Jim Cramer's Stop Trading! Tasty Eaton

Commercial construction names like Eaton (ETN Quote) are ready to roll higher, Jim Cramer said Monday on CNBC's "Stop Trading!"

Cramer lauded Cleveland-based Eaton, up 6% at midafternoon, for Monday's "amazing quarter." He said other low-profile diversified manufacturers and suppliers such as Grainger (GWW Quote), Graco (GGG Quote) and Parker Hannifin (PH Quote) also look attractive here, given the flood of money into the commercial construction business.

Cramer said the one downside of Eaton's bullish call on Monday is that now the question with the Fed isn't how soon it will ease rates but whether it will again have to raise rates.

Cramer also shrugged off Exxon's (XOM Quote) comment that it will hold exploration capital spending steady in the next couple years. Cramer said that comment is actually hugely bullish for oil drillers, given that Exxon has said it expects oil prices to drop. As a result, he said, he had expected the company to trim its capital spending budget.

"This was amazing," he said, calling Exxon "the least levered to oil" among the big oil companies.