Cramer likes Fannie Mae and likes Sirius


On CNBC's STOP TRADING ! segment 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 Energy Company (NYSE:MEE), but said Arch Coal, Inc. (NYSE:ACI) is a well-run company. Cramer did say he's actually a buyer of Halliburton (HAL) here on weakness.

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

Cramer said that Sirius Satellite Radio Inc. (NASDAQ:SIRI) was a blow-out company and he thinks it will start making money in two years.

Jon Ogg is a partner in 24/7 Wall St., LLC; He does not own securities in the companies he covers.

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Last updated: May 16, 2012: 07:32 PM

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