Financial News from Power Lunch from 6/24/2009

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Recap of "Power Lunch" - 6/24/09

Ockham's daily Recap of Power Lunch.

Listed below are stocks that were mentioned in CNBC's Power Lunch on Wednesday June, 24th.


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

CNBC - Power Lunch Stock Commentary for 6/24/2009

The most recent commentary from CNBC followed by Ockham
“… Getting ready to do and he gave me his final thought. One of the things he pointed out is in this republican memo put out at the time of this particular crisis, as it concerned BANK OF AMERICA, fed governor called treasury, quote, undermanned and less than crisp in their views. End quote. …” …more details…
“… >> that's a judgment call. >> it is. They'll keep it quiet from the occ, quiet from regulators. Do you think the emergency circumstances justified keeping this deal quiet and the regulators pushing B OF A ahead with this deal to close with merrill because of their fear that they would have two problem banks not one. >> why don't they call paulson? >> that's another question. …” …more details…
“… Well, we'll see. >>> julia is working that story we talked about. >> and some explosive things being said about ben bernanke. >> looking at the BANK OF AMERICA merrill lynch deal from last december. We have more on that and the markets as we wait for the fed announcement at 2:15 eastern on erin burnett's watch on "street …” …more details…
“… Bears have decided the operating margin will not get cut in half from here. It's not getting credit as we see for the company. The names we like, coach, urban outfitters, AMERICAN EAGLE OUTFITTERS all for different reasons we think have an opportunity to grow earnings over the next two to three years in excess of the sector in >> thank you both very much. >> value is here to stay. …” …more details…
“… Bears have decided the operating margin will not get cut in half from here. It's not getting credit as we see for the company. The names we like, coach, URBAN OUTFITTERS, american eagle outfitters all for different reasons we think have an opportunity to grow earnings over the next two to three years in excess of the sector in >> thank you both very much. >> value is here to stay. …” …more details…
“… To fall to the bottom line because a lot of companies have reduced their fixed cost structures to very low levels. >> you for example I believe think that kohl's will do well, DOLLAR TREE, bjs? We're still pretty barbelled in terms of how we'll approach it. We think you need to stick with a couple defensive names, walmart, bjs but also have a …” …more details…
“… I do echo what kimberly said in terms of more sales being able to fall to the bottom line because a lot of companies have reduced their fixed cost structures to very low levels. >> you for example I believe think that KOHL'S will do well, dollar tree, bjs? We're still pretty barbelled in terms of how we'll approach it. We think you need to stick with a couple defensive names, …” …more details…
“… Where will the winners be? Joining us now with their stock picks, a broadline retail analyst at jp morgan and kimberly greenberger retail analyst at CITI. It is a bit counterintuitive to take a look at these stocks but you think perhaps it is indicating that better times are ahead. They're early but that is what …” …more details…
“… Say we are still in a deep what about the second half? Where will the winners be? Joining us now with their stock picks, a broadline retail analyst at JP MORGAN and kimberly greenberger retail analyst at citi. It is a bit counterintuitive to take a look at these stocks but you think perhaps it is indicating that better times are ahead. …” …more details…
“… Is it time to bet on a name like coach or keep betting on >> and the dow, nasdaq, and s&p are all in the black today though we do have a couple big name losers to mention. BOEING down again today. Another 3.5%. This is on the news about the pentagon deal that probably is going away when it comes to two days in a row for them. Super value lower by 12%. …” …more details…
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NASDAQ 1965.96

-7.64  -0.39%
S&P; 500 979.26

2.97  0.30%
^DIA 90.97

0.34  0.38%