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Repeating history doesn't guarantee a mistake. Sometimes it's an opportunity. That right now is how Cramer views a number of rising regional banks.
- Cramer's 5 Breakout Bank Stocks
This moment in time – post-credit crisis – is much like the end of the savings-and-loan crisis. The Federal Insurance Deposit Co. in the early 1990s sold off failing institutions to smaller yet stronger firms, creating regional powerhouses. Like Fleet, which grew from a conservative Providence, Rhode Island, outfit to New England’s largest bank. Bank of America [ BAC 14.48 
-0.52 (-3.47%) ] in 2004 bought Fleet, giving investors a 500% return over that 16-year period.
Well, the same thing is happening again, the FDIC selling credit-crisis losers to smarter, more adaptable survivors of which Charles Darwin would be proud. Cramer predicts that these winners could generate similar returns to those of Fleet, so investors should buy their stocks now.
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