Cramer isn’t sold on the idea yet. “So many things have to go right” – a better housing environment, stabilization in employment, better management at the bank – at Citi for the stock to make such a big move, he said.
Most of the market’s firing on all cylinders – except the financials. So “if he’s right,” Cramer said of Kass, “you're going to have a rip, snorting bull here.”
Switching gears to a stock in Cramer’s charitable trust. Glassmaker Owens-Illinois could make a comeback as consumers become more aware of potential toxins in plastic bottles.
Cramer also urged viewers to “stick with Mastercard,” even though MA is up almost $24 Thursday.
Joy Global is up $2.43, or 3%, after a “monster good quarter.” Cramer said he thought the stock would have been up $8 if only the coal sector – Joy Global’s biggest clients – wasn’t down today.
“Joy Global is the answer,” Cramer said, “to getting the Saudi Arabia of coal” -- the U.S. -- “back in its rightful place.”
Be sure to watch Joy Global CEO Michael W. Sutherlin Thursday night on Mad Money.
Jim's charitable trust owns Owens-Illinois.
Jim Cramer is the TheStreet.com's largest shareholder.
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