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S&P 500: 1,159.90 Change: -0.51%
xeanne
P&P Score: 2.12 | Points: -109.07 | Accuracy: 36.84 | Average Pick Score: -2.72   Annual Return: N/A  
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Commentary
BUY: HUDSON CITY BANCORP INC. (HCBK) Rating: 1
Start Price: $13.10
Points: -3.21
Created: 10/08/2009
Cramer: (HCBK) is known for being a very conservatively run bank. It is old-school in this way; they did not get caught holding a lot of sub-prime debt when the credit crisis hit, nor do they make a lot of moves in other risky assets. Instead, management has run their bank by the book lending money to credit worthy borrowers and taking the slow and steady path. They did not need TARP money and they have not raised capital, unlike so many others in their industry.

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