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Jim Cramer's Stop Trading! Polo Scores

Cramer likes banks too.

Deep-pocketed interest in



delivers a "wake-up call" to bears in other financial stocks, Jim Cramer said Monday on


"Stop Trading!" segment.

Cramer said the fact that Saudi Arabian investor Maan Abdulwahed Al-Sanea took a 3% stake in HSBC shows that shorts will be feeling the pain in lenders everywhere. Cramer said HSBC is "the most hobbled of the international banks," given the huge writeoffs it had to take in the fourth quarter for its exposure to "crummy loans" and the collapse of the U.S. subprime sector.

Still, Cramer said the buy could be similar to Saudi prince Alwaleed's fabled 1991 purchase of


(C) - Get Citigroup Inc. Report

before the stock soared 20-fold.

Cramer said that if Al-Sanea is buying HSBC, it should be "open season" for bulls to push up similar but superior U.S. banks such as


(WB) - Get Weibo Corp. Report


Washington Mutual

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(WM) - Get Waste Management, Inc. Report





Cramer also likes

Polo Ralph Lauren

(RL) - Get Ralph Lauren Corporation Class A Report

, citing CEO Roger Farah's "superb" handling of underperforming overseas licenses. Cramer said Farah's effort to "class 'em up" could make the aspirational brand play even better than longtime outperformer



, which trades at 30 times earnings estimates. Cramer said putting a similar multiple on Polo Ralph Lauren could take the stock to $110-$115 from a recent $96.50.

At the time of publication, Cramer had no position in stocks mentioned.

Jim Cramer is a director and co-founder of He contributes daily market commentary for's sites and serves as an adviser to the company's CEO. Outside contributing columnists for and, 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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