Cramer's Stop Trading! Commercial Real Estate Is Rescued (9/16/09)

Includes: CMO, IYR, NLY, PPG
by: Miriam Metzinger

Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Wednesday September 16.

Annaly Capital (NYSE:NLY), Capstead Mortgage (NYSE:CMO), iShares Dow Jones U.S Real Estate (NYSEARCA:IYR), PPG Industries (NYSE:PPG)

A new law will provide an escape route for those stuck in "unbelievably difficult to undo" real estate deals. As a result, foreclosures may be reduced and commercial real estate could be saved from declines. While many investors are buying Annaly Capital and Capstead Mortgage on the news, Cramer prefers IYR, in spite of the fact it is heavily shorted.

Cramer also discussed the increase in demand for materials by manufacturers and likes PPG Industries.


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