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Cramer's Bank Winner After The Meltdown (WB, WFC, BAC) |
| Published: August 16, 2007, 6:15 pm |
| Tags: banking, cramer, financial stocks |
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On tonight's MAD MONEY on CNBC, Jim Cramer discussed why Wachovia (WB), Wells Fargo (WFC), and Bank of America (BAC) were all up big today; and some even higher than before the mortgage malaise started. His rationale is simple: the smart lenders that were strict will be rewarded once all this dust settles. There is a huge difference on these banks and there will be some day when Wells Fargo or another come out and say in a press release that they are taking a huge charge. Wells Fargo (WFC) is his top pick in the sector and he thinks... [ Full article ] |
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