Cramer Quick Take: Buy the Regional Banks
NEW YORK (TheStreet) -- The big banks may not be out of the woods quite yet, Jim Cramer told Debra Borchardt at TheStreet.com Monday.
That's why he's investing in the regionals for his charitable trust, Action Alerts PLUS .
Cramer said the big banks have already spent over $100 billion in fines and countless more in lawyers. But many, including Bank of America
That means it will likely be one step forward and another one back, said Cramer. So he prefers regionals including SunTrust
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-- Written by Scott Rutt in Washington.
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