Cramer has been recommending certain regional banks as great plays on a US recovery. As the credit crisis forced weaker institutions out of business, he said, the FDIC sold their assets to their stronger peers for a song, thereby creating much larger industry players. The key for investors is to find the right regionals and capitalize on the growth.
Zions Bancorp might be one such bank. The FDIC has already sold four failed institutions to Zions, and the company has raised capital to help stabilize its business. But there are critics here, who point to Zions' nonperforming assets and commercial real estate exposure. Cramer needed to do more research before recommending the stock, so he invited Chairman, CEO and President Harris Simmons onto Mad Money. Watch the video for the full interview.
Call Cramer: 1-800-743-CNBC
Questions for Cramer?
Questions, comments, suggestions for the Mad Money website? firstname.lastname@example.org