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

Cramer's Bailout Plan Winners

7128 views

TheStreet.com Rating: C

Rate Now:

average rating: 0.00 / 0 ratings

printer friendly

send to a friend

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.

BAC
Bk Of America Cp
$22.66
-5.47%
$23.44

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

People owning BAC also tend to own: AAPL GOOG INTC MSFT RACK CFC ASH

TheStreet.com Rating: C+ What is this?

WB
Wachovia Cp
$5.71
-6.24%
$5.865

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: ACE BAC C CB COP CVX DIS

TheStreet.com Rating: D What is this?

GS
Goldman Sachs Grp
$115.06
-5.18%
$117.19

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

TheStreet.com Rating: C What is this?

Comments not available

Top Do-It-Yourself Portfolios
» charcagle Portfolio 1
» Blank
» Drew's List
» Robin Retirement
» The Eagle's Nest
show all

Top Biotech Short-Squeeze Plays

One industry that is expected to do well in a Barack Obama presidency is biotech. With the drop in the stock market bringing down all stocks, including the biotechs, short-...

11.20.08 | 18:30 PM

Cramer's Take on Top-Searched St...

As if Wednesday's blood bath wasn't enough, Wall Street was further rattled on Thursday after the Labor Department reported that new claims for unemployment benefits climbe...

11.20.08 | 17:59 PM

Jim Cramer's Portfolios of the Week

Jim Cramer has no problem with remaining in the bear camp on Wall Street. Recently, he spotted a new crisis on the horizon for the commercial real estate market, and on Thu...

11.20.08 | 17:11 PM

Approach China Medical With Caution

Financial research is never a simple task. It requires a substantial time commitment to read over a company's recent filings and listen to its investor presentation, as we...

11.20.08 | 14:15 PM

General market Technical Analysi...

11.14.07 | 22:55 PM From author ZackAttack

Cartoon Thread

11.15.07 | 20:31 PM From author Peter near Matanzas Inlet

Reading charts

08.16.08 | 09:03 AM From author Peter near Matanzas Inlet

Anarchy Stock Market

11.20.08 | 21:32 PM From author silversliver

more forums