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Jim Cramer's Stop Trading! Buy Annaly

Stock quotes in this article: DSL , FED , NLY  

Buy Annaly (NLY Quote), Jim Cramer said Wednesday on CNBC's "Stop Trading!" segment.

Cramer said the mortgage company is well positioned to benefit from a coming series of Fed rate cuts. Cramer also likes Downey Financial (DSL Quote) and FirstFed (FED Quote), calling them "fulcrum stocks" and saying they're too heavily shorted to not rally in a declining-rate environment.

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