Cramer's Take on Headline Stocks
Making Friday's headlines were reports that repayment of TARP funds might start on Wednesday for some banks, including JPMorgan (JPM) - Get Report, Morgan Stanley (MS) - Get Report and American Express (AXP) - Get Report.
A
Wall Street Journal
report on that the
Fed
would likely
not significantly increase its bond-purchase programs
this month was weighing on homebuilder stocks such as
KB Homes
(KBH) - Get Report
, down 2.5% to $14.09 at midday, and
Lennar
(LEN) - Get Report
, down 2.2% to $8.02.
An
news, Goldman Sachs downgraded
AK Steel
(AKS) - Get Report
to neutral from buy with a price target of $20 and upgraded
Caterpillar
(CAT) - Get Report
to sell from conviction sell. Barclays downgraded
Nokia
(NOK) - Get Report
to equal weight from overweight, and Oppenheimer upgraded
Clorox
(CLX) - Get Report
to outperform from underperform.
With this in mind, we thought we'd take a look at some of the stocks in the news lately and see what Jim Cramer's had to stay about them.
To read more,
.
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