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Nov.30
3:44 PM ET
Friday, 30 Nov 2007
Stop Trading!: Buy Annaly
Posted By:Carlo Dellaverson
Topics:Stock Picks | Stock Market
 |
There are some mortgage insurers that are worth buying, Cramer said on Friday’s Stop Trading!.
Anworth [ANH
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], a mortgage REIT that recently raised a chunk of capital to blunt its subprime exposure, exemplifies a player in the mortgage mess that is showing some signs of life. But Cramer would still rather buy Annaly Capital [NLY
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], which has also raised money and is a better-run shop, he said.
Cramer also recommended J.Crew [JCG
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] on the retail front, extolling CEO Mickey Drexler as someone who “actually has an eye toward merchandise.”
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