Cramer's Take on Headline Stocks

Here's what Jim Cramer's had to say lately about stocks in the news, including JPMorgan and Radian.
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NEW YORK (

TheStreet

) -- 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 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

.

Hudson City Bancorp

(HCBK)

: FBR

raised its price target

on Hudson City Bancorp to $16 from $15 after Hudson City management spoke confidently of the bank's growth potential. FBR has an outperform rating on the stock.

On his

Aug. 24 "Lightning Round" segment

, Cramer said Hudson City was "playing it safe" and wasn't being "aggressive enough." "It'll come back," he said, "but not as fast as some of the other banks that I like."

On Monday, Hudson City closed added 25 cents, or 1.9%, to close at $13.12.

Radian Group

(RDN) - Get Report

: Barclays

cut its estimate

for Radian's 2009 earnings per share to -$5.20, from -$6.90, following the company's second-quarter results. It maintained its underweight rating and $4 price target on the stock.

On an

Aug. 7 "Lightning Round" segment

, Cramer said that Radian was a "pure short squeeze" and told viewers they "don't want to be there."

In an

Aug. 28 post

to his

RealMoney

blog, Cramer wrote that "what has shocked me has been the

dearth

of bankruptcies." He said that "amazingly" companies such as Radian,

PMI Group

(PMI)

and

MBIA

(MBI) - Get Report

are "alive and kicking." "How could these guys

not

have gone belly-up?" he asked.

On Monday, Radian slid 23 cents, or 2.5%, to close at $9.17.

JPMorgan

(JPM) - Get Report

: Merrill Lynch/Bank of America

raised its price target

on JPMorgan to $48 from $40 and maintained its buy rating on the stock.

On his Aug. 25

"Mad Money" show

, Cramer said that he's still bullish on banks, especially those heavy into homeownership, including JPMorgan,

Wells Fargo

(WFC) - Get Report

and

Bank of America

(BAC) - Get Report

, all three of which he owns for his

Action Alerts PLUS

charitable trust.

On Monday, JPMorgan closed up 54 cents, or 1.3%, at $43.46.

For more of what Jim Cramer's had to say about stocks in the news, check out the

Cramer's Take portfolio

at Stockpickr.

-- Written by Rebecca Corvino in New York.

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(Editor's note: At the time of publication, Cramer owned JPMorgan, Wells Fargo and Bank of America for his Action Alerts PLUS charitable trust.)