis, is testifying before Congress

today regarding its Merrill Lynch acquisition, was

upgraded to outperform

at Keefe Bruyette & Woods with a $16.50 price target.

Fifth Third Bancorp

(FITB) - Get Report

was also upgraded, to buy from neutral at Goldman, with a price target of $8, up from $6.50.

UnitedHealth

(UNH) - Get Report

, on the other hand, was downgraded to underperform at Oppenheimer, which decreased its price target to $24 from $32.

With this in mind, we thought we'd take a look at what Jim Cramer's had to say about some of the stocks making headlines today.

To read more,

visit Stockpickr.com

.

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