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.
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.
He likes an IPO thatcame called Allegiant (ALGT) and he thinks Cal-Dive (DVR) will come on strong.
Jon C. Ogg
December 11, 2006
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