ahead of next week's earnings report, Jim Cramer said Thursday on
"Stop Trading!" segment.
Cramer said he likes the broker because it gets to have comparisons with the mixed quarters at
, not Tuesday's blowout at
"Buy it," Cramer said of Morgan, because the subprime worries surrounding Bear Stearns and to a lesser degree Goldman "have ratcheted down expectations."
Cramer also says investors should ignore
because the stock appears rangebound at $45-$50. "No one's focused anymore," Cramer said, so he believes it's not a good bet to try to wait out a possible short squeeze in the stock.
Cramer said he likes hoteliers
but would otherwise avoid the group right now.
At the time of publication, Cramer was long Goldman.
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