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Cramer's Paper Tigers
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From Cramer:"The re-evaluation of the financials continues. What's behind it this time? Sometimes what you have to do is look at the clients of these firms, the real clients. That's the giant funds that are on the buy side, not the mergers-and-acquisitions guys, even though they bring in a gigantic amount of revenue."
"These stocks are all going much, much higher. They can generate the paper with private equity or with the collapse of the established players in mortgage broking. They can mark it all up big. And they are selling at 10 times earnings."
Here are Jim's favorite financial plays.
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