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. Bank of America ( BAC): Bank of America grabbed more than one headline today, including " Bank of America's Looming Board Battle," which examined the activist pressure that Finger Interests, which owns 1.1 million Bank of America shares, is exerting on other shareholders to vote agains the re-election of Charles Gifford to the company's board.
|Who Owns Bank of America?|
>> Who Owns BP?: Bill and Melinda Gates On March 16, Cramer wrote in his blog: "Take BP. We were supposed to be worried about the yield being too high when oil was at $50. Now it is $80 and it seems that people are still worried. I just don't get it. Not at all." Best Buy ( BBY): Best Buy grabbed a headline this morning -- " Best Buy Poised to Win With Apple iPad" -- off of the announcement that it will be the sole partner for the anticipated Saturday launch of the Apple ( AAPL) iPad, selling the device in most of its stores. In a March 25 blog entry, Cramer wrote of "a powerful combination of lower unemployment claims, higher retail sales from Best Buy and a Fed chairman who is still saying he will not pull the rug out from this economy." >> Who Owns Best Buy?: George Soros Also on March 25, in another post to his blog, Cramer wrote: "The most important pin-action retailer in the country reported numbers that tell you that the tsunami wave of Internet speed and smartphones is on, that the consumer is spending like crazy and that the tech rally from it may be unstoppable. "I am talking about Best Buy. For so long I have held that BBY is the key to determining so much spending. It is a leading seller of PCs, phones, video games, printers, TVs. You name it. You can buy Sony ( SNE), Hewlett-Packard ( HPQ), Intel ( INTC), Apple, Electronic Arts ( ERTS), Microsoft ( MSFT) and Corning ( GLW) off it. You can buy all the suppliers from Xilinx ( XLNX) to Cypress ( CY) and RF Micro Devices ( RFMD) to Broadcom ( BRCM) and Marvell Tech ( MRVL) and TriQuint ( TQNT) off it. "And you can do it today. "Best Buy said last time that things were not so hot and gave a cloudy future, and that put the kibosh on any tech rally. It was ugly. "This time it is all systems go. "Don't forget that when the profit-takers come in, as they always do. "There is no tech pin action better than the strike that BBY threw this morning. I think it should be obeyed." 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, Bank of America and BP for his Action Alerts PLUS charitable trust.) Follow Stockpickr on Twitter and become a fan on Facebook.