The topic of conversation was covered bonds on Monday's segment of
"Stop Trading." In response to the proposed bill, Jim Cramer said: "
Bank of America
should join this." He said that if he were them, he'd "go up there and say, 'I like covered bonds, too.'"
However, Cramer wasn't completely sold on the idea. "We have to solve our current problems before we worry about the next solution," he said. He also called it a distraction from the real problems.
Turning to individual stocks, Cramer then said he would "get out of
." He also noted that "of all the retailers rolling over, the one that rolls over best is Target."
, he remarked that the two companies were "so hated it's scary." He acknowledged incredible growth in the texting market before again noting that "whatever line was bad, the analysts decided to drill down on."
At the time of publication, Cramer had no positions in stocks mentioned.
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