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" Welcome back -- it's time to stock trading and Jim Cramer race he aired GM my you have to. -- European plane isn't that they based -- based guided him I gotta be eyes -- have nothing to do with one another."

" No but I went to did pay attention to the fact that there's an oil company BP -- British Petroleum. Where the CEO said as long as oil stays at or around fifty. You're going to be able to us -- take that did it into the backing here we are sixty. And yet the stocks only up about a block and half from when he said that and near the -- well sort of the 48 did decent that is the cheapest oil company has follow. -- from my trust -- Unilever stock that I regret that I did not hold one -- I think fifty you know -- reorganization. I'll is making much more competitive against proctor and gamble it has been a terrific stock so those are my two European players I think not worked big here."

" Well you know it's interesting -- say that his -- how again ad from -- prosperity was talking about the -- and all the growth is going to come from emerging markets mind you want people to make tangible things. And you know lever around the world you know that's by far the most common brand that mean yeah -- enough places like Nigeria where they don't even have a lot."

" And you've got it right I mean I lost patience with this one from my trust and yet I have to tell you that this is -- company that has the -- That I think has the greatest growth prospects of the packaged goods industry. Much much more than almost every other company."

" And now I want to get get to your trade here which is since it's linked to commodities you've got aced out. And a guy I'm looking down here at that it would be self annexed into the US coast DL let's right hand guy. DiMicco Bob my new court now look I stand them I think we -- all come to."

" If you inclusion made the difference between this president and all other present since may be Lincoln is when he says something new and gets it Dodd. I am now not only a believer in the dead. -- cap -- that we are going to be in a carbon trading environment. But they do you really do have to sell US steel on this because it just doesn't have the right mix it's going to be taxed. Very heavily versus Nucor we could because of them -- fuel so you really do if you want to be impaired traitor here is much this hurts because I love management US steel. But you do -- short US steel. Against golden wall new -- and remember US steel substantially up from a secondary so there's a lot of room for the fall again unfortunately as I really like the company. But it doesn't work in this new environment and universe."

" And by the way -- there was one other thing it can't have so much on the show here was flat at we will talk about European financial sources US financial. Larry was talking problems -- about how you got you European banks are now trading at about one point two times book. Which would seem rather extravagant in the middle of the prices especially the audience start right. But I wanted to check with you to see your view as to what you do think they are too expensive. And and at what level or at any level."

" I don't want to touch him I do watch him every morning -- the preferred so I think are better wise they have moved the lot. But I really think that -- next did the Irish bank the British banks are like my least favorite and I think state. Did when you get a Condo about credit watch when the UK which -- really getting easy credit watch -- those back which is just I think they're I think their awful places they."

" Thank you take any stock TM and eat argument that was made at just at just a few minutes ago. That the European banks have a better capital position than the US banks."

" They may have more right -- to come but that they have more capital but that -- we just -- a substantial capital raise I feel like it were far ahead in the length. I also believe by the way just in terms of the capital raises Bank of America has got to hold this ten dollar -- All stated Dave Schwartz have been -- he had it banging down. It's hot it's got to say it's got to stay far away from that -- cause it's weighing down the whole banking group. -- I think that Bank of America remains as I said to Martins are as we didn't hear the market but I think our banks are much better capitalized than their. I final word Sears add that Serbs earlier in the week what he's saying now people must understand that of principal reason why there were many short sellers and Sears for more than there was float was because people do not think -- could be able to read roll over his dead. That was the killer that's what people worried about by the -- kmart's comp store sales much better than everyone -- it it in that particular segment. I think you're better recognized its -- is not. Nearly as bad off as we think -- and the big story which was that they won't be able to roll over the debt that's off the table -- really got it right."

" And a quick reminder all the recommendations expressed by Jim Cramer solely his and -- nothing opinions on CNBC. And may have been previously disseminated by yeah. Before acting -- recommendations considerate suitability for your circumstances thank you and are seeking advice from your own presidential adviser."