2 New Plays on Apple’s Success

There is a “tremendous bet” being made on SanDisk as a play on Apple , Cramer said during Monday’s Stop Trading!, but there are two better stocks that investors should consider.

Cirrus Logic and ARM Holdings “are far more levered to Apple,” the Mad Money host said. SanDisk’s flash memory is important, but the company lacks the proprietary products that these other two have.

“I happen to like SanDisk very much,” Cramer said, “but I also think that it’s gotten carried away versus these other two plays.”

Also, tanker rates are starting to “skyrocket,” Cramer said, as the ships are used more and more for storing oil, especially after BP’s Gulf of Mexico spill. Some on Wall Street are recommending Frontline , but Cramer said he likes Nordic American Tanker even more.

NAT offers an 8% dividend yield, and there’s a chance it could move higher with another dividend hike, which Cramer said is possible. He also thinks the storing of oil is a long-term trend that should drive business for Nordic American.

So, “This stock should regain its luster here,” Cramer said.

When this story published, Cramer's charitable trust owned Apple.

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