Jim Cramer's Stop Trading! Stock Picks and Comments, Nov. 8
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Fannie Mae (FNM): Cramer said that FNM was his best idea resulting from the Democratic sweep and says the government-sponsored mortgage stock should do well now, because the Bush Administration was trying to bring the company down. He noted that FNM is the cheapest financial stock, grows at 10% a year and trades at 10 times earnings estimates. Fannie Mae was up 4%, and Cramer predicts it will go to $70.
Sirius Satellite Radio (SIRI) and XM Satellite Radio (XMSR): Cramer notes that SIRI reported a "monster quarter" but that few noticed because of the election drama. XMSR lost a huge portion of its market share to Sirius which could be profitable in a few years in spite of losing $162 million, according to Cramer.
Arch Coal (ACI) and Halliburton (HAL): Cramer is concerned about coal stocks like ACI, given the Democrat's green stance, but has faith in Halliburton which was once headed by Vice President Dick Cheney and was down because of its political associatons, according ot Cramer.
Sprint (S) and Qwest (Q): Cramer wonders why Sprint hasn't fallen along with Qwest which dropped 3% because of regulations which threaten to squelch any possibilty of a buyout.
More: Cramer's latest stock picks, including: Mad Money Recap, Lightening Round, Stop Trading and his Radio Show.
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