RealMoney Radio Mailbag: Ride Away From Wells Fargo

Cramer tells a listener that he doesn't want to be in the banks -- except for Commerce Bancorp.
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Editor's Note: The following are questions received from listeners of "RealMoney Radio." To send Cramer a question about topics from his radio show, click here. Listen to Cramer's latest radio show by clicking here.

Jim, what do you think of Wells Fargo (WFC) - Get Report?-- Franco from New York

James J. Cramer:

Wells Fargo is one of the best-run banks in the world, but until we see a sign that the

Federal Reserve

will slow down the rate hikes, I don't want to be in the banks.

I don't want to be in the banks other than

Commerce Bancorp

(CBH) - Get Report

, that is. Commerce has very strong deposit growth and is taking share from the bigger banks.

I know I sound like a broken record on Commerce, which I also own for my charitable trust,

ActionAlertsPLUS. But at this point in the rate hike cycle, you need strong organic growth, and Commerce has it in spades.

Jimbalaya! Is it time to get back into Urban Outfitters (URBN) - Get Report?-- Fran from California

James J. Cramer:

Right now, I'm not crazy about the teen retailers. While Urban has a ton of room to grow and a great long-term outlook, there is a lot of near-term risk due to the denim glut we're seeing.

I'd consider getting into Urban if it dropped below $50, but I don't like the risk-reward with the stock trading above $55.

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