Stop Trading!: Bear's Market
Bear Stearns needs a deal and it needs one now, Cramer said on Friday’s Stop Trading!. The only way to make money off the beleaguered bank, as far as the Mad Money host is concerned, would be to consider buying its debt, which is senior to its common stock right now. Cramer predicted that the company will get bought at a price under where the stock is trading now.
For the silver lining in this treacherous market, one needs only to look to chemical company DuPont , which Cramer recommended for a trade on Tuesday. DuPont is the second-best performer in the Dow so far this year and is still cheap, he said. Dow Chemical is also a buy for its yield.
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