"Any financial company that fears a rating downgraded should be raising equity to hold off a downgrade," said Jim Cramer on CNBC's "Stop Trading!" segment on Tuesday.

General Electric ( GE) might be an exception. For one thing, S&P already downgraded the stock, to AA+ from AAA, on March 12. For another, "GE does not run a hedge fund of UK homes," said Cramer.

Cramer thinks GE's stock is "too cheap," but he cautioned that "I own the stock, I work here," so there might be a better call out there.

Cramer said that "in this bullish tape, Google is going way up." With all the talk of the death of newspapers, "every single ad that would have gone in newspapers goes to Google," he said.

Finally, Cramer said that Obama's choice of Peggy Hamburg as the next FDA commissioner is good news for Gilead ( GILD).
At the time of publication, Cramer was long General Electric and Gilead.

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 Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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