Looking for stocks on the cheap? Take a ride on railroad stocks, CNBC's Jim Cramer said Monday.
"I think the rails have bottomed. Now, the rails have been brought down by crude-by-rail [orders] and by coal. Coal, they already told you it was going to be down 20 percent; crude by rail, we already know it was coming down," Cramer said on "Squawk on the Street."
"These stocks are cheap, if you do year-over-year analysis. That's what people are starting to do," he said.