Date updated:01-10-2008
"You want something in the financials to take a shot at? You want to buy something down and out that there might be some hope in?" -- Jim Cramer

-
MER
11.88 - $11.78
- 0.00
- $11.78
What's the story? Near 52-week low. Has already raised some capital. Has lots of assets to sell off. And, most important, it is now run by John Thain, who is a really smart, tough guy and a total break with all of the cultures that I have EVER seen at Merrill Lynch.

-
GPM
- $0.00
- 0.00%
- $N/A
The better piece of paper might be the GPM (GPM), which is a GM preferred stock that pays you to wait for the turn.

-
HPQ
Hewlett Packard C - $50.05
- -0.28%
- $50.34
All right, now tech. Hewlett-Packard (HPQ) sells at 13 times earnings.This is a company that has consistently made its earnings estimates and has been a very big overseas player that does not deserve to sell at the same P/E as its growth rate.
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