NEW YORK (
) -- The market is rallying today as investors await the results of the Senate race in Massachusetts -- but, as Jim Cramer said during his "Stop Trading!" segment on CNBC, if Republican Sen. Scott Brown doesn't win, "there is no tomorrow on this
Conventional wisdom holds that if Brown wins the race -- thereby eliminating the Democrats' filibuster-proof 60-vote majority -- health care reform will likely hit a roadblock.
On a related note, Cramer continues to stand behind
in the health care sector. The company used to sell at a 14 to 15 multiple and got down to an 8 and 9 multiple, he said.
On an unrelated note, when asked about the Employee Free Choice Act -- commonly known as the "card check" proposal -- which would allow workers to organize labor unions if the majority sign pro-union cards, instead of by a secret ballot, Cramer was resolute: if passed, Cramer said, it would mean the end of money saving at banks and
unionization. Cramer said he would sell Wal-Mart and the banks on card check.
Meanwhile, when asked about
, which reported a narrower fourth-quarter loss on Tuesday and saw a decline in losses on consumer and corporate loans, Cramer was emphatic -- and concise.
Cramer said he would "buy, buy, buy" on the news.
-- Reported by Jeanine Poggi in New York.
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