Buy the banks on the foreclosure ruling dip, Jim Cramer exhorts, doubting that the ruling from...

|By:, SA News Editor
Buy the banks on the foreclosure ruling dip, Jim Cramer exhorts, doubting that the ruling from one of the more liberal courts in the U.S. would be repeated elsewhere. He reiterates his call on Bank of America (BAC -1%) as one of the best ways to play an economic rebound. JPMorgan Chase (JPM -1.7%) is the Dow's laggard even after CLSA's Mike Mayo raises 2011 and 2012 estimates on the bank.