Jim Cramer's Stop Trading! Stock Picks and Comments, 8/9/07

Recap of Jim Cramer’s comments on Stop Trading! Thursday August 9. Click on a stock ticker for more analysis:

Yamana Gold (AUY): Cramer urged viewers to hang on to gold stocks, especially AUY which had a great quarter, but is down 3% because "gold is selling off in a deflationary spiral."

AIG (AIG): This company is a buy because it has the right bonds, and not those associated with sub-prime mortgages. In addition, AIG is aggressively buying back shares, Cramer said.

Fannie Mae (FNM): While Cramer thinks FNM could provide a help limit the damage from the housing crisis, he laments the lack of political will to mend the situation.

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