Jim Cramer's 'Stop Trading!': Buy Nabors

Halliburton (HAL Quote) and Nabors Industries (NBR Quote) are worth buying, Jim Cramer said on CNBC's "Stop Trading!" segment Friday.

At the same time, Cramer said he likes Intrepid Potash (IPI Quote). "I want to buy it still," he said. "I think IPI's about to rip."

Cramer said he would avoid airlines and regional banks, and he added that while he would normally buy names such as Clorox (CLX Quote), Kimberly-Clark (KMB Quote) and Procter & Gamble (PG Quote) when the economy is struggling, they rely too heavily on oil for packaging their products. Therefore, those names and many other traditional recession stocks can't be trusted right now.

"The natural place to hide has been taken away," he said.