Recap of “Power Lunch” – 6/4/09
Ockham’s daily Recap of Power Lunch.
Listed below are stocks that were mentioned on CNBC’s Power Lunch on Thursday June, 4th.
As the name suggests, CNBC’s Power Lunch comes on midway through the trading day. Anchors Bill Griffith, Sue Herera, Dennis Kneale and Michelle Curoso-Cabrera, often taping on location at some of the sites where the news happens, bring a recap of the markets and economy through the first half of the day. Below are the stocks that were mentioned on Power Lunch, which runs from 12 pm until 2pm ET.
Want to know everything that was said on Power Lunch? Then you have to watch it. Visit CNBC for show times and channel guides.
Listed below are stocks that were mentioned on CNBC’s Power Lunch on Thursday June, 4th.
As the name suggests, CNBC’s Power Lunch comes on midway through the trading day. Anchors Bill Griffith, Sue Herera, Dennis Kneale and Michelle Curoso-Cabrera, often taping on location at some of the sites where the news happens, bring a recap of the markets and economy through the first half of the day. Below are the stocks that were mentioned on Power Lunch, which runs from 12 pm until 2pm ET.
Want to know everything that was said on Power Lunch? Then you have to watch it. Visit CNBC for show times and channel guides.
All Recaps
America’s Nightly Scoreboard
Fast Money
Happy Hour
Mad Money
Squawk Box
America’s Nightly Scoreboard
Bulls & Bears
Cavuto
Closing Bell
Countdown to the Closing Bell
Fast Money
Fox Business
Happy Hour
Mad Money
Money For Breakfast
Power Lunch
Squawk Box
Squawk On The Street
Street Signs
The Call
The Opening Bell on Fox Business
Ockham Value Life Cycle Chart
CNBC – Power Lunch Stock Commentary for 6/4/2009
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1:00:05 PM
FRE
$0.74 Freddie Mac
“… And what’s carl icahn’s next big we are back on the other side with another edition of "power >>> FREDDIE MAC says the average 30-year fixed rate mortgage now at 5.29%. Up from 4.91% just last week. Texas charging vp with 46 violations of the state’s clean …”
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12:58:42 PM
HBC
$43.26 HSBC Holdings plc ADS
“… The selling by the stops have knocked it down. I think it’s a buy. They upgrade second half growth in the u.K. >> HSBC. >> two banks to play. Hbc is the ticker. I would be cautious if you get more follow-through on the gordon brown rumors. >> let’s go around the horn. …”
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12:53:44 PM
GS
$148.43 Goldman Sachs Group, Inc.
“… A call by one by two. Taking 75% off that and a seller in the short term. >> do you buy on this, jeff? >> I love the financials. GOLDMAN SACHS have been acting extremely well. Higher highs and higher lows. I like that stock, GOLDMAN SACHS. >> united seeking 150 new do you buy into this news, dan? >> yeah, absolutely. Washington, d.C. Is the wind beneath their wings, baby. No way they’re not going to get …”
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12:53:06 PM
INTC
$15.97 Intel Corp.
“… No doubt about it. Specific names today, no. It’s been very, very light. I would say you’ve got to keep an eye on quite a few different names right now. Dell needs to show growth. Because they’re looking, INTEL made their move. I think you’re going to see more of this continue the domino >> pete, see you later on the desk. Time for the fast and furious. Heading into the close today, …”
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12:53:05 PM
DELL
$12.01 Dell, Inc.
“… No doubt about it. Specific names today, no. It’s been very, very light. I would say you’ve got to keep an eye on quite a few different names right now. DELL needs to show growth. Because they’re looking, intel made their move. I think you’re going to see more of this continue the domino >> pete, see you later on the desk. Time for the fast and furious. Heading into the close today, …”
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12:52:36 PM
INTC
$15.98 Intel Corp.
“… They’re getting themselves away a little bit from the pc and server exposure and gotten themselves big time into the net this gives them wireless you can continue to see INTEL and other names continue to look and looking around and lurking as we move forward in the >> pete, when there is an acquisition in this space, you usually see other call activity …”
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12:52:01 PM
INTC
$15.98 Intel Corp.
“… Cash poor companies to move higher from here. >> it doesn’t help that mortgage rates are ticking higher. Let’s move on to the next. In the tech world, INTEL acquiring wynn river systems. INTEL paying all cash at 44% premium. What does this mean for the industry? Let’s bring in the pit boss, pete najarian. How you doing. >> how you doing, ambassador? When you look at the deal with INTEL, it makes sense. They’ve been talking about we heard from paul earlier in the quarter when they presented he talked about bottoming. If he’s positive going forward, …”
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12:51:46 PM
WYNN
$40.46 Wynn Resorts Limited
“… >> it doesn’t help that mortgage rates are ticking higher. Let’s move on to the next. In the tech world, intel acquiring WYNN river systems. Intel paying all cash at 44% premium. What does this mean for the industry? Let’s bring in the pit boss, pete najarian. How you doing. …”
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12:49:47 PM
WMT
$50.56 Wal-Mart Stores, Inc.
“… We averaged 600,000 on job I don’t think the consumer is healthy. Are going to be good any time today’s numbers bear that out. Who do you price it in to? I don’t think WALMART is taking all of the heat. >> is WALMART on your radar or are there others that are better positioned in your view? >> tim brings up a great point. Th is a sector that i’m not going to make a trade in. …”
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12:49:20 PM
WMT
$50.56 Wal-Mart Stores, Inc.
“… Sales results. Seeing the sector across the board move lower. We’re seeing oil, the proxy for the global economy move higher >> you’re going to have people watching that again with the trade down. WALMART looks good. You’re going to get a second bout of people getting frugal. We talked about it on fast the savings rate in this country are going up. People are frugal. The jobless rates definitely not …”
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