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

Halliburton (HAL Quote - Cramer on HAL - Stock Picks) and Nabors Industries (NBR Quote - Cramer on NBR - Stock Picks) 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 - Cramer on IPI - Stock Picks). "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 - Cramer on CLX - Stock Picks), Kimberly-Clark (KMB Quote - Cramer on KMB - Stock Picks) and Procter & Gamble (PG Quote - Cramer on PG - Stock Picks) 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.