There are some mortgage insurers that are worth buying, Cramer said on Friday’s Stop Trading!.
Anworth , a mortgage REIT that recently raised a chunk of capital to blunt its subprime exposure, exemplifies a player in the mortgage mess that is showing some signs of life. But Cramer would still rather buy Annaly Capital , which has also raised money and is a better-run shop, he said.
Cramer also recommended J.Crew on the retail front, extolling CEO Mickey Drexler as someone who “actually has an eye toward merchandise.”
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