Stocks discussed Jim Cramer's Stop Trading TV Segment, Wednesday February 11.
While bank CEOs may be the most hated people in America right now, Cramer commented, "These are the best we have in banking. They're smart guys, and I'm impressed," with their testimony. He added it is people like former Merrill Lynch CEO John Thain who should be blamed, but CEO’s like John Mack who is trying to save Morgan Stanley are “survivors.”
Cramer wondered why banks are required to pay off TARP money through assets and not through earnings. If this were the case, Goldman Sachs would be able to pay off TARP, but “they won’t let them.”
While natural gas was down, Anadarko stands out as Cramer’s favorite play in the sector. Devon led the group down because of a Jeffries call that said it didn’t have enough money to cover drilling, but Cramer says those who want natural gas should buy Anadarko which ,”should stand out from the other natural gas companies," he said. "They were completely hedged."
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