TheStreet.com TV Recap: Where's the Momentum?

As hot areas of the stock market cool off, it's time to consider where that money will head next, said Jim Cramer.

One place to look is to the more traditional stocks -- the Colgates (CL Quote), Procter & Gambles (PG Quote) and Kelloggs (K Quote).

"Those are quintessentially safer," Cramer said in Monday's Wall St. Confidential video.

Those stocks will get a boost as investors flee the "mo-mo" areas of the market, like real estate investment trusts. "I see profit-taking from the REITs," said Cramer, who agreed that the recent Equity Office Properties (EOP Quote) deal marked the top in that sector. "The issue is that there are no value-buyers [that] going to come in at these levels."

As for other momentum favorites such as Google(GOOG Quote) and Chicago Mercantile Exchange(CME Quote), they're subject to the whims of the fast-money crowd. "You gotta let these things bottom before you come in."

Drilling plays such as Hanover Compressor (HC Quote) and Norsk Hydro (NHY Quote) are in another area to mine profits. Wall Street doesn't like them, but they're growing at 25%-30% a year, and Main Street does like them.