Jim Cramer's Stop Trading! SunTrust Shines - TheStreet

Jim Cramer's Stop Trading! SunTrust Shines

Cramer is looking at U.S. banks again in the wake of a big merger.
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Monday's huge European banking deal makes

SunTrust

(STI) - Get Report

,

Fifth Third

(FITB) - Get Report

and

Comerica

(CMA) - Get Report

"worth a look," Jim Cramer said on

CNBC

's "Stop Trading!" segment.

Cramer said the $91 billion linkup of

Barclays

(BCS) - Get Report

and

ABN Amro

(ABN)

warrants a review of possible buyout candidates among the midtier U.S. bankers. Cramer also said he wishes

Bank of America

(BAC) - Get Report

, fresh off Monday's $21 billion buy of ABN's LaSalle unit, "would spend a couple days not acquiring something." He said he believes the bank is "addicted" to deals, and he warns that "there is no 12-step program for what Bank of America is doing."

Cramer also is taking another look at

Celgene

(CELG) - Get Report

and

Cephalon

(CEPH)

in the wake of Monday's $16 billion tie-up between

AstraZeneca

(AZN) - Get Report

and

Medimmune

(MEDI)

. Cramer said the deal, at first blush a case of massive overpayment on the part of AstraZeneca, could prompt a "radical revaluation" of rivals Celgene and Cephalon, which could turn out to be "way undervalued" by the Medimmune standard.

Cramer is less taken by

GM's

(GM) - Get Report

claim that its sales are being hit by the mortgage meltdown. Cramer notes that retail sales have remained robust, and he believes that the rising price of gasoline may be further depressing sales of the sport utility vehicles that GM and

Ford

(F) - Get Report

have been pitching to the exclusion of all else in recent years.

At the time of publication, Cramer had no position in 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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