Jim Cramer Blog

Yamana Gold (NYSE: AUY - News): Cramer urged viewers to hang on to gold stocks, especially AUY which had a great quarter, but is down 3% because "gold is selling off in a deflationary spiral."AIG (NYSE: AIG - News): This company is a buy because it has the right bonds, and not those associated with sub-prime mortgages. In addition, AIG is aggressively buying back shares, Cramer said.Fannie Mae (NYSE: FNM - News): While Cramer thinks FNM could provide a help limit the damage from the housing crisis, he laments the lack of political will to mend the situation.

Published by SeekingAlpha

Labels: AIG, AUY, FNM, Jim Cramer, Stop Trading