Cramer's 'Stop Trading!': RadioShack

Stock quotes in this article: RSH , PALM , FITB , MI  

"Lots of people say that financials are weak," said Jim Cramer on Friday's "Stop Trading!" segment on CNBC. "The great test cases are all these different secondaries."

He said that like Fifth Third(FITB Quote), Marshall & Ilsley(MI Quote) "used to be a great bank," but it "lost its way." After its recent stock offering, it's once again making money for people, said Cramer.

Cramer said that RadioShack(RSH Quote) is a play both on the conversion to digital TV and the fact that it has 10% of the Palm(PALM Quote) Pre. "There's not a Palm Pre available in this country," he said. "That is a sold-through product."

He likes Palm, too. "Palm's real," he said.

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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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