Cramer's 'Stop Trading!': Goldman Sachs
"I think it's starting to dawn on people," said Jim Cramer on Monday's "Stop Trading!" segment regarding reports of $2.25 gasoline, that that would be "a major tax relief bill for America."
He mentioned Oppenheimer's upgrade of Best Buy(BBY) and Thomas Weisel's upgrade of SanDisk(SNDK). "This is all gadget-buying," he said. "The gadget-buying rally was really something that got started when gasoline was going down." He said that Goldman's upgraded of Discover(DFS) was interesting because "it said that the consumer losses have peaked. That is a very contrary call to what you read in the papers." And Rockwell's(ROK) upgrade by JPMorgan also got Cramer's attention. "You buy Rockwell when you think the economy's about to roar," he said. As for Goldamn's(GS) stock, which Cramer owns for his Action Alerts PLUS charitable trust, he said he'd "actually be trimming a little bit because I don't like to buy stocks that are up $7 ahead of earnings." But it "probably will be a good quarter," he said. "Is there anyone who doesn't know that?">To order reprints of this article, click here: ReprintsTheStreet Premium Services For Personal Service: 877-471-2967
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