Recap of Jim Cramer’s comments on Stop Trading! Thursday October 25. Click on a stock ticker for more analysis:
MGIC (NYSE:MTG): For investors who may erroneously believe housing is at bottom Cramer warned to stay away from financial stocks, especially mortgage insurers like MGIC, especially since it recently cut its dividend by 90%. He says the entire sector is "dreadful" and says the lowest point will be $500 billion in mortgage defaults.
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