Citi chief Vikram Pandit has done "an amazing job," in Cramer's opinion.
Cramer said it's not too late to buy shares in Citi and urges people to do so before the big institutions start snapping them up en masse.
More on Citi Citigroup to Sextuple by 2015?
Cramer isn't so sure about
It's "too hard," he said, alluding to its "headline risk," while saying that it's a "battleground" that could cause headaches for the portfolio manager.
"I think Goldman could be looking at the largest fine in history," he warned.
Stocks that Cramer does like right now -- in addition to Citi, of course -- include energy and utilities. One of the names he mentioned was
: it "hasn't spilled any oil." He also likes
for its dividend.
Before the segment ended, Cramer warned that the credit markets are bubbling and that extreme caution is needed.
-- Reported by Andrea Tse in New York
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