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Stop Trading! Merrill In Peril?

Merrill Lynch’s massive write-downs show that the financial stocks are still a “nightmare to own” and investors should just steer clear for now, Cramer said on Wednesday’s Stop Trading!

Cramer recommended Northrop Grumman for being the cheapest of the defense names and said that Cisco is a better play than Juniper Networks . “I don’t drink Juniper juice,” Cramer said.

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  • Jim Cramer

    Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

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