Jim Cramer's Stop Trading! Radio Sweethearts
Sirius
(SIRI) - Get Sirius XM Holdings Inc. Report
is wrongly tarred with
XM Satellite's
( XMSR) brush, Jim Cramer said on
CNBC's
"Stop Trading!" segment Tuesday.
"Maybe the good trade here is to go long Sirius and short XM," he said. Sirius "has met every target," while XM has missed every one. "In this market, what's bad for XM is bad for Sirius, even if it shouldn't be."
Cramer also denounced the "high five" tone of conference calls Tuesday by
Goldman Sachs
(GS) - Get Goldman Sachs Group Inc. (The) Report
and
Best Buy
(BBY) - Get Best Buy Co. Inc. Report
. "Save the high fives, clowns, and just break out the safety nets."
TheStreet Recommends
Cramer said stocks are being sold indiscriminately: The only people not unloading
Bancocolombia
(CIB) - Get BanColombia S.A. Report
are those who think it's based in "Bogota, New Jersey."
"Nobody wants to take a risk," Cramer said. "Thank you,
Federal Reserve
governors."
At the time of publication, Cramer had no positions in the stocks mentioned.
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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