Cramer's Bailout Plan Winners Portfolio - Stockpickr! Your Source for Stock Ideas

Cramer's Bailout Plan Winners

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Created by barrons3

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Date updated:10-02-2008

While Cramer still told investors to use caution, sell into strength, and cut back at least 20% of their portfolios, he sees some obvious winners once the Paulson plan is signed into law.

BAC
Bk Of America Cp
$15.98
-0.50%
$16.08

He said that Bank of America (BAC) stands to benefit.

People owning BAC also tend to own: AA ADP AVP BRK-B BUD CSCO CX

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WB
32.35
$5.27
0.00
$5.27

Cramer said that Wachovia (WB) will also benefit from the bailout. With CEO Bob Steel's previous government experience, Cramer said that he will be able to take advantage of the plan by splitting Wachovia into good and bad components and sell off the bad parts quickly to the government.

People owning WB also tend to own: ARAY CHCG.OB COGO CVY DUG FXE GASS

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GS
Goldman Sachs Grp
$176.76
-0.96%
$178.89

Cramer said that Goldman Sachs (GS), a stock which he owns for his charitable trust Action Alerts PLUS, will also benefit from the Paulson plan. He said that Goldman has the currency and capital to become a big international bank. He speculated that Goldman might consider buying Wachovia, which is now valued at just half Goldman's marketcap.

People owning GS also tend to own: AOB COGO CRYP GEL GLW GRMN MDRX

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