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Jim Cramer's Stop Trading! Sweet Clorox

TheStreet.com Staff

"Swap out of Vonage (VG Quote) into anything," Jim Cramer said Friday on CNBC's "Stop Trading!" segment.

Cramer mocked the Holmdel, N.J., Internet phone company as its shares plunged 23% to a new low Friday on news of an injunction in a patent case with Verizon (VZ Quote).

"What a bunch of hucksters these guys are," Cramer said. "Where do they get this stuff?"

On a more positive note, Cramer sees hidden value in Clorox (CLX Quote) and ConAgra (CAG Quote), both of which have new management and "can be broken up in a second," he said.

Cramer also sees breakup value in rail companies like Union Pacific (UNP Quote), which Cramer said is the biggest landowner in the nation, and Norfolk Southern (NSC Quote).