"I think we've presumed all of a sudden that Obama's the best friend of State Street (STT - Get Report) and Fifth Third (FITB - Get Report)," said Jim Cramer on Wednesday's Street Signs TV show on CNBC. "Where has that idea ever come from politically?"He said that Morgan Stanley (MS - Get Report) is "the premier brokerage in the world." Shares of Morgan and Goldman Sachs (GS - Get Report) are the two largest positions in his Action Alerts PLUS charitable trust. "We cannot view them in the same light as the rest of the banks," he said. "Morgan Stanley could double from here."
Jim Cramer's 'Stop Trading!': RIM Rally's Real
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.