Fannie Mae (FNMA)

[rbd1]

Got this on Facebook this morning. Surprising from Jim Cramer

Fannie Mae ( FNM) is going to $70, Jim Cramer said Wednesday on CNBC's "Stop Trading!" segment.
Cramer called the government-sponsored mortgage stock his single best idea coming off Tuesday's Democratic landslide in the House of Representatives. Cramer said the Bush administration has been trying to bring the Washington-based company down, but Fannie now has room to run with Democrats holding the reins in Congress.
Cramer said Fannie is the cheapest financial stock out there, growing at 10% a year and trading at 10 times earnings estimates. He said the stock, up 4% Wednesday, will tack on more gains from its recent $62 and change. **********