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Cramer Talks Regional Banks
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Web Editor, Mad Money
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Cramer during Tuesday's Stop Trading! reiterated his buy call on the regional banks, listing Fifth Third [FITB
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], Regions Financial [RF
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], Huntington Bancshares [HBAN
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] and Zions [ZION
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] as his favorites right now.
In coal, Cramer recommended Walter Energy [WLT
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] as a play on Chinese coal demand, saying, “The stock won’t quit.” He said that Walter’s mines were considered safe, which is an important point after an explosion at Massey Energy’s [MEE
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] West Virginian Upper Big Branch mine killed 25 people. Also, WLT is close to New Orleans, a major port, making its distribution to China easier.
And lastly, Cramer one again said he was bullish on Electronic Arts [ERTS
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] for its exposure to social-media gaming, though not for its popular Tiger Woods PGA Tour golf game. ERTS released a free PC version for the Web today.
“That is not the driver here to this stock,” Cramer said.
A previous version of this report included discussions about AT&T that were factually incorrect. That material and the associated video have been removed.
Cramer's charitable trust owns Apple.
Call Cramer: 1-800-743-CNBC
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