Cramer's Hammered Industrial Stocks

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"They aren't the banks. They have a ton of cash. They can buy back stock. They are capable of having a turn the moment business even stabilizes. But when business has just turned down as it has in places like Spain and Britain, it is too early to buy the stocks or, if you own them, to buy more of the stocks until the numbers have been sliced and diced and until expectations, which are now too high, become more realistic." - Jim Cramer

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