Cramer's Take on Headline Stocks: July 28

Here's what Jim Cramer's had to say lately about stocks in the news, including DuPont and Citigroup.
Author:
Publish date:

Not a Stockpickr member? Join the community today -- for free.

NEW YORK (

Stockpickr

) -- 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

.

Family Dollar

(FDO)

: Activist Investor Nelson Peltz's Trian Fund Management purchased a

6.6% stake in Family Dollar

, causing the stock to surge.

In a July 23 blog post called "

Unemployment Extension Is a Boon for Retailers

," Cramer wrote:

"My contacts in retail are indicating that June, unlike April or May, was a decent month, and that it got better as it went along. The possibility of better numbers from outfits like

Macy's

(M) - Get Report

or

Williams-Sonoma

(WSM) - Get Report

or

Kohl's

(KSS) - Get Report

should not be overlooked. Of course, we have to consider the idea of just going with

Wal-Mart

(WMT) - Get Report

and

Dollar General

(DG) - Get Report

and to a lesser extent Family Dollar as ways to play it."

Who Owns Family Dollar? John Paulson Richard Aster

DuPont

(DD) - Get Report

: Morgan Stanley increased its

target price on DuPont to $45

, as well as its estimates. Barclays upped its target as well, to $44 from $41. Both firms rate the stock equal-weight.

On his "Stop Trading!" segment yesterday, Cramer

recommended DuPont

, calling CEO Ellen Kullman "one of the best but least-heralded CEOS in America."

In a blog post yesterday called "

DuPont Can't Get the Respect It Deserves

," Cramer wrote:

"It is almost as if no one even knew that DuPont had an agriculture division, let alone the fact that the ag division kicked butt and enabled the company to revise earnings estimates up from $2.64 to $2.90-$3.05, the largest boost I have seen of any

Dow

stock to date. Sixteen percent sales growth, 31% earnings growth. That's what ag delivered, as the business is on fire and, I believe, taking share from lagging

Monsanto

(MON)

. Farmers are planting like crazy, and DuPont is a winner from it."

Citigroup

(C) - Get Report

: Citigroup slid on Wednesday after

Moody's cut its outlook

on Citi,

Bank of America

(BAC) - Get Report

and

Wells Fargo

(WFC) - Get Report

to negative from stable.In a July 27 blog post,

Cramer wrote

: "I had no idea that Basel mattered that much as the capital requirement leniency was always thought to be the case, but I will take anything that gets these stocks off the schneid.

UBS

(UBS) - Get Report

and

Deutsche Bank

(DB) - Get Report

were on the ropes at one time, and it was thought that UBS was insolvent. Oh well, so much for that. European bank preferreds are soaring. Remember Citigroup is an international company, and these reports should help the stock. Also, Citi does not have to do a capital raise as I suspect some foreign banks might want to do."

In a blog post today before the market open,

Cramer wrote

of tomorrow:

"If we get bad claims, we will forget that this week and last we saw a lot of housing data that was so irrefutable that even the bear-owned media struggled to stay negative. But if they are stable, I think this group will run, with

JPM

(JPM) - Get Report

, BAC,

PNC Financial

(PNC) - Get Report

and, of course, Citigroup leading the way. In other words, reach for these first on claims that are positive."

Who Owns Citigroup? Prince Al-Waleed Bruce Berkowitz

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

Cramer's Take

portfolio.

(Editor's note: At the time of this publication, Cramer owned Apple and Weatherford, for his Action Alerts PLUS charitable trust.)

RELATED LINKS:

>>Cramer's Top Tech Stock Picks

>>Earnings Season Rocket Stocks

>>Electric Car Stocks Making Moves in 2010

Follow Stockpickr on

Twitter

and become a fan on

Facebook.

Stockpickr is a wholly owned subsidiary of TheStreet.com.