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Jim Cramer Return Risk +2.29% MID Tracked Blogger Profile & Performance Subscribe to author

Symbol Sentiment Start Return Closed COF 05/07/09 +45.55% -- BAC 05/07/09 +0.98% 07/31/09 WFC 05/07/09 -2.97% 07/31/09 AIG 05/07/09 -6.01% 05/19/09 BBT 05/07/09 +6.85% 08/19/09 Via BloggingStocks:   Filed under: Short stories, Market matters, Bank of America (BAC), BB and T (BBT), Amer Intl Group (AIG), Wells Fargo (WFC), Stocks to Buy, Cramer on BloggingStocks, Financial Crisis From TheStreet.com Network Bank Stress Tests: No Big Deal Capital-Short Banks Get Month to Offer Plan The stress tests seem to show that most financials are actually quite healthy. The market's bullishness gets harder and harder to fight. Now we learn that banks that people were telling me should be shorted aggressively on every lift are actually able to handle things quite fine, thank you very much. I was concerned about the late moves BB&T (NYSE: BBT) (Cramer's Take) made in real estate at the top, but either the examiners aren't concerned or things have gotten better. I have always been a fan of Capital One (NYSE: COF) (Cramer's Take) and used to own it for Action Alerts PLUS until I got worried about the economy, but it looks like its credit losses are actually holding up rather well and it needs no new capital. Continue reading Cramer on BloggingStocks: Buy banks despite the shorts Cramer on BloggingStocks: Buy banks despite the shorts originally appeared on BloggingStocks on Thu, 07 May 2009 10:15:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments   Read the rest of original post »

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