Cramer said that Goldman, which he owns for his
Action Alerts PLUS newsletter, is up 18 points, and he sees that as "a sign of health, not of toxins." Cramer said the note it put out on banks needing to raise more capital was sheer brilliance.
Cramer dislikes financial holding company
and said you "just can't own these stocks." Cramer believes Goldman said everything you need to know about this company already.
Cramer also said that he dislikes
and believes that "the Bear deal didn't work out,
and as you can see by the stock price," the companies have no synergy and Bear gave them nothing.
Cramer said he also likes power generation company
, because demand for power will continue to grow in the U.S.
At the time of publication, Cramer was long Goldman Sachs.
Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for
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