Cramer's Mad Money - 5 Things To Watch This Week (6/1/12)
By SA Editor Miriam Metzinger: Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Friday June 1.
5 Things To Watch In The Coming Week: Crude inventories, ASCO, Dollar General (DG), Ulta (ULTA), Lululemon (LULU). Other stocks mentioned: Johnson & Johnson (JNJ), Celgene (CELG), Wal-Mart (WMT), Paychex (PAYX), Costco (COST).
With the Dow plunging 275 points on Friday, Cramer thinks there may be more days like Friday if U.S. leaders don't get on the phone with European leaders and extend a credit in exchange for more aggressive action take by the Europeans. U.S. leaders should also encourage China, Japan and Brazil to get involved. If there isn't drastic action taken over the weekend, Cramer thinks stocks are going lower.
American Society of Clincial Oncology meets and will introduce breakthrough drugs. This will be good news for Johnson&Johnson (JNJ) and Celgene (CELG); the latter has gotten a beating lately.
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