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Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Tuesday January 18.

Citigroup (NYSE:C), JPMorgan (NYSE:JPM), Apple (NASDAQ:AAPL), Banco Santander (STD), Agnico Eagle Mines (NYSE:AEM)

The big stories on Tuesday were about Citigroup's 7% decline after its earnings report and Apple (AAPL) CEO Steve Jobs' announcement of a second medical leave of absence. Cramer warned last week that Citi might not fare so well after earnings, particularly given JPMorgan's (JPM) bar-raising, magnificent quarter. "I have gone over that quarter (Citi's) nine ways to Sunday and things are on track," said Cramer, adding that the bank historically declines after its earnings report.

Cramer likes Citigroup's increasing international exposure and its plans for dealing with its "bad bank" Citi Holdings, although he admits he was disappointed by the number of expenses, which in part are due to litigation. He believes if Citi had reported before JP Morgan, the former would have been down only 18 cents following earnings. " Let them sell it down," Cramer said. He's not worried about Citi's long-term story and says it is the "cheapest bank in the universe," because it is an international bank that deserves to sell at a premium.

Cramer is not concerned about Steve Jobs' announcement of a medical leave, although he added he will have to change his price target, to be announced on Mad Money's Tuesday program. Jobs not only has the talent of innovation, but knows how to build a team, according to Cramer, and that ability will stand Apple in good stead during Jobs' absence.

Banco Santander (STD) attracts shorts because "people think Spain is falling apart. Wake up!" Cramer said, "Spain is terrific." Banco Santander is a great play on the turnaround of Europe and will be a winner, not a loser, with 60% market share.

Cramer predicted gold would be weak in the first part of 2011, and he wasn't wrong in the case of Agnico Eagle Mines (AEM), down 18 straight points. He said that gold has an ability to digest big moves and to bounce back. The strong dollar doesn't matter, "This is a secular currency that is gaining strength."


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Source: Cramer's Stop Trading! Let Them Sell Citigroup Down (1/18/11)