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Thursday, September 20, 2007

Jim Cramer's Stop Trading Sept. 19th

Buy Annaly (NLY), Jim Cramer said Wednesday on CNBC's "Stop Trading!" segment.
Cramer said the mortgage company is well positioned to benefit from a coming series of Fed rate cuts. Cramer also likes Downey Financial (DSL) and FirstFed (FED), calling them "fulcrum stocks" and saying they're too heavily shorted to not rally in a declining-rate environment.

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