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The Suez Sweet Spot

The Suez Canal is the "epicenter of commerce in the world right now," Cramer said during Tuesday's Stop Trading!, and the boom there is only beginning.

Cramer likes Nordic American Tanker as the play on the endless amount of goods shipped back and forth through the canal, though he endorsed Frontline as well.

China, in particular, is the driver behind this consumption, Cramer said, as evidenced in recent statements from Texas Instruments and Caterpillar . He's a "gigantic believer in China and a turn in Asia."

Lastly, Cramer said he was bullish on State Street , on the bank's ability to outperform its peers.

Cramer's charitable trust owns Caterpillar.

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  • Jim Cramer

    Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

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