Cramer's Bailout Plan Winners
7428 views
Rate Now: 1 2 3 4

average rating: 0.00 / 0 ratings
Created by barrons3
DESCRIPTION:

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.

symbol name last price % change open
  • +
  • BAC
    Bk Of America Cp
  • $15.85
  • +2.46%
  • $15.59

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

People owning BAC also tend to own: AAADPAVPBRK-BBUDCSCOCX

TheStreet.com Rating: C- What is this?

  • +
  • 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: ACEBACCCBCOPCVXDIS

TheStreet.com Rating: No Rating What is this?

  • +
  • GS
    Goldman Sachs Grp
  • $169.66
  • +3.57%
  • $165.47

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: AOBCOGOCRYPGELGLWGRMNMDRX

TheStreet.com Rating: C What is this?

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

latest articles | popular forums
Dividend Stocks for the Week

By Jonas Elmerraji Posted on Dec. 1, 2009 After an earnings season that has brought a significant stream of dividend-increasers, stocks are taking a step back, with jus...

12.01.09 | 13:52 PM
This Week's 'Barron's' Roundup

By Roberto Pedone Posted on Dec. 1, 2009 Bullish and Bearish: Each week, Barron’s publishes bullish and bearish stories on a variety of stocks. We present summaries o...

12.01.09 | 12:23 PM
Cramer's Take on Headline Stocks...

Posted on Dec. 1, 2009 Regardless of why a stock is in the news, it never hurts to hear what a professional investor has to say about it. The key is to gather as much in...

12.01.09 | 11:45 AM
Rocket Stocks for the Week

By Jonas Elmerraji Posted on Nov. 30, 2009 With Black Friday behind us and another data-heavy week ahead, it’s time to turn once again to Rocket Stocks, our list of b...

11.30.09 | 09:16 AM
more articles
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZA
Nymph's Trading Daily Trading Diary
04.13.09 | 01:10 AM From author Trading Nymph
The Presidential/Political Thread
01.02.08 | 08:05 AM From author Dave Cox
Other People's Ideas (OPI)
11.28.09 | 15:23 PM From author Valerie J
more forums
recent answers | popular answers
bubble(1)
Q. Another classic Cbs marketwatch ...
12.01.09 | 14:42 PM Asked by flyers44

A. The "Institute" are 4 shadowy
figures who meet in a pub each month.

show all recent stockpickr answers
today 's lists
Stocks With Unusual Option Activity

Unusually active options can often indicate that a major event in a stock is about to take place, or that unsophisticated investors (using options in lieu of leverage) are ... more

Earnings Announcements

Here is a list of some of the companies that will report earnings on Wednesday (Dec. 2, 2009). For some of the companies below, EPS estimates* are provided. * Analyst... more

Tomorrow's Ex-Dividend Stocks

Below is a list of some of the companies that have their ex-dividend date Wednesday, Dec. 2, 2009. What is the ex-dividend date? The ex-dividend date of a stock is th... more

show all today's lists