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Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Tuesday February 7.

Banco Santander (STD), Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC), JPMorgan (NYSE:JPM), Ford (NYSE:F), GM (NYSE:GM), VMware (NYSE:VMW), F5 Networks (NASDAQ:FFIV), Salesforce.com (NYSE:CRM)

Cramer observes Banco Santander (STD) is continually shorted, although unjustifiably. While the bank is often used as a proxy for volatile Spanish real estate, every time the bank makes an acquisition "the big bear case disappears," says Cramer. "It is not a short, it is a good long. Even at $12."

The division of Bank of America's (BAC) "good bank" from its legacy division for bad loans shows BAC is being proactive in dealing with its problems and is moving shares of JPMorgan (JPM) and Wells Fargo (WFC). Cramer made the general statement about the sector that now legal fees are just part of the cost of doing business and a bank will "pay its legal bill instead of paying the people it owes money to."

While Ford (F) reported a weak quarter, and Cramer admits he was too enthusiastic, it seems as if 2011 really will be a better year for the company than 2010, in its North American and its European divisions. The same is true of GM (GM), according to Cramer. "Ford's reputation was momentarily tarnished," said Cramer, "but that will be forgotten. The momentum is there."

People thought cloud computing was bad for a few weeks, but now the cloud is back, as VMware (VMW) just passed where it was before it reported and F5 Networks (FFIV) is up a quick 10 points from last week. "People have been very forgiving of cloud computing," said Cramer, adding that Salesforce.com (CRM) should be higher and not lower.

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Source: Cramer's Stop Trading! Ford's Tarnished Reputation Will Be Forgotten (2/7/11)