Jim Cramer's Stop Trading! Stock Picks and Comments, Oct. 3
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Wells Fargo (WFC) Citigroup (C), JPMorgan (JPM), Goldman Sachs (GS), Morgan Stanley (MS), and Merrill Lynch (MER): Cramer says that now is the time to buy financials and he especially likes C, JPM, MS and GS which can "go to 200" and WFC because it "can get to $40 without being expensive." Although he has been recommending consumer staples he sees a "stealth bull market" on the way which is being helped along by the dramatic decline in commodities from gold, oil and copper; "I have never seen a decline this precipitous," Cramer said.
Cisco (CSCO), Oracle (ORCL), and Google (GOOG): Cramer suggests picking up some solid tech stocks such as CSCO, ORCL and GOOG which has a "40 multiple for the fastest-growing company in America."
More: Cramer's latest stock picks, including: Mad Money Recap, Lightening Round, Stop Trading and his Radio Show.
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