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Staking the Positive Ground on Banks

By Jim Cramer

 About this article:
 The bearish bets on the banks will not pay off, and not just because of the two-year auction that went so well. I am staking out the positive bank ground, and I think that you should buy them now, as I believe the end-of-quarter rally could be upon us, based on the money in -- there is plenty -- and the incredible negativity that will not let up. What's the fundamental linchpin on this call (as opposed to just agreeing with Dougie)? Why? Why buy here, right now? Because the pace of deterioration is moderating. Which I regard with great comfort. There's something going on that's not in the numbers that makes me feel there could be some upside surprises: the deposit competition. It seems like it could be going away. Every time we get one of these moments where there is stress, there are banks...

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