Jim Cramer's Stop Trading! Buy Diana Again

10/31/07 - 02:57 PM EDT

TheStreet.com Staff

Buy Diana Shipping (DSX Quote - Cramer on DSX - Stock Picks), Jim Cramer said Wednesday on CNBC's Stop Trading! segment.

Cramer said the stock, up 9% off Tuesday's 12% plunge, remains a buy because of enormous demand in China.

Cramer also likes Under Armour (UA Quote - Cramer on UA - Stock Picks), off 3% on worries of rising inventory. "Yes, I would buy it," Cramer said.

Cramer also said Merrill Lynch (MER Quote - Cramer on MER - Stock Picks) "was a comedy that became a farce" just ahead of yesterday's cashiering of CEO Stan O'Neal, whereas Citi (C Quote - Cramer on C - Stock Picks) -- which still employs embattled chief Chuck Prince -- remains for now a mere comedy.

At the time of publication, Cramer was long Citi.

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