Jim Cramer's Stop Trading! Buy Annaly

Stock quotes in this article: DSL , FED , NLY  

Buy Annaly (NLY Quote), Jim Cramer said Wednesday on CNBC's "Stop Trading!" segment.

Cramer said the mortgage company is well positioned to benefit from a coming series of Fed rate cuts. Cramer also likes Downey Financial (DSL Quote) and FirstFed (FED Quote), calling them "fulcrum stocks" and saying they're too heavily shorted to not rally in a declining-rate environment.
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At the time of publication, Cramer had no positions in stocks mentioned.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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