Jim Cramer's Stop Trading! Stock Picks and Comments, 8/16/07

Recap of Jim Cramer’s comments on Stop Trading! Thursday August 16. Click on a stock ticker for more analysis:

Countrywide Financial (CFC) and Annaly Mortgage (NLY): Cramer urged investors against selling CFC because he thinks the company will survive the credit crunch. He would not buy the common stock and would purchase calls instead. Cramer is against shorting NLY, since CEO Mike Farrell is "money in the bank."

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