On today’s STOP TRADING segment on CNBC, Jim Cramer discussed sub-prime loans. Cramer thinks it is still right to bet on sub-prime lenders because they know how to model them and the stocks could double on a rate cut. Cramer said Wells Fargo (WFC) is the best in show there and it hasn’t kept pace with banks and they know what they are doing.Â
As far as tech growth, Cramer thinks there are so many cycles coming on that tech will do well on a company specific basis. AT&T (T) and Cisco (CSCO) were noted positively. He said Akamai (AKAM) is now the gold standard of growth and they have no real competition.Â
He likes an IPO thatcame called Allegiant (ALGT) and he thinks Cal-Dive (DVR) will come on strong.
Jon C. Ogg
December 11, 2006
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.