CNBC's Mad Money Recap on Tuesday, June 02, 2009

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Recap of "Mad Money" - 6/2/09

Ockham's daily Recap of Mad Money.

Listed below are stocks that were mentioned on CNBC's Mad Money on Tuesday June, 2nd.

Jim Cramer CNBC’s biggest star, hosts Mad Money each night of the week at 6pm ET. The hour long show is both entertaining and informative and each stock mentioned receives a lot of attention simply by virtue of being mentioned on Mad Money. Popular portions of Mad Money include Mad Mail, Am I Diversified and Lightning Round where Jim Cramer takes callers questions on air.

Want to know everything that was said on Mad Money? Then you have to watch it. Visit CNBC for show times and channel guides.
Ockham Value Life Cycle Chart

CNBC - Mad Money Stock Commentary for 6/2/2009

The most recent commentary from CNBC followed by Ockham
Mad Money
“… Someone comes down off the hall and today is no exception. Today ed liddy, the departing chairman and ceo of the black hole known as AIG gets to take his -- gets his face taken down from the number one spot. Liddy's inept manager, I know he only earned a dollar, that's his net management was only eclipsed by husband cluelessness and deciding to resign may be the best decision he's made as AIG's top dog even though he's widely considered to be well too ridiculed by me, I don't know. He made a lot of mistation. Normally I don't put freshmen ceos on the wall of shame, but liddy who only took the job eight months ago is a real record-breaker. By the way, third guy from AIG i've had to put on the wall. Liddy's departure is good for the company but not to me. Nothing, I repeat nothing, could make AIG's common stock worth owning, I repeat nothing. It's a zombie and just like scooby-doo on zombie island this time the monsters are for real, and the fact that the common stock hasn't been cancelled or …” …more details…
Mad Money
“… I've been doing a lot of mall work and there's a lot of them that are going up. Now, that said, I do believe that if you want to play on housing and getting housing better and the internals of housing, you should go with the one that i've been buying, which is HOME DEPOT. It's got a better -- it's got a good yield. It's a great play on california turning, which you know I believe is happening, and I think it also has much more up oh, man. …” …more details…
Mad Money
“… Up for sale. And that's not enough reason for me to recommend a stock. Taking another. >> boo-yah, jim. John from new jersey here. >> john, how are you? >> good, jim. >> been hearing a lot of talk about WILLIAMS SONOMA. Right now? >> all retail's up. That's a rising tide lifting all I don't think that company's I would prefer in that field a …” …more details…
Mad Money
“… American brokers over foreign brokers during this period of what seems like a kind of I pose back to you, why not -- I did like two calls! Why not be in JPMORGAN, just in a secondary? Nobody liked it. They overpriced it. They should have price td at 34. And jamie dimon screwed up but I like that stock more thaen I i'm taking more calls. …” …more details…
Mad Money
“… Go anywhere. It's kind of like owning a bond with a bit more risk. Yes, ma'am. I'm from new york. >> how are you? >> so tell me about BARCLAYS. >> yes. Buy, sell, or hold? >> they did that big deal and the stock held up well. I like the european preferreds more than I like the common. And I also believe there's going …” …more details…
Mad Money
“… But when I go to my newsstand and I talk to my buddy sid, all he tells me is when it got to 8.50 the customers finally quit. I'm afraid that's going to catch up with ALTRIA, but the I think it's just not going to go anywhere. It's kind of like owning a bond with a bit more risk. Yes, ma'am. I'm from new york. >> how are you? …” …more details…
Mad Money
“… I'll see you there saturday >> i've got to know about my anchor through all this. Altreea. >> it kids me that I sold it. ALTRIA is philip morris. Here's the problem with ALTRIA, why I decided to sell it. I decided to sell p because I couldn't take the headline risk anymore. Under the republicans I knew I knew the democrats would seem …” …more details…
Mad Money
“… I like the stability of it, but yield and with improving fundamentals is good. Bp below 48 is good, too. I own both of those for my charitable trust actionalertsplus.Com. They're both preferable to what can I tell you? I just think that EXXON is just -- doesn't have that yield that I want and is overowned by but thank you, ma'am. >> jim, a jersey shore boo-yah. >> there you go, right? A man of my heart. I'll see you there saturday …” …more details…
Mad Money
“… Move and it moves when they and sure enough up a buck today. Of the oils it is not one of my I like the stability of it, but yield and with improving fundamentals is good. BP below 48 is good, too. I own both of those for my charitable trust actionalertsplus.Com. They're both preferable to what can I tell you? I just think that exxon is just -- doesn't have that yield …” …more details…
Mad Money
“… How do you get that thing moving again? >> we got hammered when because we own about 30% of our >> right. >> it's not all franchise MCDONALD'S has a much higher percentage of franchise so their revenue stream was a lot less vulnerable. When the commodity prices hit, I think people were surprised. They took advantage of the stock when commodities went down and …” …more details…
NASDAQ 1796.52

-49.2  -2.67%
S&P; 500 896.42

-26.91  -2.91%
^DIA 82.99

-2.04  -2.4%