Cramer's 'Stop Trading!': Buy Capital One

Stock quotes in this article: COF , AXP , SHLD , GE , AGN , GSK  

"Down here, I like Capital One(COF Quote) more than American Express(AXP Quote)," said Jim Cramer on Tuesday's "Stop Trading!" segment on CNBC. "I don't recommend shorts on the show, but I would not own American Express."

He said that unlike Capital One, which "has got its losses under control," American Express is "very small-business oriented."

Word is that Allergan(AGN Quote), up 11.2% today, will be bought by GlaxoSmithKline(GSK Quote). "I would be a seller of half my Allergan position right here," Cramer said. "Let's not be greedy. You sell half, let the rest run."

Cramer said that after CNBC parent company GE(GE Quote), Sears(SHLD Quote) is the "No. 1 naked shorting game." The government is going to "crack down on naked shorting," he said. "I think the SEC understands this game and is putting an end to it."

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At the time of publication, Cramer was long General Electric.

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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