"We want a banker" leading Citigroup (C Quote - Cramer on C - Stock Picks), Jim Cramer said Monday on CNBC's "Stop Trading!" segment.
Cramer said the only event that would make him buy the stock, which is up around 1% Monday afternoon at $55 and change, is Prince's departure. "Prince leaving is worth 5, and a breakup of the bank is worth 2," Cramer said, shrugging off Monday's announcement that longtime finance chief Sallie Krawcheck will take over as CEO of the bank's wealth management unit. Cramer said he'd like to see Citi lure Richard Kovacevich from Wells Fargo (WFC Quote - Cramer on WFC - Stock Picks) or Jamie Dimon from JPMorgan (JPM Quote - Cramer on JPM - Stock Picks). Kovacevich, Cramer said, is "America's greatest banker." Cramer said he likes Kimberly-Clark (KMB Quote - Cramer on KMB - Stock Picks), given that analyst estimates on the maker of Huggies and Kleenex are based on crude oil costing $70 a barrel, not the recent $51. Cramer also said that given the poor numbers out of Eaton (ETN Quote - Cramer on ETN - Stock Picks), Cummins Engine (CMI Quote - Cramer on CMI - Stock Picks) should be down more. Cramer said he likes the feel of Monday's market with American Express (AXP Quote - Cramer on AXP - Stock Picks) leading a charge in the financials. He said postclose numbers from "merchant of doom" Texas Instruments (TXN Quote - Cramer on TXN - Stock Picks) could set up a tech trade, though nothing more.Sponsored by:



