NEW YORK (
) -- "I think we're in pretty good shape here," said Jim Cramer on
"Stop Trading!" segment on Thursday. "Stocks are still down 50%, 60% of what they were, so I don't think it's any problem to go further."
The situation is still "fragile," and he's not "declaring an all-clear," but he said that the "
"can go much higher." For example, he predicted that
will go to $200.
conference call was "terrific," he said, and he recommending being "very careful" about shorting it or
. "The short story on these is as compelling, say, as the short story was on
at $30," Cramer said. "It doesn't hold up to scrutiny. These companies have growth!"
He liked Visa's quarter "a little bit better" than MasterCard's, explaining that Via has better growth and is cheaper.
Also on Cramer's radar was
, which he called "the best in show by far," he said, and reiterated his $70 price target on the stock. "It is just crazy that this stock isn't up more after that quarter," he said. "It was a magnificent quarter."
And as for banks, Cramer said that Goldman Sachs' report yesterday "was the single best report I've seen yet on banking," and he thinks that
Bank of America
is "over-reserved." That's going to be good for them," he said. "They have a lot of good things going on."
, on the other hand, "is not doing well. They have too much real estate," said Cramer.
Finally, Cramer said that he loves
but that it's "not the right stock here in the same way that
is not the right stock." Instead, he recommended
. "This is the one that people want," he said. "I think it goes right back up."
-- Written by Rebecca Corvino in New York
(Editor's note: At the time of publication, Cramer owned Bank of America, Visa and Yum! for his Action Alerts PLUS charitable trust.)