It's wait-and-see-here mode on Wall Street, have we seen the bottom or is the worst still to come? Financials still rule the top 10. Citigroup ( C) is first. Stock is hanging on to its gains after CEO Vikram Pandit said the bank was making a profit in the first two months of 2009.
Next is Bank of America ( BAC). Stock pulled back earlier in the day but ended trading in the green holding on to some gains from Tuesday. General Electric ( GE) is up. Stock trading well above the $5 trading range it hit last week. Is GE good for the long term? Stephanie Link, Director of Research for Cramer's Action Alerts Plus Portfolio, says you can't sell at $5. Email email@example.com to see how they are trading it today. Next is Wells Fargo ( WFC). NAB Research analyst upgraded the stock to buy from hold. JPMorgan ( JPM) is up. CEO, Jamie Dimon, said at the U.S. Chamber of Commerce's third annual Capital Markets Summit that he is 'optimistic' about the future of JPMorgan and the U.S. economy. He also said JPMorgan earned a profit in January and February of 2009. Let's switch gears and check out tech. Verizon ( VZ) makes the top 10 with Cramer bullish on this stock. Cramer said on Mad Money that the stock price has gotten too cheap to pass up. The company also received a 10-year contract with the U.S Department of Defense, a price tag of $2.5 billion. Next is Apple ( AAPL). The company announced a new talking iPod shuffle for $79, its smallest one yet.
Dominion Resources ( D) makes the list. Cramer is bullish on this stock after talking with its CEO on Mad Money calling it an Obama resistant utility. Next is oil behemoth, Exxon ( XOM). Demand concerns dragged oil down today and in turn weighed on Exxon's share price. Last stock is General Motors ( GM). Competitor, Ford ( F), reported that new modifications to its UAW contract will save the company $500 million a year. GM is hoping to modify its contract and Ford's ( F) could be a model.