For the most upside, Cramer's looking to State Street (STT Quote), another Action Alerts Plus name. State Street is a custodial bank, which holds money for other banks and has little exposure to the economy as a whole, he said.
Second on the list was BB&T (BBT Quote), a bank that raised capital even when it didn't need to, and is now ready for serious acquisitions of smaller, failed banks.
Thanks! First post I've read that explains in language I can understand why we lost 2/3's of our dividend and took TARP money when the then CEO - JA - said we didn't need it. So we can buy failed banks.