Cramer's Stop Trading!: Buy Citi Stock

On his Thursday Stop Trading! segment on CNBC, Jim Cramer urges investors to buy Citi stock.
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NEW YORK (TheStreet) -- On his Thursday Stop Trading! segment on CNBC, Jim Cramer urged investors to buy Citi (C) - Get Report stock and own it for the next two years.

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.

Cramer isn't so sure about

Goldman Sachs

(GS) - Get Report

stock though.

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

Total

(TOT) - Get Report

: it "hasn't spilled any oil." He also likes

Statoil

(STO)

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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