Cramer's Bailout Plan Winners
7432 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
  • $16.28
  • +3.30%
  • $15.75

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
  • $167.24
  • +1.79%
  • $167.50

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
Jim Cramer's Portfolios of the Week

By Roberto Pedone Posted on Dec. 4, 2009 According to Jim Cramer, the bears need a new line of argument. He said the doom-and-gloomers have been very quiet of late, but...

12.04.09 | 09:43 AM
Top-Yielding Monthly Dividend St...

By Fred Fuld Posted on Dec. 3, 2009 Everyone can appreciate the security offered by a regular income, whether in the form of a paycheck or retirement check -- or a divi...

12.03.09 | 16:15 PM
Cramer's Take on Headline Stocks...

Posted on Dec. 3, 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...

12.03.09 | 14:40 PM
'Fast Money' Portfolios of the Week

By Roberto Pedone Posted on Dec. 3, 2009 The traders of CNBC’s “Fast Money” think the path of least resistance for the stock market remains to the upside. On Tues...

12.03.09 | 12:05 PM
more articles
Banjo's Garden Pic Thread
05.10.09 | 12:33 PM From author banjoman
The Presidential/Political Thread
01.02.08 | 08:05 AM From author Dave Cox
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZA
Full Disclosure
11.09.08 | 12:30 PM From author alchemist
more forums
recent answers | popular answers
bubble(1)
Q. Does anyone know of a good site,...
12.05.09 | 10:35 AM Asked by rleal

A. Penny stocks web sites are full of scam
artists. I would stay away from them and
do your own research. db

show all recent stockpickr answers
today 's lists
52-Week Highs

Here are some of the biggest stocks that made the 52-week high list on Dec. 4, 2009. more

TheStreet Ratings' Downgrades

TheStreet Ratings provides exclusive stock, ETF and mutual fund ratings and commentary based on award-winning, proprietary tools. Its "safety first" approach to investing a... more

52-Week Lows

Here is a list of some of the biggest stocks that hit 52-week lows on Dec. 4, 2009. more

show all today's lists