However, the fortunes of the company are very much tethered to global economy. In Q1, Timken's sales fell about 23-percent, and earnings dropped 51-percent.
But those results are backward looking.
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Looking forward, the issue with this stock is whether the global economy has started to improve.
Cramer doesn't think that's a terribly far-fetched idea.
Earlier in the week, Cramer's conversations with Eaton CEO Sandy Cutler and PPG CEO Chuck Bunch suggested that headwinds generated by Europe may not grow worse than they already are.
And China's has signaled it will step up infrastructure investment, which analysts say should provide support for the economy in the second quarter.
All told, Cramer said, "ask yourself, what happens if the pessimists are wrong – what happens if Europe and China are stronger that most investors think?" Perhaps the answer is, Timken rallies.
Disclosure: As of Monday April 29th, Jim Cramer owned Timken on behalf of his charitable trust.