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Wednesday, November 08, 2006

Cramer Says Fannie Mae Is a Winner After the Elections; Likes Sirius Too

On CNBC's STOP TRADING segment at 2:45 PM EST today, Jim Cramer went over a single best idea.

Cramer said that Fannie Mae (FNM) has been battered by the republicans. He says it is back and will be better than ever.

Cramer said on energy he would be a little worried about Coal and more in favor of natural gas. Cramer panned massey (MEE), but said Arch Coal (ACI) is a well-run company. Cramer did say he's actually a buyer of Halliburton (HAL) here on weakness.

Cramer said Sprint (S) was going up while the comments are out about more of an AT&T/BellSouth review extension.

Cramer said on Sirius (SIRI) that this was a blow-out company and he thinks this can make money in 2 years.

Jon C. Ogg
November 8, 2006

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