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Jun.16
3:53 PM ET

The uncertainty surrounding President Obama’s health-care plans has lingered so long that any news at all might be welcome news for the sector’s stocks. The group has been hit especially hard as Wall Street waits for the Washington to work out the exact details.

“Just having clarity could be good,” Cramer said during Tuesday’s Stop Trading!, even if the resulting legislation is a negative for these companies.

Over the longer term, health care offers none of the earnings power that banks are starting to deliver, nor does it hold the secular trends that are now driving tech. But knowing what is coming next would help.

The visibility might make a stock like UnitedHealth [UNH  Loading...      ()   ], which is up despite the Dow’s second down day in a row, more attractive. Cramer thinks UNH’s performance is “speaking volumes.”

“I don’t trust the group yet,” he said of health care, “but as I get clarity I will like them.”

Elsewhere in the market, a number of stocks are moving toward their option strike prices, namely JPMorgan Chase [JPM  Loading...      ()   ], which Cramer said could shoot to $35 if the June 35 puts are sold. Bank of America [BAC  Loading...      ()   ] and General Electric [GE  Loading...      ()   ] seem to be edging to their strike price of $12.50 as well.

“Stay tune for expiration,” Cramer said. “It’s in charge when the volume is this light.”

Cramer thinks the steel industry’s fundamentals are getting better. While speculation may have been controlling the commodities markets, growing orders are, at least in part, pushing a stock like Nucor [NUE  Loading...      ()   ] higher.

Lastly, Cramer urged viewers to avoid the Retail HOLDRs [RTH  Loading...      ()   ] exchange-traded fund in favor of the PowerShares Dynamic Retail ETF [PMR  Loading...      ()   ]. He called the Holder a “failed index,” saying it was “not a good judge anymore.”

“The PMR is a better way to trade retail,” Cramer said.

Cramer's charitable trust owns General Electric and JPMorgan Chase.

Call Cramer: 1-800-743-CNBC

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