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The Suez Sweet Spot

Tuesday, 21 Apr 2009 | 4:02 PM ET

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.

Stop Trading, Listen to Cramer!
Mad Money host Jim Cramer shares his stock picks with CNBC's Erin Burnett.

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.

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

  Price   Change %Change
CAT
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FRO
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Naturally Advanced Technologies
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STT
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TXN
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