Cramer's Stop Trading! Stop Smashing Lincoln National (6/22/09)

Stocks discussed on Jim Cramer's Stop Trading! TV segment, Monday June 22.

Goldman Sachs (GS), Lincoln National (LNC), Wellpoint (WLP), Humana (HUM)

Cramer notes Goldman Sachs sells at a very low multiple and is cheap on earnings

He is confused that Lincoln National is getting "smashed" after it just raised capital; "Once they get the money, they're out of the woods, so you shouldn't be selling them!"

While investors are nervous about healthcare and Obama's proposed reforms, Cramer says the President is mainly annoyed with companies which benefited from Medicare Advantage. Humana is especially vulnerable, but Cramer thinks WellPoint is a stock to watch, because it is the HMO that benefited the least from the government program. Rather than shorting healthcare, Cramer would be long WellPoint and not be long Humana.

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