GO
Loading...

A ‘Perfect’ Bank?

Thursday, 30 Sep 2010 | 3:26 PM ET

Given the amount of banks whose earnings estimates need to come down, Cramer was surprised to hear that one financial just had its numbers bumped up.

Stop Trading, Listen to Cramer!
"Mad Money" host Jim Cramer shares his stock picks and pans with CNBC's Erin Burnett.

Morgan Stanley raised its estimates for PNC Financial through 2012, a move the “Mad Money” host praised. He said PNC is “that perfect hybrid of regional and national” with “a business model that has always been … more conservative and prudent than everybody else.”

“The stock’s a buy,” Cramer said during Thursday’s Stop Trading!.

There’s a “lot to like” about DuPont , too, Cramer said. The company has “fabulous management,” it’s taking share from Monsanto and offers a healthy 3.6% dividend yield.

In oil services, Core Labs has been “the most consistent” company in terms of return on equity “for multiple years,” Cramer said. Yet the stock “periodically” takes a dip that history has shown is a buyable move for investors. The stock’s pullback now “will be no different,” Cramer said.

Finally, the negative press from Johnson & Johnson’s recall woes is a boon for private-label company Perrigo , Cramer said. Shoppers “trade down and stay down because they like value. Perrigo gives you value.”

The stock “had been in a low,” Cramer said. “It’s starting to accelerate back up.”

Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

  Price   Change %Change
CBRX
---
DD
---
JNJ
---
MO
---
PNC
---
PRGO
---

Contact Mad Money

  • Showtimes

    Monday - Friday 6p ET
  • 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."

Mad Money Features

  • Grab the latest CNBC gear from the NBCUniversal Store!

  • Get a behind-the-scenes look at how Cramer formulates his investment advice. "Inside the Madness" is a column, which features e-mails and more with Cramer and his researcher Nicole Urken.

  • You’ve always wanted to hit the “Hallelujah!” button. Here’s your chance.